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<v Speaker 1>Hello, everyone, Welcome to another episode of The gold Silver

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<v Speaker 1>Bitcoin Show, brought to you by Goldsilver Bitcoin dot Com.

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<v Speaker 1>We are more than an honored to be sitting down

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<v Speaker 1>today with Jay Dyer. Jay is known for his deep

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<v Speaker 1>analysis of Hollywood, geopolitics, culture, and much more. His graduate

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<v Speaker 1>work focused on psychological warfare and film, and he is

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<v Speaker 1>the author of two books, So Tera Hollywood one and two,

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<v Speaker 1>and the co creator and co host of the television

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<v Speaker 1>show Hollywood Decoded. He's been featured on numerous popular shows

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<v Speaker 1>and podcasts and debates with some of the world's top debaters.

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<v Speaker 1>Thank you so much, Jay for joining us today.

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<v Speaker 2>Yeah, man, glad to be here. I've been wanting to

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<v Speaker 2>do more economic, crypto based type podcast, so I'm really

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<v Speaker 2>honored to be here to talk about that with you today.

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<v Speaker 1>Well, then, you know, with that said, like, why don't

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<v Speaker 1>we just kind of jump into that arena on this

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<v Speaker 1>show we try to just talk about bitcoin because for

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<v Speaker 1>a couple of reasons, I noticed at the Bitcoin Conference

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<v Speaker 1>in twenty twenty one that there was this overlap between

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<v Speaker 1>the American conservative movement and the bitcoiner And it was

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<v Speaker 1>a overlap that I guess was there from the beginning

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<v Speaker 1>when bitcoin had a lot of libertarians involved. A lot

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<v Speaker 1>of the cyberpunks from back then were also kind of

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<v Speaker 1>like small government minded individuals. But I've seen it evolve

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<v Speaker 1>really to overlap with what we're seeing as the American

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<v Speaker 1>conservative movement. In fact, some of my colleagues who are

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<v Speaker 1>more on the block chiint the corporate blockchain side of things,

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<v Speaker 1>mentioned to me they're like, Wow, I feel like I'm

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<v Speaker 1>at a q rally.

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<v Speaker 3>When Jack Dorsey was on stage, he was being booed.

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<v Speaker 1>Laura Lumer ran up the stage and was confronting him

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<v Speaker 1>for kicking her off of the platform and other conservatives

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<v Speaker 1>and then also now I remember somebody yelled from the audience,

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<v Speaker 1>you're on American Jack, and the whole discussion there was

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<v Speaker 1>about inflation, central banks, debt, and so I saw this

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<v Speaker 1>overlap between the bitcoin industry and then of course the

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<v Speaker 1>American conservative movement. Mike mcgloane, who's actually a Bloomberg crypto

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<v Speaker 1>and commodities analyst who's really interesting, he also notices this.

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<v Speaker 1>He's got a clear head on his shoulders. And then

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<v Speaker 1>I've also noticed that there's been this split between like

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<v Speaker 1>bitcoiners and the rest of the all coin industry or

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<v Speaker 1>the rest of the cryptocurrency industry. So there's Bitcoin maximalists

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<v Speaker 1>and they're always kind of you know, calling all coin

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<v Speaker 1>shit coins, for instance, and then the all coiners are

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<v Speaker 1>all kind of saying that, you know, there's this Bitcoin

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<v Speaker 1>toxic maximalism. All that is to say that I see

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<v Speaker 1>increasingly this overlap between the American conservative movement who harke

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<v Speaker 1>him back to the right wing of the right wing,

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<v Speaker 1>I mean, the radical kind of republican base of the

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<v Speaker 1>American Revolution who were known for kind of being conspiracy theorists.

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<v Speaker 1>They thought the king was like conspiring against the colonies

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<v Speaker 1>and all this stuff. And Bernard Balin, who I believe

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<v Speaker 1>was a Harvard academic, actually has a note in his book.

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<v Speaker 1>It's called a Note on Conspiracy maybe all four of

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<v Speaker 1>this to you, and he addresses that there was this

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<v Speaker 1>radical element who were convinced of a conspiracy, though not

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<v Speaker 1>everyone was. I see overlapping between the modern conservatives with

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<v Speaker 1>them and the modern conservatives and bitcoin and all that

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<v Speaker 1>kind of leads me to what are your thoughts on

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<v Speaker 1>the overlap between American conservatism and particularly bitcoin, And then

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<v Speaker 1>from there maybe we can talk about this black Swan

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<v Speaker 1>event that the w EEF has mentioned.

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<v Speaker 2>I think that's a really good insight. I think there's

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<v Speaker 2>definitely overlap, probably because of education. I think most of

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<v Speaker 2>the time people who are knowledgeable about economics have a

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<v Speaker 2>high degree of education, and more and more people are

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<v Speaker 2>getting educated on economics, especially as the economy gets worse.

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<v Speaker 2>They want to figure out like why is everything costing

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<v Speaker 2>so much more now? Why is there super duper inflation,

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<v Speaker 2>you know when I go to buy you know, eggs

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<v Speaker 2>or whatever. So I think that there's a confluence of

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<v Speaker 2>things happening. The idea of the debt based FIAT system

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<v Speaker 2>being a trap, being a scam definitely, you know, overlapped

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<v Speaker 2>with the so called conspiracy world, which is really just

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<v Speaker 2>the reality world. I mean, it's not even conspiracies, it's

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<v Speaker 2>it's people who were looking at what's really going on

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<v Speaker 2>behind the scene, learning about the Federal Reserve. So I

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<v Speaker 2>think that, you know, the Ron Paul era, which I

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<v Speaker 2>was really involved in both I ran and ran Paul

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<v Speaker 2>you know, campaigns and trying to you know, help out

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<v Speaker 2>with that back in you know, the two thousand and seven,

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<v Speaker 2>eight nine ten era. That was the period when a

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<v Speaker 2>lot of people were getting educated in the libertarian and

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<v Speaker 2>conservative libertarian camps on economics, and I saw, you know,

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<v Speaker 2>I remember that time at the time when you know,

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<v Speaker 2>Ron Paul would have rallies where he could fill entire

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<v Speaker 2>stadiums and he was really calling out the Federal Reserve.

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<v Speaker 2>And so, you know, Ran, I remember he based his

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<v Speaker 2>whole campaign in twenty twelve or something, I think on

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<v Speaker 2>the problems with the IRS, the problems with taxation, the

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<v Speaker 2>problems with ultimately the Federal Reserve, and it was just

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<v Speaker 2>really heard of at that time, even though you know,

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<v Speaker 2>there's been a lot of you know, very goldwater types.

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<v Speaker 2>We've been talking about the Fiddle Reserve for a long time.

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<v Speaker 2>And it just was a perfect confluence because as we

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<v Speaker 2>started seeing deplatforming, as we started seeing people noticing what

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<v Speaker 2>I think last year there was a twenty ten to

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<v Speaker 2>twenty percent loss in the purchase of nower of the

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<v Speaker 2>dollar within a year. So people were really starting to say,

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<v Speaker 2>wait a minute, like, we've got to have alternative systems,

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<v Speaker 2>both in terms of media, in terms of how we

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<v Speaker 2>get our information out, in terms of social media, in

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<v Speaker 2>terms of video platforms, and so obviously to money, we

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<v Speaker 2>need other ways to uh, you know, conduct economic transactions

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<v Speaker 2>to share ideas and value that cannot be destroyed. They

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<v Speaker 2>cannot be easily you know, gotten rid of, cannot be deleted.

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<v Speaker 2>Since or so, the parallels became natural, as you said,

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<v Speaker 2>between increased education on money, monetary policy, how everything's a

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<v Speaker 2>scam when it comes to the Fed, it's private banks

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<v Speaker 2>ripping off everybody in terms of general rational wealth through inflation.

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<v Speaker 2>And then at the same time, we have, as you said,

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<v Speaker 2>this sort of amazing invention that comes about with bitcoin,

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<v Speaker 2>where you have this really ideal money system. I always

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<v Speaker 2>call it like an ideal or a neoplatonic type of

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<v Speaker 2>money system, because that's what it is. It's the hardest,

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<v Speaker 2>best way to do money, hardest asset gold and silver.

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<v Speaker 2>Obviously we're next to that, but it's the ideal. And

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<v Speaker 2>so I think so many people being forced to come

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<v Speaker 2>to grips with reality when it comes to the great Reset,

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<v Speaker 2>when it comes to what's been happening the last two years,

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<v Speaker 2>also forced people into reality when it came to how

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<v Speaker 2>they're going to manage their personal finances, their investments and

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<v Speaker 2>all this stuff, and so that just it was just

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<v Speaker 2>a perfect confluence of all these things at once.

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<v Speaker 1>Can you come up more on bitcoin as the quote

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<v Speaker 1>perfect money as some have said like Max Kaiser for instance,

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<v Speaker 1>and define like neo platonic, I guess some more.

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<v Speaker 2>Well, that was just kind of my own thought process

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<v Speaker 2>on it, because, like in, because I'm a philosopher, I'm

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<v Speaker 2>not really trained. I do. I do have one published

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<v Speaker 2>paper in economics and social theory, but most of my

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<v Speaker 2>work has really been in terms of philosophy and history geopolitics.

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<v Speaker 2>But one thing that I did was I got inadvertently

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<v Speaker 2>into studying monetary policy and money through reading geopolitics, because

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<v Speaker 2>I started learning about the Federal Reserve and I started,

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<v Speaker 2>you know, reading quickly Stragic Hope, which basically admits everything

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<v Speaker 2>that people have been so called conspiracy theorizing about the FED.

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<v Speaker 2>It's all in that gigantic geopolitical tone, which is basically

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<v Speaker 2>trying to defend the actions of a debt based monetary system.

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<v Speaker 2>And he even begins the book by saying, this really

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<v Speaker 2>has his origins in the goal promissory notes system, in

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<v Speaker 2>basically going back to Renaissance medieval Europe, where they started

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<v Speaker 2>separating the currency from what was the paper currency from

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<v Speaker 2>the actual held back value of gold or whatever, and

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<v Speaker 2>that allowed the banking elite to sort of run up

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<v Speaker 2>these debts and they could then buy up assets on

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<v Speaker 2>you know, on the cheap. So it's it's a pretty

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<v Speaker 2>simple and yet the same time complex scam that they

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<v Speaker 2>run over and over and over, and so from a

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<v Speaker 2>philosophical perspective, it was I was able to look at

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<v Speaker 2>that and say, well, in philosophy, we have the idea

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<v Speaker 2>of systems or systems analysis, or things that operate in

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<v Speaker 2>the kind of objective way that are that are just

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<v Speaker 2>totally math based, totally fact based, totally objective, and so

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<v Speaker 2>what you would want to shoot for in that type

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<v Speaker 2>of a system, whether it's a system related to engineering

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<v Speaker 2>or a system that relates to a worldview. Actually, worldviews

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<v Speaker 2>operate in the same way our belief. Systems operate in

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<v Speaker 2>a systemic way. And then you know it basically, you know,

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<v Speaker 2>computers operate in the same way of systems. So everything

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<v Speaker 2>that we do, even the household, like a household, mom, dad, kids,

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<v Speaker 2>it operates as a kind of a system. So when

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<v Speaker 2>we understand systems and how they work from a philosophical perspective,

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<v Speaker 2>I know, probably a lot of the listeners or watchers

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<v Speaker 2>are familiar with Michael Saylor, the way he describes things

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<v Speaker 2>in terms of engineering, and how bitcoin is this amazing

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<v Speaker 2>engineering feat. You know, my analysis is more philosophical, so

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<v Speaker 2>I can look at it from the vantage point of

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<v Speaker 2>like philosophical systems. And the ultimate idealist system is Plato.

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<v Speaker 2>And so I'm not advocating everything Plato said. He was

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<v Speaker 2>actually a statist and you know, very problematic in his worldview,

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<v Speaker 2>but one thing that he did have a conception of

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<v Speaker 2>was objectivity, the importance of mathematics. And then if you

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<v Speaker 2>could make mathematics and objectivity kind of the ultimate ledger

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<v Speaker 2>or the ultimate decider of monetary policy, then you could

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<v Speaker 2>have what would be at least the closest approximation of

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<v Speaker 2>an ideal system. And that's what we have with a

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<v Speaker 2>bitcoin type of system, is that approximation of an objective,

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<v Speaker 2>mathematical based ideal. And the more it's based on that,

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<v Speaker 2>the less it can be potentially manipulated by human beings.

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<v Speaker 2>So no system is perfect obviously in this world. So

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<v Speaker 2>I'm not avid. I'm not saying that, Oh it's the

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<v Speaker 2>you know, like the salvation of everybody. I'm not a

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<v Speaker 2>religious I do think ultimately it's kind of a gift

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<v Speaker 2>from God in that sense that it is an answer

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<v Speaker 2>to a lot of human kinds problems. But I don't

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<v Speaker 2>think that it itself is divine or anything like that.

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<v Speaker 2>But that's what I meant by kind of a neoplatonic

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<v Speaker 2>money system is that in that it's ultimately shooting for

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<v Speaker 2>a public, definable, objective, mathematically based way to have monetary transactions,

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<v Speaker 2>to have an economy, to have money and value an

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<v Speaker 2>energy stored over time. And there's nothing like that. Really,

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<v Speaker 2>there's there's not anything in history. I mean, you could

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<v Speaker 2>approximate it to things like gold, but but in ways

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<v Speaker 2>bitcoin is even superior to that.

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<v Speaker 1>So I came to economics through history, and I studied

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<v Speaker 1>history in college. Then pretty much right after college, the

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<v Speaker 1>first thing I did was start getting into economics. That

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<v Speaker 1>thought that might make that might help me make money

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<v Speaker 1>in the long I've learned since then that it's best

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<v Speaker 1>just to follow your passion and be really passionate about

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<v Speaker 1>it and consistent with it. But that aside, I just

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<v Speaker 1>start studying economics, and then of course the economic history,

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<v Speaker 1>particularly in the context of the twentieth century. In college,

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<v Speaker 1>my focus was on places like the Soviet Union, where

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<v Speaker 1>their shortage was something that was quite common. Another focus

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<v Speaker 1>of mind was on Nazi Germany. Learned a lot about

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<v Speaker 1>the German Democratic Republic thereafter, and of course the Weimar

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<v Speaker 1>Republican in the Wymar Republic, of course, there's these stories

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<v Speaker 1>of people going to restaurants and the price of the

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<v Speaker 1>items on the menus changing during the course of their meal,

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<v Speaker 1>or they would rather actually pay before they ate to

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<v Speaker 1>make sure that that didn't happen, and their stories and

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<v Speaker 1>I guess probably photos if I'm not mistaken, of people

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<v Speaker 1>wheelbarrowing money around. And so I began learning about the

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<v Speaker 1>World Bank and the International Monetary Fund and their role

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<v Speaker 1>in world affairs in the post World War two period.

