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Transcript: The Future is Wrapped | Bugle Weekly Episode 44
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diff --git a/wiki/transcripts/the-future-is-wrapped-bugle-weekly-episode-44.md b/wiki/transcripts/the-future-is-wrapped-bugle-weekly-episode-44.md new file mode 100644 index 00000000..4019515d @@ -0,0 +1,575 @@ +--- +title: "Transcript: The Future is Wrapped | Bugle Weekly Episode 44" +type: transcript +episode: the-future-is-wrapped-bugle-weekly-episode-44 +generated: true +date: 2025-01-27 +audio: "https://feeds.fountain.fm/R8scBF2Wiykm0YVldsHQ/items/XBPsfOqwDsgRp24g0O2y/files/AUDIO---DEFAULT---013700af-93bd-48ad-8a61-fc6898141294.mp3" +duration: "1:13:30" +sources: + - raw/episodes/the-future-is-wrapped-bugle-weekly-episode-44/bundle.json +--- + +<p class="cue-p"><a class="cue-t" href="#t-13">0:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-13" data-t="13">You are traveling to another dimension.</span> <span class="cue" id="t-17" data-t="17">A dimension not only of sight and sound,</span> <span class="cue" id="t-20" data-t="20">but of mind.</span> <span class="cue" id="t-21" data-t="21">A journey into a wondrous land whose boundaries are dependent on how many cigarettes you smoke.</span> <span class="cue" id="t-28" data-t="28">Your next stop,</span> <span class="cue" id="t-30" data-t="30">the Bugle Goose.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-35">0:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-35" data-t="35">Last week, President Trump announced that he would be abolishing social security</span> <span class="cue" id="t-39" data-t="39">by replacing that Ponzi scheme with another.</span> <span class="cue" id="t-42" data-t="42">In two executive orders, he issued all United States citizens their own Solana blockchain meme coin, and the other he ordered the Department of the Treasury to begin redirecting payments</span> <span class="cue" id="t-53" data-t="53">that were going towards social security</span> <span class="cue" id="t-55" data-t="55">to begin purchasing the meme coins to boost their value.</span> <span class="cue" id="t-59" data-t="59">Americans Retirement Monday is now being held on the Solana blockchain,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-63">1:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-63" data-t="63">and your retirement fund is now directly correlated to your ability to propagate memes.</span> <span class="cue" id="t-68" data-t="68">By introducing the president to bitcoin, David Bailey has unleashed the shitcoin kraken upon humanity.</span> <span class="cue" id="t-75" data-t="75">Already, Plattator and Dick Whitman are plotting on how to correct humanity's course. But in a world without Gary Gensler at the helm of the SEC, what power do they really have?</span> <span class="cue" id="t-85" data-t="85">Dennis Porter seems to appear lost in the weeds at such an anti bitcoin only development.</span> <span class="cue" id="t-90" data-t="90">He is hastily making a tactical retreat from Washington DC back towards state capital buildings to begin introducing</span> <span class="cue" id="t-97" data-t="97">more bitcoin strategic reserve bills.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-99">1:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-99" data-t="99">Is our hope of having a Bitcoin only world at jeopardy.</span> <span class="cue" id="t-103" data-t="103">Luke Dash Junior is currently working on a constitutional amendment in order to filter shit coining out of the government.</span> <span class="cue" id="t-109" data-t="109">But like his attempts to filter ordinals, he will likely get little backing from the larger community as a whole.</span> <span class="cue" id="t-116" data-t="116">Many are wondering if voting harder really made a difference this time.</span> <span class="cue" id="t-119" data-t="119">In the coming weeks, a lot has yet to be revealed.</span> <span class="cue" id="t-122" data-t="122">Will Bitcoin pump despite all the shitcoining?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-125">2:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-125" data-t="125">Which shitcoins will be held in the strategic stockpile?</span> <span class="cue" id="t-128" data-t="128">Will Bitcoin be regulated like firearms</span> <span class="cue" id="t-131" data-t="131">and protected under the second amendment like Jason Lowry foretold?</span> <span class="cue" id="t-135" data-t="135">All we have is questions</span> <span class="cue" id="t-137" data-t="137">waiting impatiently for answers.</span> <span class="cue" id="t-139" data-t="139">Will David Bailey be redeemed</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-142">2:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-142" data-t="142">or will we descend into darkness?</span> <span class="cue" id="t-144" data-t="144">You are listening to the Bugle Weekly,</span> <span class="cue" id="t-146" data-t="146">the most thermodynamically</span> <span class="cue" id="t-148" data-t="148">sound podcast in the world.</span> <span class="cue" id="t-150" data-t="150">Buckle up because you are entering the Bugleverse.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-155">2:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-155" data-t="155">Welcome</span> <span class="cue" id="t-156" data-t="156">back to the Bugle. I'm Rod Palmer</span> <span class="cue" id="t-159" data-t="159">here with Richard Grieser</span> <span class="cue" id="t-161" data-t="161">bringing you the news, bringing you the journalism, bringing you the signal for the week. And what a week it has been.</span> <span class="cue" id="t-170" data-t="170">How are you doing, Richard? How how how how'd you handle the first week</span> <span class="cue" id="t-175" data-t="175">of</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-176">2:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-176" data-t="176">the first Bitcoin presidency? Well, it was pretty</span> <span class="cue" id="t-179" data-t="179">interesting.</span> <span class="cue" id="t-181" data-t="181">I</span> <span class="cue" id="t-183" data-t="183">I don't think we could really draw any conclusions on anything yet.</span> <span class="cue" id="t-188" data-t="188">I think everything's still up in the air,</span> <span class="cue" id="t-191" data-t="191">and</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">Richard Greaser</b> <span class="cue" id="t-192" data-t="192">people are being pretty reactive.</span> <span class="cue" id="t-195" data-t="195">But</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-197">3:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-197" data-t="197">Yeah. Yeah. I agree with that. I mean,</span> <span class="cue" id="t-201" data-t="201">we were promised</span> <span class="cue" id="t-202" data-t="202">day one</span> <span class="cue" id="t-204" data-t="204">for Ross Ulbricht to be free, but it actually took two days.</span> <span class="cue" id="t-207" data-t="207">So</span> <span class="cue" id="t-208" data-t="208">you're Donald Trump already started off on the wrong foot by lying to us about Ross Ulbricht,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-215">3:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-215" data-t="215">But</span> <span class="cue" id="t-216" data-t="216">they did get it done and it was a big eventful</span> <span class="cue" id="t-219" data-t="219">first week at least for headlines. I mean if you saw the headlines it was HR departments,</span> <span class="cue" id="t-224" data-t="224">DEI people in the CIA,</span> <span class="cue" id="t-227" data-t="227">The CIA,</span> <span class="cue" id="t-229" data-t="229">announcing that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-230">3:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-230" data-t="230">they believe the lab leak theory instead of Joe Biden's theory about, a bat having sex with a person.</span> <span class="cue" id="t-237" data-t="237">And a lot of people were very</span> <span class="cue" id="t-240" data-t="240">very on nerve the first few days, especially because it like I said, because it took Ross twice, and they were showing their</span> <span class="cue" id="t-246" data-t="246">and I think it was showing their high time preference because it was it's a very active week. But it's</span> <span class="cue" id="t-252" data-t="252">we were promised a strategic Bitcoin reserve on day one. We're going on week one. We don't have it. In fact, it's been renamed</span> <span class="cue" id="t-260" data-t="260">to the digital assets</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-261">4:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-261" data-t="261">strategic reserve or, you know, Trump's buying wrapped Bitcoin. Let's talk about Ripple and crypto being in this thing. What's</span> <span class="cue" id="t-269" data-t="269">you said it's it's too early to make any conclusions, but it all it's not too early to be concerned. Well,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-276">4:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-276" data-t="276">I think Bitcoin maximalist</span> <span class="cue" id="t-278" data-t="278">should not have been blindsided</span> <span class="cue" id="t-280" data-t="280">by the fact that Donald Trump was a shitcoiner,</span> <span class="cue" id="t-283" data-t="283">first and foremost.</span> <span class="cue" id="t-285" data-t="285">I think it's really interesting the language that was used in that executive order. So it wasn't</span> <span class="cue" id="t-293" data-t="293">a reserve. They used</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-295">4:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-295" data-t="295">the term stockpile.</span> <span class="cue" id="t-298" data-t="298">Kinda leads me to believe that instead</span> <span class="cue" id="t-302" data-t="302">of classifying Bitcoin</span> <span class="cue" id="t-304" data-t="304">as a First Amendment protected right,</span> <span class="cue" id="t-307" data-t="307">they're gonna classify it as a second amendment</span> <span class="cue" id="t-310" data-t="310">protected right,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-312">5:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-312" data-t="312">and they're gonna lean into Jason Lowry's</span> <span class="cue" id="t-316" data-t="316">soft forward theory, essentially. Interesting.</span> <span class="cue" id="t-318" data-t="318">Bitcoin</span> <span class="cue" id="t-319" data-t="319">and</span> <span class="cue" id="t-321" data-t="321">all coins</span> <span class="cue" id="t-322" data-t="322">or munitions of sorts.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-325">5:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-325" data-t="325">What do you think</span> <span class="cue" id="t-327" data-t="327">the</span> <span class="cue" id="t-328" data-t="328">the the second order effects</span> <span class="cue" id="t-330" data-t="330">of this type of classification</span> <span class="cue" id="t-333" data-t="333">has on</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-336">5:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-336" data-t="336">on on Bitcoin? Well, I think the conversation will shift</span> <span class="cue" id="t-341" data-t="341">to Elizabeth Warren</span> <span class="cue" id="t-344" data-t="344">trying to promote</span> <span class="cue" id="t-347" data-t="347">red flag Bitcoin laws,</span> <span class="cue" id="t-349" data-t="349">essentially.</span> <span class="cue" id="t-352" data-t="352">So allowing the government to go in and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-355">5:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-355" data-t="355">seize</span> <span class="cue" id="t-356" data-t="356">your Bitcoin</span> <span class="cue" id="t-357" data-t="357">or your altcoins</span> <span class="cue" id="t-360" data-t="360">through force. They'll go take your hardware wallets</span> <span class="cue" id="t-364" data-t="364">from you in person if they deem you non compliant.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-369">6:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-369" data-t="369">What if they</span> <span class="cue" id="t-371" data-t="371">what if they think that you're listening to too many hours of Bitcoin podcasts</span> <span class="cue" id="t-376" data-t="376">or too many hours of</span> <span class="cue" id="t-380" data-t="380">right wing libertarian</span> <span class="cue" id="t-382" data-t="382">militia podcasts?</span> <span class="cue" id="t-384" data-t="384">Do you think that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-385">6:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-385" data-t="385">they might use as an excuse</span> <span class="cue" id="t-388" data-t="388">to take away your right to</span> <span class="cue" id="t-391" data-t="391">to have non KYC cold storage hardware wallets? If</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-396">6:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-396" data-t="396">if there's</span> <span class="cue" id="t-397" data-t="397">a possibility</span> <span class="cue" id="t-398" data-t="398">for them to be able to do it, I think they'll try to exploit it.</span> <span class="cue" id="t-402" data-t="402">And</span> <span class="cue" id="t-403" data-t="403">people just have to come at things from an adversarial</span> <span class="cue" id="t-407" data-t="407">mindset</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-408">6:48</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-408" data-t="408">of always being willing</span> <span class="cue" id="t-411" data-t="411">and able to take the noncompliant</span> <span class="cue" id="t-413" data-t="413">path</span> <span class="cue" id="t-415" data-t="415">because</span> <span class="cue" id="t-416" data-t="416">we know these people don't really care.</span> <span class="cue" id="t-419" data-t="419">You know, they've been enforcing smokey bans</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-422">7:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-422" data-t="422">for decades now. They've been</span> <span class="cue" id="t-425" data-t="425">trying to restrict their freedoms</span> <span class="cue" id="t-428" data-t="428">gradually</span> <span class="cue" id="t-430" data-t="430">and slowly over time, but consistently.</span> <span class="cue" id="t-433" data-t="433">And that trend's not gonna stop</span> <span class="cue" id="t-435" data-t="435">just because the price of Bitcoin goes up. Right? They're going to want a KYC. Like, you know, one of the reasons</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-442">7:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-442" data-t="442">I think they like digital currencies in general</span> <span class="cue" id="t-445" data-t="445">is because they like the idea of trying to eliminate</span> <span class="cue" id="t-449" data-t="449">the ability to do any non KYC</span> <span class="cue" id="t-452" data-t="452">transactions.</span> <span class="cue" id="t-453" data-t="453">Like, they want you when you're going to your local cigarette dealer.</span> <span class="cue" id="t-458" data-t="458">Instead of doing, like, a cash or Bitcoin</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-461">7:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-461" data-t="461">transaction</span> <span class="cue" id="t-462" data-t="462">with a with a noncustodial</span> <span class="cue" id="t-464" data-t="464">wallet,</span> <span class="cue" id="t-465" data-t="465">they</span> <span class="cue" id="t-466" data-t="466">want you using Tether</span> <span class="cue" id="t-468" data-t="468">through PayPal</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-469">7:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-469" data-t="469">or, you know, whatever their, you know, controlled exchange</span> <span class="cue" id="t-473" data-t="473">is.