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Transcript: Fixing The CIA's Incentives With Frank Corva | Behind The Podcast Episode 9
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diff --git a/wiki/transcripts/fixing-the-cias-incentives-with-frank-corva-behind-the-podcast-episode-9.md b/wiki/transcripts/fixing-the-cias-incentives-with-frank-corva-behind-the-podcast-episode-9.md new file mode 100644 index 00000000..2c690d9c @@ -0,0 +1,611 @@ +--- +title: "Transcript: Fixing The CIA's Incentives With Frank Corva | Behind The Podcast Episode 9" +type: transcript +episode: fixing-the-cias-incentives-with-frank-corva-behind-the-podcast-episode-9 +generated: true +date: 2025-02-06 +audio: "https://feeds.fountain.fm/R8scBF2Wiykm0YVldsHQ/items/828BWNX3Astb4rXu3Y9G/files/AUDIO---DEFAULT---c1462b49-77da-4164-aaa2-381b91653513.mp3" +duration: "1:26:59" +sources: + - raw/episodes/fixing-the-cias-incentives-with-frank-corva-behind-the-podcast-episode-9/bundle.json +--- + +<p class="cue-p"><a class="cue-t" href="#t-0">0:00</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-0" data-t="0">Welcome to this very special edition</span> <span class="cue" id="t-3" data-t="3">of Behind the Podcast.</span> <span class="cue" id="t-5" data-t="5">Today, we have Frank Korva joining us</span> <span class="cue" id="t-8" data-t="8">and Rod Palmer as usual.</span> <span class="cue" id="t-11" data-t="11">People may know Frank Korva as the guy on Bitcoin Magazine livestreams who asks much more interesting questions than Isabella</span> <span class="cue" id="t-19" data-t="19">and Rizzo. How</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-21">0:21</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-21" data-t="21">you</span> <span class="cue" id="t-22" data-t="22">guys doing tonight? How you doing, Rod? How you doing, Frank?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-26">0:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-26" data-t="26">I'm doing great. Yeah. This is a big episode for as you know, we take our credentials as journalists very seriously, and we have, much respect for peers</span> <span class="cue" id="t-36" data-t="36">in the industry.</span> <span class="cue" id="t-37" data-t="37">And</span> <span class="cue" id="t-38" data-t="38">this I mean, Frank is by far the the most esteemed</span> <span class="cue" id="t-43" data-t="43">credentialed journalist that we've had the privilege of talking to on this show.</span> <span class="cue" id="t-48" data-t="48">He's, like, he's the chief clinical correspondent</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-51">0:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-51" data-t="51">or will be,</span> <span class="cue" id="t-52" data-t="52">at Bitcoin Magazine, which is essentially,</span> <span class="cue" id="t-56" data-t="56">like, the front row or going to be the front row in the White House press corps,</span> <span class="cue" id="t-60" data-t="60">you know, probably by the end of the year.</span> <span class="cue" id="t-63" data-t="63">So I tend to be great. But, yeah, how you doing, man? Doing well. Doing well. Shout out to Rizzo Rizzo and Isabella.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-70">1:10</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-70" data-t="70">Gotta gotta shout out the livestream team there. Doing well. Yeah.</span> <span class="cue" id="t-74" data-t="74">God willing, we'll be, we'll be in the White House press corps sooner than later.</span> <span class="cue" id="t-80" data-t="80">Gotta do that on behalf of the plebs. Got to,</span> <span class="cue" id="t-83" data-t="83">got to, showcase the credentials.</span> <span class="cue" id="t-86" data-t="86">And, yeah, good to be here with you guys this evening. Thank you for having me on.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-90">1:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-90" data-t="90">I have a question.</span> <span class="cue" id="t-92" data-t="92">What is your strategy, or how are you approaching it? How are you going to make sure that shinobi doesn't wear off and make president Trump feel bearish?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-103">1:43</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-103" data-t="103">It's a great so Shinobi's I can't promise anything with Shinobi. I don't really have a strategy.</span> <span class="cue" id="t-109" data-t="109">I mean, in in a way, Shinobi is kind of like Trump. He's a bit of a wild card. You can't really control him. He's just out there do doing,</span> <span class="cue" id="t-116" data-t="116">shinobi things, and, you just have to appreciate him for that and work with him.</span> <span class="cue" id="t-121" data-t="121">So,</span> <span class="cue" id="t-124" data-t="124">yeah. I don't know. I mean, maybe,</span> <span class="cue" id="t-127" data-t="127">maybe talk a little bit about op codes or something, distract him from,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-131">2:11</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-131" data-t="131">from, you know, getting onto</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-134">2:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-134" data-t="134">Yeah. Getting into Trump's ear and doing bear you know, telling embarrassed things? Have have you warned any of the rest of, like, Trump's staff and advisers in the Oval Office,</span> <span class="cue" id="t-144" data-t="144">that Shinobi</span> <span class="cue" id="t-146" data-t="146">may, you know, inadvertently</span> <span class="cue" id="t-148" data-t="148">or, you know, often call the president a return? We haven't we haven't warned them.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-153">2:33</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-153" data-t="153">We know that the president is sort of, you know, he he's, he's a fan of using, I think, such language.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-160">2:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-160" data-t="160">Maybe not that exact word, but, you know But the yeah. I think it might make him respect Right. Shinobi. I think that Shinobi and Donald Trump could honestly have a pretty good</span> <span class="cue" id="t-170" data-t="170">relationship, at least a business relationship</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-172">2:52</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-172" data-t="172">because they would both respect each other. Totally. Even the new sort of, communist shinobi, without a doubt. I think that they, they would genuinely there there's some level of respect they'd have for each other. No doubt.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-184">3:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-184" data-t="184">Do you think the communist thing is to impress a girl?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-187">3:07</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-187" data-t="187">Wow. To impress a girl. Which girl?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-190">3:10</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-190" data-t="190">I don't know. There's a lot of girls on Twitter that think that Shinobi's hot. Yeah. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-196">3:16</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-196" data-t="196">And, you know, you know, there's a lot of them that are coming in. They're a little bit on the liberal side lately. Mhmm. And, you know, maybe has something to do with with his politics as well.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-206">3:26</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-206" data-t="206">Good. Yeah.</span> <span class="cue" id="t-208" data-t="208">I don't know. I don't know all the details there, but, I mean,</span> <span class="cue" id="t-211" data-t="211">the outfit I mean, if it wasn't initially to impress a girl, the the communist outfit, the one I think he had on at I I think he had it on the live stream on inauguration day that we did for pub key and the one he was wearing at, Bitcoin Amsterdam.</span> <span class="cue" id="t-224" data-t="224">I mean, if that's not gonna impress the ladies, you know, if they weren't already on board, they're definitely on board after seeing that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-230">3:50</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-230" data-t="230">I think</span> <span class="cue" id="t-231" data-t="231">I think as far as</span> <span class="cue" id="t-233" data-t="233">if you want Shinobi</span> <span class="cue" id="t-235" data-t="235">to shift his his political ideology,</span> <span class="cue" id="t-238" data-t="238">having having a communist technical editor might not be the best look for Bitcoin Magazine.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-244">4:04</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-244" data-t="244">Especially</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-246">4:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-246" data-t="246">Yeah. Please continue. I'm sorry. Well well, especially as Bitcoin magazine is looking to partner more closely with the</span> <span class="cue" id="t-254" data-t="254">decentralized</span> <span class="cue" id="t-255" data-t="255">deep state two point o. Right.</span> <span class="cue" id="t-257" data-t="257">The Trump administration is forming. So one thing that's really interesting about the Trump administration</span> <span class="cue" id="t-263" data-t="263">that's different than any other administration I've ever seen</span> <span class="cue" id="t-267" data-t="267">is that he insists on his press secretaries</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-272">4:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-272" data-t="272">to spokespeople,</span> <span class="cue" id="t-273" data-t="273">he insists on them being really hot women. Right. Right. And so if Shinobi is really if he's become a communist to impress a girl,</span> <span class="cue" id="t-283" data-t="283">think about what he would have to do to impress the super based hot press secretary in the White House.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-290">4:50</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-290" data-t="290">I mean,</span> <span class="cue" id="t-292" data-t="292">this remains to be seen. Again, though, I think it's like a game recognizes game sort of thing. I don't know if it'll be a matter of, like, political ideology. It'll just sort of be, you know, the same way that Trump and Shinobi, there'll be sort of a mutual respect there. I think that, you know, the super base press secretary,</span> <span class="cue" id="t-309" data-t="309">has likely, you know, read up on, you know, covenant's proposals and the importance of, Bitcoin</span> <span class="cue" id="t-316" data-t="316">not ossifying and, will sort of just inherently, you know, respect Shenobi as a result of that. So, Frank,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-323">5:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-323" data-t="323">you being a credentialed journalist,</span> <span class="cue" id="t-325" data-t="325">I wanna get your take. So the the entire media apparatus</span> <span class="cue" id="t-329" data-t="329">has been turned upside down</span> <span class="cue" id="t-331" data-t="331">with the</span> <span class="cue" id="t-333" data-t="333">pausing or elimination of USAID.</span> <span class="cue" id="t-337" data-t="337">Joe Nakamoto</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-338">5:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-338" data-t="338">hasn't been posting</span> <span class="cue" id="t-341" data-t="341">tutorials</span> <span class="cue" id="t-343" data-t="343">on how to use Tether.</span> <span class="cue" id="t-346" data-t="346">Politico</span> <span class="cue" id="t-347" data-t="347">Yep. Is is looking like they're bankrupt.</span> <span class="cue" id="t-350" data-t="350">The New York Times</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-352">5:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-352" data-t="352">is in shambles</span> <span class="cue" id="t-353" data-t="353">as a loss of their funding.</span> <span class="cue" id="t-356" data-t="356">So the the average person is waking up to the reality that the the media apparatus has essentially been funded by the CIA.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-364">6:04</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-364" data-t="364">That's right.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-366">6:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-366" data-t="366">What What This is this is a big shock. I don't think anybody</span> <span class="cue" id="t-370" data-t="370">saw this coming. Right.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-372">6:12</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-372" data-t="372">Yeah. It seemed very organic what had been going on with the with news outlets like Politico. And,</span> <span class="cue" id="t-378" data-t="378">you know, I think all I can really think about here is, the opportunity for us to capitalize on it. Right? I mean,</span> <span class="cue" id="t-385" data-t="385">I tweeted earlier that, just seems sort of logical that Bitcoin Magazine gets, political seat in the White House press room.</span> <span class="cue" id="t-394" data-t="394">We're here to represent the true plebs. We're not here to represent the fake, you know,</span> <span class="cue" id="t-399" data-t="399">left wing media plebs or the, you know, the,</span> <span class="cue" id="t-403" data-t="403">yeah. The just,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-405">6:45</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-405" data-t="405">you know, the the paid for plebs, the ones that,</span> <span class="cue" id="t-408" data-t="408">the ones that are that are bought and sold by the, by the deep state. We're not about that. And, we're just hoping that maybe justice prevails this time around and that Trump sees,</span> <span class="cue" id="t-418" data-t="418">the fact that we are the the face of,</span> <span class="cue" id="t-421" data-t="421">where we are the voice of the,</span> <span class="cue" id="t-424" data-t="424">you know, the average UTXO holder and that we get our rightful place in the press corps and, in the press room as a result of that. Yeah. I mean,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-432">7:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-432" data-t="432">I'm even more bullish than you</span> <span class="cue" id="t-435" data-t="435">about this ability,</span> <span class="cue" id="t-437" data-t="437">to capitalize</span> <span class="cue" id="t-438" data-t="438">because</span> <span class="cue" id="t-439" data-t="439">I think that</span> <span class="cue" id="t-441" data-t="441">as we're seeing, like, all these</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-443">7:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-443" data-t="443">these operations, these money laundering</span> <span class="cue" id="t-445" data-t="445">campaigns that are, you know, that they have been doing for decades probably,</span> <span class="cue" id="t-449" data-t="449">maybe longer.</span> <span class="cue" id="t-452" data-t="452">They're all going away, but</span> <span class="cue" id="t-454" data-t="454">we all know that the CIA is not going away. They may change their logo.</span> <span class="cue" id="t-459" data-t="459">They may change the name, but it's not going away. We're gonna have to work hard. We're gonna have to pay taxes, and the CIA is gonna get those tax dollars,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-468">7:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-468" data-t="468">and they're going to try to influence the narrative.</span> <span class="cue" id="t-472" data-t="472">And I think that if</span> <span class="cue" id="t-474" data-t="474">we get them into podcasting two point zero value for value,</span> <span class="cue" id="t-478" data-t="478">it just realigns these. So we're going to fix the incentives</span> <span class="cue" id="t-481" data-t="481">of the CIA</span> <span class="cue" id="t-483" data-t="483">and we're gonna be able to transact adversarially with them</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-487">8:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-487" data-t="487">in the value for value economy because they will be able</span> <span class="cue" id="t-490" data-t="490">to boost</span> <span class="cue" id="t-491" data-t="491">Bitcoin podcasts that they want to support. They think that are</span> <span class="cue" id="t-497" data-t="497">sending a good message to how to, you know, these right hardware wallets and protect your through Bitcoin from North Korea, the hackers.