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<v Speaker 1>I think a lot of their funding, most of their

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<v Speaker 1>funding came from the US taxpayer, and their policy was

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<v Speaker 1>to only give loans to countries throughout the world in

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<v Speaker 1>exchange for not only is it there that debt, but

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<v Speaker 1>there's this austerity measures in quote economic medicine that those.

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<v Speaker 3>Leaders must impose.

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<v Speaker 1>And then there's a long standing critique that that money

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<v Speaker 1>essentially just goes to the plutocrats of each individual country.

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<v Speaker 1>And so I started learning about this. The debt based system.

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<v Speaker 1>The Federal Reserve was obviously a big played a big

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<v Speaker 1>part in the global economy, stated back to nineteen thirteen.

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<v Speaker 1>And then there was, of course some other big events

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<v Speaker 1>in the US history. I think in nineteen thirty three

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<v Speaker 1>Goald confiscation comes to mind, so gold was confiscated, but

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<v Speaker 1>not everyone turned the gold in.

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<v Speaker 3>And then in nineteen sixty five four Lyndon B.

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<v Speaker 1>Johnson says, don't worry, this isn't going to change anything,

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<v Speaker 1>but we're gonna take all the silver out of the

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<v Speaker 1>coinage and we're going to get We're gonna put it

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<v Speaker 1>nickel and zinc and copper in.

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<v Speaker 2>It, debasing the currents that yeah, we're going.

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<v Speaker 1>To debase the currency completely to zero, which is quite

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<v Speaker 1>a radical step, by the way, and I began learning

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<v Speaker 1>about the new kind of FiOS system post nineteen seventy

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<v Speaker 1>one with Nixon doctrine taking the.

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<v Speaker 3>US off the gold standard.

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<v Speaker 1>So now bitcoin is almost direct statement, I would say,

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<v Speaker 1>a philosophical statement, if you will, against the system that

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<v Speaker 1>we've seen unfold, especially post two thousand and eight when

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<v Speaker 1>there was the bailouts and the money printing. Of course,

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<v Speaker 1>as Henry Hazlitt wrote in Economics in one lesson that

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<v Speaker 1>inflation or money printing causes reckless spending, and it leads

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<v Speaker 1>inevitably to fascism or communism, and that is essentially the

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<v Speaker 1>path that we've seen a Bitcoin as an alternative. Not

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<v Speaker 1>only was capped at twenty one million, I think is

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<v Speaker 1>the only commodity in the world where we know exactly

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<v Speaker 1>how many will exist forever more, but also it had

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<v Speaker 1>in the genesis block a reference.

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<v Speaker 3>To the bailout.

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<v Speaker 1>In On January third, two thousand and nine, the headline

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<v Speaker 1>of the UK Times read Chancellor on bring a second

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<v Speaker 1>bailout and so here's bitcoin. It's this clear statement against

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<v Speaker 1>central banking. Really and now we see that we the

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<v Speaker 1>libertarians adopted it in some way, the cyberpunks adopted it

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<v Speaker 1>in some way. A lot of other kind of countercultural

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<v Speaker 1>movements also did adopt it. I remember on Bitcoin Talk

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<v Speaker 1>there was debates is bitcoin like a communist organism or technology?

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<v Speaker 1>And so a lot of countercultural people were rallying behind it.

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<v Speaker 1>But I think it was in the US it was

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<v Speaker 1>really driven by the libertarian movement. Whenever you win, it

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<v Speaker 1>was all like small government minded individuals for the most part.

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<v Speaker 1>That evolved in twenty fifteen when the I think blockchain

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<v Speaker 1>was co opted by corporate America and they started calling

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<v Speaker 1>distributed ledgers blockchains, and they said, hey, we're going to

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<v Speaker 1>turn the world into a blockchain. They're really just talking

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<v Speaker 1>about distributed ledgers at that point that by twenty sixteen,

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<v Speaker 1>twenty seventeen, I was like, man, there's a lot of

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<v Speaker 1>democratic socialists running around.

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<v Speaker 3>This industry now.

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<v Speaker 1>So we see this strain from the libertarian movement, the bitcointers,

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<v Speaker 1>the statement on the inflationary policies of central banks, and

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<v Speaker 1>then of course the very kind of well the reference

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<v Speaker 1>to central bank policy and the genesis block So in

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<v Speaker 1>so many ways, it really is a commentary on the

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<v Speaker 1>nature of our political systems, our financial systems, et cetera.

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<v Speaker 1>And to see how it from that kernel with kind

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<v Speaker 1>of this libertarian movement to becoming pop culture in rap songs,

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<v Speaker 1>in TV shows and movies.

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<v Speaker 3>Has been quite a sight to behold. It's like, I

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<v Speaker 3>can't think of any other moment in history where something

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<v Speaker 3>like this has happened. I guess you could argue the

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<v Speaker 3>revolutions are those like the American Revolution comes to mind. However,

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<v Speaker 3>on the front of just finance, there have been private moneies,

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<v Speaker 3>but nothing that has disrupted things like this in such

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<v Speaker 3>a short amount of time. Von Nohouse comes to mind.

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<v Speaker 1>I think in twenty shortly after the release of bitcoin,

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<v Speaker 1>bernardvon Nohouse started creating Liberty dollars out of silver coins.

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<v Speaker 1>They were being minted in North Idaho by Sunshine May

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<v Speaker 1>and the FEDS rated the mint They arrested Bernard von

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<v Speaker 1>Nohause and said that he was basically counterfeiting US currency. Well,

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<v Speaker 1>how far have we come in the last ten years

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<v Speaker 1>on the on the back of bitcoin? Really?

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<v Speaker 2>Oh? Absolutely, yeah, I wasn't trying to cut you off.

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<v Speaker 2>I disagree. I mean, yeah, I remember too when that happened,

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<v Speaker 2>because that was around the time I first bought some

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<v Speaker 2>gold or silver. It was probably around two thousand and

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<v Speaker 2>eight or nine, so I was following that kind of

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<v Speaker 2>stuff relatively close. And I remember that story, and I

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<v Speaker 2>remember thinking, and I think maybe I was a little

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<v Speaker 2>for many years initially suspicious of bitcoin because I was

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<v Speaker 2>so kind of mired in the conspiracy world that I

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<v Speaker 2>was overly negative in my appraisal of everything. And I

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<v Speaker 2>remember thinking, well, if they if they rate a guy

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<v Speaker 2>for that, like, they're not going to allow bitcoin, right,

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<v Speaker 2>I mean, if bitcoin is what it says it is, Uh,

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<v Speaker 2>you know, they're gonna shut that down. And I think

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<v Speaker 2>they intended and tried, you know, for a long time.

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<v Speaker 2>They're really shut down bitcoin. They didn't want it to

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<v Speaker 2>be what it could become and what it is becoming.

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<v Speaker 2>You know, we've seen actually who Bill Gates, Hillary Clinton

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<v Speaker 2>within the last couple of weeks have come out and

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<v Speaker 2>said we got to get rid of this bitcoin. Crypton

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<v Speaker 2>needs to go away, you know, Hillary, even Hillary is

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<v Speaker 2>on to the fact that cryptocurrency, especially bitwin, is a

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<v Speaker 2>threat to the traditional banking model and they're calling it,

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<v Speaker 2>you know, terrorism and all this nonsense. But their reality

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<v Speaker 2>is that they're the central bank terrorists, right, They're the

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<v Speaker 2>ones that are terrorizing the economy and have been for

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<v Speaker 2>a long time. And there a lot of those people

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<v Speaker 2>are Boomer tier. They're Boomer era, which means that they

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<v Speaker 2>don't realize that people can within five to ten minutes

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<v Speaker 2>figure out that the monetary system for centuries is a scam.

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<v Speaker 2>And it's that this is people aren't ready to grapple

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<v Speaker 2>with that reality that for whatever reason, you know, especially people,

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<v Speaker 2>you know, I have a lot of my audience is

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<v Speaker 2>a lot of people probably twenty five and younger, they're

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<v Speaker 2>a lot more hip to being able to figure those

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<v Speaker 2>things out like quicker. So I think that again we're

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<v Speaker 2>kind of at this point where we've the wave has

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<v Speaker 2>sort of crusted and tipped over to where I don't

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<v Speaker 2>think that we're going to see a real shutting down

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<v Speaker 2>a bitcoin or and in the stuff that they were

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<v Speaker 2>threatening in the FUD you know, ten years ago, eight

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<v Speaker 2>years ago, because I think it's really proven itself. And yeah,

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<v Speaker 2>I think that you're right about when we think about

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<v Speaker 2>the projects that for example, Klaus the World Economic Forum

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<v Speaker 2>projects that he recommends, and the blockchain that he recommends

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<v Speaker 2>in his books, you know, it's it's an alternate version

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<v Speaker 2>where we need to be on these centrally controlled things.

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<v Speaker 2>And in the iron is of course that the original

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<v Speaker 2>idea here is to not have a centrally controlled mechanism

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<v Speaker 2>but to have it decentralized. And so I think most

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<v Speaker 2>of those projects and blockchain technologies that Klaus in the

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<v Speaker 2>World Economic Form one everybody shifted over to are the

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<v Speaker 2>ones that are going to be the most threatening. And

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<v Speaker 2>so that's why I think it's central to conservative minded

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<v Speaker 2>people or people who might be deplatformed to begin to

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<v Speaker 2>think about the alternate ways. I mean, we should have

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<v Speaker 2>already been thinking of We should have been on the

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<v Speaker 2>top of this along. I kicked myself for not, you know,

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<v Speaker 2>getting into this stuff earlier. I got into it in

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<v Speaker 2>twenty seventeen. I heard about it in twenty twelve, right,

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<v Speaker 2>and I thought, Oh, it can't be that. But you know,

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<v Speaker 2>the sooner the better, so you know the future that

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<v Speaker 2>we're going into. I read a good article I think

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<v Speaker 2>about six months ago. I don't remember what website it

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<v Speaker 2>was on, but it was basically arguing that actually, you know,

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<v Speaker 2>bitcoin and cryptos might actually be a great heade for

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<v Speaker 2>going into a Great reset, because the Great Reset is

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<v Speaker 2>going to be kind of a global economic attack. I

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<v Speaker 2>made a lot of videos last year talking about how

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<v Speaker 2>I think that's this is really largely I mean, it's

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<v Speaker 2>a lot of things that's to move towards global government

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<v Speaker 2>all that, but it's also an economic attack to centralize wealth,

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<v Speaker 2>to centralize control.

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<v Speaker 1>Uh.

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<v Speaker 2>And so it's it would be wise for people who

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<v Speaker 2>want to hedge and to fight against that, to go

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<v Speaker 2>for the systems and the types of things that fight

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<v Speaker 2>against that. And like you said, it's a philosophical announcement,

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<v Speaker 2>especially you know, bigcoin against that central banking model. That's

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<v Speaker 2>that's precisely what conservatives need to wake up to.

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<v Speaker 1>What are the implications for Bitcoin of the Great Reset?

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<v Speaker 1>And perhaps even what is your view of the Great

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<v Speaker 1>Reset generally? I know you've probably hashed that over many,

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<v Speaker 1>many times.

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<v Speaker 2>Yeah, I've done a lot of podcasts and shows on

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<v Speaker 2>that in the last couple of years. So we did

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<v Speaker 2>several We read and analyzed several of Klaus's books, several

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<v Speaker 2>of the white papers that dealt with the Great Reset.

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<v Speaker 2>And I think that it's part of a long term

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<v Speaker 2>technocratic plan that's been there for one hundred years. When

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<v Speaker 2>people hear technocracy, that's probably what might get some people

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<v Speaker 2>nervous about things like bitcoin or cryptocurrencies. But I think

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<v Speaker 2>that that's it's a you know, there's phases and layers

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<v Speaker 2>of education that we have to go through. And so

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<v Speaker 2>it's not that any of these technologies are inherently bad,

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<v Speaker 2>it's that they can be misused. So the point the

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<v Speaker 2>problem is not blockchain. The problem is not the Internet.

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<v Speaker 2>The problem is not e money, e cash or any

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<v Speaker 2>of this stuff, because we already use this, right, I mean,

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<v Speaker 2>we already use the Internet, we already are banking is

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<v Speaker 2>already more or less electronic when we're using apps to

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00:21:39.599 --> 00:21:44.720
<v Speaker 2>you know, transfer money already just from our fiat bank accounts.

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<v Speaker 2>Uh So, none of those things is inherently the problem.

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<v Speaker 2>The problem is, as you know, when we have shadowy, central, private,

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<v Speaker 2>unaccountable you know, individuals who can manipulate the currency basically.

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<v Speaker 2>At well, I just covered a white paper that was

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<v Speaker 2>kind of in the domain of I guess you could

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<v Speaker 2>say conspiracy for a long time. But I think really

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<v Speaker 2>we've seen vindication of what was written in this white

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<v Speaker 2>paper in nineteen seventy nine. That it's a real document.

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<v Speaker 2>It's called the Silent Weapons for Quiet Wars, and that

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<v Speaker 2>document it's about one hundred pages, but it covers different

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<v Speaker 2>ways that the society can be manipulated through economic warfare.

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<v Speaker 2>And they actually it actually says in the document that

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<v Speaker 2>what people aren't going to understand is that the economy itself,

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<v Speaker 2>the US economy itself, is a weapon, and it's a

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<v Speaker 2>weapon that targets and attacks the society, not necessarily just

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<v Speaker 2>at one point, but over time to rob people of

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<v Speaker 2>their wealth through inflation. Basically, it puts people into a

419
00:22:56.279 --> 00:23:01.640
<v Speaker 2>black hole where you run hamster wheel that powers the

420
00:23:01.640 --> 00:23:06.039
<v Speaker 2>black hole, and the black hole it just always sucks away.

