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Transcript: Spamming Vegas Livestream with Fundamentals and Erin Redwing
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diff --git a/wiki/transcripts/spamming-vegas-livestream-with-fundamentals-and-erin-redwing.md b/wiki/transcripts/spamming-vegas-livestream-with-fundamentals-and-erin-redwing.md new file mode 100644 index 00000000..9bf6b87c @@ -0,0 +1,937 @@ +--- +title: "Transcript: Spamming Vegas Livestream with Fundamentals and Erin Redwing" +type: transcript +episode: spamming-vegas-livestream-with-fundamentals-and-erin-redwing +generated: true +date: 2025-05-28 +audio: "https://feeds.fountain.fm/R8scBF2Wiykm0YVldsHQ/items/0ul5lM74wuREf8YcO0bh/files/AUDIO---DEFAULT---85ff73b0-d7fa-4120-aa68-3c80294605ce.mp3" +duration: "1:58:43" +sources: + - raw/episodes/spamming-vegas-livestream-with-fundamentals-and-erin-redwing/bundle.json +--- + +<p class="cue-p"><a class="cue-t" href="#t-2">0:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2" data-t="2">Bugle News is live. They appear to be live.</span> <span class="cue" id="t-6" data-t="6">Let me just text and</span> <span class="cue" id="t-9" data-t="9">see</span> <span class="cue" id="t-13" data-t="13">fucking a zap dot stream.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-15">0:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-15" data-t="15">I swear to god That's why nobody fucking uses them. It's not dependable.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-22">0:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-22" data-t="22">Here. I think I gotta top up my account. Let let me try that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-26">0:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-26" data-t="26">Gotta top up your account. What? You gotta pay to stream now?</span> <span class="cue" id="t-30" data-t="30">Yeah. I mean, it makes sense to pay to stream. Okay. That's just the reason. I've never been in charge of the streaming. I didn't know there was a set,</span> <span class="cue" id="t-38" data-t="38">you know, requirement.</span> <span class="cue" id="t-41" data-t="41">This is Rod Palmer, by the way. Dude. A little bit of inconsistency</span> <span class="cue" id="t-45" data-t="45">with my voice</span> <span class="cue" id="t-46" data-t="46">from the latest episode of the podcast and then previous episodes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-50">0:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-50" data-t="50">If you listen to this week's, you'd know I'm going through, training,</span> <span class="cue" id="t-55" data-t="55">Professional podcast voice training to get rid of my smoker's rasp, and it's,</span> <span class="cue" id="t-61" data-t="61">inconsistency</span> <span class="cue" id="t-62" data-t="62">is gonna be key or it's gonna be tough, but we'll get it.</span> <span class="cue" id="t-66" data-t="66">Are you doing forty hours of voice training?</span> <span class="cue" id="t-69" data-t="69">Forty hours of voice training. Until you're doing it. Right? Yeah. Yep. Yeah. And I've I've been podcasting in the shower,</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">Rod Palmer</b> <span class="cue" id="t-75" data-t="75">podcasting in the car with no microphones, no audio.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-79">1:19</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-79" data-t="79">But we'll get there. I heard that you were podcasting whenever Steven Luca walks.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-84">1:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-84" data-t="84">Yeah.</span> <span class="cue" id="t-85" data-t="85">Yeah. Yeah. I've I've been trying. It's not that easy.</span> <span class="cue" id="t-89" data-t="89">I also</span> <span class="cue" id="t-90" data-t="90">made a mistake,</span> <span class="cue" id="t-91" data-t="91">been in Vegas for a few days now,</span> <span class="cue" id="t-94" data-t="94">smoked an, a menthol cigarette, which has affected my voice, but, yeah, a lot of people smoke menthols on Fremont Street. Dude, fucking a menthol cigarettes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-106">1:46</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-106" data-t="106">It's a it's a mistake. Why did you do that to yourself?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-109">1:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-109" data-t="109">It was I needed tobacco. I needed nicotine. Okay. I brought a fucking carton. I wasn't with you. I didn't know where you were. I like the ordinals early ordinals of cigarettes.</span> <span class="cue" id="t-119" data-t="119">It was</span> <span class="cue" id="t-120" data-t="120">I was disconnected</span> <span class="cue" id="t-122" data-t="122">from the other podcasters. I didn't have access to cigarettes. But we are live,</span> <span class="cue" id="t-127" data-t="127">and right now, we are behind enemy lines. We are podcasting</span> <span class="cue" id="t-132" data-t="132">adversarially</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-132">2:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" data-t="132">at spamming Vegas.</span> <span class="cue" id="t-135" data-t="135">It is</span> <span class="cue" id="t-136" data-t="136">essentially the,</span> <span class="cue" id="t-138" data-t="138">the ordinals, the inscriptions conference,</span> <span class="cue" id="t-141" data-t="141">and they're talking about soft forks,</span> <span class="cue" id="t-144" data-t="144">spamming Bitcoin,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-146">2:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-146" data-t="146">teasing predator,</span> <span class="cue" id="t-147" data-t="147">teasing</span> <span class="cue" id="t-148" data-t="148">grass fed,</span> <span class="cue" id="t-150" data-t="150">mechanic,</span> <span class="cue" id="t-151" data-t="151">teasing Luke Junior.</span> <span class="cue" id="t-153" data-t="153">It's it's a very</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-154">2:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-154" data-t="154">disrespectful,</span> <span class="cue" id="t-155" data-t="155">irreverent environment,</span> <span class="cue" id="t-157" data-t="157">and nobody seems to,</span> <span class="cue" id="t-160" data-t="160">care that we're here, though. So They're taking pictures of us and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-164">2:44</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-164" data-t="164">smiling at us. They're exactly. And,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-167">2:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-167" data-t="167">we're here with fundamentals from the rock paper Bitcoin podcast. This is his first,</span> <span class="cue" id="t-173" data-t="173">spamming Bitcoin. It's all of our first spamming Bitcoin,</span> <span class="cue" id="t-176" data-t="176">but it's his first, you know, time</span> <span class="cue" id="t-179" data-t="179">around the, the spammers. What is what what is this like for you? Is this a psychedelic experience?</span> <span class="cue" id="t-185" data-t="185">Is it upset you? Or how how are you taking this all in? I think it's kinda cool. It's like,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-192">3:12</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-192" data-t="192">you know,</span> <span class="cue" id="t-193" data-t="193">we're we don't see these kinds of people typically</span> <span class="cue" id="t-197" data-t="197">in our little echo chamber. And I try not to live in an echo chamber, but it's hard to ignore. It's hard it's hard to prevent.</span> <span class="cue" id="t-205" data-t="205">And you realize it when you come to an event like this that,</span> <span class="cue" id="t-209" data-t="209">like, dude, I've</span> <span class="cue" id="t-210" data-t="210">these people are totally outside my world. So it's it's actually kinda cool, but it's like watching National Geographic. You know?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-217">3:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-217" data-t="217">Do you think that</span> <span class="cue" id="t-219" data-t="219">this these people should be listening to 40? I mean, everybody should. But what would your pitch be, your elevator pitch be to have these people listen to forty hours per week</span> <span class="cue" id="t-230" data-t="230">and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-231">3:51</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-231" data-t="231">just do that do more listening, do less spamming. How would you consume that? They listen to forty hours, but it's all the same podcast. They listen to forty hours of ordinals</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-239">3:59</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-239" data-t="239">validation. No entropy.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-241">4:01</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-241" data-t="241">You know? Not enough entropy. And, if it's pretty clear, like, these guys are working their ass off building ways to split sats and things like that, it's wild.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-250">4:10</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-250" data-t="250">Right. These guys these guys are building on Bitcoin. They're not</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-254">4:14</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-254" data-t="254">listening forty hours per week, and that's maybe the problem. You know, to their credit though, it's weird. Like, we have these things in our world, like, decentralizing</span> <span class="cue" id="t-263" data-t="263">the network, and,</span> <span class="cue" id="t-265" data-t="265">you know, none of that ever gets done, but people talk about it all the time.</span> <span class="cue" id="t-269" data-t="269">These guys are do their virtue signals are actually doing shit.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-274">4:34</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-274" data-t="274">Yeah. I find it really strange to be surrounded by people that are actually using Bitcoin. That's,</span> <span class="cue" id="t-279" data-t="279">that's kind of an unusual thing at a Bitcoin conference. You know what I mean? We're we're, I was at the the actual Bitcoin conference today.</span> <span class="cue" id="t-287" data-t="287">I saw all these people walking around with their micro strategy shirts.</span> <span class="cue" id="t-292" data-t="292">You know, there was, like, one guy that asked me. He shows up of of course, the guy wearing bull Bitcoin wants to use Bitcoin. He's all excited. He's like, where where can I buy</span> <span class="cue" id="t-301" data-t="301">food in Bitcoin?</span> <span class="cue" id="t-302" data-t="302">And, we're like, we don't know. You know? Because nobody here uses Bitcoin. Like, maybe if you go in the food court back there, like, you know, sailors out there, he's tweeting about buying his pizza with</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-313">5:13</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-313" data-t="313">dollars.</span> <span class="cue" id="t-315" data-t="315">So this is unusual,</span> <span class="cue" id="t-317" data-t="317">unprecedented</span> <span class="cue" id="t-318" data-t="318">that we're at a Bitcoin conference here at spamming Vegas</span> <span class="cue" id="t-322" data-t="322">in Las Vegas.</span> <span class="cue" id="t-324" data-t="324">And people are discussing using Bitcoin. Now it might not be in ways that,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-330">5:30</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-330" data-t="330">some people</span> <span class="cue" id="t-331" data-t="331">prefer, but,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-333">5:33</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-333" data-t="333">they're using it. It's strange. I've learned more about Bitcoin from being here for an hour than I did at than I did at the Venetian. Yeah. Yeah. We we've been on location</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-344">5:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-344" data-t="344">for well, I've been here a little over an hour so far, and</span> <span class="cue" id="t-348" data-t="348">I haven't heard a single discussion</span> <span class="cue" id="t-351" data-t="351">about paper Bitcoin.</span> <span class="cue" id="t-352" data-t="352">It's only been protocol,</span> <span class="cue" id="t-355" data-t="355">you know, people actually broadcasting</span> <span class="cue" id="t-357" data-t="357">transactions from their own nodes, and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-360">6:00</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-360" data-t="360">it's different. It's hard to get used to, but,</span> <span class="cue" id="t-365" data-t="365">unfortunately, they're using it all for spam. It's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-368">6:08</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-368" data-t="368">it's it's it is unfortunate that that's what they're actually using it for.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-374">6:14</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-374" data-t="374">It's refreshing. It's refreshing not to have to listen to conversations. Like, I know a lot of people out there think that paper Bitcoin is viable scaling solution, but these guys are talking about,</span> <span class="cue" id="t-385" data-t="385">I walked on in, the end of a panel,</span> <span class="cue" id="t-388" data-t="388">that you're telling me a little bit about Ross. So you got Jeremy Rubin.</span> <span class="cue" id="t-393" data-t="393">Dan Held. They're they're they said ordinals.</span> <span class="cue" id="t-396" data-t="396">It was the it was the typical conversation where nobody can define where the soft fork is. It's very confusing topic. But</span> <span class="cue" id="t-402" data-t="402">once again, they were talking about scaling Bitcoin using things like CTV and, you know, other things.