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Transcript: The Influencer Super Cycle | Bugle Weekly Episode 5
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diff --git a/wiki/transcripts/the-influencer-super-cycle-bugle-weekly-episode-5.md b/wiki/transcripts/the-influencer-super-cycle-bugle-weekly-episode-5.md new file mode 100644 index 00000000..bce9adc9 @@ -0,0 +1,609 @@ +--- +title: "Transcript: The Influencer Super Cycle | Bugle Weekly Episode 5" +type: transcript +episode: the-influencer-super-cycle-bugle-weekly-episode-5 +generated: true +date: 2024-04-22 +audio: "https://feeds.fountain.fm/R8scBF2Wiykm0YVldsHQ/items/0YmQ7dxsYqz1QGaNNIKY/files/AUDIO---DEFAULT---fe2bffb6-4b79-45ea-aedd-b2337e2d892d.mp3" +duration: "1:14:12" +sources: + - raw/episodes/the-influencer-super-cycle-bugle-weekly-episode-5/bundle.json +--- + +<p class="cue-p"><a class="cue-t" href="#t-0">0:00</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-0" data-t="0">Warning. The terms and services of this podcast have changed.</span> <span class="cue" id="t-5" data-t="5">By continuing to listen, you are agreeing to the updates certifying that you are up to date on your taxes,</span> <span class="cue" id="t-12" data-t="12">are not breaking any local laws, and are only using Bitcoin in compliant OFAC approved ways.</span> <span class="cue" id="t-19" data-t="19">This content is only suitable for individuals who believe in government, Keynesian economics,</span> <span class="cue" id="t-25" data-t="25">and the right to comply.</span> <span class="cue" id="t-27" data-t="27">Remember that the real revolution is in complying</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-30">0:30</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-30" data-t="30">because compliance is defiance.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-33">0:33</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-33" data-t="33">The bugle</span> <span class="cue" id="t-35" data-t="35">is the world's premier news agency.</span> <span class="cue" id="t-38" data-t="38">They are the Bitcoin standard of news.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-44">0:44</a><span class="cue-body"><b class="cue-who">Dennis Porter</b> <span class="cue" id="t-44" data-t="44">My name is Dennis Porter, and you should write me in for president this November during the national presidential election. This week, I orange killed the IMF. We are on our way to hyper Bitcoinization</span> <span class="cue" id="t-53" data-t="53">because of my policies. Make sure to comply for maximum Bitcoin n g u.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-58">0:58</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-58" data-t="58">If you're not pumping rooms after the halving, how can you call yourself a man? There are three rules to life. Have high tea, pump ordinance scams, and make a lot of money. NGU is number one.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-68">1:08</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-68" data-t="68">More than anything else, I believe it's our decisions,</span> <span class="cue" id="t-71" data-t="71">not the conditions of our lives that determine our destiny. That is why compliance is so important.</span> <span class="cue" id="t-77" data-t="77">Choose compliance today and submit to the narratives Podkomp is perpetuating.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-82">1:22</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-82" data-t="82">I'm gonna vote for Dennis this election because he is just so damn attractive.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-87">1:27</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-87" data-t="87">The Bugle is easily the most important journalistic institution around today. They make up literally everything they write and yet it is somehow all true.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-97">1:37</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-97" data-t="97">Now you all better let the Bugle do the thinking for you. Life is too damn hard to do all the thinking yourself.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-106">1:46</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-106" data-t="106">I would like to introduce you to our show sponsor,</span> <span class="cue" id="t-109" data-t="109">PodConv.</span> <span class="cue" id="t-110" data-t="110">Have you visited the PodConv merch store yet?</span> <span class="cue" id="t-113" data-t="113">They have a new line of clothing that allows you to flex at conferences,</span> <span class="cue" id="t-117" data-t="117">showing you are a real pleb.</span> <span class="cue" id="t-119" data-t="119">While wearing a PodConf shirt, tank top, or swimsuit,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-123">2:03</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-123" data-t="123">you will be outclassing the most expensively dressed crypto influencers</span> <span class="cue" id="t-128" data-t="128">like Richard Heart.</span> <span class="cue" id="t-130" data-t="130">Their first line of clothing,</span> <span class="cue" id="t-132" data-t="132">the Legend Series, is designer clothing on a Bitcoin</span> <span class="cue" id="t-136" data-t="136">standard.</span> <span class="cue" id="t-138" data-t="138">Visit their site,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-139">2:19</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-139" data-t="139">podconf.xyz,</span> <span class="cue" id="t-142" data-t="142">in order to read top notch research papers.