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Transcript: Outrunning Hypersonic Missiles | Bugle Weekly Episode 26
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diff --git a/wiki/transcripts/outrunning-hypersonic-missiles-bugle-weekly-episode-26.md b/wiki/transcripts/outrunning-hypersonic-missiles-bugle-weekly-episode-26.md new file mode 100644 index 00000000..37662416 @@ -0,0 +1,607 @@ +--- +title: "Transcript: Outrunning Hypersonic Missiles | Bugle Weekly Episode 26" +type: transcript +episode: outrunning-hypersonic-missiles-bugle-weekly-episode-26 +generated: true +date: 2024-09-17 +audio: "https://feeds.fountain.fm/R8scBF2Wiykm0YVldsHQ/items/Rj4fecWtOuJcT6wP5jCb/files/AUDIO---DEFAULT---8e0441be-1fab-42d0-aafd-019c47c95678.mp3" +duration: "1:23:25" +sources: + - raw/episodes/outrunning-hypersonic-missiles-bugle-weekly-episode-26/bundle.json +--- + +<p class="cue-p"><a class="cue-t" href="#t-0">0:00</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-0" data-t="0">On this week's episode, credentialed journalists Rod Palmer and Richard Grieser discuss the new Michael Saylor movie, David Bailey's birthday,</span> <span class="cue" id="t-9" data-t="9">BlackRock commercial actors being the biggest threats to our democracy, and much more. Buckle up because you are about to experience the hardest hitting new show in the world.</span> <span class="cue" id="t-18" data-t="18">This is Kaley Welch, and you are listening to the Bugle Weekly, the most thermodynamically</span> <span class="cue" id="t-22" data-t="22">sound podcast in the world. But before we start, I'm going to play the trailer to Michael Saylor's new groundbreaking movie, National Treasure three</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-31">0:31</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-31" data-t="31">Genesis</span> <span class="cue" id="t-32" data-t="32">Code.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-33">0:33</a><span class="cue-body"><b class="cue-who">Narrator</b> <span class="cue" id="t-33" data-t="33">The most spectacular</span> <span class="cue" id="t-35" data-t="35">treasure in history</span> <span class="cue" id="t-38" data-t="38">developed over decades by cipher punks across different continents.</span> <span class="cue" id="t-43" data-t="43">It was finally completed</span> <span class="cue" id="t-45" data-t="45">by a mysterious cipher punk named Satoshi</span> <span class="cue" id="t-50" data-t="50">whose keys were hidden somewhere in the digital realm.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-55">0:55</a><span class="cue-body"><b class="cue-who">Narrator</b> <span class="cue" id="t-55" data-t="55">But he left clues for us hidden in plain sight,</span> <span class="cue" id="t-59" data-t="59">waiting for us to find them before the CIA</span> <span class="cue" id="t-63" data-t="63">discovered the treasure</span> <span class="cue" id="t-65" data-t="65">and its potential.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-67">1:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-67" data-t="67">Keeping this treasure out of the hands of the spooks, Michael.</span> <span class="cue" id="t-73" data-t="73">Is your destiny.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-75">1:15</a><span class="cue-body"><b class="cue-who">Michael Saylor (actor)</b> <span class="cue" id="t-75" data-t="75">You're Bitcoin investors, aren't you? We're more like Bitcoin savers, actually.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-80">1:20</a><span class="cue-body"><b class="cue-who">Narrator</b> <span class="cue" id="t-80" data-t="80">All his life,</span> <span class="cue" id="t-82" data-t="82">Michael Saylor searched for a thermodynamically</span> <span class="cue" id="t-85" data-t="85">sound asset no one believed existed.</span> <span class="cue" id="t-88" data-t="88">Don't you get it, Michael? The asset is a myth.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-91">1:31</a><span class="cue-body"><b class="cue-who">Michael Saylor (actor)</b> <span class="cue" id="t-91" data-t="91">I refuse to believe that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-93">1:33</a><span class="cue-body"><b class="cue-who">Narrator</b> <span class="cue" id="t-93" data-t="93">But</span> <span class="cue" id="t-94" data-t="94">what he thought was the final clue</span> <span class="cue" id="t-98" data-t="98">was only</span> <span class="cue" id="t-99" data-t="99">the beginning.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-101">1:41</a><span class="cue-body"><b class="cue-who">Michael Saylor (actor)</b> <span class="cue" id="t-101" data-t="101">It's hidden in plain sight. It's in Satoshi's white paper.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-105">1:45</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-105" data-t="105">You think Satoshi's keys are encoded in the white paper?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-108">1:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-108" data-t="108">It's a cipher.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-110">1:50</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-110" data-t="110">And how do you know that exactly?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-112">1:52</a><span class="cue-body"><b class="cue-who">Michael Saylor (actor)</b> <span class="cue" id="t-112" data-t="112">We don't.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-113">1:53</a><span class="cue-body"><b class="cue-who">Kailey Welch</b> <span class="cue" id="t-113" data-t="113">Is the cipher in the room with us right now?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-117">1:57</a><span class="cue-body"><b class="cue-who">Narrator</b> <span class="cue" id="t-117" data-t="117">But Michael Saylor</span> <span class="cue" id="t-119" data-t="119">isn't the only one</span> <span class="cue" id="t-121" data-t="121">who discovered</span> <span class="cue" id="t-122" data-t="122">the hidden treasure.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-124">2:04</a><span class="cue-body"><b class="cue-who">Michael Saylor (actor)</b> <span class="cue" id="t-124" data-t="124">The CIA is working around the clock to crack the code.</span> <span class="cue" id="t-127" data-t="127">Hell, they might have already cracked it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-130">2:10</a><span class="cue-body"><b class="cue-who">Narrator</b> <span class="cue" id="t-130" data-t="130">Now, he's in a race against time</span> <span class="cue" id="t-133" data-t="133">and against spooks</span> <span class="cue" id="t-135" data-t="135">to recover Satoshi's wallet before it's too late.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-139">2:19</a><span class="cue-body"><b class="cue-who">Michael Saylor (actor)</b> <span class="cue" id="t-139" data-t="139">We have to get our hands on those keys and distribute Satoshi's coins to podcasters</span> <span class="cue" id="t-143" data-t="143">through fountain boosts before the CIA gets them. The CIA gets them. And then what?</span> <span class="cue" id="t-149" data-t="149">Everything Whitney Webb warned us about comes true.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-152">2:32</a><span class="cue-body"><b class="cue-who">Narrator</b> <span class="cue" id="t-152" data-t="152">Michael Saylor</span> <span class="cue" id="t-154" data-t="154">must unlock the secrets of game theory</span> <span class="cue" id="t-156" data-t="156">using first principles thinking</span> <span class="cue" id="t-159" data-t="159">and tap the cyber hornet brain trust of Bitcoin Twitter,</span> <span class="cue" id="t-163" data-t="163">group chats, and Bitcoin</span> <span class="cue" id="t-165" data-t="165">podcasts</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-166">2:46</a><span class="cue-body"><b class="cue-who">Narrator</b> <span class="cue" id="t-166" data-t="166">to save the world from being taken over by Feds.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-171">2:51</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-171" data-t="171">Try brute force.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-174">2:54</a><span class="cue-body"><b class="cue-who">Narrator</b> <span class="cue" id="t-174" data-t="174">Tether is working with Langley. We might be too late.</span> <span class="cue" id="t-180" data-t="180">Michael Saylor.</span> <span class="cue" id="t-182" data-t="182">National</span> <span class="cue" id="t-183" data-t="183">Treasure three.</span> <span class="cue" id="t-185" data-t="185">Genesis</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-189">3:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-189" data-t="189">Code. Hey. We're recording. How's it going, everybody? Man,</span> <span class="cue" id="t-192" data-t="192">what</span> <span class="cue" id="t-193" data-t="193">an exciting,</span> <span class="cue" id="t-195" data-t="195">movie that the National Treasure</span> <span class="cue" id="t-198" data-t="198">three Genesis</span> <span class="cue" id="t-199" data-t="199">Code, South Side is going to be.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-202">3:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-202" data-t="202">I am a huge fan</span> <span class="cue" id="t-204" data-t="204">of, all the National Treasure movies and this is the third installment</span> <span class="cue" id="t-209" data-t="209">and in this time,</span> <span class="cue" id="t-211" data-t="211">Bitcoin</span> <span class="cue" id="t-212" data-t="212">is front and center,</span> <span class="cue" id="t-215" data-t="215">starring Michael Saylor. It's gonna be cool. I guess I heard pop,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-219">3:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-219" data-t="219">Anthony Papillanos</span> <span class="cue" id="t-220" data-t="220">is gonna be in the movie.</span> <span class="cue" id="t-222" data-t="222">So it's just it's really cool, man. I'm excited to see that one. Yeah. I'm pretty excited for it too.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-228">3:48</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-228" data-t="228">I'm kind of hoping that this isn't one of those situations where they make a really good trailer</span> <span class="cue" id="t-235" data-t="235">for a movie and then the movie is, like, pretty subpar.</span> <span class="cue" id="t-238" data-t="238">Because I think everybody's experienced that before and is probably going into it cautious really</span> <span class="cue" id="t-245" data-t="245">good examples</span> <span class="cue" id="t-246" data-t="246">of,</span> <span class="cue" id="t-247" data-t="247">any movies like their Bitcoin theme that were really popular, really good, or really well produced.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-255">4:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-255" data-t="255">So this could be, you know, a pretty big moment for</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-258">4:18</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-258" data-t="258">Right. Right. The best Bitcoin movie so far,</span> <span class="cue" id="t-262" data-t="262">I would say is thank God for Bitcoin.</span> <span class="cue" id="t-265" data-t="265">But that's</span> <span class="cue" id="t-266" data-t="266">kind of a niche religious</span> <span class="cue" id="t-268" data-t="268">Christian movie.</span> <span class="cue" id="t-270" data-t="270">This would be our first like Hollywood blockbuster</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-273">4:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-273" data-t="273">that we could really see. So it'll be interesting.</span> <span class="cue" id="t-277" data-t="277">I'm, I'm worried, you know, Hollywood is it sucks right now. I mean, pretty much everything that's being put out in the movie theaters and Netflix,</span> <span class="cue" id="t-286" data-t="286">it's all,</span> <span class="cue" id="t-288" data-t="288">it's all CIA.</span> <span class="cue" id="t-290" data-t="290">And it used to be</span> <span class="cue" id="t-292" data-t="292">the CIA made great movies like Pop Gun,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-295">4:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-295" data-t="295">Independence Day,</span> <span class="cue" id="t-297" data-t="297">all MacDowell, and those were great movies, but that's because the CIA had competition.</span> <span class="cue" id="t-302" data-t="302">But then</span> <span class="cue" id="t-303" data-t="303">the</span> <span class="cue" id="t-304" data-t="304">final nail in the coffin was when the CIA finally put</span> <span class="cue" id="t-308" data-t="308">Harvey Weinstein</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-310">5:10</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-310" data-t="310">in prison and Harvey Weinstein was the only other competitor that made good news</span> <span class="cue" id="t-315" data-t="315">to the CIA, not in no competition. So it's like the democratic party in Florida or in California,</span> <span class="cue" id="t-322" data-t="322">they don't have to worry about losing elections. So it's, they're terrible. It's, they just keep raising taxes no matter how few people can afford them. And it's the same like the CIA, just Disney, they all just keep making</span> <span class="cue" id="t-334" data-t="334">just total,</span> <span class="cue" id="t-336" data-t="336">you know, bust movies because they already have any inspiration,</span> <span class="cue" id="t-340" data-t="340">but yeah, I'm hopeful this one will do good. The,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-345">5:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-345" data-t="345">recording a little later.</span> <span class="cue" id="t-347" data-t="347">We were able to record last night. We usually record on Sunday.</span> <span class="cue" id="t-351" data-t="351">So recording on Monday happens to be</span> <span class="cue" id="t-354" data-t="354">demand David Bailey's birthday. So happy birthday, David Bailey. I did not</span> <span class="cue" id="t-360" data-t="360">realize</span> <span class="cue" id="t-361" data-t="361">that David Bailey</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-363">6:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-363" data-t="363">just turned 34 years old. David Bailey is</span> <span class="cue" id="t-367" data-t="367">practically</span> <span class="cue" id="t-369" data-t="369">a generation</span> <span class="cue" id="t-370" data-t="370">Z</span> <span class="cue" id="t-371" data-t="371">TikTok Zoomer.</span> <span class="cue" id="t-374" data-t="374">He definitely,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-376">6:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-376" data-t="376">you know, with that beard, he's, he's gained a little weight recently. Just, he was a lot older. That's all I'm saying. And he, you know, but I guess a lot of things that make sense</span> <span class="cue" id="t-386" data-t="386">considering</span> <span class="cue" id="t-387" data-t="387">his age. Did you know David Bailey was that young?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-391">6:31</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-391" data-t="391">I didn't. I was,</span> <span class="cue" id="t-393" data-t="393">very shocked. I mean, I think he's got a little bit of Charles</span> <span class="cue" id="t-398" data-t="398">Hoskinson</span> <span class="cue" id="t-399" data-t="399">type,</span> <span class="cue" id="t-401" data-t="401">deal going on here where he presents</span> <span class="cue" id="t-404" data-t="404">or looks a lot older than he is and it, it might be,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-409">6:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-409" data-t="409">that he does that intentionally</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-411">6:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-411" data-t="411">trying to get people to respect him more. Well, I mean, I've respected him more when I thought he was in his forties for sure.</span> <span class="cue" id="t-419" data-t="419">But yeah, I mean, that's, you know what they say.</span> <span class="cue" id="t-423" data-t="423">They hold being in this space</span> <span class="cue" id="t-425" data-t="425">in general,</span> <span class="cue" id="t-426" data-t="426">age as you it's like being a president of The United States, those guys age quickly.