</span> <span class="cue" id="t-504" data-t="504">And, like, that's the kind of stuff because it's that's the kind of they'll get boosts.</span> <span class="cue" id="t-509" data-t="509">They'll get quality content in return for</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-511">8:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-511" data-t="511">for our tax dollars that they're using to influence us.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-515">8:35</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-515" data-t="515">Yeah. I mean, I I I can't see how that wouldn't be the case. And, you know, as the world moves to a Bitcoin standard, I mean, that's going to include members of the CIA. And, if we're gonna keep the deep state funded, no better way to do that than streaming Sats. There's probably that's probably the only way to do it is for them to be earning Sats in the process.</span> <span class="cue" id="t-534" data-t="534">We know the value the CIA,</span> <span class="cue" id="t-537" data-t="537">produces for all of us in keeping us safe. So the least we can do the least we can do is turn them on to the, the value for value, the v for v model, if you will,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-546">9:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-546" data-t="546">and keep them funded so that, so that our freedoms are protected. Yeah. Yeah. We talked about this that, you know, for the longest time</span> <span class="cue" id="t-554" data-t="554">people that used Bitcoin, they thought they were outsmarting, and they'd see the government like, these guys were done. They don't know what to do, and I'm not gonna have to pay my taxes.</span> <span class="cue" id="t-562" data-t="562">But</span> <span class="cue" data-t="562">through Bitcoin podcast, Be Orange, built a lot of Feds.</span> <span class="cue" id="t-565" data-t="565">And, you know, they're in spaces, they're listening, they're and they're getting the same advertisements</span> <span class="cue" id="t-571" data-t="571">that we are. So they the Feds own cold cards, the Feds own Trezors and Ledgers and and and they're using Unchained Capital Multisigs</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-580">9:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-580" data-t="580">and they use all</span> <span class="cue" id="t-581" data-t="581">that stuff. So they're learning it and they're,</span> <span class="cue" id="t-585" data-t="585">they're they're understanding how to use it and they're want to, but they're gonna use it too. And you don't want</span> <span class="cue" id="t-592" data-t="592">the feds to just be the only ones using Bitcoin.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-594">9:54</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-594" data-t="594">No. We don't. Of course, we don't want. I mean, Bitcoin is for everyone. Right? Bitcoin is for enemies, money for enemies. I think that's the the phrase.</span> <span class="cue" id="t-603" data-t="603">You know, you just said that they own cold cards, they own treasure. They might they might even own these actual companies. Right? They might be producing this hardware that we're all using, which is again something we should be grateful for.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-614">10:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-614" data-t="614">Yeah. They may be the ones doing tutorials of teaching you how to use a cold card.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-619">10:19</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-619" data-t="619">It wouldn't surprise you. You may get you may learn you may get orange spilled by a fed yourself. I've spent a little bit of time speaking of tutorials with BTC sessions.</span> <span class="cue" id="t-628" data-t="628">You know, I definitely caught</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-630">10:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-630" data-t="630">caught some fed vibes from I did not. I always say I did not name BTC Sessions. You did, but continue continue. Right. Right. Right. My apologies if you didn't mean to to,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-640">10:40</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-640" data-t="640">to dox anybody there. But, yeah, it wouldn't surprise me. You know, this is a very physically fit man. Looks like he's been through basic training.</span> <span class="cue" id="t-647" data-t="647">Yes. Frequently posts pictures of himself, how physically fit he is.</span> <span class="cue" id="t-653" data-t="653">And, yeah, you you just have to think that maybe that didn't happen on his own. Maybe he's got, you know, special forces teams that that are keeping him in such shape at this, right before the age of 40.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-662">11:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-662" data-t="662">And that's one of the things that terrifies me the most is because</span> <span class="cue" id="t-667" data-t="667">there is not a hardware wallet or a node or a software wallet that BTC Sessions doesn't know how to use. And I don't think there's anybody out there who knows how to use them that didn't learn how to use them by watching BTC Sessions videos and tutorials on it.</span> <span class="cue" id="t-682" data-t="682">And</span> <span class="cue" id="t-683" data-t="683">it's just, you know, if</span> <span class="cue" id="t-685" data-t="685">they know how to use it better than we do, if we're still struggling to consolidate our UTXOs,</span> <span class="cue" id="t-692" data-t="692">man, they're,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-693">11:33</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-693" data-t="693">they're gonna rockets. We're falling behind here. There's no question.</span> <span class="cue" id="t-697" data-t="697">For all intents and purposes, we might as well we might as well all really just be</span> <span class="cue" id="t-702" data-t="702">invested only in, spot Bitcoin ETFs at this point. Maybe maybe I bid, if you will, because, yeah, the the</span> <span class="cue" id="t-710" data-t="710">the odds of us getting rugged,</span> <span class="cue" id="t-713" data-t="713">by these people are quite high at this point,</span> <span class="cue" id="t-716" data-t="716">which is, again,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-718">11:58</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-718" data-t="718">probably why we should just be more focused on compliant, you know, totally KYC Bitcoin at this point because, the reality that all these tools that we have to, to work around,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-729">12:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-729" data-t="729">Right. You know, the compliance. It is you know, It's harder for the CIA to steal your Bitcoin</span> <span class="cue" id="t-737" data-t="737">if it's KYC ed.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-739">12:19</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-739" data-t="739">It seems like that's the case. You know?</span> <span class="cue" id="t-742" data-t="742">My credentials aren't a 100% up to date. Don't tell anybody. But, from from what I can tell, based on the research I've done and my level of, credentialedness,</span> <span class="cue" id="t-751" data-t="751">it does seem that that's the case from my perspective. Yeah. I mean</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-756">12:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-756" data-t="756">so who do I file</span> <span class="cue" id="t-759" data-t="759">complaints with about journalist</span> <span class="cue" id="t-761" data-t="761">to practices at Bitcoin Magazine? Who's the best point of contact for that?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-766">12:46</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-766" data-t="766">This is a great question.</span> <span class="cue" id="t-768" data-t="768">I know David Bailey is looking to hire someone to do this. Our our HR department is currently lacking a bit.</span> <span class="cue" id="t-774" data-t="774">Again, we could always we can go back to Shinobi. Shinobi is good to bring this kind of stuff up with. Great with, administrative work. Great with,</span> <span class="cue" id="t-782" data-t="782">using HR appropriate language.</span> <span class="cue" id="t-785" data-t="785">Highly credentialed himself, So it's sort of like he's sort of the bar. So if you're not as credentialed as that, he will quickly let you know that, that that that is the case.</span> <span class="cue" id="t-796" data-t="796">Can't don't don't have a name offhand, but</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-801">13:21</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-801" data-t="801">but yeah. I guess,</span> <span class="cue" id="t-803" data-t="803">you know, the,</span> <span class="cue" id="t-805" data-t="805">yeah, just just emailing the editor. We'll put you in touch with the right person, editor@btcmedia.org,</span> <span class="cue" id="t-811" data-t="811">and, we'll get you in touch with the right people.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-815">13:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-815" data-t="815">Shinobi will be will be phone call right after this. I was gonna say, you know, until we get</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-821">13:41</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-821" data-t="821">that new person hired, we could probably just send a DM to Rizzo</span> <span class="cue" id="t-826" data-t="826">or Shinobi,</span> <span class="cue" id="t-828" data-t="828">and they'll</span> <span class="cue" id="t-829" data-t="829">they'll be we'll do customer service, basically. If you have complaints about Bitcoin Magazine, they'll be happy to field those. Happy to do it. I would say with Rizzo.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-838">13:58</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-838" data-t="838">Just keep in mind that from what I've heard, he's in the early stages of starting a podcast right now, so he's quite busy. Keep keep you know, don't don't tell too many people about that. So if he doesn't get back to you right away, just know it's because he's hard at work at, getting out there on the podcast circuit, not as a guest, but as a host this time around. And,</span> <span class="cue" id="t-854" data-t="854">host this time around.</span> <span class="cue" id="t-857" data-t="857">And,</span> <span class="cue" id="t-858" data-t="858">yeah.</span> <span class="cue" id="t-859" data-t="859">Otherwise, yeah, Rizzo, Shinobi,</span> <span class="cue" id="t-862" data-t="862">yeah. One one of the two will get back to you eventually, just maybe not right away. So this is kinda like a long</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-869">14:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-869" data-t="869">question that I was setting up for, which is,</span> <span class="cue" id="t-873" data-t="873">I've been very disappointed</span> <span class="cue" id="t-874" data-t="874">with</span> <span class="cue" id="t-876" data-t="876">the media's coverage</span> <span class="cue" id="t-878" data-t="878">of the People's Republic Of North Korea.</span> <span class="cue" id="t-882" data-t="882">And the reason why</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-884">14:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-884" data-t="884">is</span> <span class="cue" id="t-886" data-t="886">El Salvador has gotten a lot of unfair attention. So Isabella</span> <span class="cue" id="t-890" data-t="890">is down there right now That's right. Reporting on Bitcoin use in El Salvador. We I have not seen any reporters go to North Korea to talk about their Bitcoin</span> <span class="cue" id="t-901" data-t="901">acceptance.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-902">15:02</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-902" data-t="902">I think we should we you know, what's really important to acknowledge there is, North Korea is, sort of the birthplace of hacker culture, if if you will. It's where hacker culture is alive and well, and we should really acknowledge that. For the record, I've been there. I've actually crossed the border in North Korea about ten years ago.</span> <span class="cue" id="t-919" data-t="919">At the time, I actually wasn't,</span> <span class="cue" id="t-921" data-t="921">familiar with what Bitcoin was, though. So I, it was a bit of a</span> <span class="cue" id="t-926" data-t="926">of a shortcoming on my part. But, yeah, I think,</span> <span class="cue" id="t-929" data-t="929">we all owe a lot to the hackers that, constantly hack crypto bridges to sort of, to show us what they're capable of. Ideally, they, they crack Bitcoin's code one day too and get to it. But, yeah, you know, we, we really should be showcasing the skills,</span> <span class="cue" id="t-944" data-t="944">at play,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-946">15:46</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-946" data-t="946">amongst their, their their computer savvy and their, their their hacker elite over there for sure. Mhmm.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-952">15:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-952" data-t="952">Like, the North Koreans were using Bitcoin before you even knew what it was.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-957">15:57</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-957" data-t="957">That's right. I mean, that's correct. They,</span> <span class="cue" id="t-961" data-t="961">yeah, they were</span> <span class="cue" id="t-963" data-t="963">they were using it before,</span> <span class="cue" id="t-965" data-t="965">before the advent of blockchain.</span> <span class="cue" id="t-967" data-t="967">And, you know, they're they've,</span> <span class="cue" id="t-970" data-t="970">really sort of,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-972">16:12</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-972" data-t="972">what's it called,</span> <span class="cue" id="t-974" data-t="974">setting a model for the rest of the world to to, you know, to be noncompliant,</span> <span class="cue" id="t-978" data-t="978">to, to do things that are,</span> <span class="cue" id="t-981" data-t="981">to do things that are quite,</span> <span class="cue" id="t-983" data-t="983">you know though, obviously, the hackers there are sort of controlled by the state, they're also quite subversive at the same time. So it's, yeah, they were really sort of setting a model for, like, that sort of deep state meets agriculture,</span> <span class="cue" id="t-995" data-t="995">marriage, just that beautiful marriage.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-999">16:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-999" data-t="999">When when you were</span> <span class="cue" id="t-1001" data-t="1001">in North Korea,</span> <span class="cue" id="t-1003" data-t="1003">I'm speculating here, but I think one I imagine one of the things you would notice is there's not as many chairs there as there are, you know, in The United States and there's probably not very many. She probably didn't see that many chairs at all and it's like</span> <span class="cue" id="t-1017" data-t="1017">imagining</span> <span class="cue" id="t-1018" data-t="1018">that, you know, just that stoicism, that discipline</span> <span class="cue" id="t-1022" data-t="1022">that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1023">17:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1023" data-t="1023">just of of that saving culture Yeah. Of of of trying to acquire more Bitcoin.</span> <span class="cue" id="t-1028" data-t="1028">I it's it's hard to keep up with a culture like that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1033">17:13</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1033" data-t="1033">You can't keep up with a culture like that, to be honest.