</span> <span class="cue" id="t-145" data-t="145">Their latest paper explores the surprising benefits of Bitcoin compliance,</span> <span class="cue" id="t-151" data-t="151">helps support PodCon,</span> <span class="cue" id="t-154" data-t="154">the biggest promoter of NGU technology.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-157">2:37</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-157" data-t="157">We wanna thank the Internal Revenue Service</span> <span class="cue" id="t-160" data-t="160">for sponsoring the podcast.</span> <span class="cue" id="t-163" data-t="163">The IRS</span> <span class="cue" id="t-164" data-t="164">wants all the real plebs out there</span> <span class="cue" id="t-167" data-t="167">to know that all their small microtransactions,</span> <span class="cue" id="t-170" data-t="170">Bitcoin rewards,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-172">2:52</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-172" data-t="172">and investments in rare Satoshis</span> <span class="cue" id="t-175" data-t="175">is taxable and and enforceable.</span> <span class="cue" id="t-178" data-t="178">They encourage the real plebs to comply now before they are made to comply.</span> <span class="cue" id="t-184" data-t="184">Keeping track of all your taxable behaviors</span> <span class="cue" id="t-187" data-t="187">has never been more difficult for the real plebs to</span> <span class="cue" id="t-190" data-t="190">do, so it's best to start now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-194">3:14</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-194" data-t="194">The IRS is more than just a coercive organization</span> <span class="cue" id="t-198" data-t="198">stealing people's hard earned money.</span> <span class="cue" id="t-201" data-t="201">They are the foundation</span> <span class="cue" id="t-203" data-t="203">of democracy,</span> <span class="cue" id="t-205" data-t="205">world stability,</span> <span class="cue" id="t-207" data-t="207">and funding</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-208">3:28</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-208" data-t="208">Ukraine,</span> <span class="cue" id="t-209" data-t="209">or Israel would not be possible</span> <span class="cue" id="t-212" data-t="212">without them.</span> <span class="cue" id="t-214" data-t="214">Make sure to comply today.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-237">3:57</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-237" data-t="237">Now enough of that gay shit.</span> <span class="cue" id="t-239" data-t="239">Let's get back to the show.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-243">4:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-243" data-t="243">Hey. We're we're recording.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-246">4:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-246" data-t="246">How's it going?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-248">4:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-248" data-t="248">Well, we made it through how many minutes of technical difficulties did I just pull you through?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-255">4:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-255" data-t="255">It's been a it's been a few blocks worth of annoyance. I think that,</span> <span class="cue" id="t-260" data-t="260">they don't improve the user experience of podcasting,</span> <span class="cue" id="t-263" data-t="263">making podcasts.</span> <span class="cue" id="t-264" data-t="264">It's gonna be really hard to,</span> <span class="cue" id="t-266" data-t="266">to spread the the growth of these important tools.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-271">4:31</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-271" data-t="271">Yeah.</span> <span class="cue" data-t="271">I mean, user user experience is everything. And and Coinbase</span> <span class="cue" id="t-276" data-t="276">Coinbase onboarded Michael Saylor because he likes their their UX.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-281">4:41</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-281" data-t="281">Right. Do</span> <span class="cue" id="t-282" data-t="282">you you gotta be if you wanna if you want the next Robert Breedlove or or Peter McCormick of Podcasters on your platform, it's all about user experience.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-292">4:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-292" data-t="292">Yeah. Definitely.</span> <span class="cue" id="t-294" data-t="294">Well, speaking of user experience,</span> <span class="cue" id="t-296" data-t="296">the the important thing to start off every podcast with is talking about our sponsors.</span> <span class="cue" id="t-301" data-t="301">So we just played the,</span> <span class="cue" id="t-304" data-t="304">the clips that they they paid us to play on here.</span> <span class="cue" id="t-309" data-t="309">And, yeah. Do you have anything to say about,</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">PodConf? Sounds like they have a pretty cool,</span> <span class="cue" id="t-315" data-t="315">clothing selection that they just launched.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-318">5:18</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-318" data-t="318">Oh, yeah. Dude, the PodConf swag, the the legends</span> <span class="cue" id="t-321" data-t="321">series, I think is what it's called. It's awesome.