</span> <span class="cue" id="t-432" data-t="432">Surprisingly,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-433">7:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-433" data-t="433">Donald Trump did not age when he was in office. He looks pretty much the same on day one as he did on January 6 when he was leading the riots on the Capitol.</span> <span class="cue" id="t-445" data-t="445">So let's see. I mean, I don't know if he'll age, if he wins this one,</span> <span class="cue" id="t-449" data-t="449">this year, but maybe it'll be the Bitcoin industry. Maybe being a Bitcoiner will finally be what ages and makes him feel those years.</span> <span class="cue" id="t-457" data-t="457">But speaking of Donald Trump,</span> <span class="cue" id="t-460" data-t="460">the big news right now</span> <span class="cue" id="t-462" data-t="462">is that,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-463">7:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-463" data-t="463">another</span> <span class="cue" id="t-465" data-t="465">CIA</span> <span class="cue" data-t="465">asset tried to assassinate Donald Trump yesterday.</span> <span class="cue" id="t-470" data-t="470">And if you haven't heard of that,</span> <span class="cue" id="t-472" data-t="472">I don't know how you have had not heard about that yet, but there was a dude. He was,</span> <span class="cue" id="t-478" data-t="478">kind of</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-480">7:60</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-480" data-t="480">a kind of an insane</span> <span class="cue" id="t-482" data-t="482">leftist</span> <span class="cue" id="t-484" data-t="484">Ukraine</span> <span class="cue" id="t-486" data-t="486">poster. He has a lot of Ukraine flags in his post and his profile.</span> <span class="cue" id="t-490" data-t="490">And he was setting up with an AK 47 about 200 or 500 yards from where Donald Trump was gone thing.</span> <span class="cue" id="t-499" data-t="499">And he claims he was just gonna shoot the gun to scare Donald Trump so that Donald Trump missed his drive and was really pissed.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-506">8:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-506" data-t="506">But obviously, if you're pointing a a AK 47 at the president or, you know, the president</span> <span class="cue" id="t-513" data-t="513">of The United States,</span> <span class="cue" id="t-515" data-t="515">the secret service has got to react. They shot at him, they missed and they actually took this guy,</span> <span class="cue" id="t-521" data-t="521">into custody. They arrested him,</span> <span class="cue" id="t-525" data-t="525">alive. So</span> <span class="cue" id="t-527" data-t="527">this time, when either this guy's gonna kill himself,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-530">8:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-530" data-t="530">we're we're gonna maybe hopefully</span> <span class="cue" id="t-532" data-t="532">figure out what's going on here. But I, you know, what do you what do you think about this shit?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-537">8:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-537" data-t="537">Well, I think it's kinda interesting that,</span> <span class="cue" id="t-541" data-t="541">I'm hearing some preliminary</span> <span class="cue" id="t-542" data-t="542">reports that he is in a BlackRock commercial. So this would be the second shooter</span> <span class="cue" id="t-548" data-t="548">that was, featured in the BlackRock commercial.</span> <span class="cue" id="t-551" data-t="551">Correct.</span> <span class="cue" id="t-552" data-t="552">I kinda wonder if this was a stunt by Larry Fink to bring attention to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-557">9:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-557" data-t="557">the BlackRock Bitcoin ETFs.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-560">9:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-560" data-t="560">Right.</span> <span class="cue" id="t-562" data-t="562">Yeah. They said,</span> <span class="cue" id="t-564" data-t="564">you know, they told us at the end of last year,</span> <span class="cue" id="t-567" data-t="567">back in December, they said all of this money is gonna be poured in</span> <span class="cue" id="t-572" data-t="572">to,</span> <span class="cue" id="t-573" data-t="573">advertisement</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-574">9:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-574" data-t="574">and marketing</span> <span class="cue" id="t-575" data-t="575">for the Bitcoin ETFs.</span> <span class="cue" id="t-577" data-t="577">And I personally only saw maybe one or two TV commercials,</span> <span class="cue" id="t-582" data-t="582">of the Bitcoin</span> <span class="cue" id="t-584" data-t="584">ETF,</span> <span class="cue" id="t-585" data-t="585">other than on Twitter.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-587">9:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-587" data-t="587">So I don't know where that money's gone. I guess maybe we're now finding out,</span> <span class="cue" id="t-591" data-t="591">better doing like some real</span> <span class="cue" id="t-595" data-t="595">in real life</span> <span class="cue" id="t-596" data-t="596">marketing.</span> <span class="cue" id="t-597" data-t="597">I mean, what better way</span> <span class="cue" id="t-599" data-t="599">to catch people's attention better than, assassinating the first would be Bitcoin president.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-605">10:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-605" data-t="605">Yeah. I mean, you know, going off the topic of David Bailey. So David Bailey,</span> <span class="cue" id="t-611" data-t="611">you know, helped Trump</span> <span class="cue" id="t-613" data-t="613">to become the first Bitcoin pleb,</span> <span class="cue" id="t-615" data-t="615">you know, former president in history</span> <span class="cue" id="t-618" data-t="618">by giving him one of those coins that had</span> <span class="cue" id="t-621" data-t="621">a lot of Bitcoin on it,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-625">10:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-625" data-t="625">which is really threatening to BlackRock because they're trying to sell these ETF platforms. But if</span> <span class="cue" id="t-631" data-t="631">the former president is a is a plan that that sells cut self custodies,</span> <span class="cue" id="t-639" data-t="639">it's kinda bad for ETF sales.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-643">10:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-643" data-t="643">Oh, wow. So that's I didn't think about that. So it's you think</span> <span class="cue" id="t-647" data-t="647">are you you think there's some logic here that</span> <span class="cue" id="t-651" data-t="651">BlackRock</span> <span class="cue" id="t-652" data-t="652">wants</span> <span class="cue" id="t-654" data-t="654">people to be funneled towards their regulated, custodial</span> <span class="cue" id="t-658" data-t="658">ETF</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-659">10:59</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-659" data-t="659">and that Donald Trump will inspire</span> <span class="cue" id="t-663" data-t="663">plans to run their own nodes and to to buy Bitcoin and store it in cold storage in their hardware wallets. Yeah. That's that's kind of my going theory.</span> <span class="cue" id="t-673" data-t="673">Wow.</span> <span class="cue" id="t-674" data-t="674">Well, they said like they said like, and then they fight you.</span> <span class="cue" id="t-679" data-t="679">They're not fighting Bitcoin anymore,</span> <span class="cue" id="t-682" data-t="682">but they are fighting,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-684">11:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-684" data-t="684">they are fighting plans and the</span> <span class="cue" id="t-687" data-t="687">that noncompliant</span> <span class="cue" id="t-689" data-t="689">ethos of self custody. So That's interesting. They're actually trying</span> <span class="cue" id="t-693" data-t="693">to,</span> <span class="cue" id="t-694" data-t="694">well, some of my eyes think that's a foolish</span> <span class="cue" id="t-697" data-t="697">strategy from the standpoint that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-699">11:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-699" data-t="699">just because they take out Trump doesn't mean plants are going to stop</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-703">11:43</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-703" data-t="703">taking self custody of their Bitcoin? No. But it but it takes a a big self custody influencer</span> <span class="cue" id="t-709" data-t="709">off the Right. Off the table.</span> <span class="cue" id="t-711" data-t="711">And that's the thing.</span> <span class="cue" id="t-714" data-t="714">They want to,</span> <span class="cue" id="t-715" data-t="715">they wanna attack,</span> <span class="cue" id="t-717" data-t="717">you know, these types of people</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-719">11:59</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-719" data-t="719">as much as possible, you know, discredit them. And it it's a pretty powerful statement, you know, where if,</span> <span class="cue" id="t-726" data-t="726">if somebody sees</span> <span class="cue" id="t-728" data-t="728">essentially,</span> <span class="cue" id="t-730" data-t="730">like, another politician, for example, sees, like, hey. If you self custody Bitcoin, we're gonna,</span> <span class="cue" id="t-736" data-t="736">take our army of people that have been featured in our commercials and and have load them up with AK 40 sevens or AR fifteens and</span> <span class="cue" id="t-746" data-t="746">and go after you.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-749">12:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-749" data-t="749">It kinda has a chilling effect. You know what I mean?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-752">12:32</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-752" data-t="752">Right.</span> <span class="cue" id="t-753" data-t="753">So if we look at the pattern</span> <span class="cue" id="t-756" data-t="756">of the past few months,</span> <span class="cue" id="t-758" data-t="758">we have we saw a lot of influencers and podcasters that were laid off</span> <span class="cue" id="t-763" data-t="763">at Swan.</span> <span class="cue" id="t-765" data-t="765">We saw the same thing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-767">12:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-767" data-t="767">happen with Bitcoin magazine.</span> <span class="cue" id="t-769" data-t="769">A lot of influencers</span> <span class="cue" id="t-771" data-t="771">and journalists and podcasters lost their jobs</span> <span class="cue" id="t-774" data-t="774">right after the conference.</span> <span class="cue" id="t-777" data-t="777">And now</span> <span class="cue" id="t-778" data-t="778">they're trying to take down the granddaddy of them all influencer.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-784">13:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-784" data-t="784">Wow. That's that's a that would have a huge chilling effect. So to go back</span> <span class="cue" id="t-790" data-t="790">to this</span> <span class="cue" id="t-792" data-t="792">this,</span> <span class="cue" id="t-794" data-t="794">trend, so we've had we had an I had anybody try to assassinate</span> <span class="cue" id="t-800" data-t="800">a US president or a candidate for US president</span> <span class="cue" id="t-804" data-t="804">in forty years.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-805">13:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-805" data-t="805">And before that it was,</span> <span class="cue" id="t-809" data-t="809">twenty or thirty years before that when they shot JFK and RFK's dad,</span> <span class="cue" id="t-814" data-t="814">but now we've had two in two or three months</span> <span class="cue" id="t-818" data-t="818">and both of them have been BlackRock</span> <span class="cue" id="t-821" data-t="821">influencers. They've been in BlackRock commercials, but they don't, neither of them look</span> <span class="cue" id="t-828" data-t="828">the part</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-830">13:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-830" data-t="830">of an influencer.</span> <span class="cue" id="t-831" data-t="831">And</span> <span class="cue" id="t-832" data-t="832">I read what Forbes did. The CIA was,</span> <span class="cue" id="t-836" data-t="836">hanging out at shopping malls</span> <span class="cue" id="t-838" data-t="838">during the weekday</span> <span class="cue" id="t-840" data-t="840">when</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-842">14:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-842" data-t="842">not physically successful influent people are not at the mall on a Wednesday afternoon. It's kind of like people down on their lot</span> <span class="cue" id="t-850" data-t="850">and the CIA has been, you know, renting out, I think right now they have to vacate for a, spirit Halloween stores. But</span> <span class="cue" id="t-858" data-t="858">when the spirit Halloween stores go out in November, the CIA goes back in and they've been basically telling people,</span> <span class="cue" id="t-865" data-t="865">Hey, we should make you an influencer.</span> <span class="cue" id="t-867" data-t="867">Somebody who's got a top influencer podcast,</span> <span class="cue" id="t-871" data-t="871">a top TikTok channel. You just have</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-873">14:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-873" data-t="873">to work with us and use our program.</span> <span class="cue" id="t-876" data-t="876">And they've been training these people to become assassins,</span> <span class="cue" id="t-880" data-t="880">but promising them influencer careers and getting them jobs in BlackRock commercials.</span> <span class="cue" id="t-885" data-t="885">So it's now what makes me really suspect of every person</span> <span class="cue" id="t-889" data-t="889">in a BlackRock commercial,</span> <span class="cue" id="t-891" data-t="891">they may all</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-894">14:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-894" data-t="894">be sleeper assets</span> <span class="cue" id="t-896" data-t="896">waiting to be activated</span> <span class="cue" id="t-898" data-t="898">to try to take out self custody</span> <span class="cue" id="t-901" data-t="901">influencers, such as the president of The United States.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-905">15:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-905" data-t="905">Yeah, I think we should, be trying to</span> <span class="cue" id="t-909" data-t="909">essentially track and database everybody that's been in a BlackRock</span> <span class="cue" id="t-913" data-t="913">commercial and</span> <span class="cue" id="t-915" data-t="915">we could probably find out who the next</span> <span class="cue" id="t-919" data-t="919">assassin to attempt assassination.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-922">15:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-922" data-t="922">Have you ever seen a BlackRock commercial other than the ones that get shared</span> <span class="cue" id="t-927" data-t="927">when,</span> <span class="cue" id="t-928" data-t="928">you know, one of the CIA's assassins,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-932">15:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-932" data-t="932">was it was it was it part of a news story? No. I can't I can't say that, I've ever actually seen him before</span> <span class="cue" id="t-940" data-t="940">prior to this.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-942">15:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-942" data-t="942">It's interesting because</span> <span class="cue" id="t-945" data-t="945">it used to be, and we talked about this already, right? Like the,</span> <span class="cue" id="t-948" data-t="948">the quality of CIA psy ops</span> <span class="cue" id="t-951" data-t="951">in Hollywood,</span> <span class="cue" id="t-953" data-t="953">they're just garbage. I don't think anybody is inspired</span> <span class="cue" id="t-958" data-t="958">or</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-960">15:60</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-960" data-t="960">is becomes patriotic</span> <span class="cue" id="t-962" data-t="962">after watching</span> <span class="cue" id="t-963" data-t="963">a Hollywood movie put out in the past three or five years.