</span> <span class="cue" id="t-1036" data-t="1036">I was only in one room while I was there, and I can, I can I can report that there were actually no chairs in that room? So when we're talking about really putting your last,</span> <span class="cue" id="t-1047" data-t="1047">the last of your assets, the last of your dollars into Bitcoin</span> <span class="cue" id="t-1051" data-t="1051">to to live on that Bitcoin standard, to to go all in, if you will,</span> <span class="cue" id="t-1056" data-t="1056">nobody does it better than North Koreans. No question.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1059">17:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1059" data-t="1059">Right. Yeah. Especially, like you said, like, right at the border</span> <span class="cue" id="t-1062" data-t="1062">where you might have guests. You don't even have chairs for your guests.</span> <span class="cue" id="t-1067" data-t="1067">Yeah. Yeah. That's, that's locked in mode, but</span> <span class="cue" id="t-1071" data-t="1071">low time preference. Very low time preference as well. Very low Did you notice that the,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1076">17:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1076" data-t="1076">the art and the music was superior because they were living on a Bitcoin standard?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1082">18:02</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1082" data-t="1082">It was almost like, this sort of renaissance</span> <span class="cue" id="t-1085" data-t="1085">that, you've only read about in books. That was the that was the vibes. Like, again,</span> <span class="cue" id="t-1090" data-t="1090">didn't go too deep into the heart of the country or anything, but,</span> <span class="cue" id="t-1094" data-t="1094">the level of,</span> <span class="cue" id="t-1096" data-t="1096">I mean, it was you just heard orchestral music wherever you go. The detail on the architecture,</span> <span class="cue" id="t-1101" data-t="1101">stunning.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1103">18:23</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1103" data-t="1103">I had never seen anything like it in my life, to be honest. Absolutely incredible.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1107">18:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1107" data-t="1107">And and I can't believe I've never heard Safedine</span> <span class="cue" id="t-1110" data-t="1110">ever mention them.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1112">18:32</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1112" data-t="1112">You know, I'd imagine he's gone there. I would imagine that</span> <span class="cue" id="t-1115" data-t="1115">his travels within North Korea were part of the inspiration</span> <span class="cue" id="t-1119" data-t="1119">behind the Bitcoin standard.</span> <span class="cue" id="t-1121" data-t="1121">I I mean, I you know, I've read the book many times, obviously.</span> <span class="cue" id="t-1126" data-t="1126">And, yeah, like I said, what</span> <span class="cue" id="t-1129" data-t="1129">what the world on a Bitcoin standard is like, it's really not a hypothetical in North Korea. And you have to imagine he wasn't writing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1137">18:57</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1137" data-t="1137">he wasn't writing to speculate what the world could like look like on a Bitcoin standard. He was writing based on the greatest model that there is out there, which is the North Korean model, the North Korea on a Bitcoin standard model. Yeah. I mean, it is</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1151">19:11</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1151" data-t="1151">a really good, like, role model for an exclude if you're building an exclusive citadel,</span> <span class="cue" id="t-1156" data-t="1156">North Korea</span> <span class="cue" id="t-1157" data-t="1157">is kind of pioneering that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1160">19:20</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1160" data-t="1160">The whole country's a citadel, I would say. Maybe like citadels within citadels, but it is, it's the ultimate model for,</span> <span class="cue" id="t-1167" data-t="1167">state sponsored citadel, if that, if that if that makes any sense.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1171">19:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1171" data-t="1171">I don't think it always has to be a state sponsored one. So, like, I think that, you know, when Bitcoiners know that real estate is a shitcoin.</span> <span class="cue" id="t-1178" data-t="1178">Right. So when we have our citadels, we're gonna need</span> <span class="cue" id="t-1181" data-t="1181">landlords. We're gonna need somebody to rent houses from and I don't think that has to be the same. I think it can be BlackRock. They understand Bitcoin.</span> <span class="cue" id="t-1189" data-t="1189">They understand real estate and they, you know, they could come in and provide</span> <span class="cue" id="t-1194" data-t="1194">housing and things like that and and stuff for us to to lease.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1198">19:58</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1198" data-t="1198">I think it's really whatever Larry Fink says.</span> <span class="cue" id="t-1202" data-t="1202">You know, in the Bitcoin space, we we love Larry Fink now. So I think really whatever he says, whether that's, just,</span> <span class="cue" id="t-1208" data-t="1208">you know, him if he says that him being in charge of all real estate is best for us, the same way, you know,</span> <span class="cue" id="t-1214" data-t="1214">you know, he he's talking now about Bitcoin as just just amazing universal currency. I mean, he obviously gets it. So, yeah, we just need to sort of follow his lead at this point. I mean, it seems like the the what the real plebs are doing. So it's, who am I to sort of disagree with that perspective? Though, Harry is a big big winner, he might listen to this show. He might really appreciate the kind words he used said.</span> <span class="cue" id="t-1237" data-t="1237">Ideally.</span> <span class="cue" id="t-1238" data-t="1238">Ideally. Larry, if you're listening,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1240">20:40</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1240" data-t="1240">thank you for the work you do with Bitcoin. Thank you for, you know,</span> <span class="cue" id="t-1245" data-t="1245">please, you</span> <span class="cue" id="t-1247" data-t="1247">know, please, you know, with with, whatever real estate you do, rent to me or let your people rent to me. I just wanna say thank you in advance.</span> <span class="cue" id="t-1257" data-t="1257">And, you know, I I it's so much easier,</span> <span class="cue" id="t-1260" data-t="1260">to live in a world where I don't have to worry about owning anything, where I can just rent from you and, you know, your well manicured and well kept properties. So, thank you thank you for all you do. So we're in this,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1272">21:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1272" data-t="1272">very unpredictable</span> <span class="cue" id="t-1274" data-t="1274">and unstable time.</span> <span class="cue" id="t-1276" data-t="1276">Things are shifting</span> <span class="cue" id="t-1278" data-t="1278">incredibly quickly. Do you have any predictions for the next year? We're we're still pretty early at in on the year.</span> <span class="cue" id="t-1285" data-t="1285">But just any</span> <span class="cue" id="t-1287" data-t="1287">macro predictions, any predictions about shifts that that we'll see in the media,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1292">21:32</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1292" data-t="1292">Stuff that normal people Yeah. I would say could you</span> <span class="cue" id="t-1295" data-t="1295">I'm thinking more. You have a pre</span> <span class="cue" id="t-1298" data-t="1298">you're pretty close to</span> <span class="cue" id="t-1300" data-t="1300">the policy that is being set, what's going on, what people are talking about, what people are doing. So I think that a lot of people who</span> <span class="cue" id="t-1307" data-t="1307">aren't that close or just right you know maybe in the Midwest you have a normal job.</span> <span class="cue" id="t-1313" data-t="1313">You see a lot of stuff on social media</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1315">21:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1315" data-t="1315">and, you have your expectations, you have your price predictions, you have your</span> <span class="cue" id="t-1320" data-t="1320">whatever SBR predictions,</span> <span class="cue" id="t-1322" data-t="1322">but do you think</span> <span class="cue" id="t-1324" data-t="1324">that those X do you think the the Bradenton purses predictions are</span> <span class="cue" id="t-1329" data-t="1329">too bullish or too bearish? What do you what would you predict being closer to the source of, you know,</span> <span class="cue" id="t-1334" data-t="1334">significant</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1335">22:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1335" data-t="1335">things that might take place?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1338">22:18</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1338" data-t="1338">You know, I think this is the year,</span> <span class="cue" id="t-1340" data-t="1340">there's there's little question in my mind that this is the year that, the Samsung and Mount God candle becomes a reality and that we just go straight to a million. We just 10 x directly from here. I can't see how that doesn't happen.</span> <span class="cue" id="t-1352" data-t="1352">You know, I've been listening to the likes</span> <span class="cue" id="t-1355" data-t="1355">of Preston Pysh and James Lavish for years, and, you know, they've been</span> <span class="cue" id="t-1360" data-t="1360">they've just been so right all along that, you know, we're just we're on pace to get to that million dollar Bitcoin,</span> <span class="cue" id="t-1367" data-t="1367">that's coming.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1368">22:48</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1368" data-t="1368">You know, I hope that, you know, I'm I'm I'm I'm just assuming that The United States essentially hyperinflates the dollar in efforts to buy as much Bitcoin as possible for the strategic Bitcoin reserve. Seems like the only fair thing to do.</span> <span class="cue" id="t-1381" data-t="1381">To quote Sailor, you know, everybody gets in at the price they deserve. And I think for all the hardworking Americans</span> <span class="cue" id="t-1387" data-t="1387">that, haven't gotten in yet, we owe it to them to hyperinflate the money that they earn and and save in if it's not Bitcoin to teach them a lesson and to get them into Bitcoin as soon as possible. So, yeah, I'm predicting Samsung, Mount God candle comes true within the next few months or at least by year's end. We're at a million dollar Bitcoin. It never comes back back down. We don't see a bear market ever again.</span> <span class="cue" id="t-1409" data-t="1409">Million dollar Bitcoin is now the new baseline, and,</span> <span class="cue" id="t-1413" data-t="1413">yep, we just move into this, Bitcoin utopia that that all the macro analysts have been sort of, you know,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1420">23:40</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1420" data-t="1420">teaching us about for the last since really since about 2020, 2021.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1424">23:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1424" data-t="1424">Yeah. Yeah. I've, you know, I have a lot of friends who</span> <span class="cue" id="t-1429" data-t="1429">they we talk about Bitcoin. They mentioned that Zeel, like you mentioned, Preston Pysh is kind of who orange pillowed them. And</span> <span class="cue" id="t-1437" data-t="1437">especially</span> <span class="cue" id="t-1438" data-t="1438">this this cycle with MicroStrategy</span> <span class="cue" id="t-1440" data-t="1440">and, you know, he they they like when when Preston talks about, you know, Mike Michael Sailor has, like, you know, found the infinite money glitch. Right? And it just reminds me of my own experience when</span> <span class="cue" id="t-1451" data-t="1451">because last cycle, because I just blog Bitcoin podcast, I would love to listen to Preston explain</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1456">24:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1456" data-t="1456">how much of a slam dunk the GBTC</span> <span class="cue" id="t-1459" data-t="1459">arbitrage was. And it was just such a pleasure to learn about,</span> <span class="cue" id="t-1464" data-t="1464">how to make money, you know, going long and short Bitcoin and and and GBTC</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1470">24:30</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1470" data-t="1470">at the same time. And it was it was it was a slam dunk move. I mean, it was the only play at the time. And if you if you weren't,</span> <span class="cue" id="t-1478" data-t="1478">taking advantage of that arbitrage, I mean, we know that everybody who didn't do that lost. And, it was,</span> <span class="cue" id="t-1484" data-t="1484">it was an obvious play.</span> <span class="cue" id="t-1486" data-t="1486">We're grateful to Preston for bringing it to our attention. I'm happy I capitalized on it myself. I'm better off as a result of it.</span> <span class="cue" id="t-1493" data-t="1493">And, yeah, can't we can't say enough about the the Bitcoin macro podcasters.</span> <span class="cue" id="t-1498" data-t="1498">They've, they've opened our eyes to a world of, finance meets meets meets Bitcoin that we just wouldn't have seen otherwise.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1505">25:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1505" data-t="1505">This is the,</span> <span class="cue" id="t-1507" data-t="1507">the importance of forty hours per week.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1510">25:10</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1510" data-t="1510">No question.</span> <span class="cue" id="t-1512" data-t="1512">Yeah. Without a doubt. You're talking about, consuming upwards of, either forty hours of Bitcoin podcasts or just Bitcoin educational materials, I'm assuming?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1520">25:20</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1520" data-t="1520">Mhmm. Yeah. Absolutely. Forty hours of podcast per week. Yep. Yep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1525">25:25</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1525" data-t="1525">Yeah. There's I'm not sure what else you would do for forty hours a week. I mean, with with all the information out, with all the brilliance out there, with all of the the incredible perspectives,</span> <span class="cue" id="t-1535" data-t="1535">we owe it to ourselves to essentially spend that much time.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1538">25:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1538" data-t="1538">But Yeah. I'm always curious</span> <span class="cue" id="t-1541" data-t="1541">to know how people</span> <span class="cue" id="t-1543" data-t="1543">structure</span> <span class="cue" id="t-1544" data-t="1544">their forty hours per week. Some people, you know, they they listen to mostly macro. Some people might listen to,</span> <span class="cue" id="t-1553" data-t="1553">you know,</span> <span class="cue" id="t-1554" data-t="1554">Marty and,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1557">25:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1557" data-t="1557">and Odell. They've got several podcasts. You do you have three or forty hours per week just from those guys and a lot of people do. And</span> <span class="cue" id="t-1564" data-t="1564">how do you do how you break it up? Do you do like 10% privacy podcast,</span> <span class="cue" id="t-1568" data-t="1568">10%</span> <span class="cue" id="t-1570" data-t="1570">shouldn't you know spaces or something you kind of substitute that for podcast? What do you do? How do you get your forty hours? How do you break it down? I'm glad you brought that up. You know, I think spaces should be included as podcasts.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1581">26:21</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1581" data-t="1581">They, you know, live stream spaces, these things,</span> <span class="cue" id="t-1585" data-t="1585">they're okay.