421
00:23:06.400 --> 00:23:10.359
<v Speaker 2>You're in value and your your wealth over time, and

422
00:23:10.359 --> 00:23:12.519
<v Speaker 2>you're the one powering the black hole because you keep

423
00:23:12.839 --> 00:23:15.799
<v Speaker 2>investing in the system. And that was the sort of

424
00:23:15.839 --> 00:23:18.839
<v Speaker 2>amazing thing that I'd never really thought about. I mean,

425
00:23:18.839 --> 00:23:21.160
<v Speaker 2>I knew about you know, IMF and all that World

426
00:23:21.160 --> 00:23:23.839
<v Speaker 2>Bank and Bank for National Settlements because quickly covers that

427
00:23:23.880 --> 00:23:25.680
<v Speaker 2>really in depth, and he talks about how it's kind

428
00:23:25.680 --> 00:23:29.119
<v Speaker 2>of a control mechanism and so we really have to

429
00:23:29.200 --> 00:23:31.440
<v Speaker 2>understand that first. And like you said, Big Quinn is

430
00:23:31.480 --> 00:23:36.799
<v Speaker 2>a philosophical statement against that, and so it's really just

431
00:23:38.799 --> 00:23:41.119
<v Speaker 2>it's it's that's why it's a great hedge against it,

432
00:23:41.160 --> 00:23:45.680
<v Speaker 2>because it represents everything that is what the Great reset

433
00:23:45.880 --> 00:23:51.519
<v Speaker 2>is not, and it's using it's using computers and technology

434
00:23:51.559 --> 00:23:55.119
<v Speaker 2>obviously to fight on the ground of computers and technology.

435
00:23:55.160 --> 00:23:57.519
<v Speaker 2>So we're really I think out of critical venture where

436
00:23:59.240 --> 00:24:02.799
<v Speaker 2>education is because if people don't choose the right forms

437
00:24:02.839 --> 00:24:06.000
<v Speaker 2>of these things, they're going to be co opted into

438
00:24:06.559 --> 00:24:07.599
<v Speaker 2>you know, fed Cooin.

439
00:24:10.039 --> 00:24:13.680
<v Speaker 1>Patrick Burn discusses how he sees and saw bitcoin as

440
00:24:13.680 --> 00:24:17.480
<v Speaker 1>a continuation of Western philosophy of classical liberalism, which he

441
00:24:17.559 --> 00:24:21.680
<v Speaker 1>notes is today most often referred to as libertarianism, but

442
00:24:21.720 --> 00:24:29.319
<v Speaker 1>classical liberalism, to perhaps oversimplify, proceeded, preceded I guess, social liberalism,

443
00:24:29.400 --> 00:24:32.240
<v Speaker 1>which was more of a sixties variety of liberalism, and

444
00:24:32.279 --> 00:24:35.920
<v Speaker 1>then today we have, I suppose, what Noam Chomsky refers

445
00:24:35.920 --> 00:24:44.119
<v Speaker 1>to as neoliberalism, which so is it far cry from

446
00:24:44.279 --> 00:24:47.799
<v Speaker 1>the classical liberalism which really inspired a lot of the Enlightenment,

447
00:24:47.880 --> 00:24:50.519
<v Speaker 1>as well as the founding of the United States and

448
00:24:50.599 --> 00:24:53.640
<v Speaker 1>our Constitution and Bill of Rights. Patrick Byrn knows that

449
00:24:53.680 --> 00:24:56.880
<v Speaker 1>bitcoin is really a con continuation of that, and it's

450
00:24:57.000 --> 00:25:01.240
<v Speaker 1>the acknowledgment of the sovereignty of the individual, the ability

451
00:25:01.240 --> 00:25:03.880
<v Speaker 1>of the individual to make decisions for themselves better than

452
00:25:04.599 --> 00:25:07.839
<v Speaker 1>the few can or some leaders. And could you kind

453
00:25:07.880 --> 00:25:10.799
<v Speaker 1>of speak about the kind of philosophical history of the

454
00:25:10.839 --> 00:25:13.720
<v Speaker 1>individual and then the way in which bitcoin, for instance,

455
00:25:14.119 --> 00:25:17.160
<v Speaker 1>really I guess, empowers the individual.

456
00:25:18.799 --> 00:25:22.000
<v Speaker 2>So I'm maybe a little bit of a anomaly in

457
00:25:22.039 --> 00:25:25.640
<v Speaker 2>this regard because I'm not actually a libertarian, but i

458
00:25:25.680 --> 00:25:28.759
<v Speaker 2>am very much a proponent of bitcoin, because I would

459
00:25:28.799 --> 00:25:32.599
<v Speaker 2>say I'm more of a classical traditional conservative in many ways,

460
00:25:33.119 --> 00:25:37.240
<v Speaker 2>maybe paleocon in a lot of ways, but and I

461
00:25:37.359 --> 00:25:42.000
<v Speaker 2>recognize the libertarian ethos from which bitcoin arises. I recognize

462
00:25:42.039 --> 00:25:47.240
<v Speaker 2>the positive aspects of the history of classical liberalism, but

463
00:25:47.279 --> 00:25:49.559
<v Speaker 2>I'm also very much a critical of classical liberalism, which

464
00:25:49.599 --> 00:25:51.480
<v Speaker 2>you might think is ironic given that I would be

465
00:25:52.200 --> 00:25:54.920
<v Speaker 2>such a proponent of a bitcoin. But what I think

466
00:25:54.960 --> 00:25:57.559
<v Speaker 2>has happened is that we're at a point now where

467
00:25:58.319 --> 00:26:02.039
<v Speaker 2>those things in the past don't even really matter. I mean,

468
00:26:02.079 --> 00:26:05.359
<v Speaker 2>they're interesting to study from a history of ideas perspective,

469
00:26:05.519 --> 00:26:07.880
<v Speaker 2>from a history of the world or history philosophy, and

470
00:26:08.200 --> 00:26:11.720
<v Speaker 2>yes they do relate, but I look at it like, look,

471
00:26:11.759 --> 00:26:15.160
<v Speaker 2>if bitcoin works, and if it is fair, and if

472
00:26:15.200 --> 00:26:18.119
<v Speaker 2>it is just and it's not a debt slave model,

473
00:26:18.160 --> 00:26:23.200
<v Speaker 2>then it's virtuous money. It's actually a monetary system that

474
00:26:23.480 --> 00:26:29.160
<v Speaker 2>is based on facts, truth, logic, math, objectivity, and virtue.

475
00:26:30.119 --> 00:26:33.119
<v Speaker 2>And if that's the case, it doesn't really matter whether

476
00:26:33.160 --> 00:26:35.759
<v Speaker 2>it came from libertarians or even if some Marxists invented it,

477
00:26:35.799 --> 00:26:38.000
<v Speaker 2>which obviously wasn't a Marxist. I don't think a Marxist

478
00:26:38.039 --> 00:26:40.519
<v Speaker 2>could have invented but you know what I'm saying, why

479
00:26:40.559 --> 00:26:42.440
<v Speaker 2>they were at the point where it doesn't matter anymore

480
00:26:42.480 --> 00:26:45.839
<v Speaker 2>about like, oh, you like bitcoin. Then you must be

481
00:26:45.920 --> 00:26:49.200
<v Speaker 2>one of those libertarians, you must be one of those anarchists,

482
00:26:49.240 --> 00:26:52.559
<v Speaker 2>you must be one of those conservatives getting deplatformed who

483
00:26:52.640 --> 00:26:56.000
<v Speaker 2>you know wants to be a pseudo terrorist. None of

484
00:26:56.039 --> 00:26:57.920
<v Speaker 2>those things even matter anymore, And now are at a

485
00:26:58.000 --> 00:27:03.000
<v Speaker 2>stage where it's like we have to adopt some things that,

486
00:27:03.839 --> 00:27:07.680
<v Speaker 2>even just from a pragmatic standpoint, that work. So if

487
00:27:07.680 --> 00:27:10.359
<v Speaker 2>this is better, if this works, that's all the justification

488
00:27:10.400 --> 00:27:16.119
<v Speaker 2>that's really needed. Yeah, I don't have a problem admiring

489
00:27:16.160 --> 00:27:20.240
<v Speaker 2>and admitting the elements of the libertarian free market ethos

490
00:27:20.240 --> 00:27:22.559
<v Speaker 2>that I do respect. But at the same time, I'm

491
00:27:22.599 --> 00:27:24.880
<v Speaker 2>a big critic of neoliberalism. I'm a big critic of

492
00:27:24.920 --> 00:27:27.279
<v Speaker 2>classical liberalism in many ways. That does not mean I'm

493
00:27:27.319 --> 00:27:29.279
<v Speaker 2>a socialist. I'm not at all socialist. I would be

494
00:27:29.279 --> 00:27:32.480
<v Speaker 2>probably more amenable to something like a hop of you.

495
00:27:34.160 --> 00:27:40.079
<v Speaker 2>But yeah, so I just think that just from those perspectives,

496
00:27:40.839 --> 00:27:44.599
<v Speaker 2>when we do understand the reality of central banking, I mean,

497
00:27:44.599 --> 00:27:46.759
<v Speaker 2>who cares if it comes out of a libertary and ethos,

498
00:27:46.799 --> 00:27:48.880
<v Speaker 2>whether you agree with the returners or not. If it's

499
00:27:48.880 --> 00:27:52.720
<v Speaker 2>a better, more virtuous, objective, truth based model, then why

500
00:27:52.720 --> 00:27:55.480
<v Speaker 2>would we not accept that, like.

501
00:27:55.519 --> 00:27:58.839
<v Speaker 3>What would help think of bitcoin?

502
00:28:01.279 --> 00:28:04.359
<v Speaker 2>I don't know. It's a weird question because I find

503
00:28:04.400 --> 00:28:11.359
<v Speaker 2>his defenses of traditional societies like that are monarchical. Maybe

504
00:28:11.920 --> 00:28:14.759
<v Speaker 2>he thinks that's a better model, even that you might

505
00:28:14.839 --> 00:28:19.680
<v Speaker 2>have potentially more economic success in a monarchy than you

506
00:28:19.720 --> 00:28:24.799
<v Speaker 2>could in a democratic republic. So I'm I have very

507
00:28:24.839 --> 00:28:30.559
<v Speaker 2>big critiques of democratic republicanism. I'm speaking of the classical

508
00:28:30.599 --> 00:28:32.720
<v Speaker 2>positions out of the Enlightenment. I'm not talking about the

509
00:28:32.759 --> 00:28:36.079
<v Speaker 2>Republican Party. I'm not talking about today's two party politics.

510
00:28:36.079 --> 00:28:38.440
<v Speaker 2>I'm talking about the ideas out of the French Revolution

511
00:28:38.559 --> 00:28:45.200
<v Speaker 2>and Enlightenment. So I would say, I guess if he

512
00:28:45.319 --> 00:28:53.480
<v Speaker 2>had the belief that a a monarchical hierarchical society that

513
00:28:53.599 --> 00:28:58.720
<v Speaker 2>was also decentralized or localized was a better model than

514
00:28:58.799 --> 00:29:04.640
<v Speaker 2>a gig gigantic US imperial democratic republican model, if you

515
00:29:04.720 --> 00:29:08.079
<v Speaker 2>had something like that, then and if if he argued

516
00:29:08.079 --> 00:29:10.839
<v Speaker 2>that that was the on the basis of like Western

517
00:29:11.799 --> 00:29:16.480
<v Speaker 2>monarchies that had even lower taxation models and principles than

518
00:29:16.839 --> 00:29:19.440
<v Speaker 2>the I R. S and the FED have had, then

519
00:29:19.480 --> 00:29:22.319
<v Speaker 2>he would probably think that bitcoin would make the most

520
00:29:22.359 --> 00:29:27.720
<v Speaker 2>sense that any that that the operations of someone like

521
00:29:27.720 --> 00:29:30.960
<v Speaker 2>like a king going onto a Bitcoin model for his people,

522
00:29:31.000 --> 00:29:33.519
<v Speaker 2>like El Salvador is doing, would probably be something that

523
00:29:33.599 --> 00:29:37.519
<v Speaker 2>Poppa would think was a great idea. But and let

524
00:29:37.559 --> 00:29:40.680
<v Speaker 2>me preface that by saying that that does not mean

525
00:29:40.720 --> 00:29:45.680
<v Speaker 2>I am an advocate for most of today's quote monarchies.

526
00:29:46.319 --> 00:29:52.559
<v Speaker 2>I think they're mostly degenerate, just terrible situations. It's just

527
00:29:52.599 --> 00:29:55.880
<v Speaker 2>my own kind of eccentric opinion that I think monarchy

528
00:29:55.920 --> 00:29:59.559
<v Speaker 2>as a form of government is a better form because

529
00:29:59.559 --> 00:30:01.799
<v Speaker 2>I think high ierarchy is natural to human beings to

530
00:30:01.799 --> 00:30:06.079
<v Speaker 2>have a hierarchy, and that might be kind of at

531
00:30:06.079 --> 00:30:09.640
<v Speaker 2>odds with the sort of libertarian ethos of the individual,

532
00:30:10.079 --> 00:30:13.920
<v Speaker 2>the atomized individual, something I'm leary of. But I think again,

533
00:30:13.960 --> 00:30:17.240
<v Speaker 2>we're at a weird situation where the world is in

534
00:30:17.319 --> 00:30:23.160
<v Speaker 2>such a bizarre place that these idealistic disputes don't matter

535
00:30:23.240 --> 00:30:26.480
<v Speaker 2>as much anymore. And now it's a where situation where

536
00:30:27.039 --> 00:30:30.599
<v Speaker 2>we've got to make the right decisions based on pragmatic things.

537
00:30:30.720 --> 00:30:33.920
<v Speaker 2>And so what's our best options for economic theory. It's

538
00:30:34.000 --> 00:30:37.200
<v Speaker 2>going to be a model like Bitcoin that's hard, that's

539
00:30:37.640 --> 00:30:43.240
<v Speaker 2>not inflatable, that's objective, math based. That's one of our

540
00:30:43.240 --> 00:30:48.720
<v Speaker 2>best options in fighting against the emerging global government, which

541
00:30:48.759 --> 00:30:49.759
<v Speaker 2>is what the great recet is.