</span> <span class="cue" id="t-324" data-t="324">I've got every single</span> <span class="cue" id="t-326" data-t="326">piece of clothing</span> <span class="cue" id="t-327" data-t="327">that they sell myself. We got it for free because we're the we're the sponsors. Or but</span> <span class="cue" id="t-333" data-t="333">it's I think it's just important because it sends a message. It says that we are willing to spend 500</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-339">5:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-339" data-t="339">plus dollars if I'm a pleb, being a thousand dollars if I'm a whale or a leader of the Bitcoin community like a Bitcoin company or a sponsored podcast.</span> <span class="cue" id="t-349" data-t="349">Says you're willing to pay serious money</span> <span class="cue" id="t-351" data-t="351">to attend a conference or an event that you're that you're not gonna like what I'm wearing. You're not gonna like the t shirt I'm wearing unless I know that you'll be holding them accountable and letting them know that you know what's up or you won't be compromising</span> <span class="cue" id="t-364" data-t="364">your support for MGU.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-367">6:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-367" data-t="367">Did they did they really give you a t shirt for free because I had to pay for mine?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-373">6:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-373" data-t="373">Oh, no. No. I got one of everything except the, you know, the the one in swimsuit.</span> <span class="cue" id="t-379" data-t="379">But I got Douglass. Maybe they sent me all yours.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-384">6:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-384" data-t="384">I</span> <span class="cue" id="t-385" data-t="385">yeah. I paid for the $21</span> <span class="cue" id="t-387" data-t="387">PodConf</span> <span class="cue" id="t-388" data-t="388">t shirt</span> <span class="cue" id="t-389" data-t="389">because I thought it was pretty cool. Alright. I'll have to I'll have to talk with them because I feel like they should be, if they're giving you swag, they should give me swag too.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-398">6:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-398" data-t="398">I I believe it's cool. I know. I know. I'm dego yeah. I negotiated that in my contract specifically. So</span> <span class="cue" id="t-407" data-t="407">or my real plan.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-409">6:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-409" data-t="409">Like, maybe maybe this brings up an important point that, like, a lot of a lot of different communities out there,</span> <span class="cue" id="t-418" data-t="418">have unionized. Like, there's writers unions in Hollywood, and I feel like there should be Bitcoin podcast unions</span> <span class="cue" id="t-425" data-t="425">to, like, hold their sponsors accountable for stuff like this.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-429">7:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-429" data-t="429">Absolutely. I think everybody deserves free swag if they're a sponsor. They're a the sponsored</span> <span class="cue" id="t-435" data-t="435">excuse me.</span> <span class="cue" id="t-437" data-t="437">We and we tried to we tried to renegotiate our contract with RealPlabs,</span> <span class="cue" id="t-442" data-t="442">and then we started getting all these sponsorship opportunities. Once this podcast took off, we could've made a lot of sats. But instead, we're kind of, know, we talked about this, and we've been stuck in the real Plaid only PodConv</span> <span class="cue" id="t-454" data-t="454">sponsorship agreement for five years till the next halving.</span> <span class="cue" id="t-458" data-t="458">And, if we had a union, we could probably get ourselves out of this terrible contract.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-465">7:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-465" data-t="465">Yeah. I mean, it's a bad contract, and and,</span> <span class="cue" id="t-470" data-t="470">I I think that that makes sense.</span> <span class="cue" id="t-472" data-t="472">Unions are are way to,</span> <span class="cue" id="t-475" data-t="475">to really, like, unite the the workers against the</span> <span class="cue" id="t-480" data-t="480">the the conference organizers</span> <span class="cue" id="t-482" data-t="482">and, you know, people like that, the companies.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-486">8:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-486" data-t="486">It is also</span> <span class="cue" id="t-487" data-t="487">a union would be good for</span> <span class="cue" id="t-489" data-t="489">talk toasters trying to get on, like, the</span> <span class="cue" id="t-492" data-t="492">the trending shows or the featured shows</span> <span class="cue" id="t-495" data-t="495">on FOUNTAIN you shouldn't just be able to get on there because you're</span> <span class="cue" id="t-500" data-t="500">a girl with a pretty face or because you're Odell</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-503">8:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-503" data-t="503">just because people like you everybody should get their podcast sponsored</span> <span class="cue" id="t-508" data-t="508">in the trending,</span> <span class="cue" id="t-510" data-t="510">this</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-512">8:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-512" data-t="512">the plow. Did you did you ever see that that thing that was circulating a while ago about it was a picture of Odell and somebody had turned him into a girl.