</span> <span class="cue" id="t-1588" data-t="1588">I start with some of the basics. You know, thank goodness Danny Knowles has,</span> <span class="cue" id="t-1592" data-t="1592">has resurrected</span> <span class="cue" id="t-1594" data-t="1594">the greatest Bitcoin podcast that ever was, what Bitcoin did.</span> <span class="cue" id="t-1597" data-t="1597">We're grateful to Danny for that. So I do a little bit of, you know, a broader overview,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1602">26:42</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1602" data-t="1602">with what Bitcoin did. Nice range of, you know,</span> <span class="cue" id="t-1606" data-t="1606">cycling in the same 10 guests or so. It's like the it's the perfect way to do it if you're gonna podcast. We wanna see we wanna see Lynn there. We wanna see, just listen to, you know, Jameson Lop on there. So just getting, everything from the macro to the safety, you know, to the to getting your setup correct, all that kind of stuff.</span> <span class="cue" id="t-1625" data-t="1625">I don't do too much of the spaces. I have to host them, so I don't have as much time to, to spend in the spaces. Sometimes there's a little bit of noise there. I like to keep it just strong signal only.</span> <span class="cue" id="t-1637" data-t="1637">We got NVK's podcast talking about things that are a bit more technical, a little bit more about privacy.</span> <span class="cue" id="t-1643" data-t="1643">That's important.</span> <span class="cue" id="t-1644" data-t="1644">But, honestly, it's more of just an intuition thing. I like to see what well, I've well, then obviously, there's Marty and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1651">27:31</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1651" data-t="1651">there's Marty and Odell, which we need to listen to as well.</span> <span class="cue" id="t-1655" data-t="1655">I think it's really important that we listen to venture capitalists talk their book when they're talking about different</span> <span class="cue" id="t-1660" data-t="1660">technology that we could use. I think it's important that,</span> <span class="cue" id="t-1663" data-t="1663">there's no</span> <span class="cue" id="t-1665" data-t="1665">you know, that that that level of partiality,</span> <span class="cue" id="t-1668" data-t="1668">is is really important for us to know that when people are telling us to use certain products, that they have a stake in those products and that we should be using them because it will financially benefit</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1679">27:59</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1679" data-t="1679">the people talking about those products. And that's really important for, for listeners to keep in mind.</span> <span class="cue" id="t-1685" data-t="1685">But, yeah, I just follow my gut, to be honest. You know, I I have my fountain app. I, subscribe to to all the Bitcoin podcasts on there.</span> <span class="cue" id="t-1693" data-t="1693">I see, I see which tile really tickles my fancy that day, and I just click on that podcast, and I get going from there, see where the day takes me.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1701">28:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1701" data-t="1701">Yeah. There's I mean, it's hard to describe the feeling when you got the day to yourself and you can you got several hours to listen to podcasts and you open your phone and you got a notification. Like, there's Jeff Booth on what Bitcoin did. It's like my Saturday afternoon is booked. That's it. Or or being</span> <span class="cue" id="t-1719" data-t="1719">nothing's better nothing's better than Lynn Alden. I mean, it doesn't matter really honestly which which show she's on. The longer the show, the better. But, yeah, we're huge fans of Lynn Alden here.</span> <span class="cue" id="t-1730" data-t="1730">The the Lynn Alden is is hot. Yeah. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1733">28:53</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1733" data-t="1733">I mean, Lyn Alden</span> <span class="cue" id="t-1735" data-t="1735">is everything, if you will. She's</span> <span class="cue" id="t-1737" data-t="1737">a stellar human being, hot,</span> <span class="cue" id="t-1740" data-t="1740">the the whole the whole nine. I mean, the the greatest macro analyst and amazing venture capitalist.</span> <span class="cue" id="t-1746" data-t="1746">We're we're just, you know, we're we're lucky to have her in the space. And,</span> <span class="cue" id="t-1751" data-t="1751">as you said, you know, the more podcast she's on, the better. The longer those podcasts are, the better. And, we should make time for our Saturday Yeah. Saturday and Sunday afternoons to listen to her.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1762">29:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1762" data-t="1762">I think</span> <span class="cue" id="t-1764" data-t="1764">one of</span> <span class="cue" id="t-1765" data-t="1765">the best things that can happen to Bitcoin so we we should get into Trump a little bit Yeah. Here next. But, like, just to kind of bring that topic up</span> <span class="cue" id="t-1774" data-t="1774">His a I think you mentioned something about Donald Trump.</span> <span class="cue" id="t-1778" data-t="1778">He has a lot of people trying to get his attention and he has a pretty short attention span. Easy to get bored.</span> <span class="cue" id="t-1784" data-t="1784">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1786">29:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1786" data-t="1786">But when I think</span> <span class="cue" id="t-1788" data-t="1788">of who</span> <span class="cue" id="t-1789" data-t="1789">he should be around him to help guide him and counsel him, and I'm trying to think of, well, Trump respects a girl who's hot and he's really smart. I think</span> <span class="cue" id="t-1798" data-t="1798">Lynn Alden has never had any problem</span> <span class="cue" id="t-1801" data-t="1801">holding somebody's attention when she's talking about macroeconomics</span> <span class="cue" id="t-1805" data-t="1805">and having her</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1807">30:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1807" data-t="1807">almost like</span> <span class="cue" id="t-1808" data-t="1808">giving having private podcast session, Bitcoin podcast session, macro discussions with with President Trump.</span> <span class="cue" id="t-1814" data-t="1814">I think that we would really be able to catch his attention. I think that he's you know, he promised the the SBR, the strategic Bitcoin reserve,</span> <span class="cue" id="t-1823" data-t="1823">first day. It's been a couple weeks.</span> <span class="cue" id="t-1826" data-t="1826">You know, he's got while he's doing a lot of things. You know, some people are worried that occupying the Gaza Strip will distract him from the SBR.</span> <span class="cue" id="t-1834" data-t="1834">I don't think so. I think he'll get to it, but I think Lynn Alden</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1838">30:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1838" data-t="1838">would be a a a real</span> <span class="cue" id="t-1839" data-t="1839">a real sage advice for him.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1842">30:42</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1842" data-t="1842">No question. And as far as the SBR, to quote Lynn Alden, nothing stops the strain. SBR is happening one way or another.</span> <span class="cue" id="t-1849" data-t="1849">It's a it's a mandate from heaven at this point, and, it's going to happen regardless.</span> <span class="cue" id="t-1855" data-t="1855">Think Lynn would be great as maybe, I think you were hinting at maybe her being a bit of an economic adviser to Trump. I think that'll be perfect.</span> <span class="cue" id="t-1862" data-t="1862">You know, I think she has a real ability to sort of, distill information in a way that would keep Trump's attention.</span> <span class="cue" id="t-1871" data-t="1871">You know, at the same time, the Fergie likes cheeseburgers, and Trump likes cheeseburgers. So, I mean, yeah, they have they'll have that.</span> <span class="cue" id="t-1879" data-t="1879">Yeah. It's it seems like a no brainer to have Lynn in there sort of, to explaining to, to Trump,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1885">31:25</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1885" data-t="1885">you know, just the way he needs to be thinking about Bitcoin,</span> <span class="cue" id="t-1889" data-t="1889">you know, especially as a macro asset, not necessarily as money, but really as an investable asset and, something that will keep the The United States and the deep state afloat. You know,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1900">31:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1900" data-t="1900">one of the things we talked about when we started here is like,</span> <span class="cue" id="t-1904" data-t="1904">it's gonna be crazy. Like, do we replay Big One magazine is kind of becoming like the state run media.</span> <span class="cue" id="t-1911" data-t="1911">And</span> <span class="cue" data-t="1911">it was</span> <span class="cue" id="t-1913" data-t="1913">the the state run media that we had before</span> <span class="cue" id="t-1916" data-t="1916">2025</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1917">31:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1917" data-t="1917">was</span> <span class="cue" id="t-1919" data-t="1919">the worst time. The kind that basically was on the Fiat standard, not the Bitcoin standard.</span> <span class="cue" id="t-1925" data-t="1925">But in this case, like,</span> <span class="cue" id="t-1927" data-t="1927">David Bailey and Bitcoin Magazine kind of saw this coming and they they kind of propelled</span> <span class="cue" id="t-1932" data-t="1932">the president to power. The president president Trump owes Bitcoiners.</span> <span class="cue" id="t-1936" data-t="1936">So it's the it's the state run media, but Bitcoin Magazine</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1940">32:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1940" data-t="1940">has equity in this administration. They have equity in the state now. So it's it is not this, you know,</span> <span class="cue" id="t-1949" data-t="1949">predatory,</span> <span class="cue" id="t-1951" data-t="1951">untrustworthy</span> <span class="cue" id="t-1952" data-t="1952">relationship. It's you are now able to be pumped into the Oval Office, into the White House, and you'll be able to tell the plebs and Bitcoin podcasters</span> <span class="cue" id="t-1960" data-t="1960">what's going down.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1962">32:42</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1962" data-t="1962">This is, yeah, this is the magic of what's going on and what David has done. So, yes, we'll be able to not only sort of tell the plebs what's going on</span> <span class="cue" id="t-1971" data-t="1971">from the White House perspective, but be the voice of the plebs in the White House, right, in in the in the White House, in the press room, at press conferences with our crypto czar, David Sachs.</span> <span class="cue" id="t-1982" data-t="1982">You know? And I think that, there's really no greater honor. I think what David has done for the Bitcoin community</span> <span class="cue" id="t-1989" data-t="1989">in getting us to that sort of place where we could where we could truly speak on behalf</span> <span class="cue" id="t-1993" data-t="1993">of, of your everyday Bitcoiner and, and make sure that the president is,</span> <span class="cue" id="t-1998" data-t="1998">hearing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1999">33:19</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-1999" data-t="1999">their words through us as a vessel,</span> <span class="cue" id="t-2001" data-t="2001">is tremendous because there's no question that Trump isn't going to listen to every single word we said that, you know, we just have to speak up a little bit more to maybe,</span> <span class="cue" id="t-2011" data-t="2011">to explain to him that, you know,</span> <span class="cue" id="t-2013" data-t="2013">being on the Bitcoin standard is the way to go and that all this talk of stablecoins that maybe you heard yesterday really isn't the way to go. Once we can, fully get our voices heard, we know that that we're gonna change direction there and that, you know, that's in and all of this talk about, stablecoins and how it's a great,</span> <span class="cue" id="t-2031" data-t="2031">way to sort of, have, these companies sort of hold these, treasuries and buy treasuries.</span> <span class="cue" id="t-2037" data-t="2037">That whole plan will be abandoned Despite the fact that Elon is now talking about putting treasuries on the blockchain,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2042">34:02</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2042" data-t="2042">we we'll get all of that changed,</span> <span class="cue" id="t-2044" data-t="2044">you know, again, thanks to David's work.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2047">34:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2047" data-t="2047">Right. Like in</span> <span class="cue" id="t-2049" data-t="2049">you don't want to tokenize</span> <span class="cue" id="t-2051" data-t="2051">and call the token a US Treasury because then</span> <span class="cue" id="t-2054" data-t="2054">it's gonna be so they're gonna have to be so compliant. You have to change the logo,</span> <span class="cue" id="t-2060" data-t="2060">then you have to call something else like Tether</span> <span class="cue" id="t-2062" data-t="2062">or USDC was stupid. That's why USDC sucks. It is like it's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2067">34:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2067" data-t="2067">being too obvious that it's the dollar. Totally. Gotta have a cool name for it, but like Tether is good enough. Yeah. And and you still have treasuries on on the blockchain,</span> <span class="cue" id="t-2076" data-t="2076">but you just don't</span> <span class="cue" id="t-2078" data-t="2078">the congressman, some seven year old, he doesn't, you know,</span> <span class="cue" id="t-2081" data-t="2081">he's too retarded for that. He doesn't know what Tether is.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2085">34:45</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2085" data-t="2085">So they don't they don't try to make it compliant. But, you know, putting you know? So I want I'd like to make a point about Tether. I'd like to say that Tether essentially, I think, is Bitcoin at this point now that, Taproot with Taproot assets and what, Lightning Labs have done by bringing</span> <span class="cue" id="t-2100" data-t="2100">Tether to Bitcoin and Lightning.</span> <span class="cue" id="t-2102" data-t="2102">I'd I'd like to sort of maybe</span> <span class="cue" id="t-2105" data-t="2105">you know, I think it's given Tether a new edge. Some of us have been a little bit hard on Tether,</span> <span class="cue" id="t-2110" data-t="2110">but I think now just given how close it is, technologically</span> <span class="cue" id="t-2114" data-t="2114">to Bitcoin, I like to sort of think of it as something,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2117">35:17</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2117" data-t="2117">you know, it's it's a lot cooler again. Tether on Tron</span> <span class="cue" id="t-2121" data-t="2121">wasn't so cool. Forget about something like USDC. That's been sort of vanilla and uncool from day one. But, you know, I think Tether</span> <span class="cue" id="t-2129" data-t="2129">in this rebranding that it's doing you know, I saw I saw Paolo, Arduino the other day post this amazing video of this this big sort of</span> <span class="cue" id="t-2137" data-t="2137">ominous cool building that, they're gonna build,</span> <span class="cue" id="t-2142" data-t="2142">in I think it's in El Salvador, Tether headquarters or something. And Michael Sailor actually, you know, he was talking about the importance of maybe Tether coming to New York, just being this sort of</span> <span class="cue" id="t-2151" data-t="2151">stablecoin king.