542
00:30:51.000 --> 00:30:54.400
<v Speaker 1>You know, there goes back a long time literature about

543
00:30:54.440 --> 00:30:58.000
<v Speaker 1>the world state. Ishu Wells wrote about it. It's not

544
00:30:58.559 --> 00:31:02.839
<v Speaker 1>there is a draw of literature written by many cases

545
00:31:02.920 --> 00:31:06.799
<v Speaker 1>influential individuals throughout the last especially one hundred years, one

546
00:31:06.839 --> 00:31:10.960
<v Speaker 1>hundred fifty years, maybe further back, but there's no shortage

547
00:31:10.960 --> 00:31:15.119
<v Speaker 1>of it between that time range, which essentially posites this

548
00:31:15.200 --> 00:31:19.759
<v Speaker 1>stuff and anybody who wants to think critically can't just

549
00:31:19.799 --> 00:31:22.559
<v Speaker 1>be dispelled by as a bunch of blue needs on

550
00:31:22.640 --> 00:31:25.640
<v Speaker 1>the internet who are saying this stuff. That's not what

551
00:31:25.960 --> 00:31:32.119
<v Speaker 1>this is obviously now libertarianism aside. I'm curious, like, you know,

552
00:31:32.839 --> 00:31:35.960
<v Speaker 1>what's the individual's role bin in history, and like, how's

553
00:31:36.000 --> 00:31:38.920
<v Speaker 1>bitcoin a continuation of that if it is at all

554
00:31:39.039 --> 00:31:42.960
<v Speaker 1>in your opinion, Well, there is.

555
00:31:42.920 --> 00:31:47.599
<v Speaker 2>Some truth to the fact that individuals can be the

556
00:31:49.480 --> 00:31:53.559
<v Speaker 2>driving impetus of a new paradigm or a new idea

557
00:31:54.000 --> 00:31:59.079
<v Speaker 2>or sure, but I also believe that it doesn't happen

558
00:31:59.400 --> 00:32:01.960
<v Speaker 2>just on the base of a sort of Anne Randy

559
00:32:01.960 --> 00:32:03.960
<v Speaker 2>and kind of you know, John gall Figure. I think

560
00:32:03.960 --> 00:32:09.960
<v Speaker 2>there's also we are beings that are also parts of

561
00:32:10.200 --> 00:32:13.119
<v Speaker 2>classes of things. Whether we like it or not. So

562
00:32:13.160 --> 00:32:18.319
<v Speaker 2>for example, as an individual, I do have an individual existence,

563
00:32:18.359 --> 00:32:21.319
<v Speaker 2>but I don't have that existence apart from my connection

564
00:32:21.440 --> 00:32:25.880
<v Speaker 2>to other groups. And that doesn't necessitate that group or

565
00:32:25.960 --> 00:32:30.559
<v Speaker 2>class relations, which I believe are actually ontological metaphysical realities,

566
00:32:30.599 --> 00:32:33.400
<v Speaker 2>it doesn't necessitate that I being oppressed by them, or

567
00:32:33.440 --> 00:32:39.799
<v Speaker 2>that I'm necessarily confined by them. Think for example, about gender.

568
00:32:39.839 --> 00:32:44.039
<v Speaker 2>I mean, I believe gender is connected directly to our biology.

569
00:32:44.119 --> 00:32:46.519
<v Speaker 2>But if I was a radical individual as I might

570
00:32:46.599 --> 00:32:50.720
<v Speaker 2>conclude that I am being oppressed and I'm being And

571
00:32:50.720 --> 00:32:52.319
<v Speaker 2>that's what we hear a lot from the left is

572
00:32:52.359 --> 00:32:57.319
<v Speaker 2>the narrative that any sort of objective reality and classification,

573
00:32:57.480 --> 00:33:01.400
<v Speaker 2>that that sort of binds us or restricts us, is

574
00:33:01.480 --> 00:33:05.240
<v Speaker 2>inherently oppressive, and so therefore they must punish anyone who

575
00:33:05.720 --> 00:33:08.000
<v Speaker 2>restricts them in any way. But I think that some

576
00:33:08.119 --> 00:33:12.440
<v Speaker 2>restrictions are real or natural, they're metaphysical or ontological. They

577
00:33:12.440 --> 00:33:16.720
<v Speaker 2>haven't objected reality to them. So I'm just saying it's

578
00:33:16.759 --> 00:33:19.839
<v Speaker 2>a little for me, it's more nuanced from a philosophical

579
00:33:19.880 --> 00:33:24.599
<v Speaker 2>perspective to realize that it's not in my view that

580
00:33:24.599 --> 00:33:27.839
<v Speaker 2>the struggle of history is not the individual against the state,

581
00:33:28.000 --> 00:33:32.359
<v Speaker 2>or the individual against the collective. There are cases of that,

582
00:33:32.440 --> 00:33:35.160
<v Speaker 2>but I think that's an oversimplification of how the world

583
00:33:35.359 --> 00:33:39.000
<v Speaker 2>is and how we operate in the world. But yes,

584
00:33:39.039 --> 00:33:42.640
<v Speaker 2>there have certainly been many outstanding geniuses who have you know,

585
00:33:42.960 --> 00:33:47.200
<v Speaker 2>propelled society, and I would definitely class you know, bigcoin

586
00:33:47.240 --> 00:33:51.960
<v Speaker 2>as one of those amazing inventions that potentially could change

587
00:33:51.960 --> 00:33:54.960
<v Speaker 2>the world. Comparable to the Internet. I mean you could say, well,

588
00:33:55.000 --> 00:33:57.640
<v Speaker 2>what's it comparable to? Probably to the way that the

589
00:33:57.640 --> 00:34:01.240
<v Speaker 2>Internet has changed the world. You guys shouldnt debate whether

590
00:34:01.240 --> 00:34:03.359
<v Speaker 2>it was good or for evil, for the better or

591
00:34:03.359 --> 00:34:06.480
<v Speaker 2>for the worse. But ultimately, then if we get these

592
00:34:06.599 --> 00:34:11.239
<v Speaker 2>kinds of amazing additional inventions like bitcoin, then maybe the

593
00:34:11.280 --> 00:34:13.280
<v Speaker 2>Internet can be a great thing. It's really up to

594
00:34:13.360 --> 00:34:15.480
<v Speaker 2>us what we do with it. We're either going to

595
00:34:15.679 --> 00:34:19.000
<v Speaker 2>use these technologies for enslavement, We're going to use these

596
00:34:19.079 --> 00:34:22.000
<v Speaker 2>technologies for virtue and for good.

597
00:34:23.480 --> 00:34:26.360
<v Speaker 1>What do we make of Klaus's cyber pandemic and what

598
00:34:26.440 --> 00:34:30.599
<v Speaker 1>are the implications for the I guess our infrastructure generally,

599
00:34:30.599 --> 00:34:32.360
<v Speaker 1>which would include the Internet and bitcoin.

600
00:34:33.480 --> 00:34:37.039
<v Speaker 2>Yeah, I went and I watched and read the paper,

601
00:34:37.199 --> 00:34:39.519
<v Speaker 2>his white paper on that sound a couple a couple

602
00:34:39.519 --> 00:34:42.159
<v Speaker 2>of notes on that if I could remember what all.

603
00:34:43.079 --> 00:34:45.199
<v Speaker 2>It's actually not that long. It's only about a twenty

604
00:34:45.239 --> 00:34:49.639
<v Speaker 2>page thing if you read it, But just to be accurate,

605
00:34:49.679 --> 00:34:51.320
<v Speaker 2>I was gonna try to file my notes here.

606
00:34:51.880 --> 00:34:52.719
<v Speaker 3>Go ahead, take a look.

607
00:34:52.719 --> 00:34:55.440
<v Speaker 1>And for those that don't know, Klaus Schwaba leads the

608
00:34:55.480 --> 00:35:00.159
<v Speaker 1>World Economic Forum. It's I guess based in Devo, if

609
00:35:00.199 --> 00:35:03.119
<v Speaker 1>I'm not mistaken, and entails a lot of the fortune

610
00:35:03.920 --> 00:35:08.719
<v Speaker 1>you know, top fortune, say ten one hundred companies on

611
00:35:08.760 --> 00:35:13.440
<v Speaker 1>the planet. They have published stuff like own Nothing, Be Happy,

612
00:35:13.920 --> 00:35:18.679
<v Speaker 1>which elevates the sharing economy and a context that perhaps

613
00:35:18.840 --> 00:35:22.079
<v Speaker 1>is not what you might think of in terms of

614
00:35:22.119 --> 00:35:25.960
<v Speaker 1>a sharing economy. I more like a I guess a

615
00:35:26.159 --> 00:35:29.239
<v Speaker 1>public utilitarian economy probably seems to be more good.

616
00:35:30.920 --> 00:35:33.280
<v Speaker 3>The feeling. So go ahead. So Klaus Schwab.

617
00:35:33.480 --> 00:35:35.760
<v Speaker 1>He talks about a cyber pandemic that we're gonna have,

618
00:35:35.840 --> 00:35:41.519
<v Speaker 1>like essentially a at least internet wide or even infrastructure

619
00:35:41.519 --> 00:35:43.000
<v Speaker 1>wide power or outages.

620
00:35:44.880 --> 00:35:47.960
<v Speaker 2>Yeah, it calls it a digital pandemic. And the idea

621
00:35:48.039 --> 00:35:50.599
<v Speaker 2>here is that they would run these drills of red

622
00:35:50.639 --> 00:35:53.199
<v Speaker 2>team versus Blue team. Red team being the attack team,

623
00:35:53.239 --> 00:35:56.320
<v Speaker 2>blue team being the defense and it would be a

624
00:35:56.679 --> 00:36:00.519
<v Speaker 2>tax on certain areas of society and of the economy.

625
00:36:00.599 --> 00:36:03.639
<v Speaker 2>And see what would happen in these attacks and how

626
00:36:03.719 --> 00:36:07.800
<v Speaker 2>well they could defend against it. And it's see this

627
00:36:08.039 --> 00:36:11.039
<v Speaker 2>was part of a Rockefeller plan as well. It is

628
00:36:11.199 --> 00:36:15.719
<v Speaker 2>a It included partners such as IBM and i CAN,

629
00:36:15.880 --> 00:36:19.400
<v Speaker 2>which was what Obama had handed over to the UN. Basically,

630
00:36:19.519 --> 00:36:21.239
<v Speaker 2>I guess the control of like the domain names and

631
00:36:21.280 --> 00:36:24.960
<v Speaker 2>that kind of stuff. And the idea was that this

632
00:36:25.000 --> 00:36:28.880
<v Speaker 2>would reduce this would create an entire world changing event,

633
00:36:29.400 --> 00:36:31.440
<v Speaker 2>so the world would never be the same. According to

634
00:36:31.440 --> 00:36:35.920
<v Speaker 2>page twenty one, after this, what they called a cyber

635
00:36:36.039 --> 00:36:41.360
<v Speaker 2>version of the Kufid so to speak, right, So this

636
00:36:41.400 --> 00:36:46.719
<v Speaker 2>would lead to a new implementation rollout of AI. AI

637
00:36:46.800 --> 00:36:49.559
<v Speaker 2>would then be rolled out as supposedly the answer to this,

638
00:36:50.159 --> 00:36:53.800
<v Speaker 2>you know, pandemic this or this collapse. I don't think

639
00:36:53.840 --> 00:36:57.199
<v Speaker 2>that it. I don't think literally it means the collapse

640
00:36:57.199 --> 00:36:59.639
<v Speaker 2>of the entire Internet. I mean, I'm not like an

641
00:36:59.639 --> 00:37:03.119
<v Speaker 2>IT specialist person. I don't think they could do that.

642
00:37:03.199 --> 00:37:06.239
<v Speaker 2>And I think, you know, decentralized networks are really difficult

643
00:37:06.239 --> 00:37:09.480
<v Speaker 2>in that regard, how in terms of shutting everything down.

644
00:37:11.320 --> 00:37:15.599
<v Speaker 2>But the end result is that five G and the

645
00:37:15.639 --> 00:37:17.199
<v Speaker 2>role out of five G would be key, would be

646
00:37:17.280 --> 00:37:20.480
<v Speaker 2>key to the new Internet, as you said, which would

647
00:37:20.480 --> 00:37:22.920
<v Speaker 2>be related to the Internet of Things, and that would

648
00:37:22.960 --> 00:37:26.159
<v Speaker 2>be related to if you don't know whether the Internet

649
00:37:26.199 --> 00:37:28.320
<v Speaker 2>of things is basically everything in the world in a

650
00:37:28.360 --> 00:37:33.800
<v Speaker 2>way being modeled and mimicked in the simulant world in

651
00:37:33.880 --> 00:37:37.440
<v Speaker 2>some way. Thus the tracking and tracing would then potentially

652
00:37:37.480 --> 00:37:40.440
<v Speaker 2>be total, right, so all of the world basically is

653
00:37:40.480 --> 00:37:43.559
<v Speaker 2>the idea is is to be mirrored on the Internet

654
00:37:43.559 --> 00:37:46.159
<v Speaker 2>in real time, so that everything could be tracked and

655
00:37:46.199 --> 00:37:49.239
<v Speaker 2>traced and you could get future predictive you know, algorithms,

656
00:37:49.280 --> 00:37:55.159
<v Speaker 2>all that kind of stuff. I'm trying to My note

657
00:37:55.239 --> 00:38:05.280
<v Speaker 2>is a little messys is all all, oh uh, all

658
00:38:05.440 --> 00:38:08.320
<v Speaker 2>global nation states that are all the global the globe

659
00:38:08.320 --> 00:38:11.519
<v Speaker 2>will adopt this new model, they're saying. And then it

660
00:38:11.559 --> 00:38:15.519
<v Speaker 2>goes on to say that one of the key areas

661
00:38:15.519 --> 00:38:17.760
<v Speaker 2>they would attack, for example, will be hospitals. We would

662
00:38:17.760 --> 00:38:20.000
<v Speaker 2>see the rollout of ransomware. I actually think that the

663
00:38:20.119 --> 00:38:22.519
<v Speaker 2>last year we've already seen kind of this with the

664
00:38:22.559 --> 00:38:25.960
<v Speaker 2>pipelines and this kind of stuff, So I don't think

665
00:38:26.039 --> 00:38:29.199
<v Speaker 2>that this is literally intended to be the entire Internet

666
00:38:29.199 --> 00:38:31.119
<v Speaker 2>shutting off because a lot of people think, oh, why

667
00:38:31.159 --> 00:38:33.880
<v Speaker 2>would I invest in dickcoin when Klaus wants to destroy

668
00:38:33.880 --> 00:38:36.480
<v Speaker 2>the internet. You know, Klasses don't want to destroy the internet.