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-477">7:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-477" data-t="477">Well, we won. Thanks to the proof of work put in by maximalists and podcasters,</span> <span class="cue" id="t-483" data-t="483">everyday people now understand the difference between Bitcoin and crypto.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-487">8:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-487" data-t="487">But now, some Americans are surrendering to their worst impulses.</span> <span class="cue" id="t-491" data-t="491">They want to eradicate the shitcoiners who can't afford their taxes.</span> <span class="cue" id="t-495" data-t="495">They support policies that would break up families and disrupt communities for the sake of retribution against their fellow human beings</span> <span class="cue" id="t-501" data-t="501">just because those people didn't listen to enough Bitcoin podcasts.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-505">8:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-505" data-t="505">The proponents of this high time preference policy don't have an answer to one very simple yet critical question.</span> <span class="cue" id="t-511" data-t="511">If we expel all the shitcoiners,</span> <span class="cue" id="t-514" data-t="514">who will wrap our Bitcoin?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-515">8:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-515" data-t="515">President Trump and his cabinet of wise Bitcoin podcasters</span> <span class="cue" id="t-520" data-t="520">are building the digital infrastructure of the future by acquiring a stockpile of wrapped Bitcoin across all the most popular blockchains.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-527">8:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-527" data-t="527">This policy will create countless new jobs,</span> <span class="cue" id="t-530" data-t="530">jobs that people who can afford taxes do not wanna do. Even if I wasn't a conscientious</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-535">8:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-535" data-t="535">crypto objector and allowed shitcoin</span> <span class="cue" id="t-538" data-t="538">nodes into my home,</span> <span class="cue" id="t-541" data-t="541">You couldn't pay me enough to wrap Bitcoin,</span> <span class="cue" id="t-545" data-t="545">not even for president Trump.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-547">9:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-547" data-t="547">But someone has to wrap America's Bitcoin.</span> <span class="cue" id="t-551" data-t="551">We need a pathway for shit who are willing to do the dirty work of diversifying the network interoperability of America's Bitcoin reserves to become taxpayers.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-560">9:20</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-560" data-t="560">Join our cause. Let the Bitcoin community know where you stand. Tell your fellow Americans there is a compassionate solution to the Shitcoiner problem that benefits everyone who strives to be able to afford taxes.</span> <span class="cue" id="t-574" data-t="574">Visit wrapyourcorn.org</span> <span class="cue" id="t-576" data-t="576">to learn more and find out how you can help everyone be able to afford taxes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-585">9:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-585" data-t="585">Right. Because we're using Bitcoin to make the dollar stronger,</span> <span class="cue" id="t-589" data-t="589">not the other way around.</span> <span class="cue" id="t-591" data-t="591">So anything where you or the using,</span> <span class="cue" id="t-595" data-t="595">Bitcoin, selling Bitcoin, using it as a medium exchange</span> <span class="cue" id="t-600" data-t="600">or a sovereign, you know,</span> <span class="cue" id="t-602" data-t="602">transaction,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-604">10:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-604" data-t="604">that would be bad for the price of Bitcoin,</span> <span class="cue" id="t-608" data-t="608">which would be bad for the dollar, but</span> <span class="cue" id="t-611" data-t="611">as long as everybody's just saving Bitcoin cold storage or on ETFs,</span> <span class="cue" id="t-617" data-t="617">and using Tether,</span> <span class="cue" id="t-618" data-t="618">that benefits</span> <span class="cue" id="t-620" data-t="620">society. Well,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-622">10:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-622" data-t="622">I don't think it society. I</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-624">10:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-624" data-t="624">I don't think it benefits the fiat society at all. I think what they</span> <span class="cue" id="t-629" data-t="629">essentially see Bitcoin as</span> <span class="cue" id="t-631" data-t="631">is a it's a vehicle</span> <span class="cue" id="t-633" data-t="633">to make the population</span> <span class="cue" id="t-635" data-t="635">solvent so they can afford to pay their taxes.</span> <span class="cue" id="t-639" data-t="639">Right?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-640">10:40</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-640" data-t="640">It's not it's not a vehicle to empower</span> <span class="cue" id="t-643" data-t="643">individuals.</span> <span class="cue" id="t-644" data-t="644">They they want the tax process to become as</span> <span class="cue" id="t-648" data-t="648">automated</span> <span class="cue" id="t-649" data-t="649">and simple as possible. So they wanna be able to skim your Tethr transactions</span> <span class="cue" id="t-655" data-t="655">automatically</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-656">10:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-656" data-t="656">instead of having 80,000</span> <span class="cue" id="t-659" data-t="659">IRS agents</span> <span class="cue" id="t-661" data-t="661">manually</span> <span class="cue" id="t-662" data-t="662">having to look over your tax returns.</span> <span class="cue" id="t-664" data-t="664">Like, they they fire I think the Trump administration</span> <span class="cue" id="t-668" data-t="668">is firing all these IRS agents</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">because they're</span> <span class="cue" id="t-672" data-t="672">just replacing them with AI.</span> <span class="cue" id="t-675" data-t="675">Like, they're gonna have Sam Altman</span> <span class="cue" id="t-677" data-t="677">doing your taxes</span> <span class="cue" id="t-678" data-t="678">instead of,</span> <span class="cue" id="t-680" data-t="680">you know, whatever loser</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-682">11:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-682" data-t="682">that they had before.</span> <span class="cue" id="t-684" data-t="684">And Right. And so there's a real question that I think every Bitcoiner,</span> <span class="cue" id="t-688" data-t="688">an individual in general,</span> <span class="cue" id="t-690" data-t="690">has to ask themselves is what's their main purpose in life?</span> <span class="cue" id="t-695" data-t="695">Is there a purpose to pay taxes</span> <span class="cue" id="t-697" data-t="697">or is there a purpose to smoke cigarettes? That's really important. And</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-702">11:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-702" data-t="702">but, you know,</span> <span class="cue" id="t-703" data-t="703">back to this, the stockpile conversation,</span> <span class="cue" id="t-706" data-t="706">a lot of people are very very very upset.</span> <span class="cue" id="t-709" data-t="709">They're blaming Michael Saylor. They think that maybe Michael Saylor</span> <span class="cue" id="t-714" data-t="714">has switched to the crypto digital asset side.</span> <span class="cue" id="t-718" data-t="718">But there's there's talk about all of these additional</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-722">12:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-722" data-t="722">non Bitcoin</span> <span class="cue" id="t-723" data-t="723">assets</span> <span class="cue" id="t-724" data-t="724">going into the reserve. And one of the big ones, and they've already got what they wanted,</span> <span class="cue" id="t-730" data-t="730">is Ripple. Ripple has been in the conversation. It had been the topic of discussion</span> <span class="cue" id="t-735" data-t="735">viral on Twitter the past couple of days.</span> <span class="cue" id="t-738" data-t="738">Everybody's mad about them,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-740">12:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-740" data-t="740">but</span> <span class="cue" id="t-741" data-t="741">look at their playbook.</span> <span class="cue" id="t-742" data-t="742">They what they do is they want to get a press release.</span> <span class="cue" id="t-746" data-t="746">They they go to a bank,</span> <span class="cue" id="t-748" data-t="748">they go to</span> <span class="cue" id="t-749" data-t="749">a major financial institution and they get a press release with their logo on</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-754">12:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-754" data-t="754">it that says that the two are partnering on a pilot program to test</span> <span class="cue" id="t-759" data-t="759">XRP as a bridge currency for remittance payments, etcetera.</span> <span class="cue" id="t-763" data-t="763">And</span> <span class="cue" id="t-765" data-t="765">what really happens is nothing that those are just they're just paying for those press releases that nothing ever happens nobody's using it but it allows them to pump the price</span> <span class="cue" id="t-775" data-t="775">and dump on retail.</span> <span class="cue" id="t-778" data-t="778">So what all the top crypto companies are doing, they're lining up in Washington</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">Rod Palmer</b> <span class="cue" id="t-783" data-t="783">and they are</span> <span class="cue" id="t-785" data-t="785">promising millions, tens of millions, support loyalty to Donald Trump if he puts them in a press release</span> <span class="cue" id="t-793" data-t="793">being considered for the strategic</span> <span class="cue" id="t-795" data-t="795">digital asset stockpile.</span> <span class="cue" id="t-797" data-t="797">So Ripple was the first one to go. Salon is getting out there. I think Aptos is another one. They're all going to</span> <span class="cue" id="t-804" data-t="804">get a picture taken</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-805">13:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-805" data-t="805">with the the vice president or the cryptos are and say that they are looking forward to being in the the digital asset stockpile. And that press release and that fake partnership with their logo on it will send the price up.</span> <span class="cue" id="t-819" data-t="819">So we just gotta get through that.</span> <span class="cue" id="t-822" data-t="822">And then</span> <span class="cue" id="t-824" data-t="824">once</span> <span class="cue" id="t-825" data-t="825">all the crypto once every single crypto company, there's only a couple 100,000 of them. Each week, they will get their press release. And once that is over,</span> <span class="cue" id="t-835" data-t="835">Donald Trump can announce the strategic</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-838">13:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-838" data-t="838">Bitcoin reserve for what it really is. Maybe. I just</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-841">14:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-841" data-t="841">I think the Bitcoin maximalists</span> <span class="cue" id="t-844" data-t="844">have made some pretty serious tactical mistakes</span> <span class="cue" id="t-847" data-t="847">over the last few years.</span> <span class="cue" id="t-849" data-t="849">And I think one of the primary ones</span> <span class="cue" id="t-852" data-t="852">is their inability</span> <span class="cue" id="t-853" data-t="853">to accept</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-855">14:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-855" data-t="855">meme coins</span> <span class="cue" id="t-856" data-t="856">and ordinals.</span> <span class="cue" id="t-857" data-t="857">Yes.</span> <span class="cue" id="t-858" data-t="858">There's not</span> <span class="cue" id="t-860" data-t="860">any real value to them.</span> <span class="cue" id="t-862" data-t="862">But what we're seeing right now is that all these individuals that had pre mined coins</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-869">14:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-869" data-t="869">have massive</span> <span class="cue" id="t-870" data-t="870">political lobbying power.</span> <span class="cue" id="t-873" data-t="873">If you look at the difference between</span> <span class="cue" id="t-875" data-t="875">the funding that Satoshi</span> <span class="cue" id="t-878" data-t="878">Action has received</span> <span class="cue" id="t-880" data-t="880">versus the funding that Ripple Labs has,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-884">14:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-884" data-t="884">it's night and day different.</span> <span class="cue" id="t-886" data-t="886">Like, sure, Ripple doesn't have Dennis Porter. The only reason why Satoshi Action is relevant</span> <span class="cue" id="t-893" data-t="893">is because Dennis Porter</span> <span class="cue" id="t-894" data-t="894">is a superhuman. He's like a demigod</span> <span class="cue" id="t-897" data-t="897">or</span> <span class="cue" id="t-899" data-t="899">maybe the second coming of Jesus.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-902">15:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-902" data-t="902">But The second coming of Bitcoin Jesus.</span> <span class="cue" id="t-905" data-t="905">The first one's going to prison</span> <span class="cue" id="t-907" data-t="907">for the rest of its life, but we're gonna need another Bitcoin Jesus and Dennis Porter could be that person. I mean, you look at the position</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-914">15:14</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-914" data-t="914">that Roger</span> <span class="cue" id="t-916" data-t="916">Ver is in versus</span> <span class="cue" id="t-918" data-t="918">all these Bitcoin maximalists.</span> <span class="cue" id="t-920" data-t="920">So</span> <span class="cue" id="t-922" data-t="922">he ended up him and all the people</span> <span class="cue" id="t-925" data-t="925">behind Bitcoin Cash</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-928">15:28</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-928" data-t="928">We're able to make a tremendous amount of value</span> <span class="cue" id="t-931" data-t="931">out of nothing by just forking Bitcoin.