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2153">35:53</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2153" data-t="2153">You know, I think Tether's in the it's in the middle of, and and shout, you know, shout out to Mark Goodwin while I'm talking about Tether. You know, I think Tether is in the middle of a rebrand that maybe even the likes of Mark, you know, just</span> <span class="cue" id="t-2164" data-t="2164">weren't ready for. And, you know, now that it's so intimately tied in with Bitcoin, you know, I think its best days are are ahead of it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2172">36:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2172" data-t="2172">They're mid</span> <span class="cue" id="t-2173" data-t="2173">they're pretty aggressively investing in growing Rumble</span> <span class="cue" id="t-2176" data-t="2176">as well as like a YouTube competitor</span> <span class="cue" id="t-2179" data-t="2179">and adding,</span> <span class="cue" id="t-2181" data-t="2181">Tether payments to,</span> <span class="cue" id="t-2183" data-t="2183">content creators which will</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2186">36:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2186" data-t="2186">be huge boon for the global South. Tether on Tron</span> <span class="cue" id="t-2190" data-t="2190">being able to monetize their content.</span> <span class="cue" id="t-2194" data-t="2194">You know,</span> <span class="cue" id="t-2195" data-t="2195">what you said about Mark really resonated with me. What I've been thinking is that</span> <span class="cue" id="t-2199" data-t="2199">Tether is gonna impress Mark and win him over by</span> <span class="cue" id="t-2203" data-t="2203">his marketing unit. He talks</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2205">36:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2205" data-t="2205">about treasuries in the Murgle route. And one of the things I talked about earlier</span> <span class="cue" id="t-2210" data-t="2210">was that</span> <span class="cue" id="t-2211" data-t="2211">the feds are, you know, they're learning they're getting orange pill too. And right now we just have the men pool cleared. It seems like we just with, especially with the organelles, especially with Doody and the shitcoiners,</span> <span class="cue" id="t-2222" data-t="2222">we're having a real hard time</span> <span class="cue" id="t-2224" data-t="2224">figuring out how to balance and value</span> <span class="cue" id="t-2227" data-t="2227">UTXO's.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2228">37:08</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2228" data-t="2228">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2229">37:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2229" data-t="2229">And and how to use that block space. And I think Tether is gonna come in and be like, listen, we're going to use the dollar</span> <span class="cue" id="t-2237" data-t="2237">and we're going to provide Bitcoin</span> <span class="cue" id="t-2239" data-t="2239">with,</span> <span class="cue" id="t-2241" data-t="2241">these services because we, the feds, we figure out how to value and use UTXOs</span> <span class="cue" id="t-2246" data-t="2246">better</span> <span class="cue" id="t-2247" data-t="2247">than than everybody else did.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2249">37:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2249" data-t="2249">And and that's it's gonna be such a bullish</span> <span class="cue" id="t-2253" data-t="2253">bullish event that I think Mark will finally kind of admit</span> <span class="cue" id="t-2257" data-t="2257">that,</span> <span class="cue" id="t-2258" data-t="2258">the Tether is good for big?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2261">37:41</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2261" data-t="2261">100%.</span> <span class="cue" id="t-2262" data-t="2262">And that and that the real purpose of Bitcoin is to strengthen the US dollar, which is what we're talking about with the SBR here. We're gonna inflate</span> <span class="cue" id="t-2270" data-t="2270">you know, we're we're gonna</span> <span class="cue" id="t-2272" data-t="2272">we're gonna make sure that the dollar stays strong.</span> <span class="cue" id="t-2275" data-t="2275">You know, I think the global south, they need it. Right? You know, who who needs Bitcoin when you can have something that's completely permissioned that's that's that's so well run by a company like Tether.</span> <span class="cue" id="t-2287" data-t="2287">That's so just that's so just remarkably stable.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2290">38:10</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2290" data-t="2290">And I think that</span> <span class="cue" id="t-2292" data-t="2292">Mark, you know, he DM'd me earlier. He's starting to see this. He he he obviously has been a bit critical.</span> <span class="cue" id="t-2299" data-t="2299">You know, wrote that amazing book, The Bitcoin Dollar. And I think that, you know, at first,</span> <span class="cue" id="t-2305" data-t="2305">there was a lot of negative connotation, you know, with what he was, talking about here, but he's really starting to come</span> <span class="cue" id="t-2312" data-t="2312">around to it and starting to understand. You know, when when Paolo Arduinos says that he's a Bitcoiner,</span> <span class="cue" id="t-2315" data-t="2315">you know, Mark wasn't taking those words at face value, and I think he's starting to to see that Paolo really is a Bitcoiner.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2321">38:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2321" data-t="2321">Mhmm. Right. Damn.</span> <span class="cue" id="t-2324" data-t="2324">Yeah. I think Paolo, one of his,</span> <span class="cue" id="t-2326" data-t="2326">shortcomings</span> <span class="cue" id="t-2328" data-t="2328">is he doesn't go</span> <span class="cue" id="t-2329" data-t="2329">on enough podcast. He's too busy</span> <span class="cue" id="t-2332" data-t="2332">getting dollars in the hands of the global South.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2335">38:55</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2335" data-t="2335">No question. Yeah. I mean,</span> <span class="cue" id="t-2338" data-t="2338">basically, you know, male version of Mother Teresa in a way. He's, you know, single handedly saving the global South by getting, you know, more dollars in their hands.</span> <span class="cue" id="t-2347" data-t="2347">And, yeah, he he does he does a fair share of conferences, though. I've seen Paulo at conferences,</span> <span class="cue" id="t-2352" data-t="2352">adopting Bitcoin. I think he was just at plan b in, obviously, if they cosponsored that in El Salvador.</span> <span class="cue" id="t-2358" data-t="2358">So while he's not necessarily,</span> <span class="cue" id="t-2361" data-t="2361">super strong on the pod the podcast circuit, definitely doing the conference circuit.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2366">39:26</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2366" data-t="2366">And what I like is that, you know, he's not very approachable at these conferences. There's a mystique. He's,</span> <span class="cue" id="t-2372" data-t="2372">sort of like a rock star, if you will. He's out there. He's a man of the people, but difficult to approach at the same time,</span> <span class="cue" id="t-2379" data-t="2379">oddly enough. A strange juxtaposition, but he, you know, he he plays the role well.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2384">39:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2384" data-t="2384">If you're one of the biggest owners of,</span> <span class="cue" id="t-2387" data-t="2387">US treasuries</span> <span class="cue" id="t-2388" data-t="2388">in the world,</span> <span class="cue" id="t-2389" data-t="2389">you kinda have to be unapproachable.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2392">39:52</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2392" data-t="2392">You know what I mean? I think that's fair. Yeah. It's sort of the equivalent</span> <span class="cue" id="t-2396" data-t="2396">of, of owning a lot of Bitcoin and not wanting to get wrench attacked. You have to just sort of keep yourself in the background, you know, keep a low profile and,</span> <span class="cue" id="t-2406" data-t="2406">and, you know, just just,</span> <span class="cue" id="t-2409" data-t="2409">stay hard at work and, you know,</span> <span class="cue" id="t-2412" data-t="2412">you're obviously the work you're doing is the Lord's work. You don't necessarily have to be out there with the people shaking hands, but, you know, just keeping that low profile, keeping your head down, doing what you need to do. I think one of the biggest challenges</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2424">40:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2424" data-t="2424">for lobbyists right now or well, let me let me set</span> <span class="cue" id="t-2428" data-t="2428">this first before I go into that.</span> <span class="cue" id="t-2431" data-t="2431">One of the tactical mistakes</span> <span class="cue" id="t-2433" data-t="2433">that Corey Klipsch did made Mhmm. In working with Tether</span> <span class="cue" id="t-2438" data-t="2438">was he did not wait for Tether to be on Lightning.</span> <span class="cue" id="t-2442" data-t="2442">Mhmm. He jumped in trying to use</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2445">40:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2445" data-t="2445">dollars to make Bitcoin stronger when it was still primarily used on Tron and Ethereum.</span> <span class="cue" id="t-2451" data-t="2451">That's right. It was a very big tactical mistake.</span> <span class="cue" id="t-2455" data-t="2455">Now one of the challenges</span> <span class="cue" id="t-2457" data-t="2457">that lobbyists have right now, and I know the Bitcoin Policy Institute, I know Dennis Porter, they're working very hard on this, David Bailey as well. The challenge is,</span> <span class="cue" id="t-2466" data-t="2466">as they attempt to put the government on the blockchain,</span> <span class="cue" id="t-2471" data-t="2471">is how do we</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2472">41:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2472" data-t="2472">get them to do the on the Bitcoin blockchain</span> <span class="cue" id="t-2475" data-t="2475">instead of an altcoin blockchain?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2477">41:17</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2477" data-t="2477">Yeah.</span> <span class="cue" id="t-2479" data-t="2479">Taproot assets,</span> <span class="cue" id="t-2481" data-t="2481">you know,</span> <span class="cue" id="t-2483" data-t="2483">again, the the model now being set with Tether, what Elizabeth Stark and Ryan Gentry have pulled off here, just absolutely stunning. You know, shout out to Corey, was a visionary</span> <span class="cue" id="t-2492" data-t="2492">in partnering with Tether. Maybe just a little bit early, as you said. You know, just Tether was still,</span> <span class="cue" id="t-2499" data-t="2499">still doing its Tron thing, a little bit of Ethereum. Some people are just early. You know, it doesn't mean they were wrong. They were they're just a little bit early. So I think with Corey, that was the case. There was we appreciate yeah. The true visionary, I mean, Jack Mallers and Stripe partnered with Tether in, like, 2020,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2516">41:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2516" data-t="2516">2021.</span> <span class="cue" id="t-2518" data-t="2518">You know, they didn't brag about it. They didn't go around, like,</span> <span class="cue" id="t-2522" data-t="2522">making everybody else feel embarrassed because they weren't smart enough to do it too.</span> <span class="cue" id="t-2527" data-t="2527">They just stepped their head down</span> <span class="cue" id="t-2529" data-t="2529">and built</span> <span class="cue" id="t-2531" data-t="2531">just a great, you know, way to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2535">42:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2535" data-t="2535">a great lightning network to</span> <span class="cue" id="t-2537" data-t="2537">really help the dollar grow. Yeah. A real a real foundation for the dollar</span> <span class="cue" id="t-2543" data-t="2543">to kind of</span> <span class="cue" id="t-2544" data-t="2544">spark interest</span> <span class="cue" id="t-2545" data-t="2545">in people's minds in the global South and then they, you know, they started building on Tron in other networks, but you know, you you could definitely say that that's</span> <span class="cue" id="t-2554" data-t="2554">Stripe was one of the one of the early people down</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2557">42:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2557" data-t="2557">there educating and onboarding the global South and onto Tether and it's you know they don't get enough respect for that. No question. Yeah. I mean, deep down,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2566">42:46</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2566" data-t="2566">you know, Jack is a Bitcoiner, but he loves a dollar just as much, and that's, something that often doesn't get that doesn't get settled out. He's a good American. He loves a dollar. His closets can't be filled by things you buy with Bitcoin. You don't have dollars for, you know, backup.</span> <span class="cue" id="t-2579" data-t="2579">That's correct. Yeah. And Jack knows that too. You know, he's he's he's a bit of a showman. He's out there. He's doing the press circuit, so he's gotta he's gotta say things in a certain light. I think it's up to us plebs to sort of acknowledge what Jack's really about, though, and, we appreciate we appreciate.</span> <span class="cue" id="t-2595" data-t="2595">You know, I think again, much like what Mark Goodwin's coming around to, he gets that Bitcoin is here to strengthen the dollar, and, it's it's been clear since 2020 that he gets that. And,</span> <span class="cue" id="t-2605" data-t="2605">you know, he can't say it outright sometimes. We'll say it for him, and we can also say that we appreciate the work he's doing. So, yeah. Shout out to you, Jack. Yeah. If I was Jack, I would, you know, I would maybe say to Corey, it's like,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2617">43:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2617" data-t="2617">don't impress me with what you're doing it to you.</span> <span class="cue" id="t-2620" data-t="2620">Just</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2621">43:41</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2621" data-t="2621">impress me with what you've already done. Yeah. That's right. Yeah. And I think if I had to guess, Jack is impressed with the fact that Corey was early, that he was early to Tether. Eve even though, you know, he he might have just missed it by a little bit. Now there's a little bit of beef and the lawsuit and everything like that. I'm sure that'll all be settled,</span> <span class="cue" id="t-2641" data-t="2641">but I think</span> <span class="cue" id="t-2642" data-t="2642">deep down, Jack gets that. Corey got it.</span> <span class="cue" id="t-2646" data-t="2646">Again, some, you know, certain visionaries, they're just, they're just ahead of their time, and it just is what it is.</span> <span class="cue" id="t-2652" data-t="2652">But history will look favorably on on the moves that Corey made and Jack already does as far as, you know, as far as I know. Yeah. I think everybody can agree that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2660">44:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2660" data-t="2660">nothing's</span> <span class="cue" id="t-2661" data-t="2661">more cypherpunk than Pacific Bitcoin, so we really wanna see that come back.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2666">44:26</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2666" data-t="2666">I mean, I I I don't I don't know much about what happened this year I do look forward to seeing it back Super Cypherpunk</span> <span class="cue" id="t-2672" data-t="2672">I think they had,</span> <span class="cue" id="t-2675" data-t="2675">was it Sailor usually headlines over at Pacific Bitcoin?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2679">44:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2679" data-t="2679">Yeah. Sailor, Sam Callahan,</span> <span class="cue" id="t-2682" data-t="2682">James Lavish,</span> <span class="cue" id="t-2683" data-t="2683">Greg Foss. I mean, the macro elders are well represented.