669
00:38:36.639 --> 00:38:39.280
<v Speaker 2>Klaus is actually rolling out all these cryptos that he

670
00:38:39.360 --> 00:38:42.320
<v Speaker 2>wants you on, and those are the centralized ones that

671
00:38:42.400 --> 00:38:45.199
<v Speaker 2>can be you know, implemented into this tracking and tracing

672
00:38:45.280 --> 00:38:51.000
<v Speaker 2>total control system. It's rather breakdowns and attacks on certain

673
00:38:51.079 --> 00:38:55.000
<v Speaker 2>areas of the economy, like I said, hospitals. And then

674
00:38:55.920 --> 00:38:58.119
<v Speaker 2>they actually this was an interesting element. They actually say

675
00:38:58.199 --> 00:39:04.199
<v Speaker 2>that there would be an attack on anyone who opposed

676
00:39:04.239 --> 00:39:06.480
<v Speaker 2>it or called it out. They would say that they

677
00:39:06.559 --> 00:39:13.559
<v Speaker 2>are cyber terrorists. So if you question the narrative within

678
00:39:13.760 --> 00:39:17.519
<v Speaker 2>the cyber Polygon exercise, they say that those questioning the

679
00:39:17.599 --> 00:39:21.159
<v Speaker 2>narratives are thus aiding the cyber criminals, when, of course

680
00:39:21.199 --> 00:39:24.519
<v Speaker 2>we know from this document the cyber criminals are the

681
00:39:24.559 --> 00:39:27.599
<v Speaker 2>people running cyber Polygon. They're the one is Klaus wearing

682
00:39:27.599 --> 00:39:31.079
<v Speaker 2>his hoodie hacking, you know, bent over his computer hacking,

683
00:39:31.840 --> 00:39:36.639
<v Speaker 2>not literally Klaus himself, but the people underneath him, you

684
00:39:36.679 --> 00:39:41.519
<v Speaker 2>could say. And so basically it leads to one of

685
00:39:41.559 --> 00:39:45.119
<v Speaker 2>the advantages of this is the shutdown of all alternative media,

686
00:39:45.199 --> 00:39:48.320
<v Speaker 2>because they will say that anyone in alternative media questioning

687
00:39:48.360 --> 00:39:53.920
<v Speaker 2>the narrative of the attacks will be framed as cyber terrorists.

688
00:39:53.960 --> 00:39:58.360
<v Speaker 2>They will all be shut down and then ultimately it

689
00:39:58.440 --> 00:40:01.239
<v Speaker 2>even now this is my own speculation. If you've read

690
00:40:01.280 --> 00:40:05.320
<v Speaker 2>about promis and backdoor technology, my speculation is that a

691
00:40:05.360 --> 00:40:10.320
<v Speaker 2>lot of these infrastructure programs and places already have back doors,

692
00:40:10.920 --> 00:40:15.280
<v Speaker 2>so it's already they can easily cause these problems through

693
00:40:15.280 --> 00:40:18.360
<v Speaker 2>the back doors as they so choose. So it is

694
00:40:18.400 --> 00:40:22.119
<v Speaker 2>not actually Russia, China or foreign enemies that are doing this,

695
00:40:22.239 --> 00:40:28.000
<v Speaker 2>there's actually the people hired into this operation that will

696
00:40:28.000 --> 00:40:31.559
<v Speaker 2>be doing these these I guess you could, for lack

697
00:40:31.559 --> 00:40:34.039
<v Speaker 2>of a better time, false flag attacks basically is what

698
00:40:34.079 --> 00:40:34.599
<v Speaker 2>it would.

699
00:40:34.400 --> 00:40:37.280
<v Speaker 3>Be and kind of down the hierarchy.

700
00:40:37.320 --> 00:40:39.199
<v Speaker 1>I think it'll play out, and it has played out

701
00:40:39.320 --> 00:40:42.440
<v Speaker 1>very much like the Milgrim experiment. So you'll have like

702
00:40:42.519 --> 00:40:45.119
<v Speaker 1>people who are dependent on the Internet, like the ISPs, right,

703
00:40:45.119 --> 00:40:47.400
<v Speaker 1>they need to open out the internet really, but yet

704
00:40:47.440 --> 00:40:50.159
<v Speaker 1>they'll shoot themselves in the foot and pull yank websites,

705
00:40:50.239 --> 00:40:55.159
<v Speaker 1>perhaps with enough pressure on them, so now I can

706
00:40:55.280 --> 00:40:58.239
<v Speaker 1>That was an interesting moment in time when Obama did

707
00:40:58.320 --> 00:41:05.039
<v Speaker 1>see control of I can over to international organizations. So

708
00:41:05.519 --> 00:41:07.679
<v Speaker 1>your read on this is that they will basically like

709
00:41:07.800 --> 00:41:10.559
<v Speaker 1>YANK at the domain level websites.

710
00:41:10.920 --> 00:41:13.960
<v Speaker 2>Well, I don't think it says that explicitly. I think

711
00:41:13.960 --> 00:41:18.440
<v Speaker 2>it's implied because it does mention. It just mentions the

712
00:41:18.480 --> 00:41:23.159
<v Speaker 2>partners in the cyber Polygon event, and the partners included

713
00:41:23.239 --> 00:41:29.079
<v Speaker 2>IBM and I CAN so they at some level will

714
00:41:29.119 --> 00:41:32.840
<v Speaker 2>be involved or are aware of this exercise And the

715
00:41:32.880 --> 00:41:34.920
<v Speaker 2>reason we pay attention to the exercise is just like

716
00:41:35.000 --> 00:41:38.119
<v Speaker 2>when it came to the twenty twenty events, we had

717
00:41:38.519 --> 00:41:43.760
<v Speaker 2>multiple previous exercises that match in many ways perfectly with

718
00:41:44.280 --> 00:41:47.039
<v Speaker 2>what happened in twenty twenty and even now with the

719
00:41:47.079 --> 00:41:50.760
<v Speaker 2>Spars document. But we had Clayde actually had Dark Winter,

720
00:41:51.000 --> 00:41:53.760
<v Speaker 2>we have Crimson Coctasian, we have Spars, we have Event

721
00:41:53.800 --> 00:41:57.639
<v Speaker 2>to A one, and so those were all exercises and

722
00:41:57.719 --> 00:42:00.679
<v Speaker 2>plans that really sort of set the stage what happened

723
00:42:00.679 --> 00:42:03.840
<v Speaker 2>in twenty twenty twenty twenty one. And so that's why

724
00:42:03.840 --> 00:42:06.360
<v Speaker 2>when we pay attention to something like cyber Polygon, we're

725
00:42:06.400 --> 00:42:09.159
<v Speaker 2>watching because we think that that's a potential card they

726
00:42:09.199 --> 00:42:12.239
<v Speaker 2>could play in the future. So, yeah, I don't know

727
00:42:12.320 --> 00:42:15.079
<v Speaker 2>exactly to what degree I can would be involved, but

728
00:42:15.159 --> 00:42:19.440
<v Speaker 2>it does look like they're you know, involved in this

729
00:42:19.480 --> 00:42:23.199
<v Speaker 2>to some degree. And to your comment too about sort

730
00:42:23.239 --> 00:42:28.199
<v Speaker 2>of collectivism, socialism, Marxism, communism, I think that Klaus and

731
00:42:28.239 --> 00:42:32.079
<v Speaker 2>these people, you know, they're very open about for the masses,

732
00:42:33.079 --> 00:42:36.000
<v Speaker 2>that's what they want. They want the masses to essentially

733
00:42:36.039 --> 00:42:40.320
<v Speaker 2>be in a collectivist socialist communists, sharing economy, circular economy.

734
00:42:40.639 --> 00:42:43.239
<v Speaker 2>These are all the words they use for that model

735
00:42:43.280 --> 00:42:45.960
<v Speaker 2>they want to bring in, and it is just really basic,

736
00:42:46.199 --> 00:42:50.559
<v Speaker 2>basic bitch socialism Marxism. But it's a corporate sponsored and

737
00:42:50.599 --> 00:42:53.679
<v Speaker 2>funded Marxism, which is the kind of the bizarre twist

738
00:42:53.760 --> 00:42:55.519
<v Speaker 2>in this that a lot of people have a hard

739
00:42:55.559 --> 00:42:59.159
<v Speaker 2>time with. Well, why would corporate elites banking at least,

740
00:42:59.199 --> 00:43:01.079
<v Speaker 2>why would they want Well, well, that's actually the whole

741
00:43:01.119 --> 00:43:03.920
<v Speaker 2>history of Marxism socialism is that it's a banking funded thing.

742
00:43:04.039 --> 00:43:07.199
<v Speaker 2>It always has been, especially when you go into who

743
00:43:07.239 --> 00:43:11.239
<v Speaker 2>funded marx right, wealthy stock owners or why would well, Well,

744
00:43:11.280 --> 00:43:14.639
<v Speaker 2>because it's a system of weapons and control. It's an

745
00:43:14.679 --> 00:43:17.519
<v Speaker 2>economic weapon. It's not a system of liberation and freedom,

746
00:43:18.760 --> 00:43:22.119
<v Speaker 2>and so it's it's a tool. It's a mechanism of warfare,

747
00:43:22.239 --> 00:43:25.320
<v Speaker 2>is what Marxism and socialism are. And so just like

748
00:43:25.400 --> 00:43:30.199
<v Speaker 2>the Silent Weapons document, you might think, you know, if

749
00:43:30.239 --> 00:43:32.920
<v Speaker 2>you're a John Bircher reading that forty fifty years ago, oh,

750
00:43:32.960 --> 00:43:38.239
<v Speaker 2>this is Marxism communism. Not exactly, it's Marxism communism by

751
00:43:38.480 --> 00:43:42.159
<v Speaker 2>a fortune one hundred cabal, by a you know, top

752
00:43:42.760 --> 00:43:46.039
<v Speaker 2>banking elite cabal. That's what it is now. So for

753
00:43:46.119 --> 00:43:49.760
<v Speaker 2>the masses, it's socialism communism, and for the elite it's

754
00:43:49.800 --> 00:43:52.360
<v Speaker 2>a tier of kind of exemption from all of that

755
00:43:52.400 --> 00:43:53.760
<v Speaker 2>and basically just THEFT.

756
00:43:55.760 --> 00:43:59.000
<v Speaker 1>I guess, wonder what is the system after a process

757
00:43:59.000 --> 00:44:00.360
<v Speaker 1>of monopoly plays out?

758
00:44:00.480 --> 00:44:01.480
<v Speaker 3>And whymar republic.

759
00:44:01.480 --> 00:44:03.599
<v Speaker 1>I remember we were reading that it was pretty much

760
00:44:03.639 --> 00:44:06.280
<v Speaker 1>like a cartel run society, and I think that's very

761
00:44:06.360 --> 00:44:07.679
<v Speaker 1>much where we find ourselves today.

762
00:44:07.719 --> 00:44:09.320
<v Speaker 3>It's like a cartel run world.

763
00:44:10.079 --> 00:44:15.360
<v Speaker 1>So now there are projects on the decentralized Internet front.

764
00:44:15.360 --> 00:44:18.280
<v Speaker 1>They're trying to create a new Internet that won't have

765
00:44:18.360 --> 00:44:24.320
<v Speaker 1>these potential security issues. So one project that is doing

766
00:44:24.320 --> 00:44:28.280
<v Speaker 1>that is stacks formerly blockstack. So they're trying to create

767
00:44:28.280 --> 00:44:32.280
<v Speaker 1>a decentralized Internet on the bitcoin blockchain. They think the

768
00:44:32.280 --> 00:44:35.519
<v Speaker 1>bitcoin blockchain is something that can be built on in

769
00:44:35.559 --> 00:44:38.360
<v Speaker 1>a lot of the same ways that the other blockchains

770
00:44:38.360 --> 00:44:41.920
<v Speaker 1>are being built upon, like Ethereum and the smart contract platform.

771
00:44:42.079 --> 00:44:46.000
<v Speaker 1>The bitcoiners are arguing on the engineering front that because

772
00:44:46.039 --> 00:44:49.280
<v Speaker 1>Bitcoin forces this to be built out in a modular manner,

773
00:44:49.320 --> 00:44:51.400
<v Speaker 1>so you have to build it layer by layer, that

774
00:44:51.400 --> 00:44:55.480
<v Speaker 1>that is a form of I guess hyperfrigility if you will,

775
00:44:55.760 --> 00:45:01.599
<v Speaker 1>or it is a more sound engineering framework then just

776
00:45:01.639 --> 00:45:04.960
<v Speaker 1>trying to stuff everything into an S two for instance.

777
00:45:04.960 --> 00:45:07.679
<v Speaker 1>So that's the argument of like those that are making Lightning,

778
00:45:08.000 --> 00:45:10.360
<v Speaker 1>those that are working on RSK, which is a bitcoin

779
00:45:10.400 --> 00:45:11.760
<v Speaker 1>smart contracting platform.

780
00:45:12.000 --> 00:45:13.400
<v Speaker 3>And then I suppose that's also.

781
00:45:13.159 --> 00:45:16.639
<v Speaker 1>The argument of, like, for instance, we need ali of

782
00:45:16.920 --> 00:45:22.119
<v Speaker 1>blockstack or stacks. Now they they're you're they're creating NFTs

783
00:45:22.119 --> 00:45:24.960
<v Speaker 1>all the bitcoin blockchain now on that front, so there

784
00:45:25.079 --> 00:45:29.039
<v Speaker 1>is some work on a decentralized Internet. And then I

785
00:45:29.079 --> 00:45:33.119
<v Speaker 1>wrote back in twenty thirteen in an article called the

786
00:45:33.159 --> 00:45:37.480
<v Speaker 1>Internet is down the Bitcoin Uh, the Internet is down?

787
00:45:37.519 --> 00:45:42.079
<v Speaker 3>Bitcoin over no, And so yes.