</span> <span class="cue" id="t-934" data-t="934">And I think that's the only time anybody will ever be success</span> <span class="cue" id="t-939" data-t="939">successful,</span> <span class="cue" id="t-941" data-t="941">at that. I think that's the only time in history</span> <span class="cue" id="t-944" data-t="944">that will happen where you could just fork Bitcoin</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-947">15:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-947" data-t="947">and end up with millions and millions of dollars</span> <span class="cue" id="t-950" data-t="950">out of doing nothing</span> <span class="cue" id="t-952" data-t="952">and have your original Bitcoin and your forked Bitcoin, which you can just dump. He</span> <span class="cue" id="t-958" data-t="958">has money to fund a serious legal defense.</span> <span class="cue" id="t-962" data-t="962">He can make it really expensive for the government. He's running</span> <span class="cue" id="t-965" data-t="965">marketing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-968">16:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-968" data-t="968">endeavors right now trying to get people's attention. He's getting responses</span> <span class="cue" id="t-973" data-t="973">from Elon Musk even though though they're not very positive. He's garnering a lot of attention that a lot of normal people can't do because they didn't embrace</span> <span class="cue" id="t-982" data-t="982">the shitcoins. And, you know, if you're gonna try and play in the system, you have to understand the system. Right? The system</span> <span class="cue" id="t-989" data-t="989">is funded by shitcoins, and it's funded by meme coins. So if you wanna play in the system, you have to be a shitcoiner</span> <span class="cue" id="t-995" data-t="995">in a meme coin, or you or else you're just completely disadvantaged. Like, what are you gonna do?</span> <span class="cue" id="t-1001" data-t="1001">Like, try try to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1003">16:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1003" data-t="1003">Right. This is</span> <span class="cue" id="t-1005" data-t="1005">this is why</span> <span class="cue" id="t-1008" data-t="1008">the new system we're building on Bitcoin, the hyperbitcoinization,</span> <span class="cue" id="t-1013" data-t="1013">a lot of people thought it would solve all the problems,</span> <span class="cue" id="t-1017" data-t="1017">but it has not yet. And we're going Bitcoin has already won, but we haven't</span> <span class="cue" id="t-1022" data-t="1022">fixed the world yet.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1025">17:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1025" data-t="1025">And so what shitcoins</span> <span class="cue" id="t-1027" data-t="1027">are,</span> <span class="cue" id="t-1028" data-t="1028">it's the it's the ditty party</span> <span class="cue" id="t-1031" data-t="1031">of the new</span> <span class="cue" id="t-1033" data-t="1033">system.</span> <span class="cue" id="t-1034" data-t="1034">The old system you'd have to go if you wanted to play the game, if you wanted to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1041">17:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1041" data-t="1041">extract</span> <span class="cue" id="t-1042" data-t="1042">extra value from people</span> <span class="cue" id="t-1044" data-t="1044">and have power and control, you had to go to the ditty parties, you had to go to Evanston Island.</span> <span class="cue" id="t-1049" data-t="1049">Now you have to be in the group chats</span> <span class="cue" id="t-1053" data-t="1053">of the people who are launching the next big meme coin. I mean, if you want to buy Trump coin,</span> <span class="cue" id="t-1059" data-t="1059">it goes to 50,000,000,000 in one day.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1062">17:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1062" data-t="1062">Well, you're not gonna benefit from that unless you are really good friends with Donald Trump and his sons</span> <span class="cue" id="t-1069" data-t="1069">and,</span> <span class="cue" id="t-1071" data-t="1071">you know, Martin Shkreli</span> <span class="cue" id="t-1073" data-t="1073">and Buti and, like, you're gonna get, you know, the information to buy those meme coins early. And you have to go to those parties and you have to traffic in adolescent meme coins. So you have a choice. Do you want to go to Sailor's hundred k yacht party? Do you want to go to the Crypto Ball and meet Snoop Dogg and Cynthia Lamas?</span> <span class="cue" id="t-1094" data-t="1094">Well,</span> <span class="cue" id="t-1095" data-t="1095">you might have to go to a crypto ditty party. And is that something you're willing to do or would you rather just stack sats</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1102">18:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1102" data-t="1102">and and run your bid acts at home</span> <span class="cue" id="t-1105" data-t="1105">and hope that</span> <span class="cue" id="t-1107" data-t="1107">that you</span> <span class="cue" id="t-1109" data-t="1109">can amass enough Sats that they you have they it's too expensive. They have to leave you alone. Yeah. I think you had told me this</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1118">18:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1118" data-t="1118">when we were messaging earlier</span> <span class="cue" id="t-1120" data-t="1120">that the Discord pump and some</span> <span class="cue" id="t-1123" data-t="1123">channels,</span> <span class="cue" id="t-1124" data-t="1124">those</span> <span class="cue" id="t-1126" data-t="1126">are the ditty parties of crypto</span> <span class="cue" id="t-1128" data-t="1128">right now</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1129">18:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1129" data-t="1129">where Right. Right. Yeah. That's what we need.</span> <span class="cue" id="t-1132" data-t="1132">Yeah. And</span> <span class="cue" id="t-1133" data-t="1133">that's</span> <span class="cue" id="t-1134" data-t="1134">where</span> <span class="cue" id="t-1136" data-t="1136">the the future cantillionaires</span> <span class="cue" id="t-1139" data-t="1139">or the people in those group chats, in those Discord servers, at those crypto ditty parties.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1145">19:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1145" data-t="1145">So they'd be closest</span> <span class="cue" id="t-1147" data-t="1147">to</span> <span class="cue" id="t-1149" data-t="1149">the meme coin that you get to pump and</span> <span class="cue" id="t-1152" data-t="1152">just make unlimited amounts almost</span> <span class="cue" id="t-1155" data-t="1155">of USDT Tether</span> <span class="cue" id="t-1157" data-t="1157">that you can</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1159">19:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1159" data-t="1159">that you can</span> <span class="cue" id="t-1160" data-t="1160">DCA back into Bitcoin for your savings. It comes from these Dity Party group chats. Yeah. I think that's a pretty fair conclusion.</span> <span class="cue" id="t-1168" data-t="1168">100%. But, like, how like, what like, how do you you know,</span> <span class="cue" id="t-1171" data-t="1171">you might not even know</span> <span class="cue" id="t-1173" data-t="1173">that you're connected</span> <span class="cue" id="t-1175" data-t="1175">to one of these Dity Party crypto Dity Party group chats,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1178">19:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1178" data-t="1178">But what</span> <span class="cue" id="t-1180" data-t="1180">and maybe some of your friends are in there, like, what do you</span> <span class="cue" id="t-1183" data-t="1183">how do you avoid those? What is what are the signs that you stay away from that, or how do you get out of that? Well, I think it's just embracing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1191">19:51</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1191" data-t="1191">this ethos</span> <span class="cue" id="t-1193" data-t="1193">that makes Bitcoin attractive,</span> <span class="cue" id="t-1195" data-t="1195">which is actually in the system entirely</span> <span class="cue" id="t-1198" data-t="1198">in building a parallel one. But that might be a little bit too radical</span> <span class="cue" id="t-1202" data-t="1202">because</span> <span class="cue" id="t-1204" data-t="1204">I mean, we we have differing theories on things than Podkoff.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1208">20:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1208" data-t="1208">Right? And Podkoff drives the majority of the narrative that people are talking about.</span> <span class="cue" id="t-1214" data-t="1214">They control</span> <span class="cue" id="t-1216" data-t="1216">the the Twitter narratives. They control</span> <span class="cue" id="t-1219" data-t="1219">a lot of the podcast narratives.</span> <span class="cue" id="t-1222" data-t="1222">Their sponsors</span> <span class="cue" id="t-1223" data-t="1223">have a ton of influence in the community.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1227">20:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1227" data-t="1227">And they believe that compliance leads to NGU.</span> <span class="cue" id="t-1231" data-t="1231">Like, that's their their core message</span> <span class="cue" id="t-1234" data-t="1234">that they're trying to present to people.</span> <span class="cue" id="t-1236" data-t="1236">And that doesn't resonate with a lot of people that</span> <span class="cue" id="t-1240" data-t="1240">have read about the Cypher Punks,</span> <span class="cue" id="t-1242" data-t="1242">have listened to podcasts about the Cypher Punks,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1245">20:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1245" data-t="1245">and</span> <span class="cue" id="t-1247" data-t="1247">are attracted to this idea of anonymity</span> <span class="cue" id="t-1251" data-t="1251">and self reliance</span> <span class="cue" id="t-1253" data-t="1253">in a digital age.</span> <span class="cue" id="t-1255" data-t="1255">And I think</span> <span class="cue" id="t-1257" data-t="1257">the path</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1259">20:59</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1259" data-t="1259">and the alternative</span> <span class="cue" id="t-1260" data-t="1260">is to start a Bitcoin podcast</span> <span class="cue" id="t-1263" data-t="1263">and to be funded</span> <span class="cue" id="t-1265" data-t="1265">by the value for value community. Because I think we we both want Bitcoin to go up,</span> <span class="cue" id="t-1271" data-t="1271">but</span> <span class="cue" id="t-1272" data-t="1272">I think many of us see</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1275">21:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1275" data-t="1275">the downsides. We see the trade offs</span> <span class="cue" id="t-1277" data-t="1277">of what happens</span> <span class="cue" id="t-1279" data-t="1279">when Bitcoin only goes up because of compliance.</span> <span class="cue" id="t-1283" data-t="1283">Like, why why is Ross such a big deal? Why is Ross being freed</span> <span class="cue" id="t-1289" data-t="1289">a great event?</span> <span class="cue" id="t-1291" data-t="1291">It's because he gave Bitcoin</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1293">21:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1293" data-t="1293">a noncompliant use case,</span> <span class="cue" id="t-1295" data-t="1295">right,</span> <span class="cue" id="t-1296" data-t="1296">which led to the price of Bitcoin</span> <span class="cue" id="t-1299" data-t="1299">inevitably going up. Many people were onboarded</span> <span class="cue" id="t-1302" data-t="1302">to be</span> <span class="cue" id="t-1303" data-t="1303">to listening to Bitcoin podcast</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1306">21:46</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1306" data-t="1306">because of the Silk Road. Many Silk Road users so this is a good example. So so</span> <span class="cue" id="t-1313" data-t="1313">Peter McCormick,</span> <span class="cue" id="t-1314" data-t="1314">previously the world's biggest Bitcoin podcaster, was all boarded to Bitcoin because of the Silk Road. And I think the answer is more Bitcoin podcasts.</span> <span class="cue" id="t-1323" data-t="1323">And</span> <span class="cue" id="t-1325" data-t="1325">a lot of a lot of Bitcoin podcasts</span> <span class="cue" id="t-1329" data-t="1329">and podcasters,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1330">22:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1330" data-t="1330">they get interested in Bitcoin not because they're looking for a new way to comply.</span> <span class="cue" id="t-1334" data-t="1334">People already have plenty of ways to comply.</span> <span class="cue" id="t-1337" data-t="1337">We don't need compliance innovation,</span> <span class="cue" id="t-1340" data-t="1340">in my opinion.</span> <span class="cue" id="t-1341" data-t="1341">We need noncompliance</span> <span class="cue" id="t-1343" data-t="1343">innovation.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1344">22:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1344" data-t="1344">We need to find</span> <span class="cue" id="t-1346" data-t="1346">sneaky roundabout ways</span> <span class="cue" id="t-1348" data-t="1348">to buy cigarettes,</span> <span class="cue" id="t-1349" data-t="1349">to bypass bans, to bypass taxes, to bypass</span> <span class="cue" id="t-1353" data-t="1353">all of these</span> <span class="cue" id="t-1354" data-t="1354">mediums which</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1356">22:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1356" data-t="1356">attack an individual's individuality</span> <span class="cue" id="t-1361" data-t="1361">and freedom of expression.</span> <span class="cue" id="t-1363" data-t="1363">We need to tear those down,</span> <span class="cue" id="t-1365" data-t="1365">but not just eliminate them and and replace it with something worse. But But we have to build something better in the process,</span> <span class="cue" id="t-1373" data-t="1373">and</span> <span class="cue" id="t-1374" data-t="1374">I believe this value for value</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1378">22:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1378" data-t="1378">podcasting ecosystem</span> <span class="cue" id="t-1379" data-t="1379">is one of the ways to do that. We we can make the price of Bitcoin go up</span> <span class="cue" id="t-1384" data-t="1384">without</span> <span class="cue" id="t-1385" data-t="1385">necessarily having to play the game</span> <span class="cue" id="t-1388" data-t="1388">of having a pre mine shitcoin</span> <span class="cue" id="t-1390" data-t="1390">to be able to afford to lobby the politicians.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1395">23:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1395" data-t="1395">Yeah. And</span> <span class="cue" id="t-1397" data-t="1397">one of the</span> <span class="cue" id="t-1398" data-t="1398">bad signs,</span> <span class="cue" id="t-1400" data-t="1400">although some people have been very happy to hear the news, Donald Trump is going to is signing an executive order</span> <span class="cue" id="t-1407" data-t="1407">that will replace</span> <span class="cue" id="t-1408" data-t="1408">Social Security,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1411">23:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1411" data-t="1411">and instead of a Social Security number you will be issued a meme coin. You will be issued a Solana address with a meme coin.