</span> <span class="cue" id="t-968" data-t="968">So now that they're no longer able to</span> <span class="cue" id="t-971" data-t="971">to do propaganda</span> <span class="cue" id="t-973" data-t="973">effectively</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-974">16:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-974" data-t="974">from Hollywood,</span> <span class="cue" id="t-975" data-t="975">they're having to actually</span> <span class="cue" id="t-977" data-t="977">go out with these Hollywood actors or these influencers</span> <span class="cue" id="t-982" data-t="982">and engage in, you know, violent</span> <span class="cue" id="t-985" data-t="985">protests</span> <span class="cue" id="t-987" data-t="987">directly.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-988">16:28</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-988" data-t="988">That's a scary development</span> <span class="cue" id="t-991" data-t="991">where Hollywood communities no longer work.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-993">16:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-993" data-t="993">War in cities. Yeah, I think one of the challenges that is facing</span> <span class="cue" id="t-997" data-t="997">Hollywood right now is, you know, Hollywood's very reliant on Jewish people</span> <span class="cue" id="t-1003" data-t="1003">to Right. Make their content for them. And I know, like, the average</span> <span class="cue" id="t-1007" data-t="1007">Jew,</span> <span class="cue" id="t-1009" data-t="1009">around the world is pretty upset right now. They're</span> <span class="cue" id="t-1012" data-t="1012">pretty worn out because they have these</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1015">16:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1015" data-t="1015">various groups</span> <span class="cue" id="t-1016" data-t="1016">constantly</span> <span class="cue" id="t-1018" data-t="1018">launching missiles at them.</span> <span class="cue" id="t-1021" data-t="1021">And it makes it very</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1022">17:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1022" data-t="1022">They're busy. They're really busy right now</span> <span class="cue" id="t-1025" data-t="1025">dodging</span> <span class="cue" id="t-1026" data-t="1026">they're dodging missiles from the Houthis</span> <span class="cue" id="t-1029" data-t="1029">they're dodging memes from,</span> <span class="cue" id="t-1032" data-t="1032">from right wing alt right accounts they're dodging memes from,</span> <span class="cue" id="t-1038" data-t="1038">people like the communist to the left of Kamala Harris</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1043">17:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1043" data-t="1043">they were pretty busy.</span> <span class="cue" id="t-1044" data-t="1044">So they've had to recruit</span> <span class="cue" id="t-1047" data-t="1047">Ukraine supporters,</span> <span class="cue" id="t-1049" data-t="1049">American Ukraine supporters</span> <span class="cue" id="t-1052" data-t="1052">to do</span> <span class="cue" id="t-1053" data-t="1053">the content creation and to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1056">17:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1056" data-t="1056">help create the buys and the hype around some of their favorite strategies and policies.</span> <span class="cue" id="t-1063" data-t="1063">Yeah. Yeah. I understand.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1064">17:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1064" data-t="1064">Like how do you outrun a hypersonic missile</span> <span class="cue" id="t-1067" data-t="1067">is</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1069">17:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1069" data-t="1069">one of my questions. Right. I don't know the speed</span> <span class="cue" id="t-1073" data-t="1073">that a hypersonic missile goes, but I know that</span> <span class="cue" id="t-1078" data-t="1078">the training</span> <span class="cue" id="t-1079" data-t="1079">regimen that Bitcoiners follow, no seed oils walking,</span> <span class="cue" id="t-1083" data-t="1083">bounced in better shape. I don't I don't know that it it maybe you need those, like, special Bitcoin shoes to run that fast.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1091">18:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1091" data-t="1091">Yeah. I mean, there was this, like, whole meme a few years back, you know, talking about how you could, outrun bullets if you know where to run.</span> <span class="cue" id="t-1100" data-t="1100">And maybe that's the case. So maybe, you</span> <span class="cue" id="t-1103" data-t="1103">know, people should be,</span> <span class="cue" id="t-1105" data-t="1105">watching some more anime</span> <span class="cue" id="t-1107" data-t="1107">to kinda understand the mechanics and the in the proper form of how to</span> <span class="cue" id="t-1112" data-t="1112">properly run, outrun a hypersonic missile.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1116">18:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1116" data-t="1116">What</span> <span class="cue" id="t-1117" data-t="1117">is the term for those anime guys that run really fast? If you're thinking of Naruto running.</span> <span class="cue" id="t-1123" data-t="1123">Yeah. Right. So during the, I think it was in 2018</span> <span class="cue" id="t-1128" data-t="1128">or</span> <span class="cue" id="t-1129" data-t="1129">so, the,</span> <span class="cue" id="t-1131" data-t="1131">the planned</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1132">18:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1132" data-t="1132">assault on Area fifty one,</span> <span class="cue" id="t-1135" data-t="1135">there were, there was a legion of Narudo riders that were alleged to, be like attacking from one of the flanks.</span> <span class="cue" id="t-1142" data-t="1142">So it's,</span> <span class="cue" id="t-1144" data-t="1144">it exists. People those people exist. It just</span> <span class="cue" id="t-1148" data-t="1148">they need to become we need the orange pill in the Rita Runners. Yeah. I mean, that would be,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1154">19:14</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1154" data-t="1154">that'd be very interesting.</span> <span class="cue" id="t-1156" data-t="1156">I mean, this is this is really good for, you know, practice for just, like, basic</span> <span class="cue" id="t-1161" data-t="1161">Bitcoin security. Like, a lot of people, you know, focus</span> <span class="cue" id="t-1165" data-t="1165">heavily on,</span> <span class="cue" id="t-1167" data-t="1167">you know, things like, you know, how do you how do you secure your Bitcoin with</span> <span class="cue" id="t-1172" data-t="1172">having an offline device?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1174">19:34</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1174" data-t="1174">They for some reason, they call it air gapping,</span> <span class="cue" id="t-1178" data-t="1178">meaning that it's not connected to the Internet.</span> <span class="cue" id="t-1182" data-t="1182">But,</span> <span class="cue" id="t-1184" data-t="1184">they're not taking in their physical security</span> <span class="cue" id="t-1188" data-t="1188">as well</span> <span class="cue" id="t-1189" data-t="1189">and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1190">19:50</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1190" data-t="1190">into consideration.</span> <span class="cue" id="t-1192" data-t="1192">Because there's a different threat vector that</span> <span class="cue" id="t-1195" data-t="1195">is</span> <span class="cue" id="t-1196" data-t="1196">being presented right now, which is these hypersonic missiles of which, you know,</span> <span class="cue" id="t-1202" data-t="1202">I don't think most people have</span> <span class="cue" id="t-1205" data-t="1205">figured out</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1207">20:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1207" data-t="1207">an adequate response to that of how do you keep your stack safe of, like, yes, you can have,</span> <span class="cue" id="t-1214" data-t="1214">you know, a steel plate that you stamp your seed phrase in. But you you personally, you know, you have to take your personal</span> <span class="cue" id="t-1224" data-t="1224">security into consideration because, like, a lot of these individuals out there that</span> <span class="cue" id="t-1229" data-t="1229">know what Bitcoin is,</span> <span class="cue" id="t-1232" data-t="1232">they realize that if they take you out</span> <span class="cue" id="t-1235" data-t="1235">and your your</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1237">20:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1237" data-t="1237">Bitcoin is so secure</span> <span class="cue" id="t-1239" data-t="1239">that they can't access it,</span> <span class="cue" id="t-1242" data-t="1242">and you don't have a a solid backup plan</span> <span class="cue" id="t-1246" data-t="1246">in place to, you know, give those keys to, you know, one of your loved ones to to restore.</span> <span class="cue" id="t-1252" data-t="1252">Essentially, if they take you out, they're making their own Bitcoin more valuable because Right.</span> <span class="cue" id="t-1258" data-t="1258">The the Bitcoin on the market is less,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1261">21:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1261" data-t="1261">so it's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1263">21:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1263" data-t="1263">really an underappreciated</span> <span class="cue" id="t-1264" data-t="1264">threat factor there because people talk about,</span> <span class="cue" id="t-1268" data-t="1268">Pia Menoramic is saying he wants people to know</span> <span class="cue" id="t-1272" data-t="1272">that</span> <span class="cue" id="t-1273" data-t="1273">his Bitcoin is not at his house And some people like my cheese, like the</span> <span class="cue" id="t-1278" data-t="1278">first one words are in one continent.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1281">21:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1281" data-t="1281">The next one of the words are in another jurisdiction.</span> <span class="cue" id="t-1286" data-t="1286">If you tell me you're not getting my Bitcoin. So that should incentivize you from showing up to my house to try to steal my Bitcoin or to kill me for my Bitcoin. However,</span> <span class="cue" id="t-1295" data-t="1295">a lot of</span> <span class="cue" id="t-1297" data-t="1297">Bitcoin holders, even if they're married, even if they have families, they're still orange shelves. They haven't been able to actually orange pill their wife. They haven't taught their wife how to run a node, how to,</span> <span class="cue" id="t-1309" data-t="1309">restore,</span> <span class="cue" id="t-1310" data-t="1310">wallet from a seed phrase backup</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1313">21:53</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1313" data-t="1313">So what these</span> <span class="cue" id="t-1315" data-t="1315">these pirates,</span> <span class="cue" id="t-1317" data-t="1317">these these criminals, what they have to do and they know this is if they can if they can kill you with a hypersonic</span> <span class="cue" id="t-1324" data-t="1324">missile or otherwise,</span> <span class="cue" id="t-1326" data-t="1326">they don't need to steal your Bitcoin because theirs immediately, you know, theirs becomes more valuable. They have taken</span> <span class="cue" id="t-1332" data-t="1332">sell pressure off the market and to counteract some of these suppressors like BlackRock who are suppressing the Bitcoin price. And maybe that is what they're trying to do. Maybe they're trying to kick off</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1343">22:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1343" data-t="1343">the next bull market</span> <span class="cue" id="t-1345" data-t="1345">by removing sell pressure from people who don't have</span> <span class="cue" id="t-1350" data-t="1350">their Bitcoin</span> <span class="cue" id="t-1353" data-t="1353">stored in a way that can be accessed by their families when they pass.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1358">22:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1358" data-t="1358">One of the concerning things that I would think about, you know, is kind of deciphering Michael Sailor's,</span> <span class="cue" id="t-1365" data-t="1365">previous statements. So one of the things he suggested in the past was that one of the most selfless things that you could do is to die with your own keys, right?</span> <span class="cue" id="t-1373" data-t="1373">Right.</span> <span class="cue" id="t-1374" data-t="1374">And so, you know, I almost wonder if, like, the unspoken</span> <span class="cue" id="t-1377" data-t="1377">thing that he was saying was, if you go kill Bitcoiners,</span> <span class="cue" id="t-1383" data-t="1383">to make them die with their keys, is that one of the most</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1387">23:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1387" data-t="1387">selfless things</span> <span class="cue" id="t-1388" data-t="1388">that's going on? And maybe that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1391">23:11</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1391" data-t="1391">maybe that's the angle with these Trump assassinations, you know, somebody Exactly. Exactly. That's what I was here to say. I was gonna say, I think</span> <span class="cue" id="t-1399" data-t="1399">people</span> <span class="cue" id="t-1401" data-t="1401">kind of tell</span> <span class="cue" id="t-1403" data-t="1403">that Donald Trump</span> <span class="cue" id="t-1405" data-t="1405">doesn't have a good backup plan for his Bitcoin.</span> <span class="cue" id="t-1408" data-t="1408">His sons are kind of retarded and they probably can't figure it out and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1413">23:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1413" data-t="1413">they probably don't have to.</span> <span class="cue" id="t-1417" data-t="1417">So they know that if they, I mean,</span> <span class="cue" id="t-1419" data-t="1419">David Bailey gave Donald Trump one full Bitcoin</span> <span class="cue" id="t-1422" data-t="1422">on stage in front of everybody at the Bitcoin conference. So they know there's only 21,000,000 Bitcoin and they know that if they shoot Donald Trump and kill him, that's one Bitcoin now probably off the market forever.</span> <span class="cue" id="t-1435" data-t="1435">Nobody's gonna spend that. Donald Trump's probably already lost it himself. He's probably not even in danger,</span> <span class="cue" id="t-1440" data-t="1440">but he because he already lost it. But, you know, people don't realize that. Yeah. I mean, this changes the entire economics of assassination</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1448">24:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1448" data-t="1448">markets,</span> <span class="cue" id="t-1451" data-t="1451">which I'd find concerning. And this is why</span> <span class="cue" id="t-1455" data-t="1455">a lot of people suggest to never tell</span> <span class="cue" id="t-1458" data-t="1458">anybody how much Bitcoin you have. There's two reasons for that. One is</span> <span class="cue" id="t-1464" data-t="1464">you know, a lot lot of people out there don't have very much Bitcoin.</span> <span class="cue" id="t-1468" data-t="1468">So you don't want people to see how small your your dick is.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1473">24:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1473" data-t="1473">But, you know, if some people see,</span> <span class="cue" id="t-1475" data-t="1475">like, hear how much you do have and your dick is really big, they're gonna wanna take you off the,</span> <span class="cue" id="t-1482" data-t="1482">the market, so to say. And so there's an economic incentive,</span> <span class="cue" id="t-1486" data-t="1486">to do that,</span> <span class="cue" id="t-1488" data-t="1488">which,</span> <span class="cue" id="t-1489" data-t="1489">you know, creates a big security</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1492">24:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1492" data-t="1492">risk.