788
00:45:41.920 --> 00:45:43.199
<v Speaker 2>This is what I'm glad we're going to go to that.

789
00:45:43.719 --> 00:45:45.639
<v Speaker 2>I wanted to touch it because the number one, number

790
00:45:45.679 --> 00:45:48.400
<v Speaker 2>one thing everybody says as well, if the Internet is down,

791
00:45:48.440 --> 00:45:50.800
<v Speaker 2>you lose all your bigcoin bitcoins destroyed, which is a

792
00:45:50.880 --> 00:45:53.519
<v Speaker 2>huge misunderstanding that. No, it's not that.

793
00:45:53.719 --> 00:45:54.559
<v Speaker 3>So let's get into that.

794
00:45:54.599 --> 00:45:57.880
<v Speaker 1>I write in this piece I cover how people could

795
00:45:57.920 --> 00:46:03.480
<v Speaker 1>theoretically create networks using wireless routers, PCs, laptops, and ultramobile

796
00:46:03.519 --> 00:46:06.920
<v Speaker 1>devices like head cell phones, which have the capacity to

797
00:46:07.119 --> 00:46:10.320
<v Speaker 1>become part of an ad hoc network whereby all network

798
00:46:10.400 --> 00:46:13.400
<v Speaker 1>devices transmit the data of the network. These networks can

799
00:46:13.440 --> 00:46:15.559
<v Speaker 1>become very big and are not difficult to set up,

800
00:46:15.599 --> 00:46:18.360
<v Speaker 1>apparently for some I imagine probably be pretty difficult for

801
00:46:18.400 --> 00:46:21.760
<v Speaker 1>me to set up. So I wrote this a long

802
00:46:21.800 --> 00:46:24.400
<v Speaker 1>time ago. The tech savy can use such a network

803
00:46:24.400 --> 00:46:27.159
<v Speaker 1>to host temporary websites and chatrooms. Apple computers have an

804
00:46:27.159 --> 00:46:29.440
<v Speaker 1>easy to use functionality built in which includes the pre

805
00:46:29.480 --> 00:46:32.840
<v Speaker 1>installed iChat which will automatically run an ad hoc rendezvut

806
00:46:32.880 --> 00:46:34.960
<v Speaker 1>chat room among anybody on the network.

807
00:46:35.039 --> 00:46:35.440
<v Speaker 3>It's me.

808
00:46:35.719 --> 00:46:40.159
<v Speaker 1>So now many would argue, well, these hardware is a problem,

809
00:46:40.199 --> 00:46:42.599
<v Speaker 1>and that is and I know that there is a

810
00:46:42.760 --> 00:46:46.280
<v Speaker 1>gentleman working on a company that's already live.

811
00:46:46.360 --> 00:46:48.280
<v Speaker 3>You can buy the products now. It's called purism.

812
00:46:48.760 --> 00:46:52.880
<v Speaker 1>I think it's like pur dot ism, purism laptops, and

813
00:46:53.159 --> 00:46:56.760
<v Speaker 1>he's creating an alternative to these major companies that essentially

814
00:46:56.800 --> 00:47:01.159
<v Speaker 1>have a quasi monopoly on the hardware. Theoretically, then we

815
00:47:01.239 --> 00:47:04.199
<v Speaker 1>got this ad hoc network of ideally these like Purism

816
00:47:04.679 --> 00:47:10.079
<v Speaker 1>or you know, uh, we'll call them like boutique hardware manufacturers.

817
00:47:11.280 --> 00:47:14.320
<v Speaker 1>You can also build large bridge wireless networks with wireless

818
00:47:14.320 --> 00:47:18.440
<v Speaker 1>access point devices such as link C's wireless bridge networks

819
00:47:18.440 --> 00:47:21.440
<v Speaker 1>can effectively create a local area network or a private

820
00:47:21.480 --> 00:47:24.519
<v Speaker 1>Internet for all users within a range. Most access points

821
00:47:24.559 --> 00:47:26.920
<v Speaker 1>will cover a one hundred meter area. And if your

822
00:47:26.920 --> 00:47:30.920
<v Speaker 1>wireless device is built to support this wireless standard, I

823
00:47:30.920 --> 00:47:33.400
<v Speaker 1>guess it's the AO two point one point one end

824
00:47:33.440 --> 00:47:35.840
<v Speaker 1>wireless standard. Do you enjoy nearly a five hundred meter

825
00:47:35.960 --> 00:47:39.719
<v Speaker 1>coverage area for each access point for instance? And I

826
00:47:39.719 --> 00:47:42.440
<v Speaker 1>guess you can even use Nintendo DS supports Wi Fi

827
00:47:42.480 --> 00:47:45.599
<v Speaker 1>and its own wireless protocols, So there are options. And

828
00:47:45.639 --> 00:47:47.320
<v Speaker 1>you want to mention that if the Internet goes down,

829
00:47:47.320 --> 00:47:49.559
<v Speaker 1>then your bitcoin also are not destroyed.

830
00:47:50.400 --> 00:47:53.880
<v Speaker 2>Yeah, well that's just because it's such a common mistake

831
00:47:53.920 --> 00:47:57.199
<v Speaker 2>in bizarre objection. I mean, I guess it depends on

832
00:47:57.239 --> 00:48:00.960
<v Speaker 2>where you have your bitcoin conceivably, but I mean, I

833
00:48:01.000 --> 00:48:03.960
<v Speaker 2>don't you know, I would never I would store on

834
00:48:04.400 --> 00:48:07.360
<v Speaker 2>you know, cold storage, hardwallet. That's that's what I do.

835
00:48:08.519 --> 00:48:13.079
<v Speaker 2>So you know, unless the device is destroyed or hacked,

836
00:48:13.119 --> 00:48:15.280
<v Speaker 2>I mean, no, you're not going to lose your bitcoin.

837
00:48:15.360 --> 00:48:19.360
<v Speaker 2>And you know that. And I'm not an IT tech person,

838
00:48:19.440 --> 00:48:22.599
<v Speaker 2>but you know, my basic understanding of the network is

839
00:48:22.639 --> 00:48:25.400
<v Speaker 2>that you know, the bitcoin network is distributed amongst ten

840
00:48:25.440 --> 00:48:30.559
<v Speaker 2>thousand different nodes. Some of those nodes are house the

841
00:48:30.599 --> 00:48:34.519
<v Speaker 2>public ledger. So unless every node is destroyed like that,

842
00:48:34.840 --> 00:48:38.239
<v Speaker 2>there's which is very unrealistic, very unlikely, And if that

843
00:48:38.360 --> 00:48:41.320
<v Speaker 2>does happen, then there's much bigger problems in the world anyway.

844
00:48:41.320 --> 00:48:43.519
<v Speaker 2>I mean, if that happens, you're not going to be

845
00:48:43.559 --> 00:48:47.320
<v Speaker 2>able to access your FIAT bank either, you know what

846
00:48:47.320 --> 00:48:48.679
<v Speaker 2>I mean, You're not gonna be able to use your

847
00:48:48.719 --> 00:48:53.239
<v Speaker 2>banking app if the whole Internet goes down. So you know, yes,

848
00:48:53.280 --> 00:48:56.159
<v Speaker 2>in that case, the gold or silver, if there was

849
00:48:56.199 --> 00:48:58.800
<v Speaker 2>a you know, a terrible event like that, those would

850
00:48:58.840 --> 00:49:03.880
<v Speaker 2>be the most logical means to go to next. So

851
00:49:04.519 --> 00:49:07.599
<v Speaker 2>you know, that's why I don't believe in only having

852
00:49:07.599 --> 00:49:09.400
<v Speaker 2>one thing. I don't. I don't know why people think

853
00:49:09.440 --> 00:49:12.119
<v Speaker 2>that you can't have bitcoin and gold and silver. That's

854
00:49:12.480 --> 00:49:15.800
<v Speaker 2>another mistake that people make because like, like if you

855
00:49:15.880 --> 00:49:18.119
<v Speaker 2>say that bitcoin is even in my view it is

856
00:49:18.360 --> 00:49:21.360
<v Speaker 2>a superior way of doing things than even gold, that

857
00:49:21.360 --> 00:49:24.719
<v Speaker 2>doesn't mean gold's bad. You have, you know, multiple ways

858
00:49:24.800 --> 00:49:30.519
<v Speaker 2>to hedge against multiple bad scenarios. So yeah, if things

859
00:49:30.519 --> 00:49:32.239
<v Speaker 2>get really bad, then yeah, we would want to have

860
00:49:32.280 --> 00:49:34.400
<v Speaker 2>gold and silver. We want to have assets, We want

861
00:49:34.400 --> 00:49:37.440
<v Speaker 2>to have things that are not even necessarily connected to

862
00:49:37.480 --> 00:49:39.519
<v Speaker 2>the Internet or relate to the Internet. But that's a

863
00:49:39.599 --> 00:49:42.719
<v Speaker 2>very unlikely scenario that the whole Internet goes away, or

864
00:49:42.719 --> 00:49:46.239
<v Speaker 2>that all the blockchain computers are destroyed. It's just very unlikely.

865
00:49:46.360 --> 00:49:49.199
<v Speaker 2>So yeah, I don't think we have to worry about that.

866
00:49:49.440 --> 00:49:53.480
<v Speaker 2>And in regard to that, it just matters where people

867
00:49:54.280 --> 00:49:57.880
<v Speaker 2>are storing their bitcoin, which you know, I would definitely say,

868
00:49:58.239 --> 00:50:01.000
<v Speaker 2>you know, use a hard wallet in that red m.

869
00:50:01.119 --> 00:50:03.760
<v Speaker 1>Hm, because some of the scenarios that you were outlining,

870
00:50:03.840 --> 00:50:06.800
<v Speaker 1>really you could argue that a coinbase or a Kraken

871
00:50:06.880 --> 00:50:11.360
<v Speaker 1>or some of these other centralized exchanges are a betting terrorists,

872
00:50:11.400 --> 00:50:13.400
<v Speaker 1>cyber terrorists, and therefore we're gonna have.

873
00:50:13.360 --> 00:50:16.280
<v Speaker 3>To shut them down and confiscate everything.

874
00:50:17.280 --> 00:50:22.000
<v Speaker 1>So now, what gave you confidence that bitcoin is a

875
00:50:22.039 --> 00:50:25.320
<v Speaker 1>product of the free market or of just spontaneous order

876
00:50:25.559 --> 00:50:29.360
<v Speaker 1>or of some of a god given gift as opposed

877
00:50:29.360 --> 00:50:33.400
<v Speaker 1>to like a honeypot or an intelligence operation. Of course,

878
00:50:33.400 --> 00:50:36.880
<v Speaker 1>there's stories of Gavin and Dreesen and early bitcoin developer

879
00:50:36.960 --> 00:50:40.000
<v Speaker 1>visiting the CIA to explain to them what bitcoin was

880
00:50:40.039 --> 00:50:43.360
<v Speaker 1>all about. Shortly there after, Satoshi leaves the project, and

881
00:50:43.440 --> 00:50:47.559
<v Speaker 1>then there's been a long standing rumor that the NSA

882
00:50:47.679 --> 00:50:50.239
<v Speaker 1>created Bitcoin, and I know a lot of the American

883
00:50:50.280 --> 00:50:55.440
<v Speaker 1>conservatives automatically say that it's like it's probably got some

884
00:50:55.559 --> 00:50:57.559
<v Speaker 1>nefarious back story.

885
00:50:57.880 --> 00:50:59.960
<v Speaker 3>So what gave you the confidence that this isn't the case?

886
00:51:01.519 --> 00:51:03.760
<v Speaker 2>Great question. So when I first heard about bitcoin, that

887
00:51:03.880 --> 00:51:06.440
<v Speaker 2>was kind of my default was just to assume that

888
00:51:06.760 --> 00:51:10.599
<v Speaker 2>anything like that has to be inherently bad or evil.

889
00:51:10.960 --> 00:51:13.239
<v Speaker 2>And I didn't even wrote a blog piece maybe in

890
00:51:13.280 --> 00:51:16.239
<v Speaker 2>twenty thirteen or fourteen saying that like I didn't know

891
00:51:16.280 --> 00:51:17.960
<v Speaker 2>anything about it. Really about was just like I would

892
00:51:17.960 --> 00:51:19.800
<v Speaker 2>be weary of this, This is, you know, some kind

893
00:51:19.840 --> 00:51:23.800
<v Speaker 2>of a trick. And that was because at that time,

894
00:51:25.480 --> 00:51:28.519
<v Speaker 2>you know, it was right around you know, Obama had

895
00:51:28.519 --> 00:51:31.039
<v Speaker 2>been in for a year, and I think everybody's expectations

896
00:51:31.079 --> 00:51:34.280
<v Speaker 2>about the economy in general were pretty bad with Obama

897
00:51:36.079 --> 00:51:39.280
<v Speaker 2>and then I think that you know that we'd had

898
00:51:39.320 --> 00:51:42.159
<v Speaker 2>the collapse housing collapse in two thousand and eight and nine,

899
00:51:42.199 --> 00:51:47.480
<v Speaker 2>and so everybody there was just a very dismal outlook.

900
00:51:47.920 --> 00:51:50.519
<v Speaker 2>You know, the public confidence was very dismal in terms

901
00:51:50.519 --> 00:51:55.480
<v Speaker 2>of the economy during the Obama administration. So all of

902
00:51:55.519 --> 00:51:58.920
<v Speaker 2>those things probably affected why I was just very reticent initially,

903
00:51:59.320 --> 00:52:01.039
<v Speaker 2>and I just didn't know what I was talking about.