</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">Rod Palmer</b> <span class="cue" id="t-409" data-t="409">It didn't involve discussing the paper Bitcoin solution. No. No. They didn't come up at all. They were talking about</span> <span class="cue" id="t-417" data-t="417">the</span> <span class="cue" id="t-419" data-t="419">somebody mentioned</span> <span class="cue" id="t-420" data-t="420">the only way to kinda drive out the spam is to increase</span> <span class="cue" id="t-424" data-t="424">demand for block space,</span> <span class="cue" id="t-426" data-t="426">for monetary use cases. And that was kind of a focus of the CTV, the covenant guys.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-432">7:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-432" data-t="432">Shinobi calls everybody retarded who doesn't get this, you know,</span> <span class="cue" id="t-436" data-t="436">new paradigm, but</span> <span class="cue" id="t-438" data-t="438">the problem is the sell.</span> <span class="cue" id="t-441" data-t="441">They were they were talking about the soft fork. They were talking about</span> <span class="cue" id="t-445" data-t="445">how to increase this demand for block space and to scale it to more users to kinda increase</span> <span class="cue" id="t-451" data-t="451">the access of sovereignty,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-453">7:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-453" data-t="453">of layer one. But</span> <span class="cue" id="t-456" data-t="456">it</span> <span class="cue" id="t-457" data-t="457">everybody gets, you know, dot dot</span> <span class="cue" id="t-460" data-t="460">it gets bogged down on who's gonna activate the soft fork, and they couldn't they couldn't make that pitch. It wasn't it just wasn't coherent. It wasn't didn't get people excited.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-470">7:50</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-470" data-t="470">It's see it's like a little hostile.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-472">7:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-472" data-t="472">Paper Bitcoin gets people excited. You tell me. People love Bitcoin treasury companies. They love buying full stock. They love,</span> <span class="cue" id="t-481" data-t="481">Jack Mallers' new thing.</span> <span class="cue" id="t-483" data-t="483">You know, Bailey's gonna be arbitraging</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-486">8:06</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-486" data-t="486">with paper Bitcoin. That's exciting. Because they're leaving the chain alone. So they're not you know what I mean? They're leaving the chain alone,</span> <span class="cue" id="t-492" data-t="492">but they're gonna leave it so alone that no one's gonna know what it looks like.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-497">8:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-497" data-t="497">Yeah. Yeah. You lose the familiarity.</span> <span class="cue" id="t-500" data-t="500">And here's the other thing is</span> <span class="cue" id="t-503" data-t="503">if we do do covenants,</span> <span class="cue" id="t-505" data-t="505">are you going to let your wife share a UTXO with another man? What if your wife says, I need access to cheaper layer one.</span> <span class="cue" id="t-514" data-t="514">The only way I can do this is to share UTXOs. I'm sharing UTXOs with, you know, Robert Breedlove</span> <span class="cue" id="t-520" data-t="520">or</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-521">8:41</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-521" data-t="521">Tomer. Somebody like that. Some people will be fine with it. Would you?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-526">8:46</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-526" data-t="526">I mean, I would not be good with my wife sharing a UTXO with either of those guys.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-531">8:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-531" data-t="531">Is there are there any Bitcoiners who you would be comfortable with your wife sharing a UTXO with?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-538">8:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-538" data-t="538">I would say John from ungovernable miss. I I would let my wife he's he's an honorable guy, but he's one of the few. Yes.</span> <span class="cue" id="t-548" data-t="548">John, maybe Max.</span> <span class="cue" id="t-549" data-t="549">I I kinda like Max.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-552">9:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-552" data-t="552">You would let your wife share UTXO with privacy podcasters.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-556">9:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-556" data-t="556">Oh. You know, Monero users. Would you let your wife yeah. Well, it's it's kinda like, you know, like, if I was out of town and my wife is bored, it's like,</span> <span class="cue" id="t-564" data-t="564">you know, which of my friends would I</span> <span class="cue" id="t-567" data-t="567">like, take her out to a movie and not have to worry about? You know what I mean? Because, like, there there's some people that are scumbags and and there's some people that are not, but there's a that type of cross that you gotta build, like,</span> <span class="cue" id="t-578" data-t="578">I I I think, like, you know, I'm secure in my relationship with my wife.</span> <span class="cue" id="t-583" data-t="583">I wouldn't be worried about her</span> <span class="cue" id="t-585" data-t="585">going after one of these guys.</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">Richard Greaser</b> <span class="cue" id="t-587" data-t="587">I'd be more worried about, you know, potentially a guy like,</span> <span class="cue" id="t-591" data-t="591">you know, you say, like, Alex Fetsky.</span> <span class="cue" id="t-594" data-t="594">You know?</span> <span class="cue" id="t-595" data-t="595">She he's gonna bother my wife. You know what I mean? He's gonna think she's hot. Don't leave your don't leave your wife snowed alone with Fetzky. Yeah. Yeah.</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">Rod Palmer</b> <span class="cue" id="t-605" data-t="605">I think do you think it's worth husbands and wives having a conversation</span> <span class="cue" id="t-610" data-t="610">about</span> <span class="cue" id="t-611" data-t="611">if it comes to it and they have a chance to share UTXO with another male Bitcoin podcaster?</span> <span class="cue" id="t-617" data-t="617">You know, having that one where it's like, hey. If I'm ever in this situation, I could share UTXO with, Shinobi. Alright? Could share UTXO with name your, you know, Bitcoin podcast or that you think is hot. That you just you don't have to get preapproval. It's you get that opportunity.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-635">10:35</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-635" data-t="635">She's she's gonna share the UTXO with her. Are you when you share a UTXO with somebody,</span> <span class="cue" id="t-640" data-t="640">do you have to have anything to do with them?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-645">10:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-645" data-t="645">It's unclear. They didn't do a very good job of talking about the technical aspects</span> <span class="cue" id="t-650" data-t="650">of CTV. It was more of an high level conversation about what is you know,</span> <span class="cue" id="t-655" data-t="655">are we even ready to talk about softwares right now?</span> <span class="cue" id="t-659" data-t="659">We're not ready.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-661">11:01</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-661" data-t="661">Who's we? I say the I call who I call the general population. Even, like, the people that are looked at as the adults in the room are clearly not ready.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-671">11:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-671" data-t="671">Not ready for the prime time. I I think this is, like, one of the fundamental questions that's been being discussed right now.</span> <span class="cue" id="t-679" data-t="679">Is who has</span> <span class="cue" id="t-680" data-t="680">like, should we allow non credentialed people to have a voice</span> <span class="cue" id="t-684" data-t="684">in all of this? And how do you determine who's credentialed or not? Got Shadrach,</span> <span class="cue" id="t-689" data-t="689">Shadrach in the house. I don't know why he's not single.</span> <span class="cue" id="t-695" data-t="695">But,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-696">11:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-696" data-t="696">you know, there's a lot of people out there. You know? You know I'm a credential journalist now? Why is that? Oh, because you got your press pass. That's right. Congratulations.</span> <span class="cue" id="t-705" data-t="705">Yeah. Fundamental's got a press pass to,</span> <span class="cue" id="t-708" data-t="708">the conference</span> <span class="cue" id="t-710" data-t="710">the Bitcoin conference.</span> <span class="cue" id="t-711" data-t="711">But,</span> <span class="cue" id="t-713" data-t="713">yeah. So there's this fundamental debate of of whom gets a voice on Bitcoin discussion.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-718">11:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-718" data-t="718">Who is actually,</span> <span class="cue" id="t-721" data-t="721">allowed to participate in a conversation? So there's a lot of people that think that Bitcoin is some sort of, like,</span> <span class="cue" id="t-728" data-t="728">technocracy. So you got the people, like, heavily armed clown. You've got JW mother man. You've got,</span> <span class="cue" id="t-734" data-t="734">Shinobi. Shinobi doesn't think retarded people should have an opinion,</span> <span class="cue" id="t-738" data-t="738">in any of this, and and and a lot of lot of people find that controversial. It's because he has no sense of humor.</span> <span class="cue" id="t-744" data-t="744">You think so?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-747">12:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-747" data-t="747">Well Well, I don't think having a sense of humor has anything to do with discussion on whether you let retarded people have a Yes. Opinion on their goals. What Everything to do with that. So if you have a sense of humor, you you You want retarded people to have an opinion.</span> <span class="cue" id="t-761" data-t="761">Well, it is there's a difference between having opinion and having,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-765">12:45</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-765" data-t="765">an impact. He doesn't want them to have a voice</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-768">12:48</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-768" data-t="768">that acts like a seat at the table. Yeah. Like, retards like Matthew Crowder. No. Those kinds. I thought alright. Got it. Are we gonna, like, retards like Matthew Crowder have any,</span> <span class="cue" id="t-780" data-t="780">impact on on Bitcoin development in general?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-783">13:03</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-783" data-t="783">He has no impact on anything.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-786">13:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-786" data-t="786">Well, he's got he's got impact on some people's wallets that pay $709.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-790">13:10</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-790" data-t="790">Is the most boring.</span> <span class="cue" id="t-792" data-t="792">Like, he's literally, like, the definition</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-795">13:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-795" data-t="795">of a milk toast. Yeah. But but, you know, if he calls Peter Thiel, Thiel will probably pick up the phone. I guess that's gonna impact. Is that true?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-802">13:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-802" data-t="802">I think so. He take a while back. He claims he used to work for peer two. Yeah. I haven't seen his LinkedIn for confirmation, but it's on, like, Bitcoin universe. Or, no, it's in,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-813">13:33</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-813" data-t="813">the biography of, like, one of his books that's for sale. Really know him. I just he looks like the guy who's hang who's, like, gonna he's gonna work until he the day he turns 65 so he can collect his social security. Yeah. It looks like that dude. Like, are we gonna allow Preston Pish to have an opinion on the topic? Oh, would you let your wife share the UTXO with Preston Pish?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-834">13:54</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-834" data-t="834">I would. No. No. Absolutely not. Why not? I think I I think I think he's kinda dumb, but, like, I I don't think his money.</span> <span class="cue" id="t-842" data-t="842">I I would let my wife. Why why wouldn't he let Preston,</span> <span class="cue" id="t-845" data-t="845">share you too with her?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-848">14:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-848" data-t="848">His his military background</span> <span class="cue" id="t-851" data-t="851">I I just know too many people who</span> <span class="cue" id="t-854" data-t="854">they deployed. They went to fight Iraq, Afghanistan,</span> <span class="cue" id="t-857" data-t="857">and somebody in the army, somebody one of their, you know, people from their own barracks, they</span> <span class="cue" id="t-863" data-t="863">they didn't</span> <span class="cue" id="t-864" data-t="864">treat the responsibility</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-866">14:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-866" data-t="866">of sharing,</span> <span class="cue" id="t-867" data-t="867">or, you know, when you go in these circumstances,</span> <span class="cue" id="t-870" data-t="870">you expect your, your the guys fighting along next to you to watch over your wife.</span> <span class="cue" id="t-876" data-t="876">It's similar to, like,</span> <span class="cue" id="t-879" data-t="879">you're gonna be the husk co husband of her UTXO.