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1494">24:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1494" data-t="1494">Right. It's almost</span> <span class="cue" id="t-1495" data-t="1495">it's almost like you want to whether</span> <span class="cue" id="t-1498" data-t="1498">it's almost like you don't want people to know you have Bitcoin and at all. One sat could be generational wealth at some point in the future. So even having</span> <span class="cue" id="t-1507" data-t="1507">even having</span> <span class="cue" id="t-1509" data-t="1509">even if you saw</span> <span class="cue" id="t-1511" data-t="1511">you withdrew or sold all your Bitcoin</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1514">25:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1514" data-t="1514">from way of one of your wallets, if, if, if a spout dusts it with, a few sats,</span> <span class="cue" id="t-1521" data-t="1521">in order to try to track you,</span> <span class="cue" id="t-1524" data-t="1524">or to track your address,</span> <span class="cue" id="t-1526" data-t="1526">that could be putting you in danger. That could be how the</span> <span class="cue" id="t-1530" data-t="1530">space are signaling to their influencers,</span> <span class="cue" id="t-1533" data-t="1533">which people</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1535">25:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1535" data-t="1535">to assassinate. They send them the KYC records that they stole,</span> <span class="cue" id="t-1539" data-t="1539">you know, from exchange and they say, Listen, we dusted seven accounts.</span> <span class="cue" id="t-1543" data-t="1543">Use this KYC data</span> <span class="cue" id="t-1546" data-t="1546">to track down the people and the addresses belonging to these seven accounts. These seven addresses,</span> <span class="cue" id="t-1551" data-t="1551">those are your targets for assassination.</span> <span class="cue" id="t-1553" data-t="1553">That's scary.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1555">25:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1555" data-t="1555">It is very scary.</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">But to go back to what you were saying is it was this</span> <span class="cue" id="t-1560" data-t="1560">learning how to protect yourself.</span> <span class="cue" id="t-1562" data-t="1562">And there's a lot of the acquires who, it's almost like a cognitive dissonance,</span> <span class="cue" id="t-1567" data-t="1567">because</span> <span class="cue" id="t-1568" data-t="1568">a lot of the winners are really into guns,</span> <span class="cue" id="t-1571" data-t="1571">having ammo, stocking up on guns and ammo, three d printing guns,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1576">26:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1576" data-t="1576">learning jujitsu,</span> <span class="cue" id="t-1578" data-t="1578">eating steak so you can become strong,</span> <span class="cue" id="t-1581" data-t="1581">so you can so you can fight and so you can battle, but also at the same time, the</span> <span class="cue" id="t-1587" data-t="1587">the</span> <span class="cue" id="t-1589" data-t="1589">best strategy</span> <span class="cue" id="t-1591" data-t="1591">when you're encountering any conflict</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1594">26:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1594" data-t="1594">is really to turn around and run.</span> <span class="cue" id="t-1596" data-t="1596">It's the way you're there, and if you even if you know jujitsu,</span> <span class="cue" id="t-1600" data-t="1600">if the person pulls out a gun, they shish you and you die or if you know if you know jujitsu and the person doesn't immediately lay down on their on the ground and engage you, they'll take money you do. Like you can't do jujitsu standing up. You know, you need to have a better, a bigger gun than you. Maybe they have better aim. Maybe they have a hypersonic missile.</span> <span class="cue" id="t-1620" data-t="1620">But a lot of Bitcoiners seem to realize when the government is coming after you,</span> <span class="cue" id="t-1624" data-t="1624">that's when you retreat and run. And instead of trying to fight the government and trying to</span> <span class="cue" id="t-1629" data-t="1629">counteract them, they just</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1634">27:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1634" data-t="1634">wallet available in Germany anymore in The United States anymore,</span> <span class="cue" id="t-1638" data-t="1638">or we're just gonna retreat. So it's, it's</span> <span class="cue" id="t-1641" data-t="1641">trying to realize that</span> <span class="cue" id="t-1643" data-t="1643">these in real life</span> <span class="cue" id="t-1645" data-t="1645">it's it's much less likely, I guess what I'm saying is that a government agency</span> <span class="cue" id="t-1650" data-t="1650">is gonna try to take down the Bitcoin protocol because it's a very, very hard thing to destroy,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1657">27:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1657" data-t="1657">but they can</span> <span class="cue" id="t-1658" data-t="1658">much, much, much more easily</span> <span class="cue" id="t-1661" data-t="1661">hit your house with a hypersonic missile</span> <span class="cue" id="t-1664" data-t="1664">and make their Bitcoin more valuable</span> <span class="cue" id="t-1666" data-t="1666">and make yours, you know, you're dead. You don't need to spend it anymore. You've huddled for years. You never got to enjoy it, and they just, you know, make their Bitcoin more valuable by hitting you with a hypersonic missile</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1678">27:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1678" data-t="1678">lingering sleep. Yeah. Well, I hope the Secret Service is training,</span> <span class="cue" id="t-1682" data-t="1682">Donald Trump on how to Naruto run so he can outrun, you know, the next assassin's bullets.</span> <span class="cue" id="t-1689" data-t="1689">I think it was very fortunate this time around that the attempted assassin,</span> <span class="cue" id="t-1694" data-t="1694">used an AK-forty seven,</span> <span class="cue" id="t-1696" data-t="1696">because I think, you know, the average listener, you know, is familiar with, you know, the way that firearms</span> <span class="cue" id="t-1702" data-t="1702">work know that an AK 47 is not a good firearm for,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1707">28:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1707" data-t="1707">you know, long range accurate shooting. That's why the CIA loves to give these terrorist groups</span> <span class="cue" id="t-1713" data-t="1713">AKs so that they know when the US military is going to</span> <span class="cue" id="t-1717" data-t="1717">have to fight them later on,</span> <span class="cue" id="t-1719" data-t="1719">you know, their the soldiers going into battle, you know, will have a much lower casualty rate because they won't get hit as much.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1727">28:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1727" data-t="1727">Right. They didn't actually they teach them how to hold the rifles incorrectly. And they just kind of like, like they, they send them music videos from rappers</span> <span class="cue" id="t-1737" data-t="1737">and they're like, this is how you hold a gun, which is like sideways. Like you're not bracing it against your shoulder.</span> <span class="cue" id="t-1743" data-t="1743">And all of a sudden the a 40 sevens have a very distinct,</span> <span class="cue" id="t-1747" data-t="1747">echo,</span> <span class="cue" id="t-1748" data-t="1748">or whatever you wanna call it. They, when you shoot the gun, it sounds very,</span> <span class="cue" id="t-1754" data-t="1754">distinct if you are trained,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1756">29:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1756" data-t="1756">and you've, and you've been to war. So it's, it's really, they're just, they're just kind of like,</span> <span class="cue" id="t-1762" data-t="1762">it's almost like a bigger right flag. If you, if you see anybody with AK 47, they're probably a fed.</span> <span class="cue" id="t-1768" data-t="1768">But,</span> <span class="cue" id="t-1769" data-t="1769">these, you know, we talked about this back, I would say in the beginning of June,</span> <span class="cue" id="t-1775" data-t="1775">on our episode, if you want, I think it was June 10 or June 3.</span> <span class="cue" id="t-1779" data-t="1779">I can't remember. You can figure it out if you listen, but we talked about assassination markets and we talked about how there was, I think, nearly 40,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1788">29:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1788" data-t="1788">assassinations</span> <span class="cue" id="t-1789" data-t="1789">of political,</span> <span class="cue" id="t-1791" data-t="1791">candidates</span> <span class="cue" id="t-1792" data-t="1792">in Mexico during their general election this earlier this year. And this, you know, with the second attempt on Trump's life,</span> <span class="cue" id="t-1801" data-t="1801">it seems like it's a it's it's now safe to like to say that what we warned about back in June, which is that,</span> <span class="cue" id="t-1809" data-t="1809">assassination markets</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1810">30:10</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1810" data-t="1810">on different blockchains, like, Solana</span> <span class="cue" id="t-1813" data-t="1813">and anywhere where they use meme coins,</span> <span class="cue" id="t-1816" data-t="1816">these assassination markets</span> <span class="cue" id="t-1818" data-t="1818">have, exploited our open border and have migrated to, blockchains in The United States, even some compliant blockchains, for example,</span> <span class="cue" id="t-1827" data-t="1827">have potentially been</span> <span class="cue" id="t-1829" data-t="1829">infiltrated by these assassination markets.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1831">30:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1831" data-t="1831">And so I think, you know, like I said, we've got forty years of now</span> <span class="cue" id="t-1835" data-t="1835">a presidential assassination attempt, and now we've had two in three months. I think</span> <span class="cue" id="t-1841" data-t="1841">we there's a better chance that we see these accelerate,</span> <span class="cue" id="t-1845" data-t="1845">more than, than kind of die off,</span> <span class="cue" id="t-1848" data-t="1848">especially</span> <span class="cue" id="t-1849" data-t="1849">with the federal reserve</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1851">30:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1851" data-t="1851">expected to cut interest rates later this week. You can expect to see this cause</span> <span class="cue" id="t-1858" data-t="1858">a boom</span> <span class="cue" id="t-1859" data-t="1859">in</span> <span class="cue" id="t-1861" data-t="1861">meme tokens and assassination</span> <span class="cue" id="t-1863" data-t="1863">tokens,</span> <span class="cue" id="t-1864" data-t="1864">because those really, really</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1866">31:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1866" data-t="1866">thrive in low interest rate environments. Well,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1870">31:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1870" data-t="1870">a lot of people have been wondering why Donald Trump, you know, so against open borders.</span> <span class="cue" id="t-1874" data-t="1874">And this is one of the primary reasons,</span> <span class="cue" id="t-1877" data-t="1877">why he has been is he's tried to stop this immigration</span> <span class="cue" id="t-1881" data-t="1881">of,</span> <span class="cue" data-t="1881">you know, these non compliant</span> <span class="cue" id="t-1883" data-t="1883">markets, which are targeting him specifically.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1887">31:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1887" data-t="1887">So they're it's much more than, you know, him believing that</span> <span class="cue" id="t-1891" data-t="1891">there's societal problems going on.</span> <span class="cue" id="t-1894" data-t="1894">There there's</span> <span class="cue" id="t-1895" data-t="1895">personal self interest</span> <span class="cue" id="t-1897" data-t="1897">going</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1898">31:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1898" data-t="1898">on here. Oh, right. I mean, if you think about it from just a very</span> <span class="cue" id="t-1904" data-t="1904">first principles,</span> <span class="cue" id="t-1905" data-t="1905">common sense approach,</span> <span class="cue" id="t-1907" data-t="1907">Donald Trump is</span> <span class="cue" id="t-1909" data-t="1909">the most memeable,</span> <span class="cue" id="t-1911" data-t="1911">if not the most memeable</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1914">31:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1914" data-t="1914">person in the world.</span> <span class="cue" id="t-1916" data-t="1916">It's arguably him and Elon Musk.</span> <span class="cue" id="t-1919" data-t="1919">So which assassination</span> <span class="cue" id="t-1921" data-t="1921">meme token is gonna be the most valuable? Well, the one that represents the most valuable meme. So if you are if you make if you yourself</span> <span class="cue" id="t-1931" data-t="1931">are a really, really popular meme,</span> <span class="cue" id="t-1934" data-t="1934">the assassination token that they meant</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1937">32:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1937" data-t="1937">throw your head</span> <span class="cue" id="t-1938" data-t="1938">is gonna be the one that attracts the most assassins.</span> <span class="cue" id="t-1941" data-t="1941">It's gonna attract the most BlackRock,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1944">32:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1944" data-t="1944">commercial actors. Yeah. And it makes me think, you know, is BlackRock participating</span> <span class="cue" id="t-1948" data-t="1948">in these types of markets</span> <span class="cue" id="t-1952" data-t="1952">themselves? They're</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1953">32:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1953" data-t="1953">trying to get a Solana ETF</span> <span class="cue" id="t-1956" data-t="1956">as early as later this year or next year. Why do you think BlackRock,</span> <span class="cue" id="t-1961" data-t="1961">the only company that I'm aware of that has commercials with presidential assassins acting in them, why are they trying to get meme token ETFs</span> <span class="cue" id="t-1969" data-t="1969">passed in The United States</span> <span class="cue" id="t-1971" data-t="1971">is not</span> <span class="cue" id="t-1973" data-t="1973">to attract and recruit. It's a great recruiting tool to say, if you're actors in our commercials,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1980">32:60</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1980" data-t="1980">you will be able to make a lot of money</span> <span class="cue" id="t-1983" data-t="1983">in these assassination token markets once the ETF launches.</span> <span class="cue" id="t-1987" data-t="1987">It's happening. It's like it's like if you go to a startup and you stand you work with the company and they go public, they have IPO,</span> <span class="cue" id="t-1995" data-t="1995">you make a lot of money off of that stock, that ethylene.