904
00:52:01.119 --> 00:52:05.320
<v Speaker 2>And over time, what did I hear. I don't know

905
00:52:05.320 --> 00:52:07.400
<v Speaker 2>that I even heard one specific thing, but I remember

906
00:52:07.480 --> 00:52:10.760
<v Speaker 2>in twenty seventeen, when I noticed bitcoin going up, I

907
00:52:10.800 --> 00:52:13.599
<v Speaker 2>was like, well, you know, why is it going up

908
00:52:13.679 --> 00:52:16.599
<v Speaker 2>if it's you know, this this big scam, and you know,

909
00:52:16.639 --> 00:52:18.480
<v Speaker 2>are they just pumping at the dump it? And I

910
00:52:18.519 --> 00:52:21.480
<v Speaker 2>remember all of the news at that time was really

911
00:52:21.519 --> 00:52:25.079
<v Speaker 2>just hammering away at it. So my first suspicion that

912
00:52:25.159 --> 00:52:27.840
<v Speaker 2>maybe this isn't that bad is well, if the system

913
00:52:27.920 --> 00:52:30.760
<v Speaker 2>is constantly attacking it, trying to destroy it, constantly talking

914
00:52:30.760 --> 00:52:33.320
<v Speaker 2>about how much of a scam it is, I know,

915
00:52:33.400 --> 00:52:37.360
<v Speaker 2>the system is constantly lying, well, why why would they

916
00:52:37.440 --> 00:52:41.639
<v Speaker 2>be saying that? So if the news is just blowney

917
00:52:42.039 --> 00:52:45.920
<v Speaker 2>and the central banks hate bitcoin, why, I mean, is

918
00:52:45.960 --> 00:52:49.440
<v Speaker 2>this a long scheme of oh, they're really attacking bitcoin

919
00:52:49.480 --> 00:52:51.480
<v Speaker 2>because they want you to get bitcoin, so and so

920
00:52:51.840 --> 00:52:54.920
<v Speaker 2>that I just started doubting that approach, that it wasn't

921
00:52:54.960 --> 00:52:58.599
<v Speaker 2>that wasn't very likely and very tenable. Yes, maybe they

922
00:52:58.639 --> 00:53:01.760
<v Speaker 2>could be playing a sixty six degree chess game where

923
00:53:01.760 --> 00:53:03.280
<v Speaker 2>they want you to buy a bitcoins so they can

924
00:53:03.320 --> 00:53:06.559
<v Speaker 2>destroy it down the road. But it just didn't make

925
00:53:06.599 --> 00:53:09.039
<v Speaker 2>sense because the more I would hear you know, these

926
00:53:09.039 --> 00:53:13.559
<v Speaker 2>boomer Charlie Mungers and Dan Pena or whatever his name is,

927
00:53:13.679 --> 00:53:17.199
<v Speaker 2>and Warren Buffett, when I would hear them attack it,

928
00:53:17.280 --> 00:53:19.719
<v Speaker 2>I would hear them saying stuff that made no sense.

929
00:53:19.760 --> 00:53:21.719
<v Speaker 2>Say and no, they didn't know what they were talking about.

930
00:53:21.960 --> 00:53:24.199
<v Speaker 2>So more I would learn about bitcoin, the more, well,

931
00:53:24.199 --> 00:53:26.480
<v Speaker 2>they don't know what they're talking why that doesn't make sense.

932
00:53:26.519 --> 00:53:29.159
<v Speaker 2>It's a stupid it's a bad argument. And as a philosopher,

933
00:53:29.159 --> 00:53:31.800
<v Speaker 2>I try to recognize bad arguments. That's what we do,

934
00:53:31.920 --> 00:53:34.480
<v Speaker 2>is look for fallacies. And so I would just notice

935
00:53:34.480 --> 00:53:38.480
<v Speaker 2>more and more bad argumentation, bad reasons. And then I

936
00:53:38.679 --> 00:53:41.280
<v Speaker 2>listened to Max for many, many years, even when I

937
00:53:41.280 --> 00:53:43.440
<v Speaker 2>was skeptical a bitcoin, I hear I heard him talking

938
00:53:43.440 --> 00:53:45.400
<v Speaker 2>about it way early on when it was like a dollar.

939
00:53:46.239 --> 00:53:48.480
<v Speaker 2>I was still listening to Max's show all the time,

940
00:53:48.559 --> 00:53:52.280
<v Speaker 2>and I knew his you know, take on central banking,

941
00:53:52.360 --> 00:53:56.559
<v Speaker 2>and I remember in twenty fourteen or fifteen, I went

942
00:53:56.639 --> 00:54:01.199
<v Speaker 2>through about maybe one hundred episodes of Max's shows, and

943
00:54:01.199 --> 00:54:04.079
<v Speaker 2>I would take notes to try to learn more about economics.

944
00:54:04.079 --> 00:54:06.280
<v Speaker 2>I went and I listened to hours and hours of

945
00:54:06.880 --> 00:54:10.079
<v Speaker 2>Peter Schiff's podcast. I would listen to his lectures taking notes,

946
00:54:10.119 --> 00:54:12.880
<v Speaker 2>and so I just really wanted to learn more about economics,

947
00:54:12.920 --> 00:54:15.000
<v Speaker 2>and the more I heard from Max, I just felt

948
00:54:15.039 --> 00:54:17.559
<v Speaker 2>like he had a much better argument, a better case

949
00:54:18.119 --> 00:54:20.000
<v Speaker 2>for a bitcoin as opposed to the things I was

950
00:54:20.039 --> 00:54:23.199
<v Speaker 2>hearing from critics like Peter Schiff, who I still liked

951
00:54:23.199 --> 00:54:26.239
<v Speaker 2>on gold and stuff. But I read Peter Shifts books

952
00:54:26.280 --> 00:54:28.719
<v Speaker 2>over the years too, and I just felt like Max

953
00:54:28.760 --> 00:54:32.039
<v Speaker 2>had better augmentation. As a philosopher, I could judge who

954
00:54:32.039 --> 00:54:36.400
<v Speaker 2>had the better argument, who had a more logical presentation overall,

955
00:54:36.920 --> 00:54:40.920
<v Speaker 2>And so eventually I just got into it. In terms

956
00:54:40.960 --> 00:54:44.079
<v Speaker 2>of it from an investing perspective, I wasn't really that

957
00:54:44.199 --> 00:54:47.880
<v Speaker 2>philosophically invested. I was just interested in how can I

958
00:54:48.039 --> 00:54:50.480
<v Speaker 2>put the money that I'm making into something that's not

959
00:54:50.519 --> 00:54:54.280
<v Speaker 2>going to lose value through inflation, you know, crazy inflation

960
00:54:54.519 --> 00:54:57.159
<v Speaker 2>over a year or over two years, And so it

961
00:54:57.239 --> 00:55:02.079
<v Speaker 2>was just purely pragmatically motivated. In twenty seven. I got

962
00:55:02.079 --> 00:55:04.519
<v Speaker 2>scared again when we had the crash in twenty seventeen

963
00:55:04.599 --> 00:55:07.800
<v Speaker 2>from nineteen thousand down to three or whatever it was eventually,

964
00:55:08.719 --> 00:55:11.079
<v Speaker 2>and so but I was still very ignorant. I didn't

965
00:55:11.079 --> 00:55:13.039
<v Speaker 2>know much about it, what it was while we were

966
00:55:13.079 --> 00:55:16.039
<v Speaker 2>doing this, and then over time I would kind of,

967
00:55:16.039 --> 00:55:17.679
<v Speaker 2>you know, buy a little more and kind of play

968
00:55:17.719 --> 00:55:20.880
<v Speaker 2>around and experimenting with trading a little bit here and

969
00:55:20.920 --> 00:55:23.719
<v Speaker 2>there and learning more about it, and eventually it just

970
00:55:24.400 --> 00:55:27.800
<v Speaker 2>I saw. Another thing that was a big vindicator for me.

971
00:55:28.159 --> 00:55:33.280
<v Speaker 2>Was vindication was how you would if you followed this

972
00:55:33.360 --> 00:55:38.719
<v Speaker 2>stuff from news in twenty ten, eleven, twelve to now,

973
00:55:38.960 --> 00:55:43.440
<v Speaker 2>you have seen the same thood recycled. And so when

974
00:55:43.480 --> 00:55:47.199
<v Speaker 2>I saw, like, I've seen this for twelve years, ten years,

975
00:55:47.440 --> 00:55:50.800
<v Speaker 2>this is a stupid argument that they just recycle every

976
00:55:50.840 --> 00:55:53.800
<v Speaker 2>couple of years or even every year. And so one

977
00:55:53.840 --> 00:55:55.880
<v Speaker 2>by one, all of the objections just fell away, and

978
00:55:55.920 --> 00:55:57.960
<v Speaker 2>it was just like, that's a dumb argument. That's I've

979
00:55:57.960 --> 00:56:00.960
<v Speaker 2>heard that for twelve years. China, Oh, John, and they

980
00:56:01.079 --> 00:56:02.719
<v Speaker 2>just hear the same dumb arguments over and over and

981
00:56:02.800 --> 00:56:06.639
<v Speaker 2>over it's a Ponzi scheme, and you realize, no, the

982
00:56:06.639 --> 00:56:09.840
<v Speaker 2>fiat system is a Ponzi scheme, not Bitcoin, right, So

983
00:56:10.199 --> 00:56:12.159
<v Speaker 2>over and over and over it would, they would. The

984
00:56:12.159 --> 00:56:17.119
<v Speaker 2>dejections just fell away. And then I met certain people

985
00:56:17.199 --> 00:56:24.400
<v Speaker 2>who were involved in coding, who were involved in early bitcoin,

986
00:56:24.559 --> 00:56:29.760
<v Speaker 2>who were involved in engineering, and they explained a lot

987
00:56:29.800 --> 00:56:32.599
<v Speaker 2>of stuff I didn't know and just made it even

988
00:56:32.719 --> 00:56:37.559
<v Speaker 2>more coherent and clear for me. So it's a learning

989
00:56:37.599 --> 00:56:40.239
<v Speaker 2>curve that we all go through. Not that I've gotten,

990
00:56:40.400 --> 00:56:42.800
<v Speaker 2>I mean, that's still a lot I don't know, but

991
00:56:44.159 --> 00:56:45.599
<v Speaker 2>you know, that's what it takes to be ahead of

992
00:56:45.599 --> 00:56:47.519
<v Speaker 2>the ahead of the curve. That's what it's. I mean,

993
00:56:48.079 --> 00:56:51.000
<v Speaker 2>even twenty seventeen is for most people ahead of the curve,

994
00:56:51.079 --> 00:56:55.760
<v Speaker 2>because you know, we're still early in bitcoin. I think

995
00:56:55.840 --> 00:56:58.360
<v Speaker 2>I think we're going to see obviously bitcoin going to

996
00:56:58.920 --> 00:57:01.880
<v Speaker 2>I don't know when, but you know, ultimately eventually be

997
00:57:01.920 --> 00:57:04.440
<v Speaker 2>a million dollars, probably in five to ten years at least,

998
00:57:06.039 --> 00:57:09.880
<v Speaker 2>especially if the existing system continues with its spiraling out

999
00:57:09.880 --> 00:57:13.079
<v Speaker 2>of control madness. So yeah, that's a long Sorry, that's

1000
00:57:13.079 --> 00:57:18.760
<v Speaker 2>a long winded reply to just a long period of research.

1001
00:57:19.800 --> 00:57:22.239
<v Speaker 2>The more that I got involved in, you know, trading

1002
00:57:22.239 --> 00:57:25.039
<v Speaker 2>cryptos and moving this there and doing this and that,

1003
00:57:25.239 --> 00:57:27.719
<v Speaker 2>experimenting with this, the more the more confident you get.

1004
00:57:27.880 --> 00:57:30.159
<v Speaker 2>I remember the first time I bought the coiners really nervous, like,

1005
00:57:30.159 --> 00:57:32.880
<v Speaker 2>are they gonna take my money? My money's going to disappear?

1006
00:57:33.079 --> 00:57:35.639
<v Speaker 2>But so over time, you you know, you get confident

1007
00:57:35.679 --> 00:57:38.079
<v Speaker 2>and comfortable with it, and you're not as worried. So

1008
00:57:38.199 --> 00:57:40.559
<v Speaker 2>it was just a just education.

1009
00:57:40.679 --> 00:57:45.079
<v Speaker 1>Really Max posits this as like a new renaissance. Do

1010
00:57:45.119 --> 00:57:47.559
<v Speaker 1>you have the same hope or outlook?

1011
00:57:48.880 --> 00:57:51.639
<v Speaker 2>So I think I listened to a lot of Michael

1012
00:57:51.639 --> 00:57:54.880
<v Speaker 2>Saylor's talks and podcasts, many many hours of that over

1013
00:57:54.920 --> 00:57:58.360
<v Speaker 2>the last year, and he made a lot of good

1014
00:57:58.400 --> 00:58:01.800
<v Speaker 2>arguments why they could be the case. I think the

1015
00:58:01.840 --> 00:58:07.440
<v Speaker 2>potential is there, but whether we will act on that

1016
00:58:07.719 --> 00:58:08.440
<v Speaker 2>is I don't know.

1017
00:58:12.320 --> 00:58:17.559
<v Speaker 1>What's your hope for the future of humanity.

1018
00:58:20.920 --> 00:58:22.039
<v Speaker 3>A return to.

1019
00:58:23.559 --> 00:58:26.880
<v Speaker 2>Traditional organic ways of living, I think is the best hope.

1020
00:58:27.599 --> 00:58:30.400
<v Speaker 2>And obviously, you know, economy is a huge part of that.

1021
00:58:32.199 --> 00:58:39.159
<v Speaker 2>The way that we what we live for diet, where

1022
00:58:39.199 --> 00:58:45.119
<v Speaker 2>we live, not being in mega cities, not that it's

1023
00:58:45.119 --> 00:58:47.440
<v Speaker 2>inherently wrong to be in a city. But I think

1024
00:58:47.519 --> 00:58:52.000
<v Speaker 2>as things degrade as they try to bring in this reset,

1025
00:58:52.840 --> 00:58:55.079
<v Speaker 2>big cities are going to be really difficult to be in.

1026
00:58:55.679 --> 00:58:58.400
<v Speaker 2>So it might be better for people, at least in

1027
00:58:58.440 --> 00:59:00.599
<v Speaker 2>the near term, to you know, try how to get

1028
00:59:01.079 --> 00:59:03.519
<v Speaker 2>into the countryside. That kind of a thing. I usually

1029
00:59:03.519 --> 00:59:08.039
<v Speaker 2>advocate that kind of stuff, you know, having as being

1030
00:59:08.079 --> 00:59:11.519
<v Speaker 2>as self sufficient as you can in terms of feeding yourself.