</span> <span class="cue" id="t-883" data-t="883">You you talked about this. You need a a certain level of trust and respect. And, Preston,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-890">14:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-890" data-t="890">he</span> <span class="cue" id="t-891" data-t="891">he runs knots on ordinals or, CB, Umbrel,</span> <span class="cue" id="t-895" data-t="895">and he broadcast</span> <span class="cue" id="t-896" data-t="896">publicly the version that he ran, which is a known,</span> <span class="cue" id="t-901" data-t="901">it's an older version, and it's known to have vulnerabilities. It can freeze up your node. It can it can there's a lot of security risks involved if somebody was deciding to target him and target his node.</span> <span class="cue" id="t-912" data-t="912">I don't want my wife's UTXOs</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-915">15:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-915" data-t="915">to be compromised</span> <span class="cue" id="t-917" data-t="917">because she's sharing them with Preston. Makes sense. I think that's it. So this kinda brings up an interesting</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-923">15:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-923" data-t="923">discussion on, so one of the controversial,</span> <span class="cue" id="t-926" data-t="926">features that some people have been pointing to at knots. And I and I just wanna</span> <span class="cue" id="t-931" data-t="931">I wanna caveat here and and just say, I have not actually verified if there's a feature. I'm just kinda repeating what people say on Twitter, and I think that's important to to say. But, you know, the the people I'm repeating are people like JW Weatherman and and heavily armed clowns. So that's who I'm citing in this. Citing my sources as a credential journalist. But,</span> <span class="cue" id="t-949" data-t="949">they said a feature built in the notes that Luke made</span> <span class="cue" id="t-954" data-t="954">was</span> <span class="cue" id="t-955" data-t="955">your node shuts off if you don't update</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-958">15:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-958" data-t="958">in two years.</span> <span class="cue" id="t-959" data-t="959">And</span> <span class="cue" id="t-960" data-t="960">I wonder if this is a good safety feature because Luke Luke knew</span> <span class="cue" id="t-964" data-t="964">that people like Preston,</span> <span class="cue" id="t-966" data-t="966">who don't understand anything about this, were gonna be running these nodes. Yeah. Is he just protecting Preston in this scenario for potential vulnerabilities</span> <span class="cue" id="t-976" data-t="976">like that that that he's not smart enough to to patch himself?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-980">16:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-980" data-t="980">Well, unfortunately, Luke has a credibility problem when it comes to security because he lost over 200 Bitcoin,</span> <span class="cue" id="t-987" data-t="987">by keeping it on a, you know, a lit like, it's like a go to where it gets to Linux hot hot wallet.</span> <span class="cue" id="t-994" data-t="994">And then he blamed it on the core devs and, you know, that's why he went according to Eric Wall, that's why he went and started Ocean because he needed a new job because he lost, you know, generational wealth.</span> <span class="cue" id="t-1004" data-t="1004">And he called the MPI and he doxed the entire core, and everybody who was at this developer conference it it was a messy thing. So he has a credibility. So maybe he says that's what</span> <span class="cue" id="t-1015" data-t="1015">it should do to protect people like Preston who might have be more exposed to these vulnerabilities because they just don't have the technical chops. They're macro he's a macro podcaster. He's not a technical. He's he doesn't get enough entropy.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1028">17:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1028" data-t="1028">So</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1029">17:09</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1029" data-t="1029">it's hard to say. It just it's too early to decide that the Nazis are right. That's all I'm saying. You know, I think there's certain kinds of, like, scumbags out there who when they share a UTXO with your wife,</span> <span class="cue" id="t-1043" data-t="1043">it can, like, backdoor into Target gift cards.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1047">17:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1047" data-t="1047">That's the word. Yeah. That's the worry.</span> <span class="cue" id="t-1050" data-t="1050">You don't want your wife spending all of her UTXOs,</span> <span class="cue" id="t-1053" data-t="1053">whether they're, you know, the virtual UTXOs</span> <span class="cue" id="t-1055" data-t="1055">or, you know, the old school ones. You don't want her to spend it all at Target. That's all.</span> <span class="cue" id="t-1060" data-t="1060">But</span> <span class="cue" id="t-1061" data-t="1061">my opinion</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1063">17:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1063" data-t="1063">about this whole software debate</span> <span class="cue" id="t-1065" data-t="1065">is</span> <span class="cue" id="t-1066" data-t="1066">what really matters is that</span> <span class="cue" id="t-1069" data-t="1069">what I've learned since being in Vegas for a few days is that boomers</span> <span class="cue" id="t-1074" data-t="1074">are gamblers.</span> <span class="cue" id="t-1075" data-t="1075">These people,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1076">17:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1076" data-t="1076">there were people are talking about cutting Social Security, and instead of saving it and buying Bitcoin with it, they're buying, you know, maybe a little bit of paper Bitcoin, but they're mostly gambling it at the casinos.</span> <span class="cue" id="t-1088" data-t="1088">And</span> <span class="cue" id="t-1089" data-t="1089">there's a lot of boomers coming into Bitcoin right now.</span> <span class="cue" id="t-1092" data-t="1092">And if we're gonna be talking about activating soft forks,</span> <span class="cue" id="t-1095" data-t="1095">I don't know if we want to do it</span> <span class="cue" id="t-1099" data-t="1099">with so many boomers have so much influence, and they're so willing to gamble on the future.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1105">18:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1105" data-t="1105">That's a problem. I don't wanna gamble on on Bitcoin. Counterpoint, though.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1109">18:29</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1109" data-t="1109">Maybe it's the</span> <span class="cue" id="t-1111" data-t="1111">so starting these soft forks</span> <span class="cue" id="t-1113" data-t="1113">is feeding the gambling itch for these boomers.</span> <span class="cue" id="t-1117" data-t="1117">Like, Bitcoin,</span> <span class="cue" id="t-1118" data-t="1118">it's not that risky</span> <span class="cue" id="t-1120" data-t="1120">until you get these until you get these people together trying to do the software.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1125">18:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1125" data-t="1125">Now it's getting now now it's getting very risky like like the stocks that the boomers love. The boomers don't listen to enough hours of Bitcoin pot. They're not listening forty hours a week, most of them. Most of them are not on</span> <span class="cue" id="t-1137" data-t="1137">social media enough to see Dennis Porter and Dennis Porter's tweets and and his announcements.</span> <span class="cue" id="t-1143" data-t="1143">And they're they just have a inherent,</span> <span class="cue" id="t-1146" data-t="1146">you know, I think they're they're gonna identify</span> <span class="cue" id="t-1149" data-t="1149">with the concept of a soft fork. If you're a boomer and you don't listen to Dennis Porter, your fork is gonna be soft a lot. You're gonna be a soft fork BitCorner.</span> <span class="cue" id="t-1158" data-t="1158">And that they might just do it because, you know, what's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1162">19:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1162" data-t="1162">it's</span> <span class="cue" id="t-1163" data-t="1163">nominal determinism or something like that where if you're if you had a name like, Band name alert, by the way. Yeah. If your name if your name is, you know, blacksmith or something or something. I don't know. Whatever. But just the they're gonna identify it, and they're gonna choose it. They're gonna activate it.</span> <span class="cue" id="t-1179" data-t="1179">It. They wanna activate a soft fork. That's all boomers wanna do these days. They're horny, and they they don't have that support. They wanna activate their soft fork.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1188">19:48</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1188" data-t="1188">We're gonna have to have a serious conversation about the security implications</span> <span class="cue" id="t-1193" data-t="1193">of</span> <span class="cue" id="t-1194" data-t="1194">the Bitcoin Policy Institute of Zach Shapiro,</span> <span class="cue" id="t-1197" data-t="1197">David Zell, Grant McCarthy,</span> <span class="cue" id="t-1200" data-t="1200">Matthew Pines, and and all the rest of them. Of them going in orange pilling these boomer politicians because they're gonna have very strong opinions</span> <span class="cue" id="t-1208" data-t="1208">on soft force. So the people that are going</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1210">20:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1210" data-t="1210">and telling us where we can smoke, should they be</span> <span class="cue" id="t-1214" data-t="1214">allowed because I prefer that Bitcoin podcasters that don't have credentialed opinions</span> <span class="cue" id="t-1220" data-t="1220">on Bitcoin.</span> <span class="cue" id="t-1221" data-t="1221">I prefer their opinions</span> <span class="cue" id="t-1223" data-t="1223">over the people telling us where we can't can't smoke in Washington</span> <span class="cue" id="t-1227" data-t="1227">and their opinions on Fort.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1229">20:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1229" data-t="1229">Yeah. That's what and the boomers are</span> <span class="cue" id="t-1232" data-t="1232">to blame</span> <span class="cue" id="t-1233" data-t="1233">for</span> <span class="cue" id="t-1234" data-t="1234">smoking, almost all the smoking bans. They were in control</span> <span class="cue" id="t-1238" data-t="1238">when</span> <span class="cue" data-t="1238">smoking stopped being</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1240">20:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1240" data-t="1240">allowed.</span> <span class="cue" id="t-1241" data-t="1241">I just sometimes just wanna go to Outback Steakhouse, have a bloomin' onion, and smoke Marlboro Red. You can't do that. You haven't been able to do that for They love twenty years. They love their smoking when they were doing it.</span> <span class="cue" id="t-1251" data-t="1251">Of course. Yeah. They the boomers are hypocrites across the board. They didn't serve Vietnam. They draft dodge. Now they're sending everybody to go keep the economy strong to defend Israel. They</span> <span class="cue" id="t-1262" data-t="1262">had the most divorces,</span> <span class="cue" id="t-1263" data-t="1263">the most abortions,</span> <span class="cue" id="t-1265" data-t="1265">if any any generation in history. And now they're telling people about family values. They're telling people about health. Like, you have to get you have to smoke outside, and you have to get experimental vaccines if you wanna be healthy. Well, they don't still have any credibility.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1278">21:18</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1278" data-t="1278">Is it their attitude is smoking for the, but not for me. Like, they had their heyday</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1283">21:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1283" data-t="1283">to They smoke on airplanes. Yep. None of us I wasn't alive when you were able to smoke on airplanes. Yep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1289">21:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1289" data-t="1289">It it really is just this.</span> <span class="cue" id="t-1292" data-t="1292">I don't know what we could do about the boomer is to keep them in track. I mean, I I I think, like, the the solace is is that most of them are too dumb to figure out Bitcoin. Most of them have paper Bitcoin too. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1304">21:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1304" data-t="1304">So they don't they're less likely to run notes,</span> <span class="cue" id="t-1307" data-t="1307">but they are not less likely to have opinions. And those opinions</span> <span class="cue" id="t-1312" data-t="1312">can be influential because there are people who still value</span> <span class="cue" id="t-1317" data-t="1317">the opinion of, boomers, especially rich ones. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1321">22:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1321" data-t="1321">Yeah. That was a good point. Yeah. I mean, maybe maybe paper paper Bitcoin is kinda like the, the flypaper that the boomers stick to where they don't have any influence on,</span> <span class="cue" id="t-1332" data-t="1332">the protocol development.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1334">22:14</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1334" data-t="1334">Pay for Bitcoin. And you know what? If you're a Bitcoiner, who cares in a certain way? Yeah. If you're a Bitcoiner, who cares?