</span> <span class="cue" id="t-1998" data-t="1998">Well, if you are an actor in BlackRock commercials and you are getting paid in assassination tokens,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2004">33:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2004" data-t="2004">when that ETF goes public, boom, you retire. Yeah. I think what's really important for the listener to understand is the world is a lot more non compliant</span> <span class="cue" id="t-2012" data-t="2012">than they,</span> <span class="cue" id="t-2014" data-t="2014">often perceive it to be.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2016">33:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2016" data-t="2016">Right. It is</span> <span class="cue" id="t-2018" data-t="2018">the people that you think are the most compliant,</span> <span class="cue" id="t-2022" data-t="2022">it turns out to</span> <span class="cue" id="t-2024" data-t="2024">be, they're the ones who are the least compliant,</span> <span class="cue" id="t-2027" data-t="2027">but they're they're hypocrites. And that's why I think that's why</span> <span class="cue" id="t-2030" data-t="2030">there's so many angry people</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2033">33:53</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2033" data-t="2033">in the country right now is because they spent their whole life</span> <span class="cue" id="t-2037" data-t="2037">studying hard,</span> <span class="cue" id="t-2039" data-t="2039">doing everything by trying to be compliant</span> <span class="cue" id="t-2042" data-t="2042">and they realize that compliant guys finish last. Yeah. It's hard to wanna</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2048">34:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2048" data-t="2048">follow the rules when you see everybody else cheating</span> <span class="cue" id="t-2052" data-t="2052">especially the people that are supposedly,</span> <span class="cue" id="t-2055" data-t="2055">supposed to enforce the rules and are making up the rules,</span> <span class="cue" id="t-2060" data-t="2060">that you are supposed to comply.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2062">34:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2062" data-t="2062">Right. Yeah. I mean, we talked about this again a few weeks ago about</span> <span class="cue" id="t-2068" data-t="2068">the compliance came telutares.</span> <span class="cue" id="t-2070" data-t="2070">They</span> <span class="cue" id="t-2071" data-t="2071">create</span> <span class="cue" id="t-2072" data-t="2072">the regulations, they create the regulatory clarity,</span> <span class="cue" id="t-2075" data-t="2075">they create the laws</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2077">34:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2077" data-t="2077">that are very expensive</span> <span class="cue" id="t-2080" data-t="2080">for companies to comply with. It costs these companies,</span> <span class="cue" id="t-2083" data-t="2083">you know, some words of millions of dollars per year to be compliant,</span> <span class="cue" id="t-2089" data-t="2089">but the people who created these compliance laws, they do not have to make they don't have to make that investment They</span> <span class="cue" id="t-2096" data-t="2096">are basically</span> <span class="cue" id="t-2098" data-t="2098">they could they have the opportunity to position</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2100">35:00</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2100" data-t="2100">their investments and their companies. This is what Nancy Pelosi does. Nancy Pelosi invests in companies</span> <span class="cue" id="t-2107" data-t="2107">right before a new compliance</span> <span class="cue" id="t-2110" data-t="2110">law comes out. And so all of the companies who are non compliant with this new law,</span> <span class="cue" id="t-2116" data-t="2116">well, their stock goes down because they have so much more costs to incur. But the companies who were already compliant that she was aware of now, now she makes money off of, of the value rise in those stocks.</span> <span class="cue" id="t-2129" data-t="2129">And this is where all the compliance cantilevers do. And none of them,</span> <span class="cue" id="t-2133" data-t="2133">I mean, even if you are compliant, they can decide</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2136">35:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2136" data-t="2136">at any point in time</span> <span class="cue" id="t-2139" data-t="2139">if they don't think you're compliant anymore.</span> <span class="cue" id="t-2141" data-t="2141">And so if you</span> <span class="cue" id="t-2142" data-t="2142">it creates this chaos. If you don't know which decisions to make,</span> <span class="cue" id="t-2147" data-t="2147">which laws to,</span> <span class="cue" id="t-2149" data-t="2149">to follow</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2151">35:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2151" data-t="2151">because they might not benefit you</span> <span class="cue" id="t-2154" data-t="2154">to follow them</span> <span class="cue" id="t-2155" data-t="2155">well then that's I mean, you're going to have a breakdown</span> <span class="cue" id="t-2159" data-t="2159">in wallets, you're going to have a breakdown in compliance, you're going to have a breakdown in law and order</span> <span class="cue" id="t-2165" data-t="2165">and it's it's it's that is not</span> <span class="cue" id="t-2168" data-t="2168">what</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2169">36:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2169" data-t="2169">you want to see if you're expecting a bull market in Bitcoin, you do not want to see these breakdowns. Like we need,</span> <span class="cue" id="t-2176" data-t="2176">we need certain stability</span> <span class="cue" id="t-2177" data-t="2177">in markets. If we want to, if we want to see NGU. 100%.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2181">36:21</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2181" data-t="2181">Oh, what a world do we live in? What do we, I, I,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2184">36:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2184" data-t="2184">I can't believe</span> <span class="cue" id="t-2185" data-t="2185">some people are calling</span> <span class="cue" id="t-2187" data-t="2187">for poly market to add,</span> <span class="cue" id="t-2190" data-t="2190">at a market for a successful</span> <span class="cue" id="t-2193" data-t="2193">assassination</span> <span class="cue" data-t="2193">attempt. So if, if, if it's not enough</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2197">36:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2197" data-t="2197">that these meme tokens are about to men when the ETF passes</span> <span class="cue" id="t-2201" data-t="2201">for Solana, I mean, now you can just directly bet with tether</span> <span class="cue" id="t-2206" data-t="2206">on, on poly market,</span> <span class="cue" id="t-2208" data-t="2208">just whether or not it's gonna happen.</span> <span class="cue" id="t-2210" data-t="2210">That's scary. I don't</span> <span class="cue" id="t-2212" data-t="2212">I who knows if they're gonna allow such a thing? Just send a noncompliant</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2216">36:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2216" data-t="2216">Bitcoin transaction?</span> <span class="cue" id="t-2218" data-t="2218">Nice. So you're in?</span> <span class="cue" id="t-2221" data-t="2221">No. I,</span> <span class="cue" id="t-2223" data-t="2223">I was donating to to samurai,</span> <span class="cue" id="t-2226" data-t="2226">to their legal</span> <span class="cue" id="t-2227" data-t="2227">defense when I I wanted to do that before</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2231">37:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2231" data-t="2231">I forgot.</span> <span class="cue" id="t-2232" data-t="2232">Probably we got we got some pretty big,</span> <span class="cue" id="t-2235" data-t="2235">donations last week.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2237">37:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2237" data-t="2237">Yeah, we did. That was, I would say that's the best</span> <span class="cue" id="t-2240" data-t="2240">the best we've ever done</span> <span class="cue" id="t-2242" data-t="2242">in terms of, raising cigarette money.</span> <span class="cue" id="t-2245" data-t="2245">Luckily,</span> <span class="cue" id="t-2247" data-t="2247">luckily,</span> <span class="cue" id="t-2248" data-t="2248">Fundamentals does not smoke cigarettes,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2251">37:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2251" data-t="2251">so we don't have to,</span> <span class="cue" id="t-2253" data-t="2253">don't have to buy him any cigarettes for the money. We get to share them all. Yeah. It was a big week for the Bugle.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2258">37:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2258" data-t="2258">We'll get into that in a little bit in the Yeah. In the fountain boost at the end of the episode, but I just thought I'd mention that real quick.</span> <span class="cue" id="t-2266" data-t="2266">45,000</span> <span class="cue" id="t-2267" data-t="2267">sets</span> <span class="cue" id="t-2269" data-t="2269">over</span> <span class="cue" id="t-2270" data-t="2270">to the samurai legal defense fund.</span> <span class="cue" id="t-2273" data-t="2273">I think</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2275">37:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2275" data-t="2275">I don't know. It's an interesting topic I wanna talk about later, but we got a few more things that we gotta get through before we get there.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2281">38:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2281" data-t="2281">Yeah. So speaking of,</span> <span class="cue" id="t-2284" data-t="2284">intellectual silk, where it would be like fundamentals,</span> <span class="cue" id="t-2287" data-t="2287">we recently</span> <span class="cue" id="t-2288" data-t="2288">learned about,</span> <span class="cue" id="t-2290" data-t="2290">a new, some members of the intellectual silk road are building a very exciting</span> <span class="cue" id="t-2295" data-t="2295">new technology</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2297">38:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2297" data-t="2297">called</span> <span class="cue" id="t-2298" data-t="2298">ZKKYC,</span> <span class="cue" id="t-2300" data-t="2300">which stands for Zero Knowledge KYC.</span> <span class="cue" id="t-2303" data-t="2303">So if you're familiar with ZK Prius, ZK Rollups on some of these other chains and something they're trying to bring to the Bitcoin blockchain,</span> <span class="cue" id="t-2311" data-t="2311">These guys are using this for,</span> <span class="cue" id="t-2313" data-t="2313">for KYC</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2315">38:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2315" data-t="2315">documents. So we're gonna play</span> <span class="cue" id="t-2317" data-t="2317">their pitch,</span> <span class="cue" id="t-2318" data-t="2318">their ad for z k KYC</span> <span class="cue" id="t-2321" data-t="2321">right now,</span> <span class="cue" id="t-2323" data-t="2323">and they will talk about it here a little bit after and and see what you think.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2327">38:47</a><span class="cue-body"><b class="cue-who">Narrator 1</b> <span class="cue" id="t-2327" data-t="2327">Successful businesses are obsessed with their customers.</span> <span class="cue" id="t-2331" data-t="2331">Understanding the unique problems and circumstances</span> <span class="cue" id="t-2334" data-t="2334">your customers face enables your business to provide high quality solutions and great customer service.</span> <span class="cue" id="t-2341" data-t="2341">Many highly successful entrepreneurs,</span> <span class="cue" id="t-2344" data-t="2344">including Steve Jobs and Jeff Bezos,</span> <span class="cue" id="t-2347" data-t="2347">credit the success of their businesses to their obsession with knowing their customers.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2352">39:12</a><span class="cue-body"><b class="cue-who">Narrator 2</b> <span class="cue" id="t-2352" data-t="2352">However, the information collected about us by our favorite brands, consumer product retailers, and financial service providers in order to provide high quality,</span> <span class="cue" id="t-2361" data-t="2361">low cost services</span> <span class="cue" id="t-2362" data-t="2362">with best in class customer experiences</span> <span class="cue" id="t-2365" data-t="2365">is very valuable</span> <span class="cue" id="t-2366" data-t="2366">and stored in databases which act act as honeypots attracting nefarious governments,</span> <span class="cue" id="t-2371" data-t="2371">hackers, and law enforcement who wanna gain access to it. That's why we're developing Zero Knowledge</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2377">39:37</a><span class="cue-body"><b class="cue-who">Narrator 1</b> <span class="cue" id="t-2377" data-t="2377">KYC.</span> <span class="cue" id="t-2378" data-t="2378">ZKKYC</span> <span class="cue" id="t-2380" data-t="2380">will allow regulated companies to comply</span> <span class="cue" id="t-2383" data-t="2383">with know your customer</span> <span class="cue" id="t-2384" data-t="2384">and anti money laundering laws, as well as tailor your experience to your unique customer profile</span> <span class="cue" id="t-2391" data-t="2391">without ever needing to know or store</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2394">39:54</a><span class="cue-body"><b class="cue-who">Narrator 1</b> <span class="cue" id="t-2394" data-t="2394">compromising information about your off chain identity,</span> <span class="cue" id="t-2397" data-t="2397">sensitive personal details, or shopping habits which could be used to associate you to your on chain activity.</span> <span class="cue" id="t-2404" data-t="2404">To learn more about z k k y c and unlocking the power of asymmetric compliance,</span> <span class="cue" id="t-2410" data-t="2410">contact us on the intellectual Silk Road today.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2415">40:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2415" data-t="2415">What did you think about that?</span> <span class="cue" id="t-2417" data-t="2417">Richard,</span> <span class="cue" data-t="2417">are you are you pretty bullish on z j k y c?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2423">40:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2423" data-t="2423">I think it's an improvement.</span> <span class="cue" id="t-2425" data-t="2425">I know, like a lot of the big tech companies, they try and advertise that this is what they're doing, and I don't believe it. So I'm a little bit skeptical</span> <span class="cue" id="t-2435" data-t="2435">of this just because we've been so abused when it comes to our individual, you know, privacy</span> <span class="cue" id="t-2441" data-t="2441">in general. But, you know, I while I'm skeptical, I feel hopeful at the same time.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2447">40:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2447" data-t="2447">Yeah. Yeah. So</span> <span class="cue" id="t-2449" data-t="2449">for those of you who are not</span> <span class="cue" id="t-2451" data-t="2451">exactly</span> <span class="cue" id="t-2452" data-t="2452">you don't know exactly what this stuff means, right?</span> <span class="cue" id="t-2455" data-t="2455">So z k, Zero Knowledge Prius, or essentially,</span> <span class="cue" id="t-2459" data-t="2459">it's a method by which</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2461">41:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2461" data-t="2461">one party, the prover, can prove to their counterparty,</span> <span class="cue" id="t-2466" data-t="2466">the verifier,</span> <span class="cue" id="t-2467" data-t="2467">that a given</span> <span class="cue" id="t-2468" data-t="2468">statement</span> <span class="cue" id="t-2469" data-t="2469">is true</span> <span class="cue" id="t-2471" data-t="2471">while avoiding</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">Rod Palmer</b> <span class="cue" id="t-2472" data-t="2472">actually conveying or exposing to the verifier any of the information beyond the fact that it's true.