</span> <span class="cue" id="t-1420" data-t="1420">And</span> <span class="cue" id="t-1422" data-t="1422">your</span> <span class="cue" id="t-1423" data-t="1423">ability to afford your taxes, to retire,</span> <span class="cue" id="t-1426" data-t="1426">to</span> <span class="cue" id="t-1427" data-t="1427">just</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1429">23:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1429" data-t="1429">secure your future,</span> <span class="cue" id="t-1431" data-t="1431">then your retirement would be your ability to pump this meme coin. And the, you know, whatever whatever market cap or whatever value</span> <span class="cue" id="t-1440" data-t="1440">that your meme coin generates throughout your life,</span> <span class="cue" id="t-1443" data-t="1443">that is, that is yours. And</span> <span class="cue" id="t-1446" data-t="1446">some of these dating parties that it really brings home to what it is, it's it's like if you create</span> <span class="cue" id="t-1452" data-t="1452">if you take your meme coin and you</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1455">24:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1455" data-t="1455">let it be</span> <span class="cue" id="t-1457" data-t="1457">pumped</span> <span class="cue" id="t-1458" data-t="1458">pumped full of Tether</span> <span class="cue" id="t-1462" data-t="1462">by influencers</span> <span class="cue" id="t-1463" data-t="1463">and by</span> <span class="cue" id="t-1465" data-t="1465">the CIA,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1467">24:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1467" data-t="1467">and you you you take your</span> <span class="cue" id="t-1469" data-t="1469">your</span> <span class="cue" id="t-1470" data-t="1470">your essence, who you are, your meme, and you just let the CIA pump it full of tether.</span> <span class="cue" id="t-1477" data-t="1477">That's just it may make you rich, but,</span> <span class="cue" id="t-1479" data-t="1479">it's just, you know,</span> <span class="cue" id="t-1481" data-t="1481">I think a lot of people didn't like</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1484">24:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1484" data-t="1484">necessarily</span> <span class="cue" id="t-1485" data-t="1485">the the fame and fortune they got for letting Harvey Weinstein pump them full of tether.</span> <span class="cue" id="t-1492" data-t="1492">It's just you it's every person has to make their own choice, but</span> <span class="cue" id="t-1496" data-t="1496">to meme ifying</span> <span class="cue" id="t-1498" data-t="1498">our future is is a very dangerous move. I think we as bad as social security is, I don't know if this is the right answer. I'm not a huge fan of it. I mean, what if somebody what if what if somebody accuses your meme coin being a pump and dump?</span> <span class="cue" id="t-1511" data-t="1511">You didn't even get to choose it. You didn't even get to choose to have it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1515">25:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1515" data-t="1515">Well, theoretically,</span> <span class="cue" id="t-1517" data-t="1517">all meme coins are pump and dumps in this scenario.</span> <span class="cue" id="t-1521" data-t="1521">If your retirement is based on it, like, is your meme coin gonna remain</span> <span class="cue" id="t-1526" data-t="1526">valuable</span> <span class="cue" id="t-1527" data-t="1527">or have any relevancy</span> <span class="cue" id="t-1528" data-t="1528">after you die? Like, theoretically, it dumps upon your death. Right?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1533">25:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1533" data-t="1533">People stop trading it unless you're some sort of celebrity.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1536">25:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1536" data-t="1536">Yeah. The it's it updates the saying, the only things that are guaranteed in life</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">Richard Greaser</b> <span class="cue" id="t-1541" data-t="1541">are your meme coin goes to zero in taxes. Yeah. I mean, that makes sense. So you get issued a meme coin, and the government</span> <span class="cue" id="t-1549" data-t="1549">takes a portion of your taxes</span> <span class="cue" id="t-1552" data-t="1552">and buys a portion of your meme coin and puts it in their strategic stockpile.</span> <span class="cue" id="t-1558" data-t="1558">And so</span> <span class="cue" id="t-1559" data-t="1559">the stockpile</span> <span class="cue" id="t-1561" data-t="1561">is backed</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1562">26:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1562" data-t="1562">by the meme coins of all its citizens.</span> <span class="cue" id="t-1564" data-t="1564">Right?</span> <span class="cue" id="t-1566" data-t="1566">So the government's solvency</span> <span class="cue" id="t-1569" data-t="1569">and value</span> <span class="cue" id="t-1570" data-t="1570">is dependent</span> <span class="cue" id="t-1571" data-t="1571">on all its citizens.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1573">26:13</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1573" data-t="1573">So citizens are incentivized</span> <span class="cue" id="t-1576" data-t="1576">to live lives that generate</span> <span class="cue" id="t-1578" data-t="1578">value for their meme coins. I think Well, yeah. And podcast podcasts</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1583">26:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1583" data-t="1583">can definitely,</span> <span class="cue" id="t-1584" data-t="1584">definitely</span> <span class="cue" id="t-1586" data-t="1586">boost the value of your meme coin and boost the value of your community. Yeah, it's almost like a government mandated Bitclout. Right, that's true. It's like Bitclout</span> <span class="cue" id="t-1596" data-t="1596">is essentially what replaced Social Security is what you could say. Yep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1601">26:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1601" data-t="1601">I I know a lot of people</span> <span class="cue" id="t-1603" data-t="1603">have issues with it being built on Solana.</span> <span class="cue" id="t-1606" data-t="1606">I think that's, like,</span> <span class="cue" id="t-1608" data-t="1608">one of the primary issues with this, that they're building your retirement</span> <span class="cue" id="t-1614" data-t="1614">on top of a blockchain</span> <span class="cue" id="t-1616" data-t="1616">that arbitrarily</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1617">26:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1617" data-t="1617">can turn off and on periodically.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1621">27:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1621" data-t="1621">They used to be built on orbitals.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1624">27:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1624" data-t="1624">Yeah. Well,</span> <span class="cue" id="t-1626" data-t="1626">I mean, this is interesting because what if the Trump administration</span> <span class="cue" id="t-1631" data-t="1631">backs</span> <span class="cue" id="t-1633" data-t="1633">BIP 300</span> <span class="cue" id="t-1634" data-t="1634">and drive chains</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1636">27:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1636" data-t="1636">in order to be able to issue meme coins on Bitcoin. Then it would be I think if that was the use case, I think you were if if Donald Trump announced that today, I think he would get consensus on Bip 300,</span> <span class="cue" id="t-1651" data-t="1651">by by tomorrow. Yep. So, Eddie, it's it's do you think that Paul is ready to to take this on a national tour and defend it on podcasts across</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">Richard Greaser</b> <span class="cue" id="t-1661" data-t="1661">the community? I think he's ready.</span> <span class="cue" id="t-1664" data-t="1664">I think he's been foaming at the mouth for this moment to prove himself,</span> <span class="cue" id="t-1667" data-t="1667">to prove that giant chains are</span> <span class="cue" id="t-1670" data-t="1670">should be taken seriously,</span> <span class="cue" id="t-1671" data-t="1671">that</span> <span class="cue" id="t-1672" data-t="1672">Bitcoin Cash and Ethereum should be built</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1675">27:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1675" data-t="1675">on top of Bitcoin. How would</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1679">27:59</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1679" data-t="1679">what would that be like to bring Bitcoin Cash back on to Bitcoin? Like, it's like a prodigal son moment, right? Yeah.</span> <span class="cue" id="t-1687" data-t="1687">I think it would be. I mean, it would be very interesting. Do you think that Bitcoiners would welcome them back in this in the if there was if if they said we were gonna build Bitcoin Cash on Bitcoin,</span> <span class="cue" id="t-1700" data-t="1700">do you think that they they would let bygones be bygones? No. I don't think so. For some for some bit,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1706">28:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1706" data-t="1706">probably. But for a lot of the Sure. Probably not. Like, I don't think there's any way to make Pleasure happy.</span> <span class="cue" id="t-1714" data-t="1714">I don't think there's any way to make mechanic happy. Luke, definitely not. I mean,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1718">28:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1718" data-t="1718">but</span> <span class="cue" id="t-1719" data-t="1719">I feel like Shinobi would</span> <span class="cue" id="t-1722" data-t="1722">be one of the first people to extend a hand and welcome the big blockers</span> <span class="cue" id="t-1726" data-t="1726">back to building on Bitcoin, but other than the others too. And</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1731">28:51</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1731" data-t="1731">it could be good for n g e. Yeah. I mean, there's people like Whitney Webb and Mark Goodwin who</span> <span class="cue" id="t-1737" data-t="1737">are really against the idea</span> <span class="cue" id="t-1739" data-t="1739">of BlackRock</span> <span class="cue" id="t-1740" data-t="1740">tokenizing everything.</span> <span class="cue" id="t-1742" data-t="1742">That's one of their major concerns that they're on.</span> <span class="cue" id="t-1745" data-t="1745">And I think just because BlackRock tokenizes the world</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1750">29:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1750" data-t="1750">on Bitcoin, it's not gonna make them any happier. They're they're just inherently against BlackRock tokenizing everything.</span> <span class="cue" id="t-1757" data-t="1757">And so there's there's, like, a class of Bitcoin or like that</span> <span class="cue" id="t-1761" data-t="1761">that I don't think you can make happy in this scenario.</span> <span class="cue" id="t-1765" data-t="1765">They have an idea and vision for what Bitcoin is</span> <span class="cue" id="t-1769" data-t="1769">as peer to peer cash. They don't believe that Bitcoin's role is to help the</span> <span class="cue" id="t-1775" data-t="1775">the global population afford their taxes</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1778">29:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1778" data-t="1778">or to make the dollar stronger. So</span> <span class="cue" id="t-1781" data-t="1781">I think that's kinda gonna be one of the really interesting themes for 2025.</span> <span class="cue" id="t-1785" data-t="1785">So did we talk about last week? Were we gonna do our predictions</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1789">29:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1789" data-t="1789">going forward? Oh, yeah. Did you did you have,</span> <span class="cue" id="t-1793" data-t="1793">any specific,</span> <span class="cue" id="t-1794" data-t="1794">list that you wanted to</span> <span class="cue" id="t-1797" data-t="1797">to make predictions for? I didn't prepare</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1799">29:59</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1799" data-t="1799">anything</span> <span class="cue" id="t-1800" data-t="1800">like I should've, but I could rattle some some off. I I think there's Yeah. But let's start yeah. Let's do them. What's I'm excited because I</span> <span class="cue" id="t-1810" data-t="1810">I have some very bullish predictions. Yeah. I think the most important prediction</span> <span class="cue" id="t-1817" data-t="1817">is that</span> <span class="cue" id="t-1818" data-t="1818">we're gonna see the price increase a lot and we're gonna see an increase in a lot of podcasts.</span> <span class="cue" id="t-1824" data-t="1824">And I think the increase in podcast</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1826">30:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1826" data-t="1826">is gonna be the</span> <span class="cue" id="t-1827" data-t="1827">the leading indicator for price. So</span> <span class="cue" id="t-1830" data-t="1830">one bullish</span> <span class="cue" id="t-1831" data-t="1831">one bullish</span> <span class="cue" id="t-1833" data-t="1833">development</span> <span class="cue" id="t-1835" data-t="1835">that is going on behind the scenes is that Sly Goomba</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1838">30:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1838" data-t="1838">is relaunching his podcast. I talked to him the other day about that. So that's pretty exciting.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1844">30:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1844" data-t="1844">There are some other I mean, there are some other podcasts</span> <span class="cue" id="t-1847" data-t="1847">that</span> <span class="cue" id="t-1848" data-t="1848">we may get back. Some that have</span> <span class="cue" id="t-1851" data-t="1851">seemed to</span> <span class="cue" id="t-1853" data-t="1853">die down. I mean, John k. Valis, he could start another Bitcoin podcast where he'd restart his I think Eric Kayson is starting a Bitcoin podcast. Just it's gonna be</span> <span class="cue" id="t-1863" data-t="1863">rant after rant. It should just be the daily rant, honestly. That's what I would call it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1868">31:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1868" data-t="1868">But,</span> <span class="cue" id="t-1870" data-t="1870">we talked to Mike. They might bring back the high hash rate podcast.</span> <span class="cue" id="t-1874" data-t="1874">There is, you know, Peter McCormick.</span> <span class="cue" id="t-1877" data-t="1877">I don't think it's too late</span> <span class="cue" id="t-1879" data-t="1879">to count him out</span> <span class="cue" id="t-1881" data-t="1881">for making a comeback,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1883">31:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1883" data-t="1883">especially as this bull market kicks off and</span> <span class="cue" id="t-1887" data-t="1887">there could be more. I mean, Sawetzky,</span> <span class="cue" id="t-1889" data-t="1889">he may bring back a big one podcast.</span> <span class="cue" id="t-1892" data-t="1892">BTC CAS, CASBLICO,</span> <span class="cue" id="t-1894" data-t="1894">he could start another podcast.</span> <span class="cue" id="t-1897" data-t="1897">Lot of possibilities.