</span> <span class="cue" id="t-1341" data-t="1341">It paper Bitcoin</span> <span class="cue" id="t-1343" data-t="1343">by the way, we're not talking about fractionally reserve paper Bitcoin. We're talking, you know, one to one</span> <span class="cue" id="t-1350" data-t="1350">one to one economic paper Bitcoin. If that's how they wanna do it Does that exist? What's that? Does one to one paper Bitcoin are you talking about the ETFs? Well, yeah. So I think certainly certainly the ETF is a one to one paper Bitcoin. Now it is now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1367">22:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1367" data-t="1367">Do you think that</span> <span class="cue" id="t-1369" data-t="1369">the the ETFs</span> <span class="cue" id="t-1370" data-t="1370">solve that unit bias,</span> <span class="cue" id="t-1372" data-t="1372">issue that people are talking about in the Sats bits? Or, like, how do we re how do we fix the unit bias?</span> <span class="cue" id="t-1380" data-t="1380">I think it already has been. I think that we fixed the unit bias for boomers. They saw they could buy Bitcoin at, like, $37.</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">Fundamentals</b> <span class="cue" id="t-1387" data-t="1387">For boomers, it did. Yeah. Yeah. It completely distracted them.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1393">23:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1393" data-t="1393">Interesting. So we we we don't want the boomers to have too much influence. We don't I don't wanna share my wife's I don't want my wife to share UTXOs with boomers.</span> <span class="cue" id="t-1403" data-t="1403">That's for sure.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1406">23:26</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1406" data-t="1406">I don't know I don't know how we fix it. I mean, are we a society are we a society that discriminates against boomers?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1412">23:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1412" data-t="1412">I think we should be. I think I agree. Yeah. I mean,</span> <span class="cue" id="t-1416" data-t="1416">if they discriminate against us</span> <span class="cue" id="t-1419" data-t="1419">and they</span> <span class="cue" id="t-1420" data-t="1420">have this animosity</span> <span class="cue" id="t-1422" data-t="1422">towards,</span> <span class="cue" id="t-1424" data-t="1424">people that just wanna be free and smoke cigarettes. Yes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1427">23:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1427" data-t="1427">Equal discrimination. That's your right as a free human being</span> <span class="cue" id="t-1430" data-t="1430">to discriminate</span> <span class="cue" id="t-1432" data-t="1432">back, I guess. It's a retaliatory</span> <span class="cue" id="t-1434" data-t="1434">action.</span> <span class="cue" id="t-1435" data-t="1435">It's a tit for tat situation.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1438">23:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1438" data-t="1438">What have what have boomers ever done for us? They,</span> <span class="cue" id="t-1441" data-t="1441">got us $37,000,000,000,000</span> <span class="cue" id="t-1443" data-t="1443">into debt. They,</span> <span class="cue" id="t-1446" data-t="1446">they own all the houses and assets because they took advantage of dropping interest rates. And here's most importantly,</span> <span class="cue" id="t-1452" data-t="1452">boomers have never won any wars.</span> <span class="cue" id="t-1455" data-t="1455">Name a war in history that the boomers caught in,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1459">24:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1459" data-t="1459">led,</span> <span class="cue" id="t-1460" data-t="1460">any of it. They haven't won any wars. They lost to Vietnam. They lost to the the Taliban.</span> <span class="cue" id="t-1465" data-t="1465">They lost</span> <span class="cue" id="t-1466" data-t="1466">to whatever</span> <span class="cue" id="t-1468" data-t="1468">the fucking groups are in Iraq that are in control now. They lost all the wars. They they call Grenada a war. It's not a war. That's it. That's bullshit to try to put that one on the scoreboard. They haven't won anything. They haven't they don't deserve They're like Kosovo in there too. Security. Or with the the Bosnia Bosnia Kosovo.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1487">24:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1487" data-t="1487">They're like the French the French of generations. That's what the boomers are. Yeah. They're just losers. I mean, if you're pulling on Grenada</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">Fundamentals</b> <span class="cue" id="t-1494" data-t="1494">and you're a United States boomer, it's pretty pathetic.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1498">24:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1498" data-t="1498">They're and they're losing the war</span> <span class="cue" id="t-1500" data-t="1500">in Ukraine, Russia by picking the wrong side. They're losing The war on drugs? War on drugs. War on drugs, war on cancer, war on terror, war on poverty.</span> <span class="cue" id="t-1509" data-t="1509">So now I I also hope they decide to launch a war on Bitcoin because they'll lose. Yes.</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">Richard Greaser</b> <span class="cue" id="t-1514" data-t="1514">Well, they kinda have. Like, the boomers in Washington</span> <span class="cue" id="t-1517" data-t="1517">were the one you look at the Biden administration.</span> <span class="cue" id="t-1521" data-t="1521">The Biden administration</span> <span class="cue" id="t-1523" data-t="1523">was the embodiment of this. And let's be honest about Donald Trump.</span> <span class="cue" id="t-1527" data-t="1527">We have to be honest. He has no idea what any of this shit is. It's the younger generation.</span> <span class="cue" id="t-1532" data-t="1532">It's his kids that are advising</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1534">25:34</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1534" data-t="1534">him on this. So you got Baron. So so Eric and and Don Junior are kinda retarded. Baron I'm surprised they're not here at this event, by the way. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1541">25:41</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1541" data-t="1541">They could be they could be incognito. Don Junior is the most retarded. Eric is slightly below, and Baron is he's Yeah. Not too bad.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1550">25:50</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1550" data-t="1550">What happened to Ivanka?</span> <span class="cue" id="t-1551" data-t="1551">Where did they put her?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1553">25:53</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1553" data-t="1553">She's just hot. She just disappeared with Jared Kushner.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1556">25:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1556" data-t="1556">Yeah.</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">Now real quick to,</span> <span class="cue" id="t-1559" data-t="1559">remind everybody what's going on. We're at spamming Vegas right now at the in Las Vegas at the conference, and this is a really cool,</span> <span class="cue" id="t-1568" data-t="1568">building, a really cool environment that they've got.</span> <span class="cue" id="t-1571" data-t="1571">Honestly, so far that we've been here, the most popular portion of this conference has been,</span> <span class="cue" id="t-1577" data-t="1577">this cafeteria.</span> <span class="cue" id="t-1579" data-t="1579">The the speeches are okay. The panels seem to have gone well, but everybody's hanging out here in the cafeteria.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1585">26:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1585" data-t="1585">It's probably the coolest conference cafeteria.</span> <span class="cue" id="t-1589" data-t="1589">Well, you know, it kinda looks like one of those modern McDonald's, but there's some cool fake plants. And this is where everybody's hanging out. Nobody's,</span> <span class="cue" id="t-1596" data-t="1596">I see sliders and chicken fingers. Yeah. People talk about, you know, go to conferences for these panels and these speakers and all this engagement. But, no, I think it's to, eat deli sandwiches</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1606">26:46</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1606" data-t="1606">and talk about ordinals with, you know, other subscribers. But when we set up the mic's up, there were about five people in here,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1612">26:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1612" data-t="1612">and now there's about a 150. I I think that's because they came to see us, honestly. They're they're just kinda they're giving us weird glances for some</span> <span class="cue" id="t-1622" data-t="1622">I don't think it's a strange sight to be at a conference seeing people podcasting about Bitcoin. It might be because we're just you know, we all look different. We have our credentials.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1632">27:12</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1632" data-t="1632">We're the probably the only credentialed journalists that gave this event attention. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1637">27:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1637" data-t="1637">Yeah. Well, BlockSpace is here. Yeah. Charlie Spears. Yeah. Those guys are here. I don't know if they have credentials. Are they up to date?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1645">27:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1645" data-t="1645">I don't I I can't I haven't verified. They they technically have credentials because they are media partner with this event.</span> <span class="cue" id="t-1652" data-t="1652">Okay. So I think that is,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1654">27:34</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1654" data-t="1654">pretty official. Where's their podcast?</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">Richard Greaser</b> <span class="cue" id="t-1657" data-t="1657">They they actually got a room. They we we got we got sent to the,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1661">27:41</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1661" data-t="1661">the cafeteria. They have their own private room. We're here with the people. We're feeling the vibe of the people here.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1668">27:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1668" data-t="1668">We're in the hot we're in the hot spot for this conference right now. Yeah. A 100%. Yeah.</span> <span class="cue" id="t-1674" data-t="1674">The part where you pay, like, $12 for a ham sandwich that's soggy and you get to sit around fake plants and just and just hang out with the, you know, the service staff. Yeah. So far, the most popular spot here.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1688">28:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1688" data-t="1688">Well, I do have good news, guys. I I figured out zap.stream. It looks like we're live on zap.stream.</span> <span class="cue" id="t-1695" data-t="1695">We've only got a few viewers, and, you know, part of the reason is because I haven't figured out how to, share it. Anybody we know in there? Nobody's commenting me yet. But, yeah. If you wanna throw comments and, ask questions,</span> <span class="cue" id="t-1707" data-t="1707">what we're seeing on the ground here</span> <span class="cue" id="t-1710" data-t="1710">in,</span> <span class="cue" id="t-1711" data-t="1711">we got we got we just got zapped a 149</span> <span class="cue" id="t-1714" data-t="1714">stats. Nice.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1716">28:36</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1716" data-t="1716">Challenger.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1717">28:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1717" data-t="1717">Yeah. So so n pub</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1720">28:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1720" data-t="1720">one y e It says hazard, h Z RD one four nine.</span> <span class="cue" id="t-1725" data-t="1725">I don't recognize that,</span> <span class="cue" id="t-1727" data-t="1727">Nostra app username, but thank you for the sets.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1730">28:50</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1730" data-t="1730">And they say better than the main stage. So, yeah, we are currently competing with the,</span> <span class="cue" id="t-1736" data-t="1736">the Bitcoin magazine event. I don't I don't even know what's going on over there today. It's it's industry day. I think these people are thirsty</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1744">29:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1744" data-t="1744">for Bitcoin podcast with signal and entropy. I think I I certainly didn't come to this conference expecting to</span> <span class="cue" id="t-1751" data-t="1751">to for our stage, our table to be the most popular area in the conference, but</span> <span class="cue" id="t-1757" data-t="1757">it is. It's it's happened that way. Yeah. I do wanna barely announced it. I do wanna, you know, confirm a very,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1765">29:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1765" data-t="1765">important</span> <span class="cue" id="t-1766" data-t="1766">statement that Aaron Redwing said. So, you know, I was walking around with fundamentals this morning around the Venetian.</span> <span class="cue" id="t-1772" data-t="1772">We were taking a look at what was happening at the Bitcoin Magazine conference.</span> <span class="cue" id="t-1777" data-t="1777">Weren't that many women there.</span> <span class="cue" id="t-1779" data-t="1779">The majority of the women that I saw, we were actually hanging out with, which is kind of interesting. Yeah.</span> <span class="cue" id="t-1784" data-t="1784">The the team from, twenty one media has a has a couple women on them. Shout out to twenty one.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1790">29:50</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1790" data-t="1790">You you look around here,</span> <span class="cue" id="t-1792" data-t="1792">and Aaron Redwing's estimation, that's probably about 30%,</span> <span class="cue" id="t-1797" data-t="1797">women,</span> <span class="cue" id="t-1798" data-t="1798">you know, biological women,</span> <span class="cue" id="t-1800" data-t="1800">not just people like Jeremy Rubin,</span> <span class="cue" id="t-1804" data-t="1804">is accurate.