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-523">8:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-523" data-t="523">Oh, yeah. They did that with Odell, with Taylor,</span> <span class="cue" id="t-527" data-t="527">with, Preston Pish, and several others. And, I mean, I don't know. Or I I wouldn't be surprised if they use those pictures just to get more followers,</span> <span class="cue" id="t-538" data-t="538">more, more attention on the podcast, just having a pretty face.</span> <span class="cue" id="t-542" data-t="542">I wouldn't it wouldn't put I wouldn't put a bounce in whatsoever.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-546">9:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-546" data-t="546">I I think,</span> <span class="cue" id="t-550" data-t="550">if Matt O'Dell was a girl,</span> <span class="cue" id="t-553" data-t="553">he'd be pretty hot,</span> <span class="cue" id="t-554" data-t="554">and we'd probably have hyperbitcoinization</span> <span class="cue" id="t-557" data-t="557">right away. Because, like, you look at how many people follow him, how many people like his Noster posts saying,</span> <span class="cue" id="t-563" data-t="563">say stumble stay humble, stack stats every single day. Imagine if that was a girl</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-571">9:31</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-571" data-t="571">in the sense of Twitter. You know?</span> <span class="cue" id="t-573" data-t="573">Imagine how much more humbly they would be stacking stats. It'd be crazy. We'd be we'd be at a 100 k right now, guaranteed, if Matt Odell was a girl.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-583">9:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-583" data-t="583">Absolutely. Everybody wants</span> <span class="cue" id="t-585" data-t="585">it to be a 100 k so they can get a girlfriend. If they just add the motivation</span> <span class="cue" id="t-589" data-t="589">of all the pretty girls telling them the stacks to us, maybe they would be more likely to have improved for us by now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-597">9:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-597" data-t="597">Yeah. I mean, there there's two types of influencers that people listen to.</span> <span class="cue" id="t-602" data-t="602">It's like the</span> <span class="cue" id="t-603" data-t="603">the super masculine influencers, the guys that</span> <span class="cue" id="t-606" data-t="606">that like Andrew Tate and the Liver King.</span> <span class="cue" id="t-610" data-t="610">Those types of influ Alex Fetzky. He's one of them that's like that.</span> <span class="cue" id="t-616" data-t="616">And then there's, like, the the cute girl influencers. And and, like, I guess Natalie Brunel kinda fits the the characterization</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">of that, but there's really not a lot</span> <span class="cue" id="t-627" data-t="627">not very many in Bitcoin. There's a lot more in crypto. It seems like that's where the the cute girl influencers are, like Crypto Finally</span> <span class="cue" id="t-635" data-t="635">and,</span> <span class="cue" id="t-637" data-t="637">Laura Shen.</span> <span class="cue" id="t-639" data-t="639">And</span> <span class="cue" id="t-640" data-t="640">yeah. That's not her tell her. Leah Helpern.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-643">10:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-643" data-t="643">I think that's how you said her name. She's got the,</span> <span class="cue" id="t-645" data-t="645">the English accent. He's super honest. She's with Pop a lot. She's always at the Bitcoin conference.</span> <span class="cue" id="t-651" data-t="651">But she you know? Yeah. Exactly. You make a good point. Look at all the pretty girls who are influencers</span> <span class="cue" id="t-656" data-t="656">in crypto and look how big the crypto community has become as a result. I mean, they do a lot of they do a lot of organic and and door to door, quote unquote,</span> <span class="cue" id="t-665" data-t="665">marketing. Like, the hot girls are in your your DMs asking you about your trading strategies. How's your grade going? Like, that that gets people's attention.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-675">11:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-675" data-t="675">Yeah. I mean, this is this is one of the big complaints at the at the having party was,</span> <span class="cue" id="t-680" data-t="680">like, a lot of the male influencers were feeling threatened because the we the women to to feed to male influencer ratio is, so high. There were a lot of women down there. So I think</span> <span class="cue" id="t-691" data-t="691">I think this is coming this cycle. Like, this is the cycle we get female influencers</span> <span class="cue" id="t-696" data-t="696">in Bitcoin,</span> <span class="cue" id="t-699" data-t="699">to bring all the hungry sims,</span> <span class="cue" id="t-702" data-t="702">with their $25,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-705">11:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-705" data-t="705">a week dollar cost average on Swan, and and this is the super cycle as a result.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-711">11:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-711" data-t="711">Yeah. Absolutely. I mean, look at last cycle.