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1899">31:39</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1899" data-t="1899">Yeah. I think</span> <span class="cue" id="t-1900" data-t="1900">every Bitcoiner should start a Bitcoin podcast. So what is your prediction</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1906">31:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1906" data-t="1906">for the</span> <span class="cue" id="t-1908" data-t="1908">the biggest</span> <span class="cue" id="t-1910" data-t="1910">new Bitcoin podcast</span> <span class="cue" id="t-1912" data-t="1912">for 2025?</span> <span class="cue" id="t-1914" data-t="1914">Who do you think that's gonna be? Or what do you think is that, you know, that's gonna look like? I think Hailey Welch</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1920">32:00</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1920" data-t="1920">is gonna come out of hiding,</span> <span class="cue" id="t-1922" data-t="1922">and she's gonna rebrand</span> <span class="cue" id="t-1925" data-t="1925">as a freedom activist.</span> <span class="cue" id="t-1927" data-t="1927">And she's going to repent for her shitcoinery</span> <span class="cue" id="t-1932" data-t="1932">and become Bitcoin only.</span> <span class="cue" id="t-1934" data-t="1934">And she's gonna launch</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1937">32:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1937" data-t="1937">a Bitcoin podcast. She's gonna pivot the</span> <span class="cue" id="t-1940" data-t="1940">talk to a podcast</span> <span class="cue" id="t-1941" data-t="1941">into a Bitcoin only podcast. I think</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1946">32:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1946" data-t="1946">the biggest</span> <span class="cue" id="t-1947" data-t="1947">new podcast,</span> <span class="cue" id="t-1949" data-t="1949">but 2025</span> <span class="cue" id="t-1950" data-t="1950">will be</span> <span class="cue" id="t-1951" data-t="1951">Ross Ulbert. I think he will be</span> <span class="cue" id="t-1956" data-t="1956">I think he will</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1957">32:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1957" data-t="1957">assess the landscape and realize</span> <span class="cue" id="t-1961" data-t="1961">the opportunity</span> <span class="cue" id="t-1962" data-t="1962">that lies before him</span> <span class="cue" id="t-1964" data-t="1964">to</span> <span class="cue" id="t-1966" data-t="1966">fill that void that that Peter McCormick left. Ross Ulbricht created the old</span> <span class="cue" id="t-1972" data-t="1972">the the Silk Road, which orange pilled Peter McCormick.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1975">32:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1975" data-t="1975">And Peter McCormick</span> <span class="cue" id="t-1977" data-t="1977">in turn orange pilled</span> <span class="cue" id="t-1979" data-t="1979">so many people that they helped get Ross free.</span> <span class="cue" id="t-1982" data-t="1982">And then Peter McCormick retired, and now it's</span> <span class="cue" id="t-1985" data-t="1985">it's time for Ross</span> <span class="cue" id="t-1987" data-t="1987">to pick up</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1989">33:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1989" data-t="1989">and continue to orange pill, and he's the one that started it all.</span> <span class="cue" id="t-1994" data-t="1994">He's the one</span> <span class="cue" id="t-1996" data-t="1996">who Ross Ulbricht is the one who inspired</span> <span class="cue" id="t-2000" data-t="2000">the Bitcoin podcast movement</span> <span class="cue" id="t-2003" data-t="2003">by creating the Silk Road</span> <span class="cue" id="t-2005" data-t="2005">and orange filling Peter McCormick. That is that's where I think is how it's gonna play out.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2009">33:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2009" data-t="2009">Yeah.</span> <span class="cue" id="t-2010" data-t="2010">I mean, Ross definitely gave a lot of people a reason to podcast,</span> <span class="cue" id="t-2014" data-t="2014">which is saying a lot.</span> <span class="cue" id="t-2016" data-t="2016">I don't think he's gonna start a podcast. I think he's gonna be too busy going on other people's podcasts.</span> <span class="cue" id="t-2021" data-t="2021">I think what he's gonna do is he's gonna get a book deal,</span> <span class="cue" id="t-2024" data-t="2024">and then he's probably gonna be</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">Richard Greaser</b> <span class="cue" id="t-2026" data-t="2026">interviewed in a few documentaries,</span> <span class="cue" id="t-2029" data-t="2029">and then he's going to</span> <span class="cue" id="t-2031" data-t="2031">go on a million other people's podcasts and just be so consumed by the PodConv tour</span> <span class="cue" id="t-2037" data-t="2037">that he's not gonna have time. But there there is a real potential that</span> <span class="cue" id="t-2042" data-t="2042">that he starts his own podcast.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2044">34:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2044" data-t="2044">You think he's gonna get a book deal, and I agree with that, but I think he's also going to get</span> <span class="cue" id="t-2051" data-t="2051">a lot of</span> <span class="cue" id="t-2053" data-t="2053">DMs</span> <span class="cue" id="t-2054" data-t="2054">from hot chicks and Bitcoin</span> <span class="cue" id="t-2056" data-t="2056">wanting to be his girlfriend.</span> <span class="cue" id="t-2058" data-t="2058">And I think that I I I think that he's he's he's definitely going to make people</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2064">34:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2064" data-t="2064">jealous. It's there's gonna be some competition there.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2068">34:28</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2068" data-t="2068">Yeah.</span> <span class="cue" id="t-2069" data-t="2069">I think so if Ross is listening to this,</span> <span class="cue" id="t-2072" data-t="2072">enjoying his freedom, listen to the Beagle Weekly,</span> <span class="cue" id="t-2075" data-t="2075">which I fully expect him to at some point,</span> <span class="cue" id="t-2078" data-t="2078">I think if you're gonna do a book deal, you should do it with Laura Hillebrand.</span> <span class="cue" id="t-2084" data-t="2084">Are you familiar with Laura? So she did</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2087">34:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2087" data-t="2087">she's done some really good stuff. So she did</span> <span class="cue" id="t-2090" data-t="2090">she's famous for writing the book, Seabiscuit.</span> <span class="cue" id="t-2093" data-t="2093">But she did a really good</span> <span class="cue" id="t-2096" data-t="2096">I'm not familiar with all of her other</span> <span class="cue" id="t-2099" data-t="2099">books that she's done, but she did a really good biography</span> <span class="cue" id="t-2104" data-t="2104">of Louis Zamperini</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2106">35:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2106" data-t="2106">called Unbroken.</span> <span class="cue" id="t-2108" data-t="2108">I don't know if you've seen the movies or or read that book, but that's a pretty good book. I think she's a good candidate for Ross Ulbrick. I think I think the challenging thing</span> <span class="cue" id="t-2118" data-t="2118">is you get out of prison,</span> <span class="cue" id="t-2120" data-t="2120">you get all this media attention,</span> <span class="cue" id="t-2122" data-t="2122">you get all these offers.</span> <span class="cue" id="t-2124" data-t="2124">What are the correct</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2127">35:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2127" data-t="2127">offers to take? Because if you take the wrong offer,</span> <span class="cue" id="t-2130" data-t="2130">if you work with the wrong person</span> <span class="cue" id="t-2132" data-t="2132">on your book deal, it could really set you back</span> <span class="cue" id="t-2135" data-t="2135">significantly.</span> <span class="cue" id="t-2136" data-t="2136">And Ross is gonna be bombarded by stupid shitcoiners,</span> <span class="cue" id="t-2141" data-t="2141">by</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">bad authors,</span> <span class="cue" id="t-2144" data-t="2144">by</span> <span class="cue" id="t-2146" data-t="2146">grifters and scammers.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2148">35:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2148" data-t="2148">Documentary filmmakers.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2149">35:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2149" data-t="2149">Like, I would say avoid</span> <span class="cue" id="t-2152" data-t="2152">anybody affiliated</span> <span class="cue" id="t-2153" data-t="2153">with the History Channel,</span> <span class="cue" id="t-2155" data-t="2155">first and foremost. I would say it's probably good to avoid HBO. The</span> <span class="cue" id="t-2160" data-t="2160">the Peter Todd is Satoshi documentary</span> <span class="cue" id="t-2163" data-t="2163">was a little bit disappointing.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2164">36:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2164" data-t="2164">Yeah. Yeah. It's there's gonna be a lot of temptations there, and</span> <span class="cue" id="t-2170" data-t="2170">but I I'm gonna stick to my prediction of the the biggest podcast.</span> <span class="cue" id="t-2175" data-t="2175">So, for the next prediction,</span> <span class="cue" id="t-2177" data-t="2177">this one I think</span> <span class="cue" id="t-2179" data-t="2179">the way I'm going to frame it, I what I've had not the price,</span> <span class="cue" id="t-2184" data-t="2184">but</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2186">36:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2186" data-t="2186">what market cap do you think we</span> <span class="cue" id="t-2190" data-t="2190">place we capture</span> <span class="cue" id="t-2191" data-t="2191">this year? Do</span> <span class="cue" id="t-2193" data-t="2193">we take gold?</span> <span class="cue" id="t-2194" data-t="2194">Do we take,</span> <span class="cue" id="t-2196" data-t="2196">any of the Sony or Ramco? Is it going to be the biggest</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2200">36:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2200" data-t="2200">market cap in the world? Is Bitcoin going to be the biggest market cap in the world? Or what place is it going to be</span> <span class="cue" id="t-2206" data-t="2206">on that list? Right now, let's see</span> <span class="cue" id="t-2208" data-t="2208">what's the phone. The top 10. Bitcoin is number seven behind Alphabet,</span> <span class="cue" id="t-2215" data-t="2215">Amazon,</span> <span class="cue" id="t-2216" data-t="2216">Microsoft,</span> <span class="cue" id="t-2217" data-t="2217">Apple,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2218">36:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2218" data-t="2218">Nvidia,</span> <span class="cue" id="t-2219" data-t="2219">and number one is gold. Well, you'd have to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2223">37:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2223" data-t="2223">my price prediction</span> <span class="cue" id="t-2224" data-t="2224">is $2,000,000,000,000</span> <span class="cue" id="t-2226" data-t="2226">a coin</span> <span class="cue" id="t-2227" data-t="2227">by the end of twenty twenty five. So number one</span> <span class="cue" id="t-2230" data-t="2230">on the list. 2,000,000,000,000 USDT per coin. So it's gonna blow</span> <span class="cue" id="t-2236" data-t="2236">gold out of the water.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2237">37:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2237" data-t="2237">It's gonna eviscerate</span> <span class="cue" id="t-2239" data-t="2239">NVIDIA.</span> <span class="cue" id="t-2240" data-t="2240">The only reason why NVIDIA is even gonna be relevant at that point</span> <span class="cue" id="t-2244" data-t="2244">is because you need GPUs</span> <span class="cue" id="t-2246" data-t="2246">to look at price charts. Like, you're gonna need a you're gonna need a forty sixty</span> <span class="cue" id="t-2251" data-t="2251">at least</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2252">37:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2252" data-t="2252">to be able to handle</span> <span class="cue" id="t-2256" data-t="2256">looking at the one minute price chart</span> <span class="cue" id="t-2259" data-t="2259">swinging</span> <span class="cue" id="t-2261" data-t="2261">in</span> <span class="cue" id="t-2262" data-t="2262">million dollar increments. You know how My my prediction is that</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">I'm gonna I don't think I think you're right</span> <span class="cue" id="t-2270" data-t="2270">about</span> <span class="cue" id="t-2272" data-t="2272">2,000,000,000,000</span> <span class="cue" id="t-2273" data-t="2273">USDT per coin but I think that that means</span> <span class="cue" id="t-2276" data-t="2276">I think that</span> <span class="cue" id="t-2277" data-t="2277">at that point we're gonna start repricing it and I don't know if people are even gonna think about it in USDT terms. It's gonna happen so fast the dollar's gonna just be so wiped out That they're gonna measure it</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2289">38:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2289" data-t="2289">in the ETHBTC</span> <span class="cue" id="t-2291" data-t="2291">chart. And I think that</span> <span class="cue" id="t-2293" data-t="2293">there's gonna be</span> <span class="cue" id="t-2295" data-t="2295">10 zeros</span> <span class="cue" id="t-2297" data-t="2297">after</span> <span class="cue" id="t-2298" data-t="2298">the decimal point before we get to a digit on the ETHBTC</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">Rod Palmer</b> <span class="cue" id="t-2302" data-t="2302">chart.</span> <span class="cue" id="t-2303" data-t="2303">That's where I think</span> <span class="cue" id="t-2304" data-t="2304">the price is gonna end up this year.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2307">38:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2307" data-t="2307">Well, I think this is gonna happen with the dollar strengthening</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2311">38:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2311" data-t="2311">at the same time, which is kinda crazy to tell you all. Okay, so you date's gonna be 2,000,000,000,000 USDT,</span> <span class="cue" id="t-2317" data-t="2317">but the dollar is gonna be</span> <span class="cue" id="t-2319" data-t="2319">at an all time the Dixie is gonna be at an all time high. Yeah. We're gonna we're gonna cease using</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2325">38:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2325" data-t="2325">the Dixie</span> <span class="cue" id="t-2326" data-t="2326">because</span> <span class="cue" id="t-2327" data-t="2327">all the other currencies in that basket,</span> <span class="cue" id="t-2330" data-t="2330">like, Japanese yen's gone.</span> <span class="cue" id="t-2332" data-t="2332">The they're they're all using Tether in Japan.