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1806">30:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1806" data-t="1806">And</span> <span class="cue" id="t-1807" data-t="1807">I'm impressed. I'm impressed.</span> <span class="cue" id="t-1809" data-t="1809">So not only are these people,</span> <span class="cue" id="t-1812" data-t="1812">using Bitcoin,</span> <span class="cue" id="t-1814" data-t="1814">there's,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1815">30:15</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1815" data-t="1815">women here. There's more women here.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1817">30:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1817" data-t="1817">So what what does that say? You think women prefer men who use,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1823">30:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1823" data-t="1823">They prefer men who know how to use Bitcoin. Okay.</span> <span class="cue" id="t-1826" data-t="1826">And I just</span> <span class="cue" id="t-1828" data-t="1828">hey. Listen.</span> <span class="cue" id="t-1829" data-t="1829">It's only anecdotal evidence. I haven't seen the hard data, but talking to fellow plebs and and fellow podcasters,</span> <span class="cue" id="t-1835" data-t="1835">women just don't think paper Bitcoin is hot. They don't think it's interesting. They don't care about Bitcoin treasury companies. They don't care about micro strategy and nav. They don't care about any of that. They they don't care about MSTY.</span> <span class="cue" id="t-1849" data-t="1849">They just</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1850">30:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1850" data-t="1850">they they think it's boring. They don't think it's Bitcoin is for gold diggers.</span> <span class="cue" id="t-1854" data-t="1854">Right. Yeah. There you go. Whereas real Bitcoin</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1857">30:57</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1857" data-t="1857">is for real women.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1859">30:59</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1859" data-t="1859">Very, very</span> <span class="cue" id="t-1860" data-t="1860">interesting.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1863">31:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1863" data-t="1863">We got another,</span> <span class="cue" id="t-1864" data-t="1864">zap on zap. Stream from Mark,</span> <span class="cue" id="t-1866" data-t="1866">dinosaur lightning and, camera and heart emoji. Fuck the state. Fuck the state. Yeah.</span> <span class="cue" id="t-1872" data-t="1872">Fuck the state. Paper Bitcoin is a is downstream of the state. You can't have paper Bitcoin without the state. You can have Bitcoin without the state, and you can have Bitcoin</span> <span class="cue" id="t-1882" data-t="1882">maybe you know, we're working towards ending the state, but you can't have paper Bitcoin</span> <span class="cue" id="t-1886" data-t="1886">without the support of the state.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1888">31:28</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-1888" data-t="1888">You know, this event, I think, has more fuck the state</span> <span class="cue" id="t-1893" data-t="1893">types, and that's probably why there's more women here.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1896">31:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1896" data-t="1896">Yep. That that makes sense. I didn't think about it that way. I have not seen a single politician.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1901">31:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1901" data-t="1901">Nope. I have not seen</span> <span class="cue" id="t-1904" data-t="1904">a single any sense? Yeah. I mean, there's probably feds here, but they're they're not as obvious. You don't see, Secret Service walking around anywhere. There's no TSA</span> <span class="cue" id="t-1914" data-t="1914">no TSA agents at at spam in Vegas. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1921">32:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1921" data-t="1921">And there's</span> <span class="cue" id="t-1923" data-t="1923">there's I don't even see a cop, security, or anything. We brought our bags in. No problem. Right. Right. Nobody</span> <span class="cue" id="t-1930" data-t="1930">nobody's wearing Monero shirts here, so the feds are at least</span> <span class="cue" id="t-1934" data-t="1934">I I I don't I don't think there's any feds here. None of nobody looks like a fed.</span> <span class="cue" id="t-1939" data-t="1939">I mean, I you gotta assume there is, though. So I I guess there's a question,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1943">32:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1943" data-t="1943">that I have. So, you know, one of the one of the common memes</span> <span class="cue" id="t-1946" data-t="1946">of why people,</span> <span class="cue" id="t-1948" data-t="1948">you know, the people advocating for the use of paper Bitcoin,</span> <span class="cue" id="t-1952" data-t="1952">suggest</span> <span class="cue" id="t-1953" data-t="1953">is this idea of Trojan horse in the state.</span> <span class="cue" id="t-1957" data-t="1957">Right? Sure.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1959">32:39</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1959" data-t="1959">And,</span> <span class="cue" id="t-1961" data-t="1961">you know, the all the feds are at all events that are supposedly Trojan horse in the state. At this one,</span> <span class="cue" id="t-1968" data-t="1968">maybe the feds aren't taking people seriously that are putting monkey JPEGs</span> <span class="cue" id="t-1973" data-t="1973">on the blockchain.</span> <span class="cue" id="t-1975" data-t="1975">But</span> <span class="cue" id="t-1976" data-t="1976">maybe this is the real Trojan horse.</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">Richard Greaser</b> <span class="cue" id="t-1980" data-t="1980">Is that</span> <span class="cue" id="t-1982" data-t="1982">what are your thoughts on that, guys?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1984">33:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1984" data-t="1984">This is</span> <span class="cue" id="t-1986" data-t="1986">probably</span> <span class="cue" id="t-1988" data-t="1988">the most,</span> <span class="cue" id="t-1989" data-t="1989">it's it's not consistent,</span> <span class="cue" id="t-1991" data-t="1991">but it comes in waves.</span> <span class="cue" id="t-1993" data-t="1993">The probably the most novel and effective way to launder money on Bitcoin right now is through inscriptions, BRCs,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1999">33:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1999" data-t="1999">some of these other, some of these other tools.</span> <span class="cue" id="t-2002" data-t="2002">And it's bringing money laundering back from Monero. It's bringing money laundering back from paper Bitcoin, and it's it's finally putting it back on chain because I don't know if the miners,</span> <span class="cue" id="t-2013" data-t="2013">can exist in this certain form that they are now. And I don't know if bid actors,</span> <span class="cue" id="t-2018" data-t="2018">will continue</span> <span class="cue" id="t-2020" data-t="2020">to mine ideologically</span> <span class="cue" id="t-2022" data-t="2022">without money laundering on Bitcoin. And I think that that's a really</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2026">33:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2026" data-t="2026">important aspect of the security of the protocol is that money laundering continue to happen. Our communities</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2032">33:52</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2032" data-t="2032">art art communities are notorious for money laundering. Exactly. And if Hunter Biden</span> <span class="cue" id="t-2037" data-t="2037">was selling art or paying, you know, $80,000,000 for art pieces,</span> <span class="cue" id="t-2041" data-t="2041">there's definitely feds here</span> <span class="cue" id="t-2043" data-t="2043">trying to learn how to use</span> <span class="cue" id="t-2045" data-t="2045">JPEGs and magic Internet money.</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">Yeah. But, like, the thing is about Hunter Biden is, like, I I don't think guys like that take this very seriously because they're more interested in in fiat money laundering.</span> <span class="cue" id="t-2057" data-t="2057">Like, it it's like, why should I go through the trouble</span> <span class="cue" id="t-2060" data-t="2060">of figuring out how to set up a magic Eden account,</span> <span class="cue" id="t-2064" data-t="2064">how to inscribe a JPEG on the blockchain</span> <span class="cue" id="t-2066" data-t="2066">while getting yelled at by all the Bitcoin podcasters for being shitcoiners</span> <span class="cue" id="t-2071" data-t="2071">when I could just do all of this stuff through the banking system,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2075">34:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2075" data-t="2075">get a pat on the back, get a white glove service from</span> <span class="cue" id="t-2078" data-t="2078">Jamie Dimon and, you know, whoever else.</span> <span class="cue" id="t-2083" data-t="2083">The the barrier to entry for</span> <span class="cue" id="t-2085" data-t="2085">the fiat money laundering for for people like it's it's like if he came into</span> <span class="cue" id="t-2092" data-t="2092">spamming Vegas</span> <span class="cue" id="t-2094" data-t="2094">and he's showing his ordinal set to us,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2097">34:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2097" data-t="2097">he would have to rebuild his brand. Because I think people here, you know, they listen to how money podcast. They're they're</span> <span class="cue" id="t-2104" data-t="2104">presented with these ideas.</span> <span class="cue" id="t-2105" data-t="2105">They they they're actually, like, kinda close to</span> <span class="cue" id="t-2109" data-t="2109">or on par with what reality is. And they they look at how to buy it in. They're not like they're not like Aubrey Strobel,</span> <span class="cue" id="t-2116" data-t="2116">you know, for tweeting about how much of a patriot,</span> <span class="cue" id="t-2120" data-t="2120">Joe Biden was. You know, if you think Joe Biden's a patriot Sir.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2125">35:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2125" data-t="2125">You don't like ordinals,</span> <span class="cue" id="t-2128" data-t="2128">you,</span> <span class="cue" id="t-2131" data-t="2131">No. There's something wrong there. I mean, you're you're just not you're not in touch with reality. Joe Biden,</span> <span class="cue" id="t-2137" data-t="2137">at the end of his</span> <span class="cue" id="t-2140" data-t="2140">presidency,</span> <span class="cue" id="t-2141" data-t="2141">attempted</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2142">35:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2142" data-t="2142">attempted to ban</span> <span class="cue" id="t-2143" data-t="2143">nicotine and cigarettes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2145">35:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2145" data-t="2145">Do does anybody remember this? Yes. I do. Yes. I do. I mean,</span> <span class="cue" id="t-2149" data-t="2149">it it was</span> <span class="cue" id="t-2150" data-t="2150">after a trend of</span> <span class="cue" id="t-2152" data-t="2152">they banned menthols, which I'm not gonna speak up against that one, but they they banned,</span> <span class="cue" id="t-2157" data-t="2157">vapes,</span> <span class="cue" id="t-2158" data-t="2158">the the jewels. Again, not gonna speak up against that one. And then they were going after Zins</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2163">36:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2163" data-t="2163">and actually</span> <span class="cue" id="t-2165" data-t="2165">removing nicotine from cigarettes. They wanted people to basically be like Madex and only smoke cloves.</span> <span class="cue" id="t-2171" data-t="2171">They wanted you to get</span> <span class="cue" id="t-2173" data-t="2173">the</span> <span class="cue" id="t-2174" data-t="2174">all the carcinogens</span> <span class="cue" id="t-2175" data-t="2175">in your lungs without</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2177">36:17</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2177" data-t="2177">any of the benefits. Without any of the protection from Parkinson's.</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">Rod Palmer</b> <span class="cue" id="t-2181" data-t="2181">But you can't just have carcinogens in your lungs without</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2185">36:25</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2185" data-t="2185">balancing it with nicotine. That's how you that's just how you That's right. That this is like, you know, when an oyster,</span> <span class="cue" id="t-2191" data-t="2191">people say oysters are unhealthy because it has all this mercury, but it also has the selenium.