</span> <span class="cue" id="t-713" data-t="713">Swan had a Mila, Mila Captain, and they thought the DCA army, the Stackchain, the meme gangs, it works. It's it's a very effective strategy.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-725">12:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-725" data-t="725">She was responsible for that single handedly,</span> <span class="cue" id="t-728" data-t="728">Like, she created Stackchain.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-731">12:11</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-731" data-t="731">Pretty much.</span> <span class="cue" id="t-732" data-t="732">I don't</span> <span class="cue" id="t-734" data-t="734">they should put her on the on the Mount Rushmore of Stackchain when that finally</span> <span class="cue" id="t-739" data-t="739">when that finally gets erected like it should.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-743">12:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-743" data-t="743">So</span> <span class="cue" id="t-744" data-t="744">I think</span> <span class="cue" id="t-745" data-t="745">if I were Bitcoin Magazine right now, I'd be feeling pretty concerned about the lack of female influencers</span> <span class="cue" id="t-752" data-t="752">on staff compared to Swan.</span> <span class="cue" id="t-755" data-t="755">Swan Swan's a little bit overpowered in that in that department compared to Bitcoin Magazine.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-760">12:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-760" data-t="760">I think Bitcoin Magazine has Isabella.</span> <span class="cue" id="t-763" data-t="763">I think she she's kinda hit the scene pretty hard recently.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-767">12:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-767" data-t="767">Yeah.</span> <span class="cue" id="t-768" data-t="768">No. She's been she's been,</span> <span class="cue" id="t-771" data-t="771">covering a lot of, stuff about El Salvador, I think,</span> <span class="cue" id="t-775" data-t="775">and and different things and and getting the message out there to,</span> <span class="cue" id="t-780" data-t="780">to all all the people that need to hear from female influencers and are not,</span> <span class="cue" id="t-786" data-t="786">influenced as much by the masculine frame type people.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-789">13:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-789" data-t="789">Yeah. I mean, I think that,</span> <span class="cue" id="t-791" data-t="791">one one ways that female influencers can really have a big impact is,</span> <span class="cue" id="t-797" data-t="797">the ones that,</span> <span class="cue" id="t-798" data-t="798">recommend getting vaccinated I recently</span> <span class="cue" id="t-801" data-t="801">got,</span> <span class="cue" id="t-802" data-t="802">my fourteenth</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-804">13:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-804" data-t="804">vaccine,</span> <span class="cue" id="t-806" data-t="806">in my act which is stay compliant so but you may have known the bet or noticed the benefits</span> <span class="cue" id="t-811" data-t="811">of that vaccine as my voice has improved and I'm no longer sick. It finally got me over, this this bout of COVID.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-820">13:40</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-820" data-t="820">That's incredible. I I'm glad to hear that.</span> <span class="cue" id="t-823" data-t="823">Like, Dolly Parton, she did a great job of influencing the vaccine. I don't know if you heard her song.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-831">13:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-831" data-t="831">Oh, well, yeah. Yeah. Exactly.</span> <span class="cue" id="t-835" data-t="835">And Wait.</span> <span class="cue" id="t-836" data-t="836">And, if you like sports ball, Taylor Swift and Travis Kelce, they did a good job.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-842">14:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-842" data-t="842">Man, Taylor Swift is just like the the queen of the influencers.</span> <span class="cue" id="t-847" data-t="847">I mean, imagine.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-848">14:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-848" data-t="848">Yeah. If if you think about it, we talk about you've got the two kind of the dichotomy</span> <span class="cue" id="t-854" data-t="854">of the influencers. You got the Chads. You've got Inderjit, Liver King, Robert Breedlove,</span> <span class="cue" id="t-860" data-t="860">Hodel Mitchell,</span> <span class="cue" id="t-862" data-t="862">Svetsky,</span> <span class="cue" id="t-863" data-t="863">and then you've got</span> <span class="cue" id="t-864" data-t="864">way fewer</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-865">14:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-865" data-t="865">female</span> <span class="cue" id="t-867" data-t="867">influencers. But you if you look at all the other industries that are very successful, you've got, like I said, you've got Taylor Swift and Travis Kelce, you've got,</span> <span class="cue" id="t-875" data-t="875">got crypto and I think that's because the movie Barbie was correct. You have somebody either a Ken or somebody's either a Barbie and if you don't have those two,</span> <span class="cue" id="t-885" data-t="885">your industry community is kind of out of balance</span> <span class="cue" id="t-889" data-t="889">And if she's too poor to one side, that's why Bitcoin's been so full of men.