</span> <span class="cue" id="t-2335" data-t="2335">Swiss</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2336">38:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2336" data-t="2336">franc, gone. They're all using Tether in Switzerland</span> <span class="cue" id="t-2341" data-t="2341">and Monero. The great the British pound,</span> <span class="cue" id="t-2344" data-t="2344">gone.</span> <span class="cue" id="t-2346" data-t="2346">All all those things that are used to measure against the dollar</span> <span class="cue" id="t-2350" data-t="2350">are gonna go to zero. There's gonna be a God candle</span> <span class="cue" id="t-2353" data-t="2353">when it comes to pricing the dollar against other fiat currencies.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2357">39:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2357" data-t="2357">It's all gonna be because they're gonna be backing</span> <span class="cue" id="t-2360" data-t="2360">the dollar with Bitcoin and meme coins. So the real question is, I think the thing that's interesting to think about</span> <span class="cue" id="t-2367" data-t="2367">is</span> <span class="cue" id="t-2368" data-t="2368">the way that the Trump administration</span> <span class="cue" id="t-2370" data-t="2370">seems to be positioning</span> <span class="cue" id="t-2373" data-t="2373">is that this</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2375">39:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2375" data-t="2375">this site that we're looking at,</span> <span class="cue" id="t-2377" data-t="2377">I I assume you're</span> <span class="cue" id="t-2379" data-t="2379">on the same one. It's,</span> <span class="cue" id="t-2381" data-t="2381">companiesmarketcap.com.</span> <span class="cue" id="t-2383" data-t="2383">Is that the one you're on? Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2386">39:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2386" data-t="2386">Yep. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2387">39:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2387" data-t="2387">It's just gonna be replaced by CoinMarketCap</span> <span class="cue" id="t-2389" data-t="2389">or CoinGecko.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2392">39:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2392" data-t="2392">Yeah. Yeah. Exactly. CoinMarketCap. So</span> <span class="cue" id="t-2394" data-t="2394">that is</span> <span class="cue" id="t-2396" data-t="2396">that's interesting because</span> <span class="cue" id="t-2398" data-t="2398">a lot of people thought, especially even up to a month ago,</span> <span class="cue" id="t-2402" data-t="2402">that we were getting rid of</span> <span class="cue" id="t-2404" data-t="2404">the shitcoiners, they were gonna deploy them on Donald Trump's gonna get rid of all of them, it's gonna have the strategic Bitcoiners to buy it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2410">40:10</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2410" data-t="2410">If we do that, then we we won't have anybody to wrap our Bitcoin. And and as</span> <span class="cue" id="t-2416" data-t="2416">we're building the future on top of Bitcoin as everybody's toke BlackRock is tokenizing everything,</span> <span class="cue" id="t-2424" data-t="2424">but they're gonna and they're gonna need wrapped Bitcoin.</span> <span class="cue" id="t-2427" data-t="2427">And we're gonna need the shitcoiners</span> <span class="cue" id="t-2430" data-t="2430">to wrap a Bitcoin because the that's the jobs that we're not gonna wanna do.</span> <span class="cue" id="t-2434" data-t="2434">And</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2436">40:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2436" data-t="2436">all these later twos that were they're just gonna need so many people</span> <span class="cue" id="t-2440" data-t="2440">who can't afford their taxes, working hard to wrap the Bitcoin so they can so they can make money to afford taxes. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2449">40:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2449" data-t="2449">Well, you know, since the Trump administration is getting rid of Social Security</span> <span class="cue" id="t-2453" data-t="2453">and replacing with meme coins,</span> <span class="cue" id="t-2456" data-t="2456">The reason why wrapped Bitcoin</span> <span class="cue" id="t-2458" data-t="2458">is so important is because you need liquidity in that market.</span> <span class="cue" id="t-2461" data-t="2461">Right? And so Right. Right. Wrapped Bitcoin</span> <span class="cue" id="t-2464" data-t="2464">wrapped Bitcoin becomes a part of,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2466">41:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2466" data-t="2466">of national security.</span> <span class="cue" id="t-2469" data-t="2469">Because if you cannot keep</span> <span class="cue" id="t-2471" data-t="2471">a liquid meme coin market of people to be able to trade in and out of wrapped</span> <span class="cue" id="t-2475" data-t="2475">BTC</span> <span class="cue" id="t-2477" data-t="2477">into</span> <span class="cue" id="t-2478" data-t="2478">whatever their meme coin is on Solana,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2480">41:20</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2480" data-t="2480">then</span> <span class="cue" id="t-2482" data-t="2482">that creates some pretty serious issues for</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2485">41:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2485" data-t="2485">America's retirement. Why so they didn't fully quit they need to nothing stops the strain, right? We need the liquidity. Exactly. This is</span> <span class="cue" id="t-2494" data-t="2494">and this is why it's important because they're going to wanna pay you and wrap the coin.</span> <span class="cue" id="t-2500" data-t="2500">And like how, you know,</span> <span class="cue" id="t-2502" data-t="2502">you can still self custody it. So what do you do here?</span> <span class="cue" id="t-2506" data-t="2506">What if they even they'll let you unwrap it? Can you still cash out your meme coin?</span> <span class="cue" id="t-2511" data-t="2511">Or can you truly cash out your meme coin? Or can you only cash it out for wrapped Bitcoin?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2517">41:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2517" data-t="2517">Well, the banks that are issuing the wrapped Bitcoin</span> <span class="cue" id="t-2521" data-t="2521">because people need to understand how this works. There's not really a DeFi protocol</span> <span class="cue" id="t-2526" data-t="2526">that people are locking their Bitcoin into.</span> <span class="cue" id="t-2528" data-t="2528">What's happening is the Bitcoin is being held by a bank somewhere that</span> <span class="cue" id="t-2533" data-t="2533">that issues</span> <span class="cue" id="t-2536" data-t="2536">a or an exchange</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2537">42:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2537" data-t="2537">that issues a wrapped Bitcoin token. Right? And what we're gonna see is these exchanges and banks that are issuing these wrapped tokens</span> <span class="cue" id="t-2545" data-t="2545">are gonna be FDIC insured</span> <span class="cue" id="t-2548" data-t="2548">in the future.</span> <span class="cue" id="t-2549" data-t="2549">And that FDIC insurance</span> <span class="cue" id="t-2552" data-t="2552">is gonna be backed</span> <span class="cue" id="t-2553" data-t="2553">by Bitcoin.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2555">42:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2555" data-t="2555">So it's almost like it's wrapped FDIC</span> <span class="cue" id="t-2558" data-t="2558">insurance,</span> <span class="cue" id="t-2559" data-t="2559">if that makes sense. Interesting.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2562">42:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2562" data-t="2562">What</span> <span class="cue" id="t-2563" data-t="2563">okay, so</span> <span class="cue" id="t-2566" data-t="2566">your prediction</span> <span class="cue" id="t-2567" data-t="2567">in 2020 of how many</span> <span class="cue" id="t-2570" data-t="2570">meme</span> <span class="cue" id="t-2572" data-t="2572">coins does the Trump, does the White House launch in 2025</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2576">42:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2576" data-t="2576">and how much Bitcoin,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2578">42:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2578" data-t="2578">wrapped Bitcoin do they cash out for? I don't know about the amount of wrapped Bitcoin</span> <span class="cue" id="t-2582" data-t="2582">that's gonna go on the strategic stockpile,</span> <span class="cue" id="t-2587" data-t="2587">but I would estimate at least 300,000,000.</span> <span class="cue" id="t-2591" data-t="2591">What's the population of The US? It's, like, 340,000,000</span> <span class="cue" id="t-2594" data-t="2594">citizens.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2596">43:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2596" data-t="2596">Yeah. More or less. Plus the the,</span> <span class="cue" id="t-2599" data-t="2599">the assassin market meme coin are still here. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2603">43:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2603" data-t="2603">So if every individual in The US so this is one of the things that's kinda interesting.</span> <span class="cue" id="t-2609" data-t="2609">So if you replace Social Security</span> <span class="cue" id="t-2611" data-t="2611">with meme coins on the Solana blockchain,</span> <span class="cue" id="t-2615" data-t="2615">because everybody</span> <span class="cue" id="t-2616" data-t="2616">has a meme coin,</span> <span class="cue" id="t-2617" data-t="2617">you're less incentivized</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2619">43:39</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2619" data-t="2619">to launch your own meme coin to compete with your Social Security meme coin.</span> <span class="cue" id="t-2623" data-t="2623">So it kinda kills the markets for meme coins in some way. Just interesting to think about.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2629">43:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2629" data-t="2629">So what was your final,</span> <span class="cue" id="t-2631" data-t="2631">prediction</span> <span class="cue" data-t="2631">for the amount of of meme coins? 340,000,000?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2635">43:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2635" data-t="2635">Over 340,000,000.</span> <span class="cue" id="t-2636" data-t="2636">That's just the full</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2638">43:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2638" data-t="2638">Alright. So</span> <span class="cue" id="t-2642" data-t="2642">I I think that I follow your your your logic exactly. So I my number, my prediction is the same, 340,000,000.</span> <span class="cue" id="t-2649" data-t="2649">My next question is,</span> <span class="cue" id="t-2653" data-t="2653">is</span> <span class="cue" id="t-2654" data-t="2654">Pleditor</span> <span class="cue" id="t-2655" data-t="2655">gonna be able</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2657">44:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2657" data-t="2657">to report</span> <span class="cue" id="t-2659" data-t="2659">all 340,000,000</span> <span class="cue" id="t-2662" data-t="2662">meme coins</span> <span class="cue" id="t-2664" data-t="2664">to the SEC</span> <span class="cue" id="t-2666" data-t="2666">as unlicensed</span> <span class="cue" id="t-2667" data-t="2667">securities</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2669">44:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2669" data-t="2669">by December 31 at 11:50PM</span> <span class="cue" id="t-2673" data-t="2673">or 11:59PM.</span> <span class="cue" id="t-2674" data-t="2674">Will he be able to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2676">44:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2676" data-t="2676">report enough per day? I think he will. I think he'll be able to automate it</span> <span class="cue" id="t-2681" data-t="2681">a lot with some of these new tools that are coming out.</span> <span class="cue" id="t-2685" data-t="2685">I think Pierre Richard</span> <span class="cue" id="t-2687" data-t="2687">is gonna be auditing the meme coins,</span> <span class="cue" id="t-2690" data-t="2690">but I don't think it's gonna make a difference. You know, there's all these people that have issued pre mined coins that are flushed with lots of cash, that have a shitload of lobbying power in Washington,</span> <span class="cue" id="t-2703" data-t="2703">and they're begging for regulatory</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">clarity,</span> <span class="cue" id="t-2706" data-t="2706">which just</span> <span class="cue" id="t-2707" data-t="2707">means</span> <span class="cue" id="t-2708" data-t="2708">they're trying to buy politicians</span> <span class="cue" id="t-2711" data-t="2711">to</span> <span class="cue" id="t-2713" data-t="2713">pass</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2714">45:14</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2714" data-t="2714">favorable regulation for them to be able to engage in their shitcoin shenanigans. And,</span> <span class="cue" id="t-2720" data-t="2720">you know, he can</span> <span class="cue" id="t-2722" data-t="2722">like, you</span> <span class="cue" id="t-2723" data-t="2723">Gary Gensler</span> <span class="cue" id="t-2725" data-t="2725">is out.</span> <span class="cue" id="t-2726" data-t="2726">Donald Trump and Melania both launched meme coins.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2729">45:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2729" data-t="2729">I think that's pretty clear,</span> <span class="cue" id="t-2732" data-t="2732">and they're gonna be issuing every citizen of The United States a meme coin.</span> <span class="cue" id="t-2736" data-t="2736">I I think,</span> <span class="cue" id="t-2738" data-t="2738">you know, if you're a Bitcoin maximalist</span> <span class="cue" id="t-2741" data-t="2741">and you're anti shitcoin,</span> <span class="cue" id="t-2743" data-t="2743">the only</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2744">45:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2744" data-t="2744">route forward</span> <span class="cue" id="t-2746" data-t="2746">for you</span> <span class="cue" id="t-2747" data-t="2747">to, like, really keep your morals and to pass your own purity test that you continue to,</span> <span class="cue" id="t-2752" data-t="2752">you know, expect others to pass</span> <span class="cue" id="t-2754" data-t="2754">is to renounce your citizenship.