</span> <span class="cue" id="t-2196" data-t="2196">It has</span> <span class="cue" id="t-2198" data-t="2198">the other things that are needed to counteract it. So if you just were to rip one piece out, this is my problem with financial engineering and Bitcoin, by the way, but if you're just to rip one piece out</span> <span class="cue" id="t-2208" data-t="2208">like nicotine,</span> <span class="cue" id="t-2210" data-t="2210">then you're really left with a Franken monster</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2212">36:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2212" data-t="2212">of a horrible You just can't have products. You just can't have</span> <span class="cue" id="t-2215" data-t="2215">it's like Monero. Too many trade offs, and it you end up you end up creating</span> <span class="cue" id="t-2221" data-t="2221">a a worthless or it is just not the functionality just Do you think utilities too long. Do you think that removing nicotine</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2228">37:08</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2228" data-t="2228">was,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2229">37:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2229" data-t="2229">you know, to help people? Or do you think No. It's to peep keep them thinking for themselves and from revolting and from rising up. I mean, the the Romans didn't let the slaves and the gladiators exercise because they didn't want them to be strong. So they, you know, it doesn't say anything in history, but I assume they didn't let us smoke cigarettes,</span> <span class="cue" id="t-2246" data-t="2246">because that would have had the same effect.</span> <span class="cue" id="t-2249" data-t="2249">But back to Richard's point on the politicians</span> <span class="cue" id="t-2252" data-t="2252">and, you know, what they prefer, like, they the the like you said, the red carpet that Jamie Dimon rolls out.</span> <span class="cue" id="t-2259" data-t="2259">I'm I'm curious. Do you remember</span> <span class="cue" id="t-2261" data-t="2261">it's it's not always been the case that the government and the highest levels of the establishment have ignored,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2267">37:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2267" data-t="2267">inscriptions.</span> <span class="cue" id="t-2268" data-t="2268">Donald Trump has an ordinal. Donald Trump has an ordinal on chain. His sons are retarded. They're always doing meme coins and pump and dumps,</span> <span class="cue" id="t-2276" data-t="2276">but they they haven't seen the value of doing it with Bitcoin. They're just doing it with wrapped Bitcoin or some of these other Ethereum based protocols. Well,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2285">38:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2285" data-t="2285">I I think here here's what I have to say about Trump and and the</span> <span class="cue" id="t-2289" data-t="2289">the Trump administration</span> <span class="cue" id="t-2291" data-t="2291">is they are</span> <span class="cue" id="t-2294" data-t="2294">or he is and this is why</span> <span class="cue" id="t-2296" data-t="2296">the boomers don't like Trump largely</span> <span class="cue" id="t-2299" data-t="2299">is he is the sign of capitulation</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2302">38:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2302" data-t="2302">on Bitcoin.</span> <span class="cue" id="t-2304" data-t="2304">They wanted their next war to be the war on Bitcoin. They attempted to to wage that war with Joe Biden.</span> <span class="cue" id="t-2310" data-t="2310">They are realizing they are losing that war</span> <span class="cue" id="t-2313" data-t="2313">by</span> <span class="cue" id="t-2315" data-t="2315">Trump becoming an ordinals guy and a shitcoiner in general.</span> <span class="cue" id="t-2319" data-t="2319">It's a sign of capitulation. It's it's the the sign of the boomers,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2323">38:43</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2323" data-t="2323">you know, who are who are clutching on the power as long as they can. Wanna make things as shitty for the younger generations as possible,</span> <span class="cue" id="t-2331" data-t="2331">that wanna prevent</span> <span class="cue" id="t-2332" data-t="2332">smoking, restrictions being lifted</span> <span class="cue" id="t-2336" data-t="2336">till the day that they die. It is a sign of them losing. They don't like that. They don't like</span> <span class="cue" id="t-2343" data-t="2343">the reality of Bitcoin winning,</span> <span class="cue" id="t-2346" data-t="2346">universally in Trump.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2348">39:08</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2348" data-t="2348">It really didn't matter. Yeah. I think Trump you know what else?</span> <span class="cue" id="t-2352" data-t="2352">When Trump wants to make a point</span> <span class="cue" id="t-2354" data-t="2354">about something,</span> <span class="cue" id="t-2356" data-t="2356">he'll do the most ugly version.</span> <span class="cue" id="t-2358" data-t="2358">He'll embrace the, like, the ugliest versions of something to let you know how serious he is. Yeah. And so I think him minting an ordinal is just him letting people know how serious he is about embracing Bitcoin.</span> <span class="cue" id="t-2369" data-t="2369">Yeah. That he will embrace the, like, the the ugliest parts of it potentially.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2373">39:33</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2373" data-t="2373">Also, I think there's, you know,</span> <span class="cue" id="t-2376" data-t="2376">there's a lot of marketing opportunity because this is a,</span> <span class="cue" id="t-2380" data-t="2380">probably, a very easily marketed to group of people</span> <span class="cue" id="t-2383" data-t="2383">that</span> <span class="cue" id="t-2384" data-t="2384">he probably thinks he can drift on pretty easily.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2388">39:48</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2388" data-t="2388">Yeah.</span> <span class="cue" id="t-2390" data-t="2390">Well,</span> <span class="cue" id="t-2392" data-t="2392">I've got</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2393">39:53</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2393" data-t="2393">yeah. So the the cafeteria continues to be more and more popular here at, standing Vegas.</span> <span class="cue" id="t-2401" data-t="2401">Now a little bit</span> <span class="cue" id="t-2403" data-t="2403">of a,</span> <span class="cue" id="t-2405" data-t="2405">off topic here, but I just got word that there's rumors floating around that Mike Brock has been spotted at the Venetian. So,</span> <span class="cue" id="t-2413" data-t="2413">that is an I don't know where that goes. Maybe we could get him on a on a live stream this week, or we could get him to satirize the system.</span> <span class="cue" id="t-2422" data-t="2422">It kinda put</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">Rod Palmer</b> <span class="cue" id="t-2423" data-t="2423">put it out there about how important these Bitcoin podcasts and smokey cigarettes are because I think if he sees it in action at at our event, tomorrow night at the nerd, on Fremont Street, Las Vegas,</span> <span class="cue" id="t-2434" data-t="2434">I think we we might be able to change his mind. I I have a theory about Mike Brock.</span> <span class="cue" id="t-2439" data-t="2439">Alright. Let's go. Let's hear it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2441">40:41</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2441" data-t="2441">It's that he thought he could come to the Bitcoin conference and not immediately</span> <span class="cue" id="t-2445" data-t="2445">just be bombarded by people making fun of him.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2450">40:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2450" data-t="2450">It'll be interesting to find out if he's right.</span> <span class="cue" id="t-2452" data-t="2452">I don't know how many people are gonna recognize him. He's lost a lot of weight since his last conference. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2458">40:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2458" data-t="2458">Well, if I see him, I'm probably gonna walk up to him, sign a pack of cigarettes for him, tell him, and try and shake his hand, tell him to quit being a pussy,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2467">41:07</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2467" data-t="2467">and start listening to 48 HPW. So, you know, maybe that's what he's already doing. If he buys a copy of Atlas Shrugged, I think you would we do an autograph after him. Alright. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2479">41:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2479" data-t="2479">That I mean, that would be kind of a strange,</span> <span class="cue" id="t-2482" data-t="2482">thing to do,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2484">41:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2484" data-t="2484">to If anybody here in Vegas has a copy of Atlas Shrugged</span> <span class="cue" id="t-2489" data-t="2489">that are they're willing to, you know, donate it or give it to Mike Brock to kinda help him</span> <span class="cue" id="t-2494" data-t="2494">get back on the right track.</span> <span class="cue" id="t-2496" data-t="2496">Fountainhead would be acceptable as well. Yeah. Yeah. Come to satirize the system. Get that autograph by Richard Greaser, and make sure you get it to Mike, especially if you know Mike and you're in the area and you have Atlas trucks.</span> <span class="cue" id="t-2508" data-t="2508">I mean, this this could be the intervention he needs. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2511">41:51</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2511" data-t="2511">It might be make more sense to I I actually give him the fountain that had to start out because,</span> <span class="cue" id="t-2517" data-t="2517">you know, he essentially embodies one of the characters.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2521">42:01</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2521" data-t="2521">Absolutely.</span> <span class="cue" data-t="2521">Absolutely.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2523">42:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2523" data-t="2523">Well, one of the things I wanted to talk about with you fundamentals while we got here</span> <span class="cue" id="t-2528" data-t="2528">so you and I were discussing the other night some of these Bitcoin influences out there</span> <span class="cue" id="t-2533" data-t="2533">being Peter Keating type characters. I wanna hear your thoughts on that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2539">42:19</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2539" data-t="2539">Well,</span> <span class="cue" id="t-2540" data-t="2540">for anybody who has read the fountainhead,</span> <span class="cue" id="t-2542" data-t="2542">you know, Peter Keating is the character that, like, was</span> <span class="cue" id="t-2546" data-t="2546">received all the accolades, got the success,</span> <span class="cue" id="t-2549" data-t="2549">but he was</span> <span class="cue" id="t-2551" data-t="2551">also obsessed</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2552">42:32</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2552" data-t="2552">with getting the accolades</span> <span class="cue" id="t-2554" data-t="2554">and getting the acceptance.</span> <span class="cue" id="t-2557" data-t="2557">I think that</span> <span class="cue" id="t-2559" data-t="2559">I mean, I think it's fair to say that a lot of</span> <span class="cue" id="t-2562" data-t="2562">this, you know, the influencer space in Bitcoin</span> <span class="cue" id="t-2565" data-t="2565">probably follows his archetype.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2567">42:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2567" data-t="2567">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2568">42:48</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2568" data-t="2568">And they probably</span> <span class="cue" id="t-2571" data-t="2571">they probably would correctly self identify themselves with Peter. They probably view him as a hero in the book. They don't, you know, these aren't people who think they're Howard Bork or anybody. They think they're Peter Keating,</span> <span class="cue" id="t-2583" data-t="2583">and they're perfectly</span> <span class="cue" id="t-2584" data-t="2584">happy</span> <span class="cue" id="t-2586" data-t="2586">with that.</span> <span class="cue" id="t-2589" data-t="2589">Yeah. It's very interesting to think about. I mean, it's, Like, we view that we view him as a bit of a douche and a kind of a a villainous character. He betrayed, you know,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2599">43:19</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2599" data-t="2599">he betrayed Howard's trust and he real kinda ruined his life he ruined his life, you know, many times. But they don't view it that way. They would view, you know,</span> <span class="cue" id="t-2608" data-t="2608">I think these are the kind of people that watch</span> <span class="cue" id="t-2610" data-t="2610">The Phantom Menace</span> <span class="cue" id="t-2612" data-t="2612">and identify with the Viceroy.</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">Yeah.</span> <span class="cue" id="t-2616" data-t="2616">Well, it's interesting</span> <span class="cue" id="t-2617" data-t="2617">because</span> <span class="cue" id="t-2619" data-t="2619">and, like, this is why it's important to read these books on a regular basis. Right? Is to have the proper context because</span> <span class="cue" id="t-2627" data-t="2627">our our culture and the the type of media that is</span> <span class="cue" id="t-2630" data-t="2630">promoted as as being good.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2633">43:53</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2633" data-t="2633">One of the things that we we were talking about was Breaking Bad</span> <span class="cue" id="t-2637" data-t="2637">and how many of the people watching Breaking Bad were,</span> <span class="cue" id="t-2641" data-t="2641">you know, empathizing or,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2644">44:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2644" data-t="2644">you know, were So they sympathize with the, you know With the black guy? Bad guy. It's like people who like the Joker and Batman. Yeah. People who like Tony Soprano.</span> <span class="cue" id="t-2653" data-t="2653">The villain</span> <span class="cue" id="t-2654" data-t="2654">the the protagonist</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2655">44:15</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2655" data-t="2655">is evil. The writers, Vince Gilligan,</span> <span class="cue" id="t-2659" data-t="2659">what has said that he just kept he really kept raising the bar on how awful</span> <span class="cue" id="t-2664" data-t="2664">Walter White was because</span> <span class="cue" id="t-2666" data-t="2666">he couldn't</span> <span class="cue" id="t-2667" data-t="2667">believe, how these</span> <span class="cue" id="t-2669" data-t="2669">these fans</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">Fundamentals</b> <span class="cue" id="t-2670" data-t="2670">kept rooting for him. Yeah. It's like, what is wrong with you people? This guy is disgusting.