</span> <span class="cue" id="t-2479" data-t="2479">So with z k KYC,</span> <span class="cue" id="t-2482" data-t="2482">you are able to,</span> <span class="cue" id="t-2484" data-t="2484">as a company,</span> <span class="cue" id="t-2487" data-t="2487">comply with</span> <span class="cue" id="t-2488" data-t="2488">KYC, AML,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2490">41:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2490" data-t="2490">other types of</span> <span class="cue" id="t-2492" data-t="2492">of of compliance regulation laws.</span> <span class="cue" id="t-2494" data-t="2494">And as the customer, as the user,</span> <span class="cue" id="t-2497" data-t="2497">you're able to</span> <span class="cue" id="t-2499" data-t="2499">also comply with these laws without actually having</span> <span class="cue" id="t-2502" data-t="2502">to give the</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2504">41:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2504" data-t="2504">give the company your your personal information,</span> <span class="cue" id="t-2508" data-t="2508">sharing with them certain, like, you know, this is your private beta because even if you trust your favorite brands</span> <span class="cue" id="t-2515" data-t="2515">and consumer retail product providers,</span> <span class="cue" id="t-2518" data-t="2518">with all this data, because they're giving you such good customer experiences, if, you know, if they get hacked or the government</span> <span class="cue" id="t-2525" data-t="2525">asks them</span> <span class="cue" id="t-2526" data-t="2526">or there's a compliance cantillionaire</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2529">42:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2529" data-t="2529">decides to change the laws to say that your favorite Bitcoin company has to give them all in your data so they can make sure that you can afford to pay your taxes.</span> <span class="cue" id="t-2538" data-t="2538">Well, now</span> <span class="cue" id="t-2539" data-t="2539">you've been compromised.</span> <span class="cue" id="t-2541" data-t="2541">And so this is an attempt, this is what they're calling</span> <span class="cue" id="t-2544" data-t="2544">asymmetric</span> <span class="cue" id="t-2545" data-t="2545">compliance.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2546">42:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2546" data-t="2546">And because we live</span> <span class="cue" id="t-2550" data-t="2550">in a regime right now where</span> <span class="cue" id="t-2553" data-t="2553">we</span> <span class="cue" id="t-2554" data-t="2554">the citizens, the taxpayers</span> <span class="cue" id="t-2557" data-t="2557">are expected to comply,</span> <span class="cue" id="t-2559" data-t="2559">but the compliance plan trillionaires and the government and people who,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2564">42:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2564" data-t="2564">act in BlackRock commercials,</span> <span class="cue" id="t-2566" data-t="2566">they are not expected to comply. They can be non compliant.</span> <span class="cue" id="t-2569" data-t="2569">It's an asymmetric</span> <span class="cue" id="t-2571" data-t="2571">compliance,</span> <span class="cue" id="t-2573" data-t="2573">environment. And so we need asymmetric</span> <span class="cue" id="t-2575" data-t="2575">compliance solutions.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2577">42:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2577" data-t="2577">And it's, it's kind of like what we talked about at the beginning when we started this podcast</span> <span class="cue" id="t-2583" data-t="2583">that sometimes</span> <span class="cue" id="t-2585" data-t="2585">you've got to out comply the government</span> <span class="cue" id="t-2587" data-t="2587">and in in the Cypherpunks</span> <span class="cue" id="t-2589" data-t="2589">solution</span> <span class="cue" id="t-2590" data-t="2590">is, is there we're building</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2593">43:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2593" data-t="2593">zero knowledge,</span> <span class="cue" id="t-2594" data-t="2594">KYC.</span> <span class="cue" id="t-2596" data-t="2596">I don't know if that's the way forward, but it's, it'll be interesting to to see how the intellectual Silk Road, cypherpunks,</span> <span class="cue" id="t-2603" data-t="2603">engineers, builders,</span> <span class="cue" id="t-2605" data-t="2605">which is what we are. I mean, intellectual silk road is we're Cypherpunks and builders and intellectuals.</span> <span class="cue" id="t-2611" data-t="2611">You gotta try something. So I think we're, I think that's where we're kind of at right now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2615">43:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2615" data-t="2615">It's just nice to see a little bit of innovation.</span> <span class="cue" id="t-2618" data-t="2618">I feel like</span> <span class="cue" id="t-2620" data-t="2620">there's innovation in some places,</span> <span class="cue" id="t-2625" data-t="2625">but in many ways, we've been moving backwards.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2629">43:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2629" data-t="2629">Right.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2630">43:50</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2630" data-t="2630">And</span> <span class="cue" id="t-2631" data-t="2631">I think, you know, the key to success is just always be moving forward, always trying to grow, always trying to improve</span> <span class="cue" id="t-2638" data-t="2638">on these processes. And this seems like, you know, whether it's gonna be successful or not, I don't know. But at least it's an attempt.</span> <span class="cue" id="t-2647" data-t="2647">So that has me</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2649">44:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2649" data-t="2649">feeling a little bit hopeful. Right. So there was a lightning.</span> <span class="cue" id="t-2653" data-t="2653">Bitcoin innovation</span> <span class="cue" id="t-2654" data-t="2654">comes in these waves and it's like these eras. Some people,</span> <span class="cue" id="t-2658" data-t="2658">call it like Bitcoin season one, Bitcoin season two, but</span> <span class="cue" id="t-2662" data-t="2662">whatever you call it, it seems like most of the innovation, 99%</span> <span class="cue" id="t-2667" data-t="2667">of the innovation</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2670">44:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2670" data-t="2670">that has occurred on Bitcoin since</span> <span class="cue" id="t-2673" data-t="2673">the last cycle, so the end of twenty twenty, the last bull market</span> <span class="cue" id="t-2678" data-t="2678">has been</span> <span class="cue" id="t-2679" data-t="2679">and don't get me wrong, these are wonderful solutions, wonderful technologies, but they've kind of we've kind of come to the end of the road with the value that we can get from them, but it's it's been ETFs</span> <span class="cue" id="t-2691" data-t="2691">it's Stellia Lightning wallets</span> <span class="cue" id="t-2693" data-t="2693">and they're decentralizing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2694">44:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2694" data-t="2694">mining with, BitAxes</span> <span class="cue" id="t-2697" data-t="2697">and those are great, but we haven't addressed</span> <span class="cue" id="t-2699" data-t="2699">and we haven't addressed the privacy problems,</span> <span class="cue" id="t-2703" data-t="2703">because Bitcoin</span> <span class="cue" id="t-2705" data-t="2705">Lightning Network is a lot of privacy</span> <span class="cue" id="t-2709" data-t="2709">improvements that you can get from using Lightning</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2711">45:11</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2711" data-t="2711">unless</span> <span class="cue" id="t-2713" data-t="2713">you're using Custodial Lightning. So Custodial Lightning is faster, it works better,</span> <span class="cue" id="t-2718" data-t="2718">it's cheaper,</span> <span class="cue" id="t-2720" data-t="2720">you know, everybody can use it, you can boost our podcast with it,</span> <span class="cue" id="t-2726" data-t="2726">but, if you're trying to transact</span> <span class="cue" id="t-2728" data-t="2728">adversarially</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">Rod Palmer</b> <span class="cue" id="t-2730" data-t="2730">using Lightning Networks, you're kind of stuck</span> <span class="cue" id="t-2732" data-t="2732">either using</span> <span class="cue" id="t-2735" data-t="2735">Zunes, which is amazing,</span> <span class="cue" id="t-2737" data-t="2737">Liquid,</span> <span class="cue" id="t-2738" data-t="2738">but that's that's not really Bitcoin,</span> <span class="cue" id="t-2742" data-t="2742">or Moon Wallet. You know, those are kind of your only options. I I know I'm missing one, so I'm sorry if I if I missed it. I'll meet you, but they they quit,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2751">45:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2751" data-t="2751">So they they they surrendered to the Taproot Wizards. But,</span> <span class="cue" id="t-2756" data-t="2756">but yeah, so it's you got Fedimint, Fedimint's are pretty cool. There's some blood. That's like probably the most private way to use Bitcoin lightning network,</span> <span class="cue" id="t-2765" data-t="2765">in a custodial way.</span> <span class="cue" id="t-2767" data-t="2767">I mean, when it comes to Fedimans, that's</span> <span class="cue" id="t-2771" data-t="2771">really not something you wanna do outside of your group chat. So,</span> <span class="cue" id="t-2777" data-t="2777">we need more innovation. So this is, so like I said, this is where this is coming from. People really want to use custodial lightning, but they want to remain private and they want to use it outside of their group chat,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2787">46:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2787" data-t="2787">maybe to see KKYC,</span> <span class="cue" id="t-2790" data-t="2790">could be a solution for them. It can maybe be a solution for,</span> <span class="cue" id="t-2795" data-t="2795">for KYC mining because that's what most people do, right? They're they're using KYC</span> <span class="cue" id="t-2800" data-t="2800">mining pools.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2802">46:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2802" data-t="2802">Yeah. They're buying a little bit of axes and,</span> <span class="cue" id="t-2806" data-t="2806">they're going through the KYC process</span> <span class="cue" id="t-2809" data-t="2809">rather than mine. They wanna be compliant.</span> <span class="cue" id="t-2811" data-t="2811">They don't want,</span> <span class="cue" id="t-2813" data-t="2813">you know, the significant</span> <span class="cue" id="t-2815" data-t="2815">amount of the the Bitcoin hash rate to be noncompliant</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">Richard Greaser</b> <span class="cue" id="t-2818" data-t="2818">like it historically has been,</span> <span class="cue" id="t-2823" data-t="2823">which, you know, is a bummer. I think, you know, a lot of this has to do with, you know, Podkom's</span> <span class="cue" id="t-2829" data-t="2829">messaging,</span> <span class="cue" id="t-2831" data-t="2831">the idea that compliance is defiance, but in reality, it isn't. But, like,</span> <span class="cue" id="t-2835" data-t="2835">you know, like, I see the importance for something like this, like the the z k,</span> <span class="cue" id="t-2840" data-t="2840">KYC</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2843">47:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2843" data-t="2843">because, you know, we have a real issue here, which is that</span> <span class="cue" id="t-2848" data-t="2848">assassination markets</span> <span class="cue" id="t-2849" data-t="2849">are coming into Western countries.</span> <span class="cue" id="t-2852" data-t="2852">And there's a potential for Bitcoiners to be targeted in an attempt to promote</span> <span class="cue" id="t-2858" data-t="2858">NGU. And we</span> <span class="cue" id="t-2860" data-t="2860">you know, every time you put your KYC information into a website, it's essentially getting</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2866">47:46</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2866" data-t="2866">it's like broadcasting a transaction on the blockchain where, you know, it's viewable for everybody to see,</span> <span class="cue" id="t-2872" data-t="2872">essentially.</span> <span class="cue" id="t-2874" data-t="2874">And,</span> <span class="cue" id="t-2875" data-t="2875">like, this is</span> <span class="cue" id="t-2876" data-t="2876">potentially</span> <span class="cue" id="t-2877" data-t="2877">a massive way to help people,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2881">48:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2881" data-t="2881">secure their Bitcoin to secure their own</span> <span class="cue" id="t-2884" data-t="2884">lives,</span> <span class="cue" id="t-2886" data-t="2886">more effectively. It's a potential</span> <span class="cue" id="t-2889" data-t="2889">big gain for people</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2892">48:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2892" data-t="2892">in their OPSEC in in general. Hell yeah, man. I'm I'm sound bullish</span> <span class="cue" id="t-2897" data-t="2897">on the builders and the cyber punks as the intellectual silk road continues to grow, continues to expand.</span> <span class="cue" id="t-2905" data-t="2905">And I,</span> <span class="cue" id="t-2907" data-t="2907">and I just love to see the growth and the optimism in the group chats. If you're not in a group chat right now,</span> <span class="cue" id="t-2914" data-t="2914">you're missing out in the, like we said,</span> <span class="cue" id="t-2917" data-t="2917">the problems of tomorrow,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2920">48:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2920" data-t="2920">the game theory</span> <span class="cue" id="t-2921" data-t="2921">to figure out how we solve some of these problems.</span> <span class="cue" id="t-2924" data-t="2924">It's all taking place in group chats right now. And your job right now is to I would say there's two things your job as a plant right now</span> <span class="cue" id="t-2932" data-t="2932">is to be on as many</span> <span class="cue" id="t-2935" data-t="2935">podcast</span> <span class="cue" id="t-2936" data-t="2936">payment splits on Fountain as possible</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2938">48:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2938" data-t="2938">You want to generate as much passive revenue</span> <span class="cue" id="t-2942" data-t="2942">through payment splits of Bitcoin podcasts that you have either</span> <span class="cue" id="t-2946" data-t="2946">hosted yourself. So if you're hosting a Bitcoin podcast or you're becoming a guest on Bitcoin podcasts, or you are a guest on spaces</span> <span class="cue" id="t-2953" data-t="2953">that gets uploaded to fountain to be consumed as a podcast,</span> <span class="cue" id="t-2956" data-t="2956">Like, you wanna get on as many fountain splits as possible,</span> <span class="cue" id="t-2960" data-t="2960">and,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2961">49:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2961" data-t="2961">you wanna get in the you wanna be networking in the most</span> <span class="cue" id="t-2966" data-t="2966">high signal</span> <span class="cue" id="t-2968" data-t="2968">influencer</span> <span class="cue" id="t-2969" data-t="2969">popular</span> <span class="cue" id="t-2970" data-t="2970">group chats,</span> <span class="cue" id="t-2971" data-t="2971">where Cypherpunks are discussing game theory.