</span> <span class="cue" id="t-2688" data-t="2688">Lynn Alden's always there. Yeah. Preston Pich, of course. I mean, you did a fireside with Sam Callahan and Preston Pich, and that's just the appetizer</span> <span class="cue" id="t-2697" data-t="2697">for Sailor and Max Keiser. You know what I mean? Amen. I mean,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2702">45:02</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2702" data-t="2702">these are,</span> <span class="cue" id="t-2703" data-t="2703">these are the cypherpunks that have been in the trenches since the beginning. And, you know, on top of that, we're we're lucky enough to also have them as macro analysts. I mean, really, how how few sort of Cypherpunk slash macro analysts are there out there, and they're all at Pacific Bitcoin?</span> <span class="cue" id="t-2720" data-t="2720">You know,</span> <span class="cue" id="t-2721" data-t="2721">you know, hat tip is all I can say there.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2724">45:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2724" data-t="2724">You gotta throw it up to the people who proved that cypherpunks can wear pleated khakis.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2730">45:30</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2730" data-t="2730">It's it's a beautiful thing. You know, it's actually this actually brings up a really funny</span> <span class="cue" id="t-2734" data-t="2734">point. I was with, Aaron von Weerdom, our editor in chief at Bitcoin Magazine,</span> <span class="cue" id="t-2739" data-t="2739">And I think I was wearing,</span> <span class="cue" id="t-2741" data-t="2741">a Gap shirt that I got from my local thrift store, and,</span> <span class="cue" id="t-2745" data-t="2745">and his girlfriend made fun of me for it. She was just like, look at this guy. He looks like, you know, your your your average Joe sorta thing. He doesn't look counterculture at all. When I was trying to explain to her, I was like, the new counterculture in Bitcoin</span> <span class="cue" id="t-2758" data-t="2758">is is being counter counterculture.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2761">46:01</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2761" data-t="2761">It is the khakis. It is the gap shirt. Right? It's it's fitting in. It's, it's it's being</span> <span class="cue" id="t-2768" data-t="2768">it's not necessarily</span> <span class="cue" id="t-2770" data-t="2770">looking different or being antisocial.</span> <span class="cue" id="t-2772" data-t="2772">It's looking like your average finance pro, your average guy who doesn't get Bitcoin. This, I think, is the new way to sort of, to,</span> <span class="cue" id="t-2780" data-t="2780">to be, I guess, a wolf in sheep's clothing, if you will.</span> <span class="cue" id="t-2783" data-t="2783">You know, a cypherpunk in sheep's clothing.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2786">46:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2786" data-t="2786">Right. Right. Right.</span> <span class="cue" id="t-2788" data-t="2788">If, you know, you were stumble upon Luke Dash or, you know, he's it's gonna be given away pretty quick</span> <span class="cue" id="t-2795" data-t="2795">that this guy is</span> <span class="cue" id="t-2797" data-t="2797">like super cypherpunk</span> <span class="cue" id="t-2799" data-t="2799">could probably steal my wallet without even, like, touching the table, dig all my bitcoin, but</span> <span class="cue" id="t-2805" data-t="2805">you see, you see, you see somebody wearing, you know, the the Patagonia vest Yeah. And you're like, this guy, you know, he's gonna wanna talk treasuries, but they don't know what you got in cold storage. No question. Yeah. There's no question. I think that's the,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2818">46:58</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2818" data-t="2818">I think that's yeah. Like I said, I think that's the new uniform if you're really trying to sort of keep a low profile as you should as we've been worn to, the Patagonia vest, the khakis.</span> <span class="cue" id="t-2830" data-t="2830">You know, it it it seems like really the only way to go at this point.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2835">47:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2835" data-t="2835">One important thing I wanna ask you before we wrap up</span> <span class="cue" id="t-2840" data-t="2840">is</span> <span class="cue" id="t-2841" data-t="2841">what's going on with the samurai case right now? I know you've been covering that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2847">47:27</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2847" data-t="2847">Yeah.</span> <span class="cue" id="t-2848" data-t="2848">Yeah. The samurai case, important case. I'm actually hoping to be able to,</span> <span class="cue" id="t-2854" data-t="2854">I'm total I'm spacing right now. I'm forgetting. I think it's Keon who's based out in Pennsylvania hoping to actually, when possible,</span> <span class="cue" id="t-2861" data-t="2861">maybe even go visit, have a conversation. But,</span> <span class="cue" id="t-2865" data-t="2865">you know, with the samurai case,</span> <span class="cue" id="t-2867" data-t="2867">whenever I tell whenever I see those guys in the courtroom in the Southern District and outside the courtroom,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2873">47:53</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2873" data-t="2873">I tried to stress to them the importance of compliance. You know, they made a mistake,</span> <span class="cue" id="t-2878" data-t="2878">and,</span> <span class="cue" id="t-2879" data-t="2879">it's time for you know, they they get how important compliance is at this point. And I think the the judge can see</span> <span class="cue" id="t-2885" data-t="2885">that they're sorry for what they did, that they wanna be compliant, and, you know, and that that that'll it'll be it'll be it'll be all good. I think that they've</span> <span class="cue" id="t-2894" data-t="2894">they're sort of,</span> <span class="cue" id="t-2897" data-t="2897">going through their reconciliation</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2898">48:18</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2898" data-t="2898">process,</span> <span class="cue" id="t-2900" data-t="2900">and it should be alright. You know? And I think also,</span> <span class="cue" id="t-2903" data-t="2903">I do plan</span> <span class="cue" id="t-2904" data-t="2904">to to bring this up with the Trump administration</span> <span class="cue" id="t-2907" data-t="2907">when I get to ask my questions,</span> <span class="cue" id="t-2910" data-t="2910">either to our crypto czar or to Trump himself or his press secretary.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2915">48:35</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2915" data-t="2915">You know, I think</span> <span class="cue" id="t-2918" data-t="2918">the samurai</span> <span class="cue" id="t-2920" data-t="2920">the samurai devs have realized,</span> <span class="cue" id="t-2923" data-t="2923">you know, that it that it's not that big a deal for people to be identified on the blockchain. Bit Bitcoin is pseudonymous. Right? It's not purely anonymous, and I think that they're just at peace with that. They get that at this point. They're they're not you know, they get that Bitcoin didn't really need to be mixed.</span> <span class="cue" id="t-2939" data-t="2939">It was something that some people wanted, but it wasn't really</span> <span class="cue" id="t-2943" data-t="2943">a necessity. And given how much of a presence</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2946">49:06</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-2946" data-t="2946">there is of CIA and deep state</span> <span class="cue" id="t-2949" data-t="2949">in the Bitcoin space at this point, you know, it's just sort of a foregone conclusion that they're gonna be able to trace any transactions we make anyway, and the samurai guys get that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2958">49:18</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-2958" data-t="2958">Yeah. You know,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2960">49:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2960" data-t="2960">I think that I'm hoping</span> <span class="cue" id="t-2963" data-t="2963">that we've kind of reached,</span> <span class="cue" id="t-2965" data-t="2965">an inflection point.</span> <span class="cue" id="t-2968" data-t="2968">So Donald Trump's what he's gonna do with this restructuring in the federal government is we're gonna go back to the way it should be which is now that we have</span> <span class="cue" id="t-2978" data-t="2978">other options like Solana for meme coins. Yeah. Now instead of the CIA</span> <span class="cue" id="t-2983" data-t="2983">trying to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2985">49:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2985" data-t="2985">to blackmail or trying to entrap,</span> <span class="cue" id="t-2988" data-t="2988">you know, Bitcoin entrepreneurs</span> <span class="cue" id="t-2989" data-t="2989">and and opens and open source enthusiasts</span> <span class="cue" id="t-2993" data-t="2993">of like, see them right? Yeah. And they're just gonna be able to take their activity, their, you know,</span> <span class="cue" id="t-2999" data-t="2999">CIA and you colored ops and just go dump pump and dump meme coins in third world countries</span> <span class="cue" id="t-3006" data-t="3006">and get their money that way and just leave us alone. Yeah. And I think that that you know, I'm hoping that that happens and I think all this concern</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3015">50:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3015" data-t="3015">about KYC in in compliance will be fine because</span> <span class="cue" id="t-3019" data-t="3019">it you know, we won't be going after taxpayers.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3022">50:22</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3022" data-t="3022">They'll be distracted with something else. Like you said,</span> <span class="cue" id="t-3024" data-t="3024">there's two routes we could really take here. Right? There's a value for value route. We don't know if that's gonna work with the CIA. We touched on that earlier. The pump and don't brute, we know that that's really the best that, you know, that's the best way for just what are we all really here for? Right? Short term gains, we wanna get we wanna get our we wanna get our bags pumped.</span> <span class="cue" id="t-3042" data-t="3042">And the CIA with all their resources, you have to imagine that they're good at pumping bags. They're they're good Right. At messaging and getting people on board with the message in the short term, pump the bags, I mean, coin on Solana, boom, salaries paid for for the year. Everything's good. We can leave the devs alone.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3059">50:59</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3059" data-t="3059">Think about it. Yeah.</span> <span class="cue" id="t-3060" data-t="3060">What better way to improve</span> <span class="cue" id="t-3063" data-t="3063">and increase our influence,</span> <span class="cue" id="t-3065" data-t="3065">especially related to China</span> <span class="cue" id="t-3068" data-t="3068">in the global South, in Africa, and all these other countries,</span> <span class="cue" id="t-3071" data-t="3071">than by pump and the CIA pump and dumps meme coins.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3075">51:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3075" data-t="3075">And then</span> <span class="cue" id="t-3076" data-t="3076">they start to make money, start to financialize it, and then build that infrastructure.</span> <span class="cue" id="t-3080" data-t="3080">And then everybody's gonna need, you know, Tether on Lightning Yeah. Or Tether on Tron. Yeah. And so they're gonna start their economies are gonna become stablecoin, Tetherized.</span> <span class="cue" id="t-3090" data-t="3090">Boom. And it's gonna increase</span> <span class="cue" id="t-3092" data-t="3092">demand for US treasuries. It's gonna make it easier for us to keep spending money</span> <span class="cue" id="t-3098" data-t="3098">and keep, excuse me, keep borrowing money so we can save the in the strategic Bitcoin reserve. Yeah. So when the dollar collapses,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3106">51:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3106" data-t="3106">we have all the Bitcoin Correct. You know, and they were chasing meme coins.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3111">51:51</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3111" data-t="3111">Yeah. I mean, the Perfect. The main</span> <span class="cue" id="t-3113" data-t="3113">thing about Bitcoin</span> <span class="cue" id="t-3115" data-t="3115">is that it was put here.</span> <span class="cue" id="t-3117" data-t="3117">You know, I think people get it wrong. Bitcoin came out of, the financial collapse of two thousand nine, 2008,</span> <span class="cue" id="t-3124" data-t="3124">But it wasn't put here. You know, people get they've there's this idea, this narrative, if you will, that Bitcoin was here to challenge the dollar because the dollar was being abused by the powers that be. It's not. It was here it's here to strengthen the dollar, and it's here to strengthen The United States so that it continue to cause financial catastrophes around the world and always have a way out. That's really what we're here for, and that's what Bitcoin is here for when it comes to The United States. Yeah. And now that now the tether's on the on Bitcoin,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3152">52:32</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3152" data-t="3152">we can</span> <span class="cue" id="t-3153" data-t="3153">deploy</span> <span class="cue" id="t-3154" data-t="3154">Bitcoin miners all over the world</span> <span class="cue" id="t-3157" data-t="3157">and we can set those up and we can consume all the energy</span> <span class="cue" id="t-3161" data-t="3161">from all these foreign countries by mining Bitcoin</span> <span class="cue" id="t-3164" data-t="3164">and then to to, you know, compensate them.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3168">52:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3168" data-t="3168">We give them tether on lightning. That's it. And they can, you know, you know, and it's the perfect trade.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3174">52:54</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3174" data-t="3174">You know, it's Michael Saylor was one of the first people to,</span> <span class="cue" id="t-3179" data-t="3179">to see this. You know, this idea that the point of Bitcoin is for The US to stockpile it, not use it. It's an asset. It's a capital asset. It's not money. And that we have now we and, you know, I think he had a great idea. He wanted to get Goldman Sachs involved. He wanted to get other people involved, not just Tether, but other people issuing stablecoins</span> <span class="cue" id="t-3198" data-t="3198">as well. Some of the,</span> <span class="cue" id="t-3200" data-t="3200">some of the actors, you know, that caused the financial collapse</span> <span class="cue" id="t-3204" data-t="3204">now giving them maybe a second chance, if you will, to issue stablecoins,</span> <span class="cue" id="t-3208" data-t="3208">right, to to work hand in hand with the treasury,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3211">53:31</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3211" data-t="3211">Scott Bissett, and, you know, and, you know, a lot of his you know, he's got a lot of connections in the financial world. He was in the private sector for a while. And I think,</span> <span class="cue" id="t-3220" data-t="3220">you know, it's it really</span> <span class="cue" id="t-3223" data-t="3223">that world, the world of traditional finance really deserves a second chance. Right? The the the treasury, the fed,</span> <span class="cue" id="t-3230" data-t="3230">it all deserves a second chance. Stablecoins are really the way for us to do that, and Bitcoin can just be this thing that we sort of hold on to in case things go go awry again, in case things, fall apart again.