</span> <span class="cue" id="t-2674" data-t="2674">Like, what are we gonna have to do? Make him kill a kid?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2678">44:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2678" data-t="2678">And that wouldn't work. That didn't even work. Now he killed the kid. I mean, the kid was annoying, but People were rooting for Walter White until literally the end in the final episode.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2687">44:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2687" data-t="2687">Yeah.</span> <span class="cue" id="t-2689" data-t="2689">And I think that's the the importance of of understanding framing of stories is,</span> <span class="cue" id="t-2695" data-t="2695">you know, what what's the media? Frames the bad guys as the good guys.</span> <span class="cue" id="t-2700" data-t="2700">And and Bitcoin podcasters do this sometimes too.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2703">45:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2703" data-t="2703">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2705">45:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2705" data-t="2705">That's why the infantry and entropy on on Bitcoin podcasts, on on Bitcoin events is really, really</span> <span class="cue" id="t-2711" data-t="2711">important, to see a lot of different perspectives and and and to look at things some way. Because, you know, you see a story told from,</span> <span class="cue" id="t-2719" data-t="2719">you know, different angles. You're gonna come to different conclusions on things. Like,</span> <span class="cue" id="t-2723" data-t="2723">there's no wonder what Mike Brock thinks</span> <span class="cue" id="t-2726" data-t="2726">what he thinks. It's it's because of the content</span> <span class="cue" id="t-2729" data-t="2729">that he's consuming.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2731">45:31</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2731" data-t="2731">He's a sophisticated</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2732">45:32</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2732" data-t="2732">philosopher, but he doesn't have enough entropy. That's and it's that's such a key. Because as funny as it was to tell him that</span> <span class="cue" id="t-2740" data-t="2740">listening to Bitcoin pot listening to forty hours of podcast</span> <span class="cue" id="t-2743" data-t="2743">and smoking cigarettes,</span> <span class="cue" id="t-2745" data-t="2745">you know, you know, it's a troll. However, those things would probably benefit him greatly</span> <span class="cue" id="t-2750" data-t="2750">If he did if he if he spent a month</span> <span class="cue" id="t-2754" data-t="2754">smoking cigarettes and listening to Bitcoin podcast, he would probably</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2758">45:58</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2758" data-t="2758">reach the kind of enlightenment</span> <span class="cue" id="t-2760" data-t="2760">that he</span> <span class="cue" id="t-2761" data-t="2761">believes he has</span> <span class="cue" id="t-2762" data-t="2762">believes he's achieved.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2764">46:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2764" data-t="2764">Yep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2767">46:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2767" data-t="2767">What about</span> <span class="cue" id="t-2769" data-t="2769">you can send that to everybody else.</span> <span class="cue" id="t-2771" data-t="2771">What is what do you think about</span> <span class="cue" id="t-2773" data-t="2773">do you is it worth getting your wife into something like inscriptions or inscribing Vegas to get her to, like, finally</span> <span class="cue" id="t-2781" data-t="2781">listen to forty hours per week? Because I think a lot of people have that problem. They can't get their wife to listen to forty hours.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2788">46:28</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2788" data-t="2788">It might be better</span> <span class="cue" id="t-2790" data-t="2790">to take them to this event</span> <span class="cue" id="t-2793" data-t="2793">than to the Bitcoin conference.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2796">46:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2796" data-t="2796">Or you don't want your wife to go to her first conference and, you know, she's surrounded by feds and Republicans.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2803">46:43</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2803" data-t="2803">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2804">46:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2804" data-t="2804">Not not just any Republicans. Republican politicians.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2807">46:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2807" data-t="2807">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2809">46:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2809" data-t="2809">They don't think girls don't think Republican politicians are hot.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2814">46:54</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2814" data-t="2814">Everybody I'm just looking in that cafeteria here. Everybody here is engaged.</span> <span class="cue" id="t-2819" data-t="2819">Everybody is here. They're speaking very intently to each other. You know? It's a different vibe.</span> <span class="cue" id="t-2825" data-t="2825">Yeah. I'm not trying to romanticize it, but it's a different vibe from the conference.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2830">47:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2830" data-t="2830">Not a lot of cell phones out, not a lot of selfie sticks, not a lot of,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2837">47:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2837" data-t="2837">no Bitcoin magazine preference.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2840">47:20</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2840" data-t="2840">They've gotten over the novelty of that fact that we're here. No one's paying attention to us anymore.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2844">47:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2844" data-t="2844">Ordinals Ordinals magazine</span> <span class="cue" id="t-2847" data-t="2847">isn't even here. It doesn't.</span> <span class="cue" id="t-2849" data-t="2849">It's kinda shocking.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2850">47:30</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2850" data-t="2850">The one thing I will say is there's one guy walking around with a fake cigarette as a prop.</span> <span class="cue" id="t-2856" data-t="2856">And that that's kind of, you know, the stolen valor.</span> <span class="cue" id="t-2860" data-t="2860">There's that one guy. But there's that one guy everywhere. You know what I mean? You know who made that you know who made that famous?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2867">47:47</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2867" data-t="2867">The poker player, Sammy Farha,</span> <span class="cue" id="t-2869" data-t="2869">the runner-up of the two thousand three World Series of Poker that Chris Moneymaker won. His whole thing was the unlit cigarette.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2878">47:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2878" data-t="2878">This I would say the the main negative,</span> <span class="cue" id="t-2881" data-t="2881">of spamming Vegas so far is</span> <span class="cue" id="t-2884" data-t="2884">at least at the, you know, the the casinos, you can smoke cigarettes inside. I don't think you can smoke cigarettes inside here.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2891">48:11</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2891" data-t="2891">No. But you can drink airplane bottles. You could drink</span> <span class="cue" id="t-2894" data-t="2894">you can get your drink on here.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2896">48:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2896" data-t="2896">Yeah. Like, those, those little cinnamon cookies that you get on, you know, the airplane when they're doing the the beverage service.</span> <span class="cue" id="t-2903" data-t="2903">But everybody is in this cafeteria hanging out because they have stuff like that. We're about to test your theory.</span> <span class="cue" id="t-2909" data-t="2909">Right.</span> <span class="cue" id="t-2910" data-t="2910">Right.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2910">48:30</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" data-t="2910">I don't know. I wanna keep the stream rolling. I don't wanna get kicked out yet. So I might step away from the stream for a minute to smoke a cigarette.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2917">48:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2917" data-t="2917">Alright. Well, we can hold it down. You can hold it down for a couple minutes. Down. Yeah. I'll take the headphones up back in here.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2923">48:43</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-2923" data-t="2923">Alright.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2926">48:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2926" data-t="2926">Yeah. So,</span> <span class="cue" id="t-2928" data-t="2928">Richard Greaser's gonna step out. He's gonna have a marble red. So it's just, it's me in fundamentals here for a few minutes.</span> <span class="cue" id="t-2934" data-t="2934">For those of you just tuning in, we're expanding Vegas,</span> <span class="cue" id="t-2937" data-t="2937">the inscriptions event.</span> <span class="cue" id="t-2939" data-t="2939">And, we're in the cafeteria recording live,</span> <span class="cue" id="t-2943" data-t="2943">where everybody else is at. Not sure still if, it's to see us, but people are paying attention. So I got a question for you. What's up? Is it possible that one man's spam is another man's entropy?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2957">49:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2957" data-t="2957">Oh, yeah. Yeah. I don't know if I've thought about it that way before, but I agree. I think that</span> <span class="cue" id="t-2964" data-t="2964">if you,</span> <span class="cue" id="t-2975" data-t="2975">If you,</span> <span class="cue" id="t-2978" data-t="2978">if you don't know if you don't have a good understanding of what entropy is,</span> <span class="cue" id="t-2983" data-t="2983">you it's easy to mistake</span> <span class="cue" id="t-2987" data-t="2987">things that aren't entropy for entropy. You might think this is a random</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2992">49:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2992" data-t="2992">AI slot information.</span> <span class="cue" id="t-2994" data-t="2994">It might you might think that it's,</span> <span class="cue" id="t-2997" data-t="2997">you you might think it's chaos. You might think it's bullshit. You might think it's a scam. But,</span> <span class="cue" id="t-3004" data-t="3004">the the more</span> <span class="cue" id="t-3006" data-t="3006">the more you study it, the more you think about it, and the more you're exposed to it,</span> <span class="cue" id="t-3011" data-t="3011">it is easier to start to tell, like, what this is just signal that hasn't been compressed enough yet. So we're still compressing the signal into a more efficient medium, but this is not entropy.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3023">50:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3023" data-t="3023">And it's still valuable, and you can still learn from it. So</span> <span class="cue" id="t-3027" data-t="3027">I think, personally,</span> <span class="cue" id="t-3029" data-t="3029">any individual inscription</span> <span class="cue" id="t-3031" data-t="3031">or ordinal is probably not</span> <span class="cue" id="t-3034" data-t="3034">worth too much at least in the long term. But when you start looking at these things in sets and you start to have context around how it affects human activity,</span> <span class="cue" id="t-3044" data-t="3044">I think that's where you can start to separate the, the entropy</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3048">50:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3048" data-t="3048">from from the signal.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3052">50:52</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-3052" data-t="3052">I think it's interesting. I I want sometimes I wonder I don't think about this too deeply too often, but</span> <span class="cue" id="t-3058" data-t="3058">this</span> <span class="cue" id="t-3059" data-t="3059">whole spam thing that everybody is worked up over.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3063">51:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3063" data-t="3063">This is Shadrach, by the way. Shadrach now. In the stream. He's, he's got the cigarette in his mouth, and Aaron Redwing's coming over. So stop by.</span> <span class="cue" id="t-3073" data-t="3073">What's that?</span> <span class="cue" id="t-3075" data-t="3075">No. Come on. Well</span> <span class="cue" id="t-3078" data-t="3078">no.</span> <span class="cue" id="t-3079" data-t="3079">Sorry. What's that?</span> <span class="cue" id="t-3081" data-t="3081">Oh, well,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3082">51:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3082" data-t="3082">we're just we're we're just making we're just talking about spam in Vegas, how the cafeteria is the most popular,</span> <span class="cue" id="t-3088" data-t="3088">part of the of the conference so far.