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2974">49:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2974" data-t="2974">And,</span> <span class="cue" id="t-2976" data-t="2976">it's time to move on to, I guess, our last topic. This one has been,</span> <span class="cue" id="t-2980" data-t="2980">other than assassination markets and politics,</span> <span class="cue" id="t-2984" data-t="2984">the biggest drama on the timeline</span> <span class="cue" id="t-2986" data-t="2986">since last week</span> <span class="cue" id="t-2988" data-t="2988">has been,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2990">49:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2990" data-t="2990">with Whitney Webb and Whitney Webb recently put out</span> <span class="cue" id="t-2994" data-t="2994">another article in her investigative</span> <span class="cue" id="t-2997" data-t="2997">series</span> <span class="cue" id="t-2998" data-t="2998">with,</span> <span class="cue" id="t-3000" data-t="3000">the website unlimited hangout.</span> <span class="cue" id="t-3003" data-t="3003">And</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3004">50:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3004" data-t="3004">honestly,</span> <span class="cue" id="t-3006" data-t="3006">it's kind of surprising.</span> <span class="cue" id="t-3007" data-t="3007">So before last week,</span> <span class="cue" id="t-3010" data-t="3010">it seemed like Whitney Webb was one of the most popular</span> <span class="cue" id="t-3012" data-t="3012">influencers in Bitcoin.</span> <span class="cue" id="t-3015" data-t="3015">Joe Rogan and, and Peter Thiel were talking about Whitney.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3019">50:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3019" data-t="3019">I mean, pretty much every podcaster,</span> <span class="cue" id="t-3021" data-t="3021">had Whitney Webb's name in their mouth in a positive way.</span> <span class="cue" id="t-3025" data-t="3025">But that all changed</span> <span class="cue" id="t-3027" data-t="3027">this</span> <span class="cue" id="t-3028" data-t="3028">week with her latest article, which honestly</span> <span class="cue" id="t-3032" data-t="3032">is</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3033">50:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3033" data-t="3033">very in line,</span> <span class="cue" id="t-3035" data-t="3035">same tone, same type of content as her previous</span> <span class="cue" id="t-3039" data-t="3039">investigative series.</span> <span class="cue" id="t-3040" data-t="3040">So</span> <span class="cue" id="t-3041" data-t="3041">I guess</span> <span class="cue" id="t-3042" data-t="3042">the mystery right now</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3045">50:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3045" data-t="3045">that we're trying to figure out and maybe you have some insight on this, Richard</span> <span class="cue" id="t-3049" data-t="3049">what changed? Why is</span> <span class="cue" id="t-3051" data-t="3051">Willy Webb so</span> <span class="cue" id="t-3055" data-t="3055">controversial this week?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3057">50:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3057" data-t="3057">Well, it looks like she upset Podkoff.</span> <span class="cue" id="t-3062" data-t="3062">And I think one of the things a lot of people are struggling with is there's been a saying</span> <span class="cue" id="t-3068" data-t="3068">for years, which is that everything is good for Bitcoin.</span> <span class="cue" id="t-3072" data-t="3072">And now a lot of people are questioning, is Whitney Webb</span> <span class="cue" id="t-3077" data-t="3077">actually good for Bitcoin? You know, did their model get broken? Did they find</span> <span class="cue" id="t-3082" data-t="3082">an individual, a credentialed journalist that is actually not good for Bitcoin</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3086">51:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3086" data-t="3086">in some way? Did their model get destroyed?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3090">51:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3090" data-t="3090">Right. It's it seemed like the</span> <span class="cue" id="t-3094" data-t="3094">the majority of the criticism</span> <span class="cue" id="t-3096" data-t="3096">or the pushback that she's getting,</span> <span class="cue" id="t-3099" data-t="3099">across contests,</span> <span class="cue" id="t-3101" data-t="3101">this past week has been more to do</span> <span class="cue" id="t-3105" data-t="3105">with her tone</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">and that she has</span> <span class="cue" id="t-3108" data-t="3108">kind of crossed</span> <span class="cue" id="t-3110" data-t="3110">over to be</span> <span class="cue" id="t-3111" data-t="3111">like a perpetual doomer,</span> <span class="cue" id="t-3115" data-t="3115">lately and that it's that she doesn't understand Bitcoin. Let me read this quote that I took from a Bitcoin podcaster,</span> <span class="cue" id="t-3123" data-t="3123">who was posting about Whitney a lot on, on Twitter last week. He said, listen, nobody</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3128">52:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3128" data-t="3128">can dispute any of the evidence when new websites enter extensively researched</span> <span class="cue" id="t-3133" data-t="3133">highly scrutinized</span> <span class="cue" id="t-3134" data-t="3134">widely discussed investigation</span> <span class="cue" id="t-3136" data-t="3136">that caused</span> <span class="cue" id="t-3137" data-t="3137">me and some of my favorite accounts on Noester and some Bitcoin</span> <span class="cue" id="t-3141" data-t="3141">podcasts that I listen to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3144">52:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3144" data-t="3144">to feel</span> <span class="cue" id="t-3145" data-t="3145">that everything</span> <span class="cue" id="t-3147" data-t="3147">to become nervous that everything that we thought</span> <span class="cue" id="t-3150" data-t="3150">was going on in the past</span> <span class="cue" id="t-3152" data-t="3152">nine months that we thought was bullish</span> <span class="cue" id="t-3155" data-t="3155">is actually</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3156">52:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3156" data-t="3156">bearish.</span> <span class="cue" id="t-3158" data-t="3158">And I just I just think</span> <span class="cue" id="t-3161" data-t="3161">that Winnie should listen to as many Bitcoin podcasts as I have,</span> <span class="cue" id="t-3165" data-t="3165">and then</span> <span class="cue" id="t-3167" data-t="3167">tell me if she still feels bearish, because if she's listened to as many Bitcoin</span> <span class="cue" id="t-3171" data-t="3171">podcasts as I have, and she has a low time preference</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">Rod Palmer</b> <span class="cue" id="t-3174" data-t="3174">as I have,</span> <span class="cue" id="t-3176" data-t="3176">and she still feels worried,</span> <span class="cue" id="t-3178" data-t="3178">about this takeover by,</span> <span class="cue" id="t-3180" data-t="3180">the CIA and pedophiles and these different banking cartels,</span> <span class="cue" id="t-3184" data-t="3184">then maybe I should be worried, but I don't think she's listened to enough Bitcoin podcasts to understand</span> <span class="cue" id="t-3190" data-t="3190">that this is actually good for Bitcoin and that Bitcoin doesn't care. And that seems to be the kind of the consensus is that we kind of solved this problem. We already talked about these</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3200">53:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3200" data-t="3200">potential</span> <span class="cue" id="t-3202" data-t="3202">risks to Bitcoin and why it could fail years ago. We talked about it on spaces. We talked about it on CloudHouse.</span> <span class="cue" id="t-3208" data-t="3208">Nobody thinks about why Bitcoin could fail more than Bitcoiners do, and that's why we it's so easy to dunk on journalists and other people on on Twitter</span> <span class="cue" id="t-3217" data-t="3217">when they try to spread fun</span> <span class="cue" id="t-3219" data-t="3219">because we thought about this stuff already,</span> <span class="cue" id="t-3222" data-t="3222">But</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3223">53:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3223" data-t="3223">the Whitney</span> <span class="cue" id="t-3225" data-t="3225">is still coming at it with more well researched FUD</span> <span class="cue" id="t-3229" data-t="3229">than anybody at the New York Times or the Washington Post or at Forbes, and so this is causing some some influencers to feel nervous.</span> <span class="cue" id="t-3238" data-t="3238">And do you think that do you think that</span> <span class="cue" id="t-3240" data-t="3240">I'm sorry. Somebody called her a witch, that she's creating hysteria,</span> <span class="cue" id="t-3244" data-t="3244">that she's creating a flood of hysteria on the timeline</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3247">54:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3247" data-t="3247">when we are trying to</span> <span class="cue" id="t-3250" data-t="3250">to get a a bull market kicked off and that she's kinda wrecking</span> <span class="cue" id="t-3254" data-t="3254">that. Well,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3255">54:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3255" data-t="3255">I think one of her critical misunderstandings</span> <span class="cue" id="t-3258" data-t="3258">or it might not even be misunderstanding,</span> <span class="cue" id="t-3260" data-t="3260">it just might be not the best way to communicate</span> <span class="cue" id="t-3264" data-t="3264">to a crowd that has listened to so many hours of Bitcoin podcasts is</span> <span class="cue" id="t-3270" data-t="3270">you know, she's suggesting</span> <span class="cue" id="t-3272" data-t="3272">that, you know, for Bitcoin to have a meaningful impact,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3275">54:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3275" data-t="3275">people are actually gonna have to do something</span> <span class="cue" id="t-3278" data-t="3278">other than just buy it on a KYC</span> <span class="cue" id="t-3281" data-t="3281">exchange and put it on their, you know, hardware</span> <span class="cue" id="t-3286" data-t="3286">wallet or or signing device.</span> <span class="cue" id="t-3289" data-t="3289">And I I think people are kinda unhappy</span> <span class="cue" id="t-3291" data-t="3291">with that idea because, you know, they're out there,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3294">54:54</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3294" data-t="3294">you know, they're working their their butts off to, you know, be able to afford their Netflix subscription</span> <span class="cue" id="t-3300" data-t="3300">and their you know, to be able to afford to pay taxes.</span> <span class="cue" id="t-3303" data-t="3303">And the suggestion that they actually have to, like,</span> <span class="cue" id="t-3311" data-t="3311">buy,</span> <span class="cue" id="t-3313" data-t="3313">Bitcoin is very alarming to them because it would require an entire change in,</span> <span class="cue" id="t-3321" data-t="3321">just general life strategy. It you know, it's uncomfortable. It's uncomfortable to have to, you know, like, get up and participate</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3329">55:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3329" data-t="3329">in the world around you, you know, and take accountability,</span> <span class="cue" id="t-3332" data-t="3332">you know, for yourself,</span> <span class="cue" id="t-3335" data-t="3335">it's,</span> <span class="cue" id="t-3336" data-t="3336">it's a big ask that I I don't think a lot of people have really, like,</span> <span class="cue" id="t-3341" data-t="3341">you know, mentally</span> <span class="cue" id="t-3342" data-t="3342">prepared for.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3344">55:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3344" data-t="3344">They thought Yeah.</span> <span class="cue" id="t-3345" data-t="3345">They thought</span> <span class="cue" id="t-3346" data-t="3346">that Bitcoin would fix these problems for them. I mean, like, why do people support the government?</span> <span class="cue" id="t-3353" data-t="3353">They support the government because despite their noncompliance, because they say this institution</span> <span class="cue" id="t-3362" data-t="3362">is gonna solve problems for me. That's why I'm paying my taxes because I want them to solve problems for me. I don't wanna do it myself.</span> <span class="cue" id="t-3370" data-t="3370">And in the same way, they're buying Bitcoin</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3374">56:14</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3374" data-t="3374">thinking that, you know, they can replace the government, that Bitcoin's gonna solve</span> <span class="cue" id="t-3379" data-t="3379">problems for them.</span> <span class="cue" id="t-3381" data-t="3381">So instead of, you know, necessarily paying taxes to the government, they're paying taxes to the Bitcoin network and</span> <span class="cue" id="t-3387" data-t="3387">in exchange fees.</span> <span class="cue" id="t-3390" data-t="3390">But now</span> <span class="cue" id="t-3392" data-t="3392">now she's essentially presenting a different image</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3395">56:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3395" data-t="3395">or a different</span> <span class="cue" id="t-3397" data-t="3397">different strategy that needs to be you know, potentially adopted.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3402">56:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3402" data-t="3402">Right.</span> <span class="cue" id="t-3405" data-t="3405">It's like ozenovate.</span> <span class="cue" id="t-3406" data-t="3406">It's like ozenovate makes you fit.</span> <span class="cue" id="t-3409" data-t="3409">It fixes obesity.</span> <span class="cue" id="t-3411" data-t="3411">But if you don't change your eating habits</span> <span class="cue" id="t-3414" data-t="3414">and your lifestyle,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3416">56:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3416" data-t="3416">you</span> <span class="cue" id="t-3417" data-t="3417">know, it doesn't it doesn't really fix everything.</span> <span class="cue" id="t-3421" data-t="3421">I don't know if that's it. I think some people have this</span> <span class="cue" id="t-3426" data-t="3426">and this is, you know, probably</span> <span class="cue" id="t-3428" data-t="3428">a problem of, of just the way we were,</span> <span class="cue" id="t-3431" data-t="3431">the world we grew up in. It's like, when you see a bunch of people protesting</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3436">57:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3436" data-t="3436">on a college campus</span> <span class="cue" id="t-3438" data-t="3438">and it's like, they're protesting a genocide</span> <span class="cue" id="t-3441" data-t="3441">and you're like, and they're screaming. They're hysterical. They're so emotional, kind of like when you went and then she's on a podcast.</span> <span class="cue" id="t-3447" data-t="3447">And it's like, you need to calm down.</span> <span class="cue" id="t-3450" data-t="3450">Once you have gone through, once you finish</span> <span class="cue" id="t-3453" data-t="3453">your college education, you're not just</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3456">57:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3456" data-t="3456">halfway</span> <span class="cue" id="t-3457" data-t="3457">through freshman political science.</span> <span class="cue" id="t-3459" data-t="3459">Once you actually get all the way through, once you've made it through life and you're middle aged,</span> <span class="cue" id="t-3464" data-t="3464">you'll realize</span> <span class="cue" id="t-3465" data-t="3465">that if you don't, you don't have to be so emotional and you don't have to get so,</span> <span class="cue" id="t-3471" data-t="3471">worked up over these genocides. If you just do nothing,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3474">57:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3474" data-t="3474">your life is okay. You're fine. You don't have nothing.</span> <span class="cue" id="t-3477" data-t="3477">It all gets worked out. Everything gets solved</span> <span class="cue" id="t-3480" data-t="3480">and you don't have to, don't have to do anything yourself.