</span> <span class="cue" id="t-2756" data-t="2756">But the problem with renouncing your citizenship</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2759">45:59</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2759" data-t="2759">is then you become under you come under scrutiny. You know? And Elon Musk said that there's no way that</span> <span class="cue" id="t-2765" data-t="2765">Roger</span> <span class="cue" id="t-2766" data-t="2766">Ver will be pardoned for being unable to afford his taxes because he's not a citizen. He renounced his citizenship, so why would</span> <span class="cue" id="t-2775" data-t="2775">Donald Trump pardon him? So it really puts people between a rock and a hard place,</span> <span class="cue" id="t-2781" data-t="2781">which is either you have to</span> <span class="cue" id="t-2784" data-t="2784">either change</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2785">46:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2785" data-t="2785">your values</span> <span class="cue" id="t-2788" data-t="2788">and embrace</span> <span class="cue" id="t-2789" data-t="2789">the shit coinery,</span> <span class="cue" id="t-2791" data-t="2791">or you have to renounce your citizenship</span> <span class="cue" id="t-2794" data-t="2794">and try to move to a country that</span> <span class="cue" id="t-2796" data-t="2796">empowers</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2798">46:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2798" data-t="2798">your your Bitcoin maximalist beliefs,</span> <span class="cue" id="t-2800" data-t="2800">which I don't really think there will be one in the future. I think other countries are gonna do the same thing</span> <span class="cue" id="t-2806" data-t="2806">by launching meme coins for their</span> <span class="cue" id="t-2808" data-t="2808">citizens as well.</span> <span class="cue" id="t-2811" data-t="2811">And so yeah. I mean, it's a really tough position for people to to be in.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2817">46:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2817" data-t="2817">Yeah. What a creditor's gonna do. Well, if I'm gonna take the under, I don't think he's gonna be able to report them all. I think he's gonna grow</span> <span class="cue" id="t-2825" data-t="2825">either depressed</span> <span class="cue" id="t-2826" data-t="2826">and and give up, or I don't know if that's very likely.</span> <span class="cue" id="t-2831" data-t="2831">I think that Donald Trump will order</span> <span class="cue" id="t-2834" data-t="2834">an executive order to rate limit,</span> <span class="cue" id="t-2837" data-t="2837">creditors so that he</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">Rod Palmer</b> <span class="cue" id="t-2840" data-t="2840">can't spam</span> <span class="cue" id="t-2841" data-t="2841">the government servers</span> <span class="cue" id="t-2843" data-t="2843">with unlicensed</span> <span class="cue" id="t-2844" data-t="2844">security</span> <span class="cue" id="t-2846" data-t="2846">notification or, you know, reports. The last</span> <span class="cue" id="t-2849" data-t="2849">prediction,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2851">47:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2851" data-t="2851">I wondered what you had for 2025,</span> <span class="cue" id="t-2854" data-t="2854">is</span> <span class="cue" id="t-2855" data-t="2855">which Bitcoiner on Twitter will be the first to call out or accuse Ross of shit coining? Sorry. Say that one more time.</span> <span class="cue" id="t-2865" data-t="2865">Which Bitcoin Twitter person or influencer will be the first</span> <span class="cue" id="t-2869" data-t="2869">to call out Ross</span> <span class="cue" id="t-2871" data-t="2871">for being a shit coiner</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2873">47:53</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2873" data-t="2873">or for shit coining?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2875">47:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2875" data-t="2875">I think</span> <span class="cue" id="t-2876" data-t="2876">that both</span> <span class="cue" id="t-2878" data-t="2878">Dick Whitman</span> <span class="cue" id="t-2879" data-t="2879">and Platteter</span> <span class="cue" id="t-2880" data-t="2880">already have tweets drafted.</span> <span class="cue" id="t-2882" data-t="2882">They have all these different scenarios that they've workshopped,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2887">48:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2887" data-t="2887">and</span> <span class="cue" id="t-2888" data-t="2888">they're just waiting for whichever one to happen. So they they already preemptively</span> <span class="cue" id="t-2894" data-t="2894">called them out. They just haven't published it yet. Right. That Clutter was awaiting confirmation</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2900">48:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2900" data-t="2900">that</span> <span class="cue" data-t="2900">Ross benefited</span> <span class="cue" id="t-2902" data-t="2902">financially from his NFT</span> <span class="cue" id="t-2904" data-t="2904">drawing that his mom sold with the help of Bitcoin magazine, as soon as he can get</span> <span class="cue" id="t-2910" data-t="2910">any on chain</span> <span class="cue" id="t-2912" data-t="2912">any on chain</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2913">48:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2913" data-t="2913">data evidence to confirm</span> <span class="cue" id="t-2915" data-t="2915">a Tether transfer</span> <span class="cue" id="t-2917" data-t="2917">to Ross,</span> <span class="cue" id="t-2919" data-t="2919">he will be reporting</span> <span class="cue" id="t-2920" data-t="2920">in as a shipwinder immediately. Yeah. So, Pledder, I think we so it's it's either Pledder or I'll go stick with Dick Whitman. I think I'll take Pledder. Alright. Just just to be,</span> <span class="cue" id="t-2930" data-t="2930">just to be contrary, I'm gonna choose Dick Whitman. I mean, Dick Whitman is a real possibility because</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2937">48:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2937" data-t="2937">he does, he's gonna get the most jealous about</span> <span class="cue" id="t-2940" data-t="2940">girls thinking that Ross Ulbrich is hot.</span> <span class="cue" id="t-2943" data-t="2943">He's, you can already tell</span> <span class="cue" id="t-2945" data-t="2945">that, he thinks he's cooler than Ross and he's gonna be pretty upset</span> <span class="cue" id="t-2949" data-t="2949">if if Ross gets</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2952">49:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2952" data-t="2952">more babe attention. Totally. Do you think</span> <span class="cue" id="t-2955" data-t="2955">that</span> <span class="cue" id="t-2957" data-t="2957">Satoshi Action</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2958">49:18</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2958" data-t="2958">will launch a meme coin? No. No. I do not think so. I think that Dennis is committed to Bitcoin only, and he will</span> <span class="cue" id="t-2968" data-t="2968">he will I mean,</span> <span class="cue" id="t-2970" data-t="2970">if he can't</span> <span class="cue" id="t-2972" data-t="2972">if he can't stay Bitcoin only, I don't know who can. Which of</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2977">49:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2977" data-t="2977">the top Bitcoin maximalists</span> <span class="cue" id="t-2979" data-t="2979">do you think will fall</span> <span class="cue" id="t-2981" data-t="2981">and begin shitcoin in this cycle?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2985">49:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2985" data-t="2985">I think the obvious I think it's gonna be Saylor.</span> <span class="cue" id="t-2988" data-t="2988">I think right now we don't have any evidence. He's only started to say</span> <span class="cue" id="t-2992" data-t="2992">crypto and digital assets without</span> <span class="cue" id="t-2996" data-t="2996">saying</span> <span class="cue" id="t-2997" data-t="2997">Bitcoin only afterwards.</span> <span class="cue" id="t-3000" data-t="3000">I think it's only a matter of time. I just don't know,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3004">50:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3004" data-t="3004">I don't know which coin it will be. Maybe the launch of their own meme coin,</span> <span class="cue" id="t-3008" data-t="3008">but I think,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3010">50:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3010" data-t="3010">I think Michael Saylor is the first to go. The biggest to go. Well, let me ask you those questions. So I I think a lot of people are probably struggling with this episode with the news that we're delivering to people. I know</span> <span class="cue" id="t-3023" data-t="3023">it's it's a massive shift.</span> <span class="cue" id="t-3025" data-t="3025">So the majority of Americans, they have all their money</span> <span class="cue" id="t-3028" data-t="3028">in meme coins already. I would argue that equities</span> <span class="cue" id="t-3032" data-t="3032">in the stock market are meme coins. They're just company meme coins.</span> <span class="cue" id="t-3036" data-t="3036">I would argue that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3038">50:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3038" data-t="3038">government bonds are just government meme coins. Are we really</span> <span class="cue" id="t-3043" data-t="3043">is this really that bad of a you can argue about</span> <span class="cue" id="t-3047" data-t="3047">doing it on Solana.</span> <span class="cue" id="t-3049" data-t="3049">Maybe there's a better way to to roll out the infrastructure</span> <span class="cue" id="t-3052" data-t="3052">of these meme coins. But doesn't this make more sense</span> <span class="cue" id="t-3056" data-t="3056">to issue</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3057">50:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3057" data-t="3057">all the citizens meme coins</span> <span class="cue" id="t-3060" data-t="3060">and have</span> <span class="cue" id="t-3061" data-t="3061">them try to build</span> <span class="cue" id="t-3064" data-t="3064">value</span> <span class="cue" id="t-3065" data-t="3065">and equity in themselves</span> <span class="cue" id="t-3067" data-t="3067">and in their brand</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3068">51:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3068" data-t="3068">instead of buying</span> <span class="cue" id="t-3070" data-t="3070">government</span> <span class="cue" id="t-3071" data-t="3071">and corporate meme coins</span> <span class="cue" id="t-3074" data-t="3074">and</span> <span class="cue" id="t-3075" data-t="3075">having their entire savings</span> <span class="cue" id="t-3077" data-t="3077">based</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3078">51:18</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3078" data-t="3078">or built</span> <span class="cue" id="t-3080" data-t="3080">into the companies</span> <span class="cue" id="t-3081" data-t="3081">and growing the value of the companies</span> <span class="cue" id="t-3083" data-t="3083">that</span> <span class="cue" id="t-3085" data-t="3085">are essentially</span> <span class="cue" id="t-3086" data-t="3086">keeping them stuck in the fiat ras the fiat ras raise.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3092">51:32</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3092" data-t="3092">Does that make sense? Yeah. Yeah. I do. I think that</span> <span class="cue" id="t-3096" data-t="3096">that is the best solution.</span> <span class="cue" id="t-3098" data-t="3098">I think that the government's always gonna try to pick winners and losers. It's always going to pick its favorite contractors, its favorite consultants,</span> <span class="cue" id="t-3106" data-t="3106">the people in</span> <span class="cue" id="t-3108" data-t="3108">the</span> <span class="cue" data-t="3108">the Discord servers, the Diddy Crypto Diddy party Discord servers.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3113">51:53</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3113" data-t="3113">The best way that you can do what you're saying is</span> <span class="cue" id="t-3116" data-t="3116">to start a Bitcoin podcast.</span> <span class="cue" id="t-3119" data-t="3119">You control your equity,</span> <span class="cue" id="t-3121" data-t="3121">you control your future, and</span> <span class="cue" id="t-3124" data-t="3124">you can exchange in the value for value community</span> <span class="cue" id="t-3127" data-t="3127">based off of that,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3129">52:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3129" data-t="3129">that cash flow, that sats flow, and that equity,</span> <span class="cue" id="t-3132" data-t="3132">and you can make sure you can try to do it as much</span> <span class="cue" id="t-3137" data-t="3137">on chain as possible instead of using</span> <span class="cue" id="t-3140" data-t="3140">one of these</span> <span class="cue" id="t-3142" data-t="3142">blockchains</span> <span class="cue" data-t="3142">or one of these inefficient</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3146">52:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3146" data-t="3146">layer twos</span> <span class="cue" id="t-3147" data-t="3147">that they're gonna try to put you on instead. Yeah. It's really decentralizing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3153">52:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3153" data-t="3153">retirement,</span> <span class="cue" id="t-3154" data-t="3154">which is very interesting. Yeah. Decentralizing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3156">52:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3156" data-t="3156">retirement and decentralizing</span> <span class="cue" id="t-3161" data-t="3161">equity and</span> <span class="cue" id="t-3163" data-t="3163">decentralizing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3164">52:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3164" data-t="3164">network effects. I saw this statistic</span> <span class="cue" id="t-3167" data-t="3167">somewhere, and I don't remember where, but it said that</span> <span class="cue" id="t-3171" data-t="3171">thirty percent</span> <span class="cue" id="t-3172" data-t="3172">of retirees</span> <span class="cue" id="t-3174" data-t="3174">blow their</span> <span class="cue" id="t-3176" data-t="3176">entire Social Security checks on slot machines at casinos. And I think the only reason why that number isn't higher</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">Richard Greaser</b> <span class="cue" id="t-3183" data-t="3183">is because there's not enough Indian reservations around the country</span> <span class="cue" id="t-3187" data-t="3187">to allow everybody to do that. Not everybody's in a close enough proximity to a casino</span> <span class="cue" id="t-3193" data-t="3193">to blow all their retirement savings.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3198">53:18</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3198" data-t="3198">Online gambling,</span> <span class="cue" id="t-3199" data-t="3199">neemcoin</span> <span class="cue" id="t-3200" data-t="3200">gambling,</span> <span class="cue" id="t-3201" data-t="3201">Trump</span> <span class="cue" id="t-3203" data-t="3203">Trump Neem Coins, Trump's he's got, Truth Social,</span> <span class="cue" id="t-3207" data-t="3207">the,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3208">53:28</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3208" data-t="3208">there's a stock,</span> <span class="cue" id="t-3209" data-t="3209">the DJT stock,</span> <span class="cue" id="t-3212" data-t="3212">Polygon. Yeah, they're they're yeah, they're gonna gamble it. They're gonna gamble it online. The future</span> <span class="cue" id="t-3218" data-t="3218">of senior citizens</span> <span class="cue" id="t-3221" data-t="3221">gambling away their their social security checks</span> <span class="cue" id="t-3225" data-t="3225">is</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3226">53:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3226" data-t="3226">is wrapped.