</span> <span class="cue" id="t-3091" data-t="3091">Oh, we talked about this. So, but right now, we're talking to one of the the the organizers here of spamming Vegas, Erin Redwing.</span> <span class="cue" id="t-3098" data-t="3098">And she's asking what my thoughts are so far, and we discussed with there's no Feds.</span> <span class="cue" id="t-3102" data-t="3102">There's no, Republican politicians.</span> <span class="cue" id="t-3104" data-t="3104">Well, not that we can tell. There's no TSA agents.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3108">51:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3108" data-t="3108">Nobody's talking about paper Bitcoin. People actually use Bitcoin. You know, it's just a market difference from the Venetian where it's, you know, paper Bitcoin, Republican politicians, TSA agents.</span> <span class="cue" id="t-3119" data-t="3119">It's it's a lot different. It's it's not what we expected. It's stark contrast. But it's great. It's great so far. The cafeteria is popping right now.</span> <span class="cue" id="t-3130" data-t="3130">Yeah. This is a great space. Are you speaking, Aaron? Are you gonna be speaking to people wanna</span> <span class="cue" id="t-3137" data-t="3137">oh, did this tell tell</span> <span class="cue" id="t-3145" data-t="3145">oh. You're bigger. Yeah.</span> <span class="cue" id="t-3149" data-t="3149">Alright.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3150">52:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3150" data-t="3150">I don't know why we didn't do this right from the jump.</span> <span class="cue" id="t-3154" data-t="3154">Are you live somewhere?</span> <span class="cue" id="t-3156" data-t="3156">My voice.</span> <span class="cue" id="t-3157" data-t="3157">This is fucked up. So Aaron is using,</span> <span class="cue" id="t-3161" data-t="3161">is using Richard's</span> <span class="cue" id="t-3162" data-t="3162">voice mod right now. So he's gonna switch microphones with fundamentals.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3167">52:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3167" data-t="3167">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3170">52:50</a><span class="cue-body"><b class="cue-who">Fundamentals</b> <span class="cue" id="t-3170" data-t="3170">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3173">52:53</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3173" data-t="3173">That one that one is, that one's raw dogging. Okay. Oh.</span> <span class="cue" id="t-3177" data-t="3177">Alright. Now your voice is back. So where are you? Had a cigarette, so her voice was deep for a few minutes. She cleared the frog.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3183">53:03</a><span class="cue-body"><b class="cue-who">Erin Redwing</b> <span class="cue" id="t-3183" data-t="3183">Just pounded one in one breath.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3185">53:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3185" data-t="3185">Yeah. So we're on zap dot stream right now. We're on,</span> <span class="cue" id="t-3188" data-t="3188">we're live on x. And,</span> <span class="cue" id="t-3190" data-t="3190">Awesome.</span> <span class="cue" id="t-3191" data-t="3191">So how's it going so far? This is this is your event. This is a great,</span> <span class="cue" id="t-3197" data-t="3197">environment, like, the the panel room, the speech room. Looks amazing. Looks like you're in outer space. Yes. Yeah. I think,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3204">53:24</a><span class="cue-body"><b class="cue-who">Erin Redwing</b> <span class="cue" id="t-3204" data-t="3204">I I feel like Bitcoin, it kinda lacks some of the well, okay. You can be a carnivore. Right? Like, you can eat only steak. You can listen to 40 of podcast per week. Like, there's definitely a cultural aspect to Bitcoin.</span> <span class="cue" id="t-3216" data-t="3216">But I feel like in terms of visuals, you really only have,</span> <span class="cue" id="t-3220" data-t="3220">you only have orange to work with. You know? Like, you can Right. Have an orange hat. You can put the Bitcoin bee on it. But that's basically it. So it's kinda nice having a Bitcoin conference where we have so much art at our disposal because we can make shit look really cool. Yes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3234">53:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3234" data-t="3234">And one of the things we're talking about is it's really important, especially for the security of the protocol, that people start to find more creative ways to launder money. And what is the most,</span> <span class="cue" id="t-3246" data-t="3246">the most popular way to do it in the</span> <span class="cue" id="t-3248" data-t="3248">TradFi or in the legacy finance world is art. And</span> <span class="cue" id="t-3252" data-t="3252">why would that be the same on chain? Absolutely. You're so right. You're so right.</span> <span class="cue" id="t-3257" data-t="3257">But,</span> <span class="cue" id="t-3259" data-t="3259">what is</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3260">54:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3260" data-t="3260">what's going on the rest of this event?</span> <span class="cue" id="t-3263" data-t="3263">What should people be excited for who maybe they wanna come check this out because they didn't even know this event was going on until they saw this live stream. Yeah. So we have a happy hour and after party after this. Oh my god. It's yeah. It's 03:30.</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">Erin Redwing</b> <span class="cue" id="t-3275" data-t="3275">Yeah. It's 03:30PM</span> <span class="cue" id="t-3277" data-t="3277">right now. So we have about two and a half hours more programming,</span> <span class="cue" id="t-3281" data-t="3281">for the actual conference.</span> <span class="cue" id="t-3283" data-t="3283">And then we're staying here for just</span> <span class="cue" id="t-3285" data-t="3285">basically the whole night to party. So,</span> <span class="cue" id="t-3288" data-t="3288">I think it's like Pizza Ninjas, which is original collection, is sponsoring after party. So if you apply on Luma, like, whatever, DM me, I'll approve you.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3296">54:56</a><span class="cue-body"><b class="cue-who">Erin Redwing</b> <span class="cue" id="t-3296" data-t="3296">Yeah. We're partying here all night. I'm just happy because once</span> <span class="cue" id="t-3299" data-t="3299">today is done, then I'm done. Like, I'm just enjoying Vegas after that. Hell yeah. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3306">55:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3306" data-t="3306">So, yeah, if you are in town already, which it seems like a lot of people are,</span> <span class="cue" id="t-3311" data-t="3311">unless you work in the industry or you're a whale, there's nothing going on for you at the Venetian right now.</span> <span class="cue" id="t-3317" data-t="3317">But this is gonna be happening at the Luminarium,</span> <span class="cue" id="t-3320" data-t="3320">with,</span> <span class="cue" id="t-3321" data-t="3321">inscribing Atlantis. You can find out more information on X there. But you can come here and party all night with no TSA agents, no Republican politicians,</span> <span class="cue" id="t-3331" data-t="3331">just people who are they're not even talking about paper Bitcoin. They're building on Bitcoin. I don't even know what is paper bit MicroStrategy,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3338">55:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3338" data-t="3338">like, all the the stocks. Oh. Yeah. That's what they call. They call people talk about that. Exactly. We haven't heard a single discussion. Yeah. No. It's not like that at all. People are, they're into the art, weirdly. They are. Yeah. And there's more girls here per,</span> <span class="cue" id="t-3352" data-t="3352">per dude</span> <span class="cue" id="t-3353" data-t="3353">than anything I've seen at the Venetian store. What I tell you? What I tell you? Yeah. You did. You if you listen to our interview on on Google Weekly, she told us. You also called the the the great NGU</span> <span class="cue" id="t-3364" data-t="3364">of May due to the astrology and the stars, and you were right. We got all time high.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3370">56:10</a><span class="cue-body"><b class="cue-who">Erin Redwing</b> <span class="cue" id="t-3370" data-t="3370">It's pumping. Yeah. I I there's this, the late French astrologer Andre Barbot who passed away in 2019 right before COVID.</span> <span class="cue" id="t-3378" data-t="3378">His final interview that he gave, he talked about how,</span> <span class="cue" id="t-3382" data-t="3382">more astrologers</span> <span class="cue" id="t-3383" data-t="3383">need to be making bold predictions.</span> <span class="cue" id="t-3385" data-t="3385">Like, every astrologer, every practicing astrologer has an idea of what they think is gonna happen, but they don't like putting it out there because there's just like, you don't wanna be wrong, you don't wanna get embarrassed, you know. Like, it also makes you seem a little bit like</span> <span class="cue" id="t-3397" data-t="3397">the, like, billboards that are like Jesus is coming back on, like, 05/24/2025.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3403">56:43</a><span class="cue-body"><b class="cue-who">Erin Redwing</b> <span class="cue" id="t-3403" data-t="3403">You know? It's it's a bad look, but he really he he accurately he's a big astrologer in the sixties to eighties. He accurately predicted the fall of the Soviet Union to the month. He predict he predicted COVID to the month back in the eighties.</span> <span class="cue" id="t-3417" data-t="3417">Like, I think he predicted the fall of the Soviet Union. Didn't even know about viruses back then. Dude, like, he was like, oh, global pandemic. Like, we're gonna have a global pandemic in, like, beginning of twenty twenty. Like, he and so before he died, which he unfortunately didn't live to be able to actually see his prediction, he literally said, like, if you're an astrologer who's doing this kind of work, you need to be putting your predictions out there because the reason why I'm famous and acclaimed now is because I have the balls to do it. So that's what I'm trying to do. Yeah. We're I was just telling fundamentals, there's too many people who are afraid to be called retarded.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3447">57:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3447" data-t="3447">They they're they're so afraid of that word. They don't wanna be labeled retard, but you you have to take bold chances. Bitcoin podcasters have to make bold big predictions.</span> <span class="cue" id="t-3457" data-t="3457">Astrologers have to make bold big predictions because</span> <span class="cue" id="t-3462" data-t="3462">you could help you you could help somebody be and you could just go down in history as a legend if you're right. Yeah. You can't become highly regarded unless you're willing to be highly retarded. Exact exact. That should be a sticker. Yeah. Yeah. You guys should get on it. Come on. You got so highly regarded unless you're willing to be called retarded. Yeah.</span> <span class="cue" id="t-3480" data-t="3480">Yeah. A 100% true.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3482">58:02</a><span class="cue-body"><b class="cue-who">Erin Redwing</b> <span class="cue" id="t-3482" data-t="3482">So what is your schedule for the rest of the week like?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3485">58:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3485" data-t="3485">We are</span> <span class="cue" id="t-3487" data-t="3487">hitting we have our event tomorrow night at, the nerd on Fremont Street, satirize the system. Nice.</span> <span class="cue" id="t-3493" data-t="3493">We I you know, you've been invited or so we hope you can make I'll be there after my dinner. Yeah. Hell, yeah. Yeah.</span> <span class="cue" id="t-3499" data-t="3499">It could be midget wrestling, some good panels. It's gonna help go to help the samurai devs. Some other people who are actually were actually building on Bitcoin,</span> <span class="cue" id="t-3507" data-t="3507">before the feds got them.</span> <span class="cue" id="t-3509" data-t="3509">Yeah. We're we're just hitting different events. I think I'm going to the Taproot wizard party, which is kinda adjacent to this one. Okay. So you're really doing some investigative reporting this week. Got a ticket. I applied, you know, I yeah. To apply for a ticket, and I got approved right away. So, I'm excited to check that one out. I haven't I haven't seen any of the Taproot Wizards here yet. Are they coming? They, I think they might I hope not. No. None of them are listening to this. I No. You're right. Think they're afraid</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3534">58:54</a><span class="cue-body"><b class="cue-who">Erin Redwing</b> <span class="cue" id="t-3534" data-t="3534">of,</span> <span class="cue" id="t-3535" data-t="3535">so their floor price do you know how the Taproot Wizards Mint went? Like, are you familiar with Taproot Wizards floor at all?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3541">59:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3541" data-t="3541">I am familiar</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3543">59:03</a><span class="cue-body"><b class="cue-who">Erin Redwing</b> <span class="cue" id="t-3543" data-t="3543">with all of the criticism, but not From the Bitcoin details. Like, from the Bitcoin Maxi side? Or Yeah. Well, also some of the people who bought Taproot Wizards don't seem super happy about it. Minted Taproot Wizards for 0.2 BTC each. So you just put 0.2 BTC for a Taproot Wizard. They minted during eclipse season, which I specifically warned them not to do. They did not listen. So they minted during eclipse season, they minted for 0.2 BTC. Obviously, because it's Bitcoin, you can never know who is actually buying anything. Right? It's sort of pseudonymous. So you can Right. You can make,</span> <span class="cue" id="t-3577" data-t="3577">noticers may notice connections between wallets, but of course, you can never prove anything.</span> <span class="cue" id="t-3582" data-t="3582">Collection mince out. It has not gone back to its floor price since then. Wow. So it's a very Everything's making big all time highs again except</span></span></p> +