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3241">54:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3241" data-t="3241">They say America is the land of second chances. That's right. Like</span> <span class="cue" id="t-3246" data-t="3246">like, when a politician commits a war crime, they are forgiven.</span> <span class="cue" id="t-3250" data-t="3250">When</span> <span class="cue" id="t-3252" data-t="3252">a politician commits</span> <span class="cue" id="t-3254" data-t="3254">human rights violation,</span> <span class="cue" id="t-3256" data-t="3256">like vaccine mandates or something like that,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3259">54:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3259" data-t="3259">they're forgiven. They're pardoned.</span> <span class="cue" id="t-3261" data-t="3261">When Ross Ulbricht</span> <span class="cue" id="t-3262" data-t="3262">goes to prison,</span> <span class="cue" id="t-3264" data-t="3264">he's pardoned.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3265">54:25</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-3265" data-t="3265">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3267">54:27</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3267" data-t="3267">It's a great it's a great country. It's it's a great country, America.</span> <span class="cue" id="t-3272" data-t="3272">And it's</span> <span class="cue" id="t-3273" data-t="3273">incredibly important</span> <span class="cue" id="t-3275" data-t="3275">that</span> <span class="cue" id="t-3276" data-t="3276">the people,</span> <span class="cue" id="t-3277" data-t="3277">you know, that have engineered financial collapses get pardoned as well. I mean, there's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3282">54:42</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3282" data-t="3282">there's very little difference between those people and some of the people that you just mentioned,</span> <span class="cue" id="t-3287" data-t="3287">and Bitcoin should just be here to backstop it all. It should just be here as, you know, money of last resort,</span> <span class="cue" id="t-3293" data-t="3293">and then we should accumulate as much of it as possible so that we always sort of have a bit of a of a get out of jail free card for,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3300">55:00</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3300" data-t="3300">you know, for some of these actors. Yeah. I mean, it it really is fascinating</span> <span class="cue" id="t-3304" data-t="3304">that Satoshi put</span> <span class="cue" id="t-3307" data-t="3307">reference to the two thousand financial</span> <span class="cue" id="t-3309" data-t="3309">crisis</span> <span class="cue" id="t-3310" data-t="3310">in the first Bitcoin block.</span> <span class="cue" id="t-3312" data-t="3312">Because if anything, that's just him predicting</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3316">55:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3316" data-t="3316">the forgiveness that Bitcoin would offer these people. Right? Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3320">55:20</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3320" data-t="3320">It was a it was a shout out to the chancellor, if you will. Some people think it was a critique of the scenario, whereas I think it was more,</span> <span class="cue" id="t-3327" data-t="3327">saying, we're here to support you. We're here to backstop you. Well, I I've created something new,</span> <span class="cue" id="t-3332" data-t="3332">that you should accumulate as much of as possible on the state level, at the nation state level,</span> <span class="cue" id="t-3338" data-t="3338">holding your coffers.</span> <span class="cue" id="t-3342" data-t="3342">And, yeah, it's,</span> <span class="cue" id="t-3344" data-t="3344">it's, you know, I got you was basically what that that first inscription said. It was, you're you're all good. Now, Richard, do you have any more questions before we get into the fountain boost? Well, I think we already,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3356">55:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3356" data-t="3356">I think before we started recording, we</span> <span class="cue" id="t-3361" data-t="3361">asked Frank. So there's two questions we we do before we read the fountain boost. So Mhmm.</span> <span class="cue" id="t-3368" data-t="3368">The first question is, did you listen to the last episode</span> <span class="cue" id="t-3371" data-t="3371">and you</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3373">56:13</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3373" data-t="3373">haven't? I haven't. The last episode I listened to of you guys was, was something around</span> <span class="cue" id="t-3379" data-t="3379">the holiday season, and I forget what the episode was. But it was, yeah, a few weeks ago. This sound like the Christmas special. Yeah. The Christmas special. That's what it was. Yeah. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3389">56:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3389" data-t="3389">The second question</span> <span class="cue" id="t-3391" data-t="3391">is because we're trying to be, you know, balanced with the type of guests we we have on the show. The second question is, are you Jewish?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3399">56:39</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3399" data-t="3399">It's</span> <span class="cue" id="t-3400" data-t="3400">a it's</span> <span class="cue" id="t-3402" data-t="3402">a it's a great question.</span> <span class="cue" id="t-3403" data-t="3403">No. Roman Catholic. You know,</span> <span class="cue" id="t-3406" data-t="3406">Irish Catholic. Well, half half Italian, half Irish by descent. So, but, yeah, Catholic.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3412">56:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3412" data-t="3412">Sorry. How does that? How does your,</span> <span class="cue" id="t-3416" data-t="3416">you know, flavor of Catholicism</span> <span class="cue" id="t-3419" data-t="3419">differ from Luke's</span> <span class="cue" id="t-3421" data-t="3421">boot cache?</span> <span class="cue" id="t-3422" data-t="3422">He does he thinks the pope is a is a shit winner. Yeah. He calls him a scammer. Yeah. Yeah. Yeah. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3429">57:09</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3429" data-t="3429">I think Luke's a better Catholic than I from what I can tell.</span> <span class="cue" id="t-3433" data-t="3433">And,</span> <span class="cue" id="t-3435" data-t="3435">you know, I I don't wanna take any when it comes to Catholicism,</span> <span class="cue" id="t-3438" data-t="3438">I don't wanna take any spotlight away from Luke. I know how serious he is about it, and, you</span> <span class="cue" id="t-3443" data-t="3443">know, I appreciate him bringing that to the Bitcoin</span> <span class="cue" id="t-3447" data-t="3447">space. You know, I think,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3449">57:29</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3449" data-t="3449">you know, they're</span> <span class="cue" id="t-3452" data-t="3452">you know, while while we're here separating money from state, we we should be we should be bringing religion to money. And I think Luke does that best. So Yeah. Yeah. He he's famous for doing that with his,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3465">57:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3465" data-t="3465">his old mining pool, actually. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3468">57:48</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3468" data-t="3468">Exactly. Yeah. Oh, I did actually I was just scrolling. I was on the train</span> <span class="cue" id="t-3472" data-t="3472">before we, did this. I did actually see the title of this episode here that you guys just put up on the screen. So protecting your daughters from Breedlove's orange pill. Yeah. I think,</span> <span class="cue" id="t-3482" data-t="3482">looking forward to listening to this. Dude, is there a guest on this one, or are you guys just sort of chewing the fat here about, Breedlove and,</span> <span class="cue" id="t-3489" data-t="3489">and his relationship with women?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3491">58:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3491" data-t="3491">Yeah. We,</span> <span class="cue" id="t-3494" data-t="3494">we had a a very drunk barn miner</span> <span class="cue" id="t-3497" data-t="3497">on our show. Nice. Nice.</span> <span class="cue" id="t-3500" data-t="3500">So this this is one of the segments that we're doing, which is interesting.</span> <span class="cue" id="t-3504" data-t="3504">So, like,</span> <span class="cue" id="t-3505" data-t="3505">I think this is our ninth show. Right, Rod? Our ninth behind the podcast? Yeah. That sounds right. I guess you can't see the number in the title. Yeah. I can't see it either. Let me see if I can wow. Okay. Well, Fountain only gives you so many,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3522">58:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3522" data-t="3522">letters. So many characters, Dan? Either way.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3525">58:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3525" data-t="3525">I think it was the ninth episode. So we're we're one out of nine for our guests who listened to our last show. So this is always really interesting,</span> <span class="cue" id="t-3533" data-t="3533">making our guests listen to our fountain boost from the previous show when they haven't heard it. Love it. It it makes it it's actually kind of interesting. It's like wading into</span> <span class="cue" id="t-3544" data-t="3544">uncharted territories. I'm ready for it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3547">59:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3547" data-t="3547">Yeah. Yeah. If you go back and listen, I think Temple would I think one of our my favorite</span> <span class="cue" id="t-3553" data-t="3553">of our interviews here was with Rob Hamilton. We talked about Anchor Watch</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3557">59:17</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3557" data-t="3557">and Mini Script, of course. Yeah. Rob's Rob's a legend.</span> <span class="cue" id="t-3560" data-t="3560">Shout out to Rob and to Becca and to and to Mini Script. I think was it Rob that invented miniscript? I think you guys might have mentioned that. Did you guys break that news, actually? Well, he thinks he discovered it. Got it. Okay. But Got it. We weren't sure if it was invented or he just you know?</span> <span class="cue" id="t-3577" data-t="3577">If he just discovered it, like like Bitcoin itself as some people have pointed out. Yeah. Exactly. Exactly. Got it. This is one of the hard challenges when you're an innovator</span> <span class="cue" id="t-3586" data-t="3586">is determining whether you invented or discovered things. It's it's borderline impossible to tell the difference sometimes. You know, I think that was definitely the case with</span> <span class="cue" id="t-3596" data-t="3596">with Bitcoin itself.</span> <span class="cue" id="t-3598" data-t="3598">When you're when you're as bright as Rob,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3601">1:00:01</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3601" data-t="3601">I would imagine it becomes virtually impossible to tell the difference between when you're just stumbling upon things and when they're just falling out of your mind. So</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3609">1:00:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3609" data-t="3609">Yeah. The I I like to think that</span> <span class="cue" id="t-3612" data-t="3612">memes</span> <span class="cue" id="t-3614" data-t="3614">are discovered,</span> <span class="cue" id="t-3615" data-t="3615">not invented.</span> <span class="cue" id="t-3616" data-t="3616">The only time that I I hate that,</span> <span class="cue" id="t-3619" data-t="3619">is when</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3621">1:00:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3621" data-t="3621">Dan Held is stealing memes. Yep.</span> <span class="cue" id="t-3624" data-t="3624">As as he's known to do. Yeah. It's like I wish they were invented, so he would be in trouble for that. But, you know</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3630">1:00:30</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3630" data-t="3630">Copyright it. Copyright the memes maybe so that Dan Held can take advantage of that. Yeah. That'd be</span> <span class="cue" id="t-3636" data-t="3636">that'd be ideal.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3637">1:00:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3637" data-t="3637">The the PodCon Twitter account actually,</span> <span class="cue" id="t-3641" data-t="3641">they they trademark</span> <span class="cue" id="t-3643" data-t="3643">and copyright</span> <span class="cue" id="t-3645" data-t="3645">and reserve,</span> <span class="cue" id="t-3646" data-t="3646">like, all of their content. So if Dan Held tries to steal a PodCon from me, he's screwed. Yep. But, hopefully, Yuan will direct</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3655">1:00:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3655" data-t="3655">those payment splits for influencers</span> <span class="cue" id="t-3658" data-t="3658">using AI to discover, like, who stole the meme. Yep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3661">1:01:01</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3661" data-t="3661">That's ideal as well. Yeah. That would be ideal.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3666">1:01:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3666" data-t="3666">Well,</span> <span class="cue" id="t-3668" data-t="3668">just to give you some context to the last show we did, so we,</span> <span class="cue" id="t-3673" data-t="3673">I found Barn Miner. Barn Miner, I don't know if you're familiar with him, but he's an individual</span> <span class="cue" id="t-3680" data-t="3680">who mines Bitcoin</span> <span class="cue" id="t-3681" data-t="3681">in a barn.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3682">1:01:22</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3682" data-t="3682">Okay.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3684">1:01:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3684" data-t="3684">And he has a lot of opinions about things. But on the episode, we we talked about, like,</span> <span class="cue" id="t-3690" data-t="3690">the differences</span> <span class="cue" id="t-3691" data-t="3691">between</span> <span class="cue" id="t-3693" data-t="3693">your daughter and your son getting orange pilled. Right? Right.</span> <span class="cue" id="t-3697" data-t="3697">So, like, typically, you know, your your son's 16 years old,</span> <span class="cue" id="t-3701" data-t="3701">it gets orange pilled.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3704">1:01:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3704" data-t="3704">You feel pretty good about it. But typically, you wanna wait.</span> <span class="cue" id="t-3708" data-t="3708">Like most fathers, they want to</span> <span class="cue" id="t-3710" data-t="3710">either curate the right person to orange pilled their daughter. Mhmm.</span> <span class="cue" id="t-3715" data-t="3715">There's a lot more scrutiny on</span> <span class="cue" id="t-3719" data-t="3719">on who their daughter's getting orange built by. Right. Right. Or they want them to wait until they're, you know, fully adults, whatever age they arbitrarily</span> <span class="cue" id="t-3728" data-t="3728">determine that is. Right.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3730">1:02:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3730" data-t="3730">Or maybe not arbitrarily, but it's it's kind of unique depending on</span> <span class="cue" id="t-3734" data-t="3734">the individual.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3735">1:02:15</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3735" data-t="3735">And it's Some people are adults</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3737">1:02:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3737" data-t="3737">Yeah. When they're, like,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3739">1:02:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3739" data-t="3739">17 years old or younger, And some people are The only way we said it was, like, Bormeyer is really proud of his son. He was 14 years old. He's already a taxpayer. It's like, that's a good dad right there. Yeah. It's true. Got his son paying taxes before he can drive. Compliant.