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3227">53:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3227" data-t="3227">It's unwrapped Bitcoin. I agree. Yeah. I mean, they're gonna they're gonna gamble</span> <span class="cue" id="t-3232" data-t="3232">their meme coin proceeds</span> <span class="cue" id="t-3234" data-t="3234">on Polymarket.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3236">53:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3236" data-t="3236">Yeah. That's I mean, that's that that boils it down. That is why</span> <span class="cue" id="t-3240" data-t="3240">Donald Trump is building</span> <span class="cue" id="t-3242" data-t="3242">this massive,</span> <span class="cue" id="t-3245" data-t="3245">you know, reserve</span> <span class="cue" id="t-3246" data-t="3246">of</span> <span class="cue" id="t-3247" data-t="3247">wrapped</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3248">54:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3248" data-t="3248">Bitcoin. And that's why Michael Saylor is building this massive reserve of MicroStrategy,</span> <span class="cue" id="t-3254" data-t="3254">which is in itself</span> <span class="cue" id="t-3256" data-t="3256">just wrapped Bitcoin.</span> <span class="cue" id="t-3258" data-t="3258">What Michael Saylor's doing</span> <span class="cue" id="t-3260" data-t="3260">and what MicroStrategy</span> <span class="cue" id="t-3261" data-t="3261">doing is they are creating a liquidity</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3264">54:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3264" data-t="3264">for</span> <span class="cue" id="t-3266" data-t="3266">for senior citizens</span> <span class="cue" id="t-3268" data-t="3268">to</span> <span class="cue" id="t-3270" data-t="3270">gamble their Social Security checks</span> <span class="cue" id="t-3274" data-t="3274">on insurance,</span> <span class="cue" id="t-3276" data-t="3276">on,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3277">54:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3277" data-t="3277">you</span> <span class="cue" id="t-3278" data-t="3278">know, bonds, on things that they like, that's gonna keep that afloat,</span> <span class="cue" id="t-3283" data-t="3283">and the wrapped Bitcoin on chain on on different blockchains is gonna create that liquidity</span> <span class="cue" id="t-3289" data-t="3289">for younger people who don't own as many bonds, they don't own as much real estate to gamble there,</span> <span class="cue" id="t-3295" data-t="3295">you know, they're not going to get social security, but they're going to get,</span> <span class="cue" id="t-3299" data-t="3299">universal basic income so they can gamble their universal basic income check on meme coins. Well, I think the question so here's our predictions.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3307">55:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3307" data-t="3307">The question I have for the listener, let us know in the booths or or shoot us a message.</span> <span class="cue" id="t-3312" data-t="3312">Is this the future you wanna live in? Is this what you're satisfied with?</span> <span class="cue" id="t-3317" data-t="3317">Is this what you listen to Bitcoin podcast?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3321">55:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3321" data-t="3321">Yeah. Is this is is the when when when you thought about Bitcoin winning in the future, well, Bitcoin has already won. Is this the</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3328">55:28</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3328" data-t="3328">is this what you expected it to be? Yeah. I mean, are you satisfied with this? And if you're not,</span> <span class="cue" id="t-3333" data-t="3333">then what do you do about it?</span> <span class="cue" id="t-3335" data-t="3335">I'm interested in hearing what our listeners think.</span> <span class="cue" id="t-3339" data-t="3339">You know,</span> <span class="cue" id="t-3341" data-t="3341">if you if you don't agree with this feature that we're entering into, what do you do?</span> <span class="cue" id="t-3346" data-t="3346">I've got I've got my set of solutions. I think I think</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3350">55:50</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3350" data-t="3350">the the future will only be bright</span> <span class="cue" id="t-3352" data-t="3352">in orange if more people podcast and more people smoke cigarettes. I think those are the two keys. But I don't wanna I don't wanna be too opinionated here. I don't I don't want this turning into</span> <span class="cue" id="t-3364" data-t="3364">a CNN panel</span> <span class="cue" id="t-3365" data-t="3365">of lecturing our listeners. So, yeah, let us know what you think. Alright. Let's get</span> <span class="cue" id="t-3370" data-t="3370">let's go ahead. I was just gonna ask, did you do you</span> <span class="cue" id="t-3373" data-t="3373">have did you have anything before we hop into the boost</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3377">56:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3377" data-t="3377">and take a look at this? Yeah. I just have one more thing,</span> <span class="cue" id="t-3381" data-t="3381">and it it's kinda related to the boost. So if,</span> <span class="cue" id="t-3384" data-t="3384">you know,</span> <span class="cue" id="t-3386" data-t="3386">we're coming together,</span> <span class="cue" id="t-3388" data-t="3388">the announcement will come be coming out soon, but we we we partnered with PodConf,</span> <span class="cue" id="t-3392" data-t="3392">you know, we we always said we can't get rid of the shitcoiners and everybody else, but</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3398">56:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3398" data-t="3398">one thing we all can agree on is forty hours of Bitcoin podcast will change the world. So the, you know, if you've seen the hashtag</span> <span class="cue" id="t-3406" data-t="3406">forty</span> <span class="cue" id="t-3407" data-t="3407">h p w with the headphones,</span> <span class="cue" id="t-3411" data-t="3411">we're spreading the message for the</span> <span class="cue" id="t-3413" data-t="3413">the forty hours per week brand.</span> <span class="cue" id="t-3416" data-t="3416">And if you would, you know, normally maybe come to give us a boost for a few thousand sats, a few 100 sats, whatever that's worth to you,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3424">57:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3424" data-t="3424">if it would be worth it to you to put the ad 40 that hashtag 40</span> <span class="cue" id="t-3429" data-t="3429">HPW</span> <span class="cue" id="t-3431" data-t="3431">into your, Twitter handle or your Noster handle to spread awareness for that. Consider that is in a lieu at a boost on fountain,</span> <span class="cue" id="t-3439" data-t="3439">but, only do it if, you know,</span> <span class="cue" id="t-3442" data-t="3442">the bugle and listening to Bitcoin podcast for forty hours per week has has benefited you and you truly do support it. Oh, that reminds me. You have a new t shirt. You have your first t shirt that you launched. Yes. Yes. The t shirt is on Orange label, and look for the,</span> <span class="cue" id="t-3458" data-t="3458">look for that link</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3460">57:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3460" data-t="3460">in the show notes, and it's the forty</span> <span class="cue" id="t-3463" data-t="3463">hours per week,</span> <span class="cue" id="t-3466" data-t="3466">Silk Road commemorative</span> <span class="cue" id="t-3469" data-t="3469">Marlboro cigarette,</span> <span class="cue" id="t-3471" data-t="3471">inspired</span> <span class="cue" id="t-3472" data-t="3472">art,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3474">57:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3474" data-t="3474">to kind of celebrate</span> <span class="cue" id="t-3476" data-t="3476">Ross with the Silk Road and the,</span> <span class="cue" id="t-3479" data-t="3479">forty hours per week brand on there, so check that out. It's very cool. I ordered my</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3484">58:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3484" data-t="3484">shirt. I'm waiting</span> <span class="cue" id="t-3487" data-t="3487">excitedly</span> <span class="cue" id="t-3488" data-t="3488">for it to show up. I just think you know, you wanna go to the Bitcoin meetup,</span> <span class="cue" id="t-3492" data-t="3492">and you want people to know</span> <span class="cue" id="t-3495" data-t="3495">that you're not a loser.</span> <span class="cue" id="t-3496" data-t="3496">You're not there to talk about Cardano</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3499">58:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3499" data-t="3499">and tell people why</span> <span class="cue" id="t-3502" data-t="3502">they're wrong,</span> <span class="cue" id="t-3503" data-t="3503">who have listened to</span> <span class="cue" id="t-3504" data-t="3504">a million more hours of Bitcoin podcasts</span> <span class="cue" id="t-3507" data-t="3507">than you have.</span> <span class="cue" id="t-3509" data-t="3509">You want them to know that you've listened to a million more Bitcoin podcasts</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3513">58:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3513" data-t="3513">than they have</span> <span class="cue" id="t-3515" data-t="3515">and that you're really in tune</span> <span class="cue" id="t-3517" data-t="3517">with what's going on. If you want a status symbol,</span> <span class="cue" id="t-3521" data-t="3521">it is the 40 HPW</span> <span class="cue" id="t-3523" data-t="3523">shirt.</span> <span class="cue" id="t-3524" data-t="3524">You walk in the meetup,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3526">58:46</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3526" data-t="3526">instant street cred. Heads will turn. They'll say, wow. Where'd you get that shirt from? And then they'll you'll show them, and then they won't buy it</span> <span class="cue" id="t-3536" data-t="3536">because they're not cool enough. And so you'll be the only one at the meetup over and over again</span> <span class="cue" id="t-3542" data-t="3542">that's wearing this shirt.</span> <span class="cue" id="t-3544" data-t="3544">I mean, what what would you compare it to? Like, what what's a good status symbol</span> <span class="cue" id="t-3549" data-t="3549">in the Fiat? Like, walking in</span> <span class="cue" id="t-3552" data-t="3552">with yeah. What what are some good comparisons</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3555">59:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3555" data-t="3555">here?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3556">59:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3556" data-t="3556">It'd be like walking in with,</span> <span class="cue" id="t-3558" data-t="3558">you know,</span> <span class="cue" id="t-3560" data-t="3560">a FISH t shirt from the tour that, you know, in 1994</span> <span class="cue" id="t-3566" data-t="3566">there's only so many shirts or, you know,</span> <span class="cue" id="t-3569" data-t="3569">Grateful Dead</span> <span class="cue" id="t-3570" data-t="3570">or</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3571">59:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3571" data-t="3571">Widespread Panic</span> <span class="cue" id="t-3574" data-t="3574">or,</span> <span class="cue" id="t-3576" data-t="3576">Uncoverable</span> <span class="cue" id="t-3577" data-t="3577">Misfits hoodie,</span> <span class="cue" id="t-3578" data-t="3578">I guess that would</span> <span class="cue" id="t-3580" data-t="3580">be in the Bitcoin meetup, not the regular world, but</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3584">59:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3584" data-t="3584">yeah, what about you? Yeah. I mean,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3587">59:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3587" data-t="3587">I I think</span> <span class="cue" id="t-3588" data-t="3588">I think it would be like walking in with, like, a Super Bowl T shirt or, like, a Super Bowl</span> <span class="cue" id="t-3595" data-t="3595">commemorative</span> <span class="cue" id="t-3596" data-t="3596">hat</span> <span class="cue" id="t-3597" data-t="3597">or jersey.</span> <span class="cue" id="t-3599" data-t="3599">You know? Because not a lot of people can afford to go to the Super Bowl. Those tickets are really expensive. They cost thousands of dollars.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3606">1:00:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3606" data-t="3606">And instead of</span> <span class="cue" id="t-3607" data-t="3607">showing that you shorted Bitcoin</span> <span class="cue" id="t-3610" data-t="3610">by buying a Super Bowl ticket,</span> <span class="cue" id="t-3612" data-t="3612">you're gonna show</span> <span class="cue" id="t-3614" data-t="3614">that you longed Bitcoin</span> <span class="cue" id="t-3616" data-t="3616">by listening to thousands and thousands and thousands</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3619">1:00:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3619" data-t="3619">of hours of Bitcoin podcasts every week. Hell yeah. Hell yeah. Forty hours of Bitcoin podcasts a week, but thousands over</span> <span class="cue" id="t-3626" data-t="3626">a period of years.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3627">1:00:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3627" data-t="3627">Oh, yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3629">1:00:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3629" data-t="3629">It really is the mark of a proof of proof of work. So I would highly encourage head over to Orange Mart. The website is or sorry. Orangelabel.orangelabel.co.</span> <span class="cue" id="t-3641" data-t="3641">Look for the</span> <span class="cue" id="t-3643" data-t="3643">40 HPW</span> <span class="cue" id="t-3645" data-t="3645">T shirt.</span> <span class="cue" id="t-3647" data-t="3647">I think how many how many shirts do you think we've sold? This is the first time we're announcing</span> <span class="cue" id="t-3652" data-t="3652">the launch. I think you might have done</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3655">1:00:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3655" data-t="3655">a post on Twitter.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3657">1:00:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3657" data-t="3657">I I don't know. I haven't checked it yet, but I think,</span> <span class="cue" id="t-3660" data-t="3660">I think it's at least 30. We'll have to link the shirt</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3664">1:01:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3664" data-t="3664">specifically</span> <span class="cue" id="t-3665" data-t="3665">because</span> <span class="cue" id="t-3666" data-t="3666">all I'm seeing</span> <span class="cue" id="t-3667" data-t="3667">is</span> <span class="cue" id="t-3668" data-t="3668">comply gear. We'll have to talk to</span> <span class="cue" id="t-3672" data-t="3672">the person running this website about getting</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3675">1:01:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3675" data-t="3675">it featured on the front</span> <span class="cue" id="t-3677" data-t="3677">because I think the 40 HPW shirt should be right there. Yeah. We'll talk about that.</span></span></p> +