1031
00:59:11.719 --> 00:59:15.559
<v Speaker 2>Most of my friends are into homesteading. I live in

1032
00:59:15.559 --> 00:59:17.199
<v Speaker 2>the country and I don't have a homestead. I'm not

1033
00:59:17.239 --> 00:59:19.280
<v Speaker 2>a farmer. I'm not a farming kind of dude. But

1034
00:59:19.679 --> 00:59:21.239
<v Speaker 2>a lot of people have found that to be a

1035
00:59:21.280 --> 00:59:24.119
<v Speaker 2>good avenue, especially if they have, you know, a lot

1036
00:59:24.119 --> 00:59:28.679
<v Speaker 2>of kids. So I believe in self defense. I believe

1037
00:59:28.719 --> 00:59:32.760
<v Speaker 2>in you know, owning guns, goal, living outside of cities,

1038
00:59:32.880 --> 00:59:35.519
<v Speaker 2>having your own land, being as self sufficient as you

1039
00:59:35.559 --> 00:59:38.719
<v Speaker 2>can in terms of not on the grid, so to speak.

1040
00:59:39.280 --> 00:59:43.079
<v Speaker 2>That's the best hope for us now and in the

1041
00:59:43.079 --> 00:59:43.519
<v Speaker 2>long run.

1042
00:59:44.599 --> 00:59:46.880
<v Speaker 1>One of the refrains about bitcoin is that it empowers

1043
00:59:46.920 --> 00:59:49.519
<v Speaker 1>everyone to be their own bank, or be their own

1044
00:59:49.559 --> 00:59:52.800
<v Speaker 1>central bank. Does that play into this idea of self

1045
00:59:52.840 --> 00:59:54.119
<v Speaker 1>sufficiency in your opinion?

1046
00:59:55.079 --> 00:59:58.239
<v Speaker 2>Absolutely? I mean when you understand what a central bank

1047
00:59:58.360 --> 01:00:03.639
<v Speaker 2>is in terms of the scammery and the Fiat theft,

1048
01:00:04.800 --> 01:00:07.360
<v Speaker 2>then you realize, well, now, wait a minute, shouldn't I

1049
01:00:07.599 --> 01:00:10.880
<v Speaker 2>be in charge of my own value? Shouldn't I be

1050
01:00:10.920 --> 01:00:16.519
<v Speaker 2>in charge of my own capital accumulation? Yes? Why must

1051
01:00:16.559 --> 01:00:21.559
<v Speaker 2>I have this amorphous, shady thing staring over me? And

1052
01:00:21.639 --> 01:00:24.760
<v Speaker 2>I think the way you call it a cartel? That reminds

1053
01:00:24.760 --> 01:00:30.079
<v Speaker 2>me that in Quigley's traging hope, that's what he says.

1054
01:00:30.119 --> 01:00:35.239
<v Speaker 2>He says that the official geopolitical model for the system

1055
01:00:35.239 --> 01:00:38.159
<v Speaker 2>that we're under is a cartel. It's a central banking cartel.

1056
01:00:38.960 --> 01:00:42.639
<v Speaker 2>So it's an organized crime cartel. And when you understand

1057
01:00:42.639 --> 01:00:45.480
<v Speaker 2>it that way, then you understand exactly what you're saying.

1058
01:00:46.960 --> 01:00:50.280
<v Speaker 2>It's basically another type of slavery. It's a covert type

1059
01:00:50.280 --> 01:00:54.320
<v Speaker 2>of slavery. So yeah, shouldn't I be in charge of

1060
01:00:54.360 --> 01:00:56.119
<v Speaker 2>the capital and the money that I make just as

1061
01:00:56.199 --> 01:00:58.760
<v Speaker 2>much as I'm in charge of the land that I own.

1062
01:01:00.880 --> 01:01:03.920
<v Speaker 1>So silver is written up in the Constitution. We're supposed

1063
01:01:03.920 --> 01:01:06.000
<v Speaker 1>to be on a biometallic standard gold and silver. I

1064
01:01:06.039 --> 01:01:09.239
<v Speaker 1>still believe the American conservative movement should adopt silver. With

1065
01:01:09.320 --> 01:01:13.280
<v Speaker 1>an activist mindset. I think in the countryside you're a

1066
01:01:13.360 --> 01:01:16.320
<v Speaker 1>lot closer to getting small business owners to accept silver

1067
01:01:16.880 --> 01:01:19.800
<v Speaker 1>for their products and services than in the city. And

1068
01:01:19.840 --> 01:01:22.039
<v Speaker 1>I think that's actually less of a pipe room than

1069
01:01:22.039 --> 01:01:24.719
<v Speaker 1>many people think. Look at what we've seen with bitcoin,

1070
01:01:24.760 --> 01:01:28.159
<v Speaker 1>for instance, over the last ten years, and I think

1071
01:01:28.199 --> 01:01:32.960
<v Speaker 1>that the silver community can adopt this attitude that the

1072
01:01:33.000 --> 01:01:36.719
<v Speaker 1>bitcoin community has taken. And some older critiques of Bitcoin

1073
01:01:36.800 --> 01:01:39.639
<v Speaker 1>that I've heard from older gentlemen is something like, look,

1074
01:01:39.920 --> 01:01:42.119
<v Speaker 1>I'm a little old to be getting into that bitcoin stuff,

1075
01:01:42.119 --> 01:01:44.840
<v Speaker 1>because that's the equivalent of storming the beaches at Normandy.

1076
01:01:45.280 --> 01:01:47.320
<v Speaker 3>And that's why we need young people so that they're

1077
01:01:47.360 --> 01:01:49.000
<v Speaker 3>the ones that take up these projects.

1078
01:01:49.239 --> 01:01:52.119
<v Speaker 1>And I still while thinking, well, I think gold and silver,

1079
01:01:52.840 --> 01:01:57.239
<v Speaker 1>particularly silver bugs could adopt this mentality, and in many

1080
01:01:57.280 --> 01:02:00.679
<v Speaker 1>ways that mentality was drained from that movement and into Bitcoin.

1081
01:02:01.000 --> 01:02:04.039
<v Speaker 1>With that aside, Bitcoin has adopted that movement. It is

1082
01:02:04.159 --> 01:02:07.719
<v Speaker 1>essentially skeptical of central banks. It's a skeptical of the

1083
01:02:07.760 --> 01:02:10.119
<v Speaker 1>debt based system. It's always ahead of the curb on

1084
01:02:10.159 --> 01:02:13.000
<v Speaker 1>the economic news as well. Inflation was a story at

1085
01:02:13.000 --> 01:02:17.079
<v Speaker 1>Bitcoin twenty twenty one, before it was the story in

1086
01:02:17.159 --> 01:02:22.960
<v Speaker 1>every popular culture. Exactly So that said, any further comments

1087
01:02:23.000 --> 01:02:25.760
<v Speaker 1>on the world.

1088
01:02:27.320 --> 01:02:30.280
<v Speaker 2>Yeah, I think just again that when we one of

1089
01:02:30.320 --> 01:02:32.360
<v Speaker 2>the things I've highlighted in the last couple of years

1090
01:02:32.719 --> 01:02:38.719
<v Speaker 2>is studying organized crime and studying the international geopolitical power

1091
01:02:38.719 --> 01:02:43.239
<v Speaker 2>clicks and power blocks, and through studying organized crime at

1092
01:02:43.239 --> 01:02:45.599
<v Speaker 2>a local level, the history of the Sicilian mafia, the

1093
01:02:45.639 --> 01:02:48.159
<v Speaker 2>history of other mafia is how they work, how they operate,

1094
01:02:48.360 --> 01:02:51.480
<v Speaker 2>how that cartel works, as you're talking about, as well

1095
01:02:51.480 --> 01:02:54.920
<v Speaker 2>as drug cartels for example, we start to realize that, wow,

1096
01:02:55.000 --> 01:02:57.440
<v Speaker 2>they seem to be really similar to the central banks, right,

1097
01:02:57.480 --> 01:02:59.800
<v Speaker 2>I mean, they're really just the big cartels, right, and

1098
01:03:00.119 --> 01:03:02.519
<v Speaker 2>then there's the little cartel. So when we begin to

1099
01:03:02.599 --> 01:03:05.519
<v Speaker 2>understand that that's really what's going on, that's the reality

1100
01:03:05.559 --> 01:03:10.199
<v Speaker 2>of things on the ground, then we can reevaluate our

1101
01:03:10.679 --> 01:03:14.840
<v Speaker 2>approach to the world on the basis of the hard facts,

1102
01:03:14.920 --> 01:03:19.039
<v Speaker 2>the hard reality. And that's my bigcoint is an answer

1103
01:03:19.440 --> 01:03:22.719
<v Speaker 2>economically speaking to a lot of the problems. It's not

1104
01:03:22.840 --> 01:03:25.679
<v Speaker 2>every an answer to everything, but and by extension, yes,

1105
01:03:25.760 --> 01:03:30.840
<v Speaker 2>gold and silver as well. And that's really the takeaway here.

1106
01:03:30.880 --> 01:03:33.960
<v Speaker 2>So what I do a lot of times is I

1107
01:03:34.159 --> 01:03:36.840
<v Speaker 2>lecture through the writings of the elite so called for

1108
01:03:36.840 --> 01:03:39.000
<v Speaker 2>the last one hundred years, kind of do a summary

1109
01:03:39.039 --> 01:03:40.400
<v Speaker 2>of those books because a lot of people don't have

1110
01:03:40.480 --> 01:03:43.559
<v Speaker 2>time to read all these big, boring global elite books.

1111
01:03:43.840 --> 01:03:45.960
<v Speaker 2>And what you start to realize when you read fifty

1112
01:03:46.039 --> 01:03:49.719
<v Speaker 2>sixty of these is that's really what's going on. It's

1113
01:03:49.800 --> 01:03:53.559
<v Speaker 2>cartels writing things, keeping people in the dark, tricking people,

1114
01:03:53.760 --> 01:03:59.320
<v Speaker 2>using all the scams at their disposal to steal your

1115
01:03:59.559 --> 01:04:02.239
<v Speaker 2>value and your energy over time. That's it. That's how

1116
01:04:02.280 --> 01:04:05.679
<v Speaker 2>it works. That's how the system works. So educating people,

1117
01:04:06.000 --> 01:04:08.280
<v Speaker 2>getting people to make the right decisions, getting people to

1118
01:04:08.599 --> 01:04:11.360
<v Speaker 2>one thing I didn't grow up with that Bitcoin and

1119
01:04:11.519 --> 01:04:15.119
<v Speaker 2>gold and silver taught me it was saving because they

1120
01:04:15.159 --> 01:04:19.000
<v Speaker 2>don't incentivize saving when you have what a banks give you,

1121
01:04:19.039 --> 01:04:22.440
<v Speaker 2>like a negative interest rare, like like you get like

1122
01:04:22.480 --> 01:04:24.840
<v Speaker 2>a two percent say, I don't know a zero point five.

1123
01:04:24.880 --> 01:04:26.519
<v Speaker 2>I don't know what it is, but it's not even

1124
01:04:26.559 --> 01:04:30.119
<v Speaker 2>worth And that's on purpose, as the some of the

1125
01:04:30.159 --> 01:04:32.159
<v Speaker 2>white peoples even say, is that they want to de

1126
01:04:32.239 --> 01:04:35.880
<v Speaker 2>incentivize saving money. And one of the things that you

1127
01:04:35.960 --> 01:04:40.679
<v Speaker 2>mentioned HG. Wells and like the socialist technocrats from one

1128
01:04:40.719 --> 01:04:43.840
<v Speaker 2>hundred years ago, they discussed that when they roll out

1129
01:04:43.880 --> 01:04:48.360
<v Speaker 2>the universal basic income. One of the tricks it would

1130
01:04:48.400 --> 01:04:52.559
<v Speaker 2>be to have the UBI that you get it goes

1131
01:04:52.599 --> 01:04:55.840
<v Speaker 2>away after a week, and that means you can't save

1132
01:04:55.880 --> 01:04:59.079
<v Speaker 2>it up because for you to save up wealth, value,

1133
01:04:59.320 --> 01:05:02.519
<v Speaker 2>energy over time time is for you to have your

1134
01:05:02.519 --> 01:05:06.400
<v Speaker 2>own firewall, to have a defense mechanism against the tyrannical system.

1135
01:05:06.760 --> 01:05:09.920
<v Speaker 2>And obviously one of the if the system can disarm

1136
01:05:10.000 --> 01:05:13.360
<v Speaker 2>you from that, then you're no longer a threat. So

1137
01:05:14.800 --> 01:05:16.199
<v Speaker 2>that's that's the key takeaway here.

1138
01:05:16.239 --> 01:05:19.519
<v Speaker 1>I think we've had the honor and privilege of sitting

1139
01:05:19.519 --> 01:05:22.360
<v Speaker 1>down today with j Dyer of jasanalysis dot com. You

1140
01:05:22.400 --> 01:05:25.800
<v Speaker 1>can also find him on YouTube at Jay Dyer. Is

1141
01:05:25.800 --> 01:05:28.119
<v Speaker 1>there anywhere else people can find you Jay.

1142
01:05:29.199 --> 01:05:31.880
<v Speaker 2>All the other ones just under my name, and then yeah,

1143
01:05:32.159 --> 01:05:34.199
<v Speaker 2>you can find me also on Rockfinn. Rockfin is a

1144
01:05:34.239 --> 01:05:38.320
<v Speaker 2>really awesome free speech based platform. So a lot of

1145
01:05:38.320 --> 01:05:40.280
<v Speaker 2>my content, a lot of exclusive stuff is over there

1146
01:05:40.320 --> 01:05:42.199
<v Speaker 2>on Rockfin is free to sign up. And then there's

1147
01:05:42.280 --> 01:05:43.960
<v Speaker 2>you know, if you it's kind of like Netflix, or

1148
01:05:44.000 --> 01:05:46.239
<v Speaker 2>if you pay you get access to all the creators

1149
01:05:46.840 --> 01:05:51.519
<v Speaker 2>uh paywall content. And then I also host the fourth

1150
01:05:51.559 --> 01:05:53.719
<v Speaker 2>hour of the A L e X j O n

1151
01:05:53.760 --> 01:05:54.519
<v Speaker 2>E S show.

1152
01:05:55.880 --> 01:05:58.559
<v Speaker 1>Thank you so much for joining us today, absolutely thank you,

1153
01:05:58.880 --> 01:06:00.000
<v Speaker 1>and thank you everyone for listening.

1154
01:06:00.079 --> 01:06:00.239
<v Speaker 3>Then