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3753">1:02:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3753" data-t="3753">Yep. Our first</span> <span class="cue" id="t-3755" data-t="3755">boost is from fundamentals.</span> <span class="cue" id="t-3757" data-t="3757">All I can see on here is a fish logo,</span> <span class="cue" id="t-3761" data-t="3761">but he says, Barna's a go greed.</span> <span class="cue" id="t-3764" data-t="3764">I think, Frank,</span> <span class="cue" id="t-3766" data-t="3766">there's this whole</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3767">1:02:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3767" data-t="3767">media ecosystem I don't think you're</span> <span class="cue" id="t-3771" data-t="3771">aware of.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3773">1:02:53</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3773" data-t="3773">Yeah. I mean,</span> <span class="cue" id="t-3774" data-t="3774">I think sometimes my level of, my level of credentials sometimes blind me to some of the work that the plebs are doing, some of the independent media out there.</span> <span class="cue" id="t-3784" data-t="3784">As Bitcoin</span> <span class="cue" id="t-3785" data-t="3785">magazine is becoming mainstream,</span> <span class="cue" id="t-3787" data-t="3787">I think I, I I probably owe it to myself to spend a bit more time to see,</span> <span class="cue" id="t-3792" data-t="3792">see what's happening in the in the independent media scene.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3796">1:03:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3796" data-t="3796">Well, I think it's hard because</span> <span class="cue" id="t-3799" data-t="3799">I don't know if you're familiar with Bitcoin podcast power</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3802">1:03:22</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-3802" data-t="3802">law. Yeah. But</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3804">1:03:24</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3804" data-t="3804">you are. Okay. Cool. I see BitPayne post a lot about the power law. I've heard about it, but I I don't know. I haven't listened yet. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3811">1:03:31</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3811" data-t="3811">Yeah. So Bitcoin podcast power law is kind of the evolution of Bitcoin power law. So Bitcoin power law,</span> <span class="cue" id="t-3820" data-t="3820">I don't know,</span> <span class="cue" id="t-3821" data-t="3821">believes that the the guy Giovanni or whatever his name is, believes he's come up with some sort of mathematical way to determine the Bitcoin price. Right. But what he's failing to see is that the biggest driver of Bitcoin price appreciation</span> <span class="cue" id="t-3836" data-t="3836">is Bitcoin podcasters.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3838">1:03:58</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-3838" data-t="3838">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3839">1:03:59</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3839" data-t="3839">Because the more people Yeah. It's a it's a variable that he just hasn't factored into the equation yet. But when he does, it'll become, it'll become airtight. His,</span> <span class="cue" id="t-3849" data-t="3849">the model will become airtight.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3851">1:04:11</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-3851" data-t="3851">Mhmm.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3852">1:04:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3852" data-t="3852">I think you're familiar with fundamentals, actually. I was talking to him today, and he mentioned Dene. But,</span> <span class="cue" id="t-3859" data-t="3859">or maybe that was the other person I was talking about talking</span> <span class="cue" id="t-3863" data-t="3863">to. Yeah. But, anyways, Fundhold is a</span> <span class="cue" id="t-3867" data-t="3867">is a Bitcoin podcaster. The the question is,</span> <span class="cue" id="t-3871" data-t="3871">as there's more podcasts,</span> <span class="cue" id="t-3875" data-t="3875">what is the best way to consume all the podcasts? Because</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3879">1:04:39</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3879" data-t="3879">how how long have you been interested in Bitcoin</span> <span class="cue" id="t-3882" data-t="3882">around it?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3883">1:04:43</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3883" data-t="3883">About going on about seven years now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3886">1:04:46</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-3886" data-t="3886">Yeah. Okay.</span> <span class="cue" id="t-3887" data-t="3887">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3889">1:04:49</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3889" data-t="3889">So And so I think my answer to that question is that</span> <span class="cue" id="t-3893" data-t="3893">we're truly the luckiest community because I think</span> <span class="cue" id="t-3896" data-t="3896">Bitcoin podcasts are sort of becoming like grains of sand on the beach. They're just infinite and that it's better that we</span> <span class="cue" id="t-3903" data-t="3903">we maybe never get to the end of it.</span> <span class="cue" id="t-3906" data-t="3906">We we can't. You know, I'm a big fan of maybe double timing it, listening in double speed to to to absorb as much as possible.</span> <span class="cue" id="t-3915" data-t="3915">But I think we're we're lucky</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3917">1:05:17</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3917" data-t="3917">that</span> <span class="cue" id="t-3918" data-t="3918">there's essentially</span> <span class="cue" id="t-3919" data-t="3919">there's virtually no end, and which means that we we can, we can be learning about Bitcoin via podcast from now until the day we die and, you know, and we and we won't have listened to them all, which is really a gift if you think about it that way. Mhmm.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3936">1:05:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3936" data-t="3936">Yeah. I mean, I think one of the challenges as a podcast listener</span> <span class="cue" id="t-3940" data-t="3940">is I listen to a podcast, and every time I do, I question if I could hear more signal somewhere else.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3947">1:05:47</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-3947" data-t="3947">That's fair.</span> <span class="cue" id="t-3948" data-t="3948">Yeah. I think it's always it's always good to be</span> <span class="cue" id="t-3951" data-t="3951">evaluating level of signal. I I guess I would have to throw that question back to you. What what is your criteria for when you're, when you feel that you're experiencing or absorbing signal? How do you, do you know what the signal is and what it feels like?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3965">1:06:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3965" data-t="3965">Well, you know, I think it's a little bit different for me because I'm a credentialed journalist. So I'm actually trained</span> <span class="cue" id="t-3971" data-t="3971">in the art of</span> <span class="cue" id="t-3973" data-t="3973">sniffing out signal. Right. But I would imagine</span> <span class="cue" id="t-3976" data-t="3976">for the average</span> <span class="cue" id="t-3978" data-t="3978">average individual, it's it's generally signal</span> <span class="cue" id="t-3981" data-t="3981">means there's something actionable</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3984">1:06:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3984" data-t="3984">Okay. For them</span> <span class="cue" id="t-3986" data-t="3986">to, like, use.</span> <span class="cue" id="t-3988" data-t="3988">So</span> <span class="cue" id="t-3989" data-t="3989">something that's, like, important</span> <span class="cue" id="t-3992" data-t="3992">to inform</span> <span class="cue" id="t-3994" data-t="3994">their view on the world and be able to adjust</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3998">1:06:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3998" data-t="3998">their strategy based off of that. I like that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4002">1:06:42</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-4002" data-t="4002">Yeah. I think that's fair.</span> <span class="cue" id="t-4004" data-t="4004">Yeah. I mean, I think we'd be lucky if, you know, given given the volume of podcasts, you know, be lucky to if if there if there was so much signal and all that. I mean, just think about</span> <span class="cue" id="t-4016" data-t="4016">how hard we'd be making it on the CIA</span> <span class="cue" id="t-4019" data-t="4019">and all of, and all of the others who are after our stack and who wanna know the size of our stack,</span> <span class="cue" id="t-4025" data-t="4025">if we were really absorbing all that signal, if that's the way that you define it. Mhmm. Mhmm. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4031">1:07:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4031" data-t="4031">Yeah. I mean, I think there needs to be way more ways for people to listen to podcasts,</span> <span class="cue" id="t-4036" data-t="4036">adversarially.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4039">1:07:19</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-4039" data-t="4039">Would would listening to podcasts, adversarially,</span> <span class="cue" id="t-4042" data-t="4042">maybe be listening to to two at the same time in tandem? Like a bit of</span> <span class="cue" id="t-4047" data-t="4047">a almost like a a conflict in the amount of information,</span> <span class="cue" id="t-4050" data-t="4050">the the way that the the information is is being broadcast, just like really trying to sort of differentiate it, sort of to absorb two different signals at once, if you will. Different</span> <span class="cue" id="t-4060" data-t="4060">signals on different topics at the same time?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4063">1:07:43</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4063" data-t="4063">I think there's multiple ways to look at this. So</span> <span class="cue" id="t-4066" data-t="4066">there's the standpoint</span> <span class="cue" id="t-4068" data-t="4068">of privacy.</span> <span class="cue" id="t-4069" data-t="4069">Right?</span> <span class="cue" id="t-4070" data-t="4070">So you don't want the CIA</span> <span class="cue" id="t-4073" data-t="4073">to necessarily know</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4076">1:07:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4076" data-t="4076">which types of information you're consuming. That's right. Especially on certain subjects.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4080">1:08:00</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-4080" data-t="4080">Yep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4082">1:08:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4082" data-t="4082">Like,</span> <span class="cue" id="t-4083" data-t="4083">so I think</span> <span class="cue" id="t-4085" data-t="4085">there are ways that we can go about this. We can create</span> <span class="cue" id="t-4088" data-t="4088">distributed networks</span> <span class="cue" id="t-4090" data-t="4090">of individuals</span> <span class="cue" id="t-4092" data-t="4092">actually physically mailing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4095">1:08:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4095" data-t="4095">cassette tapes</span> <span class="cue" id="t-4096" data-t="4096">around to each other</span> <span class="cue" id="t-4098" data-t="4098">of podcast</span> <span class="cue" id="t-4099" data-t="4099">Yes.</span> <span class="cue" id="t-4100" data-t="4100">And using tools like remailers</span> <span class="cue" id="t-4104" data-t="4104">and PO boxes</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4106">1:08:26</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-4106" data-t="4106">Yep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4107">1:08:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4107" data-t="4107">It it becomes very difficult to track from that standpoint.</span> <span class="cue" id="t-4111" data-t="4111">That's one way to do it adversarially.</span> <span class="cue" id="t-4113" data-t="4113">And then there's also the adversarial way of</span> <span class="cue" id="t-4117" data-t="4117">what if there's censorship</span> <span class="cue" id="t-4120" data-t="4120">via these podcast hosting platforms</span> <span class="cue" id="t-4123" data-t="4123">or</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4125">1:08:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4125" data-t="4125">controls over the Internet</span> <span class="cue" id="t-4127" data-t="4127">or</span> <span class="cue" id="t-4128" data-t="4128">just the type of censorship through curation</span> <span class="cue" id="t-4131" data-t="4131">in different algorithms.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4133">1:08:53</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-4133" data-t="4133">Yep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4134">1:08:54</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4134" data-t="4134">And</span> <span class="cue" id="t-4135" data-t="4135">we can bypass that actually by transmitting podcasts</span> <span class="cue" id="t-4139" data-t="4139">over radio waves to each other. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4143">1:09:03</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-4143" data-t="4143">Either or really. Cassette tapes, mail, radio waves,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4147">1:09:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-4147" data-t="4147">these are obvious. Right. And you could then you could just take</span> <span class="cue" id="t-4151" data-t="4151">you could take the the payment splits of the RSS</span> <span class="cue" id="t-4155" data-t="4155">and the time stamps and then you could play it</span> <span class="cue" id="t-4158" data-t="4158">over the radio waves and you use the radio frequencies with maybe some other map like based on the time stamps, excuse me, once you sync to and then you could may you could pay the payment splits</span> <span class="cue" id="t-4169" data-t="4169">based on who's talking.</span> <span class="cue" id="t-4171" data-t="4171">Just right here on the radio waves and having the</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4174">1:09:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-4174" data-t="4174">the data</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4175">1:09:35</a><span class="cue-body"><b class="cue-who">Frank Corva</b> <span class="cue" id="t-4175" data-t="4175">available to you. No question. Maybe, in the in the liner notes, for example, if you're mailing a cassette, you sort of have the l n URL of the people,</span> <span class="cue" id="t-4184" data-t="4184">you know, that you should be sort of sending the royalties to, and you sort of give them a little blast to give them a little boost as you're listening to the tape. Exactly. Yeah. I mean, it's kinda</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4192">1:09:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4192" data-t="4192">to think about the possibilities in a low fee environment like this. Like, you could actually</span> <span class="cue" id="t-4198" data-t="4198">have a seed phrase</span> <span class="cue" id="t-4200" data-t="4200">on the cassette tape</span> <span class="cue" id="t-4202" data-t="4202">that acts as a boost. Yeah. So you could, like,</span> <span class="cue" id="t-4205" data-t="4205">record a podcast on a cassette tape and then send it to a podcaster, which acts as a boost for their podcast, and then they send one back,</span> <span class="cue" id="t-4214" data-t="4214">back and forth like that. I think that would be pretty interesting. I think that's</span></span></p> +