</span> <span class="cue" id="t-3484" data-t="3484">And it's like, once you listen to enough podcasts and you understand that everything is good for Bitcoin, everything</span> <span class="cue" id="t-3491" data-t="3491">is good for Bitcoin. Bitcoin does not care.</span> <span class="cue" id="t-3495" data-t="3495">You just ignore</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3497">58:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3497" data-t="3497">all of this FUD, all of this Fiat</span> <span class="cue" id="t-3500" data-t="3500">noise that's going around all BlackRock and the most powerful</span> <span class="cue" id="t-3505" data-t="3505">intelligence agencies and banking cartels</span> <span class="cue" id="t-3509" data-t="3509">are creating</span> <span class="cue" id="t-3511" data-t="3511">this central bank</span> <span class="cue" id="t-3513" data-t="3513">digital monetary</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3514">58:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3514" data-t="3514">network panopicon</span> <span class="cue" id="t-3516" data-t="3516">of surveillance</span> <span class="cue" id="t-3517" data-t="3517">that is regardless of which</span> <span class="cue" id="t-3520" data-t="3520">government or state jurisdiction you live in is kind of creating</span> <span class="cue" id="t-3526" data-t="3526">this wild garden of access to financial,</span> <span class="cue" id="t-3531" data-t="3531">financial transactions.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3532">58:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3532" data-t="3532">And, and they're using they're, they're building it on top of Bitcoin to create this like,</span> <span class="cue" id="t-3537" data-t="3537">something that actually you spend these dollar tokens, maybe like tether.</span> <span class="cue" id="t-3542" data-t="3542">It's like,</span> <span class="cue" id="t-3543" data-t="3543">dude, relax. We've thought about</span> <span class="cue" id="t-3546" data-t="3546">this in spaces</span> <span class="cue" id="t-3547" data-t="3547">already.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3548">59:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3548" data-t="3548">All we have to do, it's game theory.</span> <span class="cue" id="t-3551" data-t="3551">Bitcoin is decentralized.</span> <span class="cue" id="t-3553" data-t="3553">We just for it. We just for it the government off. There's nothing they could do about it. And if you think about it, like, if</span> <span class="cue" id="t-3560" data-t="3560">all of the the governments and banks</span> <span class="cue" id="t-3563" data-t="3563">and merchants</span> <span class="cue" id="t-3565" data-t="3565">and militaries</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3567">59:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3567" data-t="3567">and intelligence agencies, if they all tried to take over Bitcoin and they try to take over 51%</span> <span class="cue" id="t-3573" data-t="3573">of the mining with all the KYC mining pools,</span> <span class="cue" id="t-3576" data-t="3576">all we have to do</span> <span class="cue" id="t-3578" data-t="3578">is fork off</span> <span class="cue" id="t-3580" data-t="3580">on a Friday afternoon</span> <span class="cue" id="t-3582" data-t="3582">and then sell all of our Fed coins</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3585">59:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3585" data-t="3585">on Binance</span> <span class="cue" id="t-3586" data-t="3586">or Sunlar or Bisc</span> <span class="cue" id="t-3589" data-t="3589">or Robosats</span> <span class="cue" id="t-3590" data-t="3590">or wherever,</span> <span class="cue" id="t-3592" data-t="3592">and then we go to the new network</span> <span class="cue" id="t-3594" data-t="3594">and we buy the real Bitcoin with it and we pump the price and everybody who's stuck in an ETF or just stopping, you know,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3602">1:00:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3602" data-t="3602">one of these compliant, custodial things that doesn't trade on the weekend.</span> <span class="cue" id="t-3606" data-t="3606">Well, they're just sitting there crying, having fun, staying poor, watching their net worth, watching black rock's net worth watching,</span> <span class="cue" id="t-3613" data-t="3613">Fidelity's net worth watching all these net Goldman Sachs net worth plummet to zero and there's nothing they could do about it until Monday morning, but then it's too late. The real Bitcoin has already won. It's it's like</span> <span class="cue" id="t-3625" data-t="3625">the,</span> <span class="cue" id="t-3627" data-t="3627">I, I realized that that</span> <span class="cue" id="t-3630" data-t="3630">takes a very long, takes a lot of Bitcoin podcasts to get to the point where you not understand this stuff like we do,</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">Rod Palmer</b> <span class="cue" id="t-3637" data-t="3637">but that's why I think, I think why my people are just, they say, understand, let's study data. I study the protocol a little bit longer</span> <span class="cue" id="t-3645" data-t="3645">before you just</span> <span class="cue" id="t-3647" data-t="3647">act so hysterically</span> <span class="cue" id="t-3648" data-t="3648">and kind of maybe potentially ruin this bull market for us.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3652">1:00:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3652" data-t="3652">Well, I think Whitney's problem is, you know, instead of listening to forty hours</span> <span class="cue" id="t-3657" data-t="3657">of Bitcoin podcasts a week, she's speaking,</span> <span class="cue" id="t-3661" data-t="3661">doing at least forty hours of Bitcoin podcasts a week.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3665">1:01:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3665" data-t="3665">Yeah, right. Yeah, right. Right. Right. Yeah,</span> <span class="cue" id="t-3668" data-t="3668">exactly. It's like,</span> <span class="cue" id="t-3669" data-t="3669">if you want to do</span> <span class="cue" id="t-3671" data-t="3671">engineering or you want to do journalism or you want to do science,</span> <span class="cue" id="t-3676" data-t="3676">you gotta</span> <span class="cue" id="t-3677" data-t="3677">study it, not do it</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3679">1:01:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3679" data-t="3679">first.</span> <span class="cue" id="t-3680" data-t="3680">Study it first,</span> <span class="cue" id="t-3682" data-t="3682">then do it. See,</span> <span class="cue" id="t-3683" data-t="3683">going on Bitcoin podcasts without listening to enough Bitcoin podcasts, you're just not gonna understand</span> <span class="cue" id="t-3689" data-t="3689">how</span> <span class="cue" id="t-3690" data-t="3690">Bitcoin podcast listeners,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3692">1:01:32</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3692" data-t="3692">how smart they are and how hard it is to impress them. I mean,</span> <span class="cue" id="t-3696" data-t="3696">there is</span> <span class="cue" id="t-3698" data-t="3698">you have to go to black markets in weird parts of the global South to be able to find fun</span> <span class="cue" id="t-3705" data-t="3705">that is going to scare a Bitcoin podcast listener because we've heard it all and there's very little fun that's really going to make us nervous.</span> <span class="cue" id="t-3714" data-t="3714">So, and if you just, if you haven't listened to enough podcasts, you do, it's hard for you to know that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3720">1:01:60</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3720" data-t="3720">Well, I kind of have to cut it short. Let's, let's go through the fountain booths real quick. Absolutely.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3727">1:02:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3727" data-t="3727">I'll start off here.</span> <span class="cue" id="t-3730" data-t="3730">My new favorite</span> <span class="cue" id="t-3733" data-t="3733">is the one of you will fan</span> <span class="cue" id="t-3735" data-t="3735">is now, Statutoshi.</span> <span class="cue" id="t-3737" data-t="3737">So Statutoshi,</span> <span class="cue" id="t-3739" data-t="3739">I think prior to this episode, gave us the biggest base,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3744">1:02:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3744" data-t="3744">worth the most amount of cigarettes we've ever received until</span> <span class="cue" id="t-3748" data-t="3748">this week's this last week's episode.</span> <span class="cue" id="t-3750" data-t="3750">So so Staketoshi,</span> <span class="cue" id="t-3752" data-t="3752">boosted us a 150,000</span> <span class="cue" id="t-3754" data-t="3754">sats,</span> <span class="cue" id="t-3755" data-t="3755">and he says,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3756">1:02:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3756" data-t="3756">if Nash Flade</span> <span class="cue" id="t-3758" data-t="3758">thinks that she could dethrone me as the people's biggest baster, she is dead fucking raw.</span> <span class="cue" id="t-3764" data-t="3764">Not even her stinky ass has enough clients to compete in a boosting war. Heed this warning,</span> <span class="cue" id="t-3771" data-t="3771">If you ever try to outboost me, you will end up impoverished,</span> <span class="cue" id="t-3774" data-t="3774">unable to pay your taxes,</span> <span class="cue" id="t-3776" data-t="3776">and ultimately locked up in a federal prison.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3780">1:02:60</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3780" data-t="3780">Wow. That</span> <span class="cue" id="t-3781" data-t="3781">is the definition of putting your money where your mouth is.</span> <span class="cue" id="t-3786" data-t="3786">Ashlinda</span> <span class="cue" id="t-3787" data-t="3787">puts her money where the mouth where puts her mouth where the money comes from.</span> <span class="cue" id="t-3792" data-t="3792">Like, she doesn't necessarily put her</span> <span class="cue" id="t-3795" data-t="3795">her money where her mouth</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">Rod Palmer</b> <span class="cue" id="t-3796" data-t="3796">is. Stakatoshi</span> <span class="cue" id="t-3797" data-t="3797">laying down the gauntlet,</span> <span class="cue" id="t-3800" data-t="3800">that was among the most base based I think I've ever received or I've ever even seen, much less received.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3806">1:03:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3806" data-t="3806">I agree. It was very based</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3809">1:03:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3809" data-t="3809">then. Yeah. And some of those,</span> <span class="cue" id="t-3811" data-t="3811">some of those SaaS are going to go directly to</span> <span class="cue" id="t-3814" data-t="3814">the,</span> <span class="cue" id="t-3815" data-t="3815">the samurai defense fund.</span> <span class="cue" id="t-3817" data-t="3817">So,</span> <span class="cue" id="t-3818" data-t="3818">Sakatoshi,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3819">1:03:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3819" data-t="3819">you the man.</span> <span class="cue" id="t-3821" data-t="3821">Next time</span> <span class="cue" id="t-3822" data-t="3822">we are in the same geographic</span> <span class="cue" id="t-3824" data-t="3824">location,</span> <span class="cue" id="t-3825" data-t="3825">what's smoking on KYC Sierra? It's,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3828">1:03:48</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3828" data-t="3828">I I like this idea of having a competition of who could be the biggest booster. So I think Sakatoshi</span> <span class="cue" id="t-3833" data-t="3833">is still in first place. So, like, what happened was,</span> <span class="cue" id="t-3838" data-t="3838">I made a comment in one of the previous shows, I think the last one, about</span> <span class="cue" id="t-3843" data-t="3843">how Sakatoshi was number one,</span> <span class="cue" id="t-3846" data-t="3846">which, you know, spurred John.</span> <span class="cue" id="t-3849" data-t="3849">And and to be fair, John, I think, is the biggest supporter financially</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3853">1:04:13</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3853" data-t="3853">across all the different shows.</span> <span class="cue" id="t-3856" data-t="3856">But I was talking about</span> <span class="cue" id="t-3857" data-t="3857">Single Boost.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3859">1:04:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3859" data-t="3859">But, yeah, Snack Nakatoshi came in and When I saw this, we he he visited us during the live,</span> <span class="cue" id="t-3868" data-t="3868">the debate livestream.</span> <span class="cue" id="t-3869" data-t="3869">So if you didn't check that out, I don't know if the recording is available. It's mostly just</span> <span class="cue" id="t-3874" data-t="3874">us kind of talking over the debate, but when I saw it, I'm like, I'm like, I'm like, what kind of scared to be? And</span> <span class="cue" id="t-3881" data-t="3881">it made me wonder if like, that's the kind of heart stopping boosters</span> <span class="cue" id="t-3885" data-t="3885">that, people who get the vaccine got, but,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3888">1:04:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3888" data-t="3888">luckily I, you know,</span> <span class="cue" id="t-3890" data-t="3890">yeah. Great. Great stuff. Thank you so much, Takatoshi. Next boost is,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3895">1:04:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3895" data-t="3895">from John.</span> <span class="cue" id="t-3897" data-t="3897">100,000</span> <span class="cue" id="t-3899" data-t="3899">and says</span> <span class="cue" id="t-3901" data-t="3901">John or John says, 100,000</span> <span class="cue" id="t-3903" data-t="3903">to the Beagle's Legal Defense Fund.</span> <span class="cue" id="t-3906" data-t="3906">Podkoff and the DOJ are working together to suppress opposition, stifle free speech, and maintain control of the Bitcoin space.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3913">1:05:13</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3913" data-t="3913">Their actions attempt to curb the Beagle's fundamental</span> <span class="cue" id="t-3916" data-t="3916">right to call</span> <span class="cue" id="t-3918" data-t="3918">truth to power is an attack on all plebs.</span> <span class="cue" id="t-3921" data-t="3921">By the way, is this donation tax deductible?</span> <span class="cue" id="t-3928" data-t="3928">I don't know. I'm not I'm not a tax professional, but, you know, we are a noncompliant</span> <span class="cue" id="t-3933" data-t="3933">organization here at the Bugle. It's the only way to do journalism correctly, in my opinion.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3939">1:05:39</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3939" data-t="3939">So therefore, we don't have any sort</span> <span class="cue" id="t-3942" data-t="3942">of nonprofit status or any compliance status,</span> <span class="cue" id="t-3946" data-t="3946">in which</span> <span class="cue" id="t-3948" data-t="3948">can</span> <span class="cue" id="t-3949" data-t="3949">individuals can claim this</span> <span class="cue" id="t-3951" data-t="3951">as a tax deductible donation.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3954">1:05:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3954" data-t="3954">But at the same time,</span> <span class="cue" id="t-3956" data-t="3956">we will also not</span> <span class="cue" id="t-3958" data-t="3958">let the IRS know that you paid us this amount of money. So if you</span> <span class="cue" id="t-3962" data-t="3962">decide</span> <span class="cue" id="t-3963" data-t="3963">to,</span> <span class="cue" id="t-3965" data-t="3965">to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3966">1:06:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3966" data-t="3966">not pay $100,000</span> <span class="cue" id="t-3967" data-t="3967">sass on your taxes, we're not going to tell on you.</span></span></p> +