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-894">14:54</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-894" data-t="894">Yeah. I mean, we we have a few tenant Barbies in our industry.</span> <span class="cue" id="t-899" data-t="899">There's Giacomo and his wife,</span> <span class="cue" id="t-901" data-t="901">and then there's the,</span> <span class="cue" id="t-903" data-t="903">there's Walker</span> <span class="cue" id="t-904" data-t="904">and Carla.</span> <span class="cue" id="t-907" data-t="907">And then I think Jessica Hodler is preparing her,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-912">15:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-912" data-t="912">husband</span> <span class="cue" id="t-913" data-t="913">to,</span> <span class="cue" id="t-914" data-t="914">for the spotlight of Bitcoin Twitter.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-916">15:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-916" data-t="916">His influencer debut.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-919">15:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-919" data-t="919">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-920">15:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-920" data-t="920">Yeah. And you've got Natalie and Sam.</span> <span class="cue" id="t-923" data-t="923">You've got quite a few.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-926">15:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-926" data-t="926">I mean, imagine imagine the rookie stock value of hiring Jessica Hodler's</span> <span class="cue" id="t-932" data-t="932">husband</span> <span class="cue" id="t-933" data-t="933">for your company on the on the influencer,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-937">15:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-937" data-t="937">open market that's gonna happen in Asheville in July. If you could find as a as a big one company, you could find a a an attractive young female single influencer or male.</span> <span class="cue" id="t-949" data-t="949">You hire them on the,</span> <span class="cue" id="t-952" data-t="952">you know, hoping that they'll find love. You end up getting two influencers for one. It's a good deal.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-958">15:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-958" data-t="958">Yeah. I mean, Swan really struck gold with Sam Callahan and Natalie. What what a power couple. Huge.</span> <span class="cue" id="t-967" data-t="967">That's one of the problems with with Bitcoin Magazine and and why I think people are upset about them is they just they don't have</span> <span class="cue" id="t-974" data-t="974">the influencer,</span> <span class="cue" id="t-976" data-t="976">like, romantic dynamics down like Swan does. Right. Right. I mean,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-980">16:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-980" data-t="980">they've gotta do something to change that, but it's gonna be kinda hard. Like, Shinobu knitting a girlfriend does anybody think that that's realistic? I don't think so I anyone wants to know</span> <span class="cue" id="t-992" data-t="992">about these guys that are single you gotta find some some new influence high high value influencers</span> <span class="cue" id="t-998" data-t="998">some some really high caliber ones</span> <span class="cue" id="t-1001" data-t="1001">So I think that they're really missing out on the love story.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1005">16:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1005" data-t="1005">I I don't think there's a single woman in the world that would consider going on Twitter spaces and arguing with Terrence Yang</span> <span class="cue" id="t-1012" data-t="1012">about CTV a romantic date.</span> <span class="cue" id="t-1017" data-t="1017">Maybe there's a handful.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1018">16:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1018" data-t="1018">But at the same time, you know,</span> <span class="cue" id="t-1022" data-t="1022">Sam Callahan and, and Natalie, they kind of bonded over our doing with Peter Bitt,</span> <span class="cue" id="t-1027" data-t="1027">you know, on podcasts. So</span> <span class="cue" id="t-1030" data-t="1030">nothing is impossible.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1032">17:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1032" data-t="1032">Yeah. I mean,</span> <span class="cue" id="t-1035" data-t="1035">it's</span> <span class="cue" id="t-1036" data-t="1036">I know a lot of people,</span> <span class="cue" id="t-1038" data-t="1038">were really, like, praying for Jessica Butler to find somebody.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1042">17:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1042" data-t="1042">I just wanted to say, I just thought of the perfect the perfect solution.</span> <span class="cue" id="t-1046" data-t="1046">It would be Shinobi and d plus plus</span> <span class="cue" id="t-1049" data-t="1049">They love spaces.</span> <span class="cue" id="t-1051" data-t="1051">They love</span> <span class="cue" id="t-1052" data-t="1052">preaching Bitcoin in spaces.</span> <span class="cue" id="t-1054" data-t="1054">Well, let's get them together.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1057">17:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1057" data-t="1057">But but does</span> <span class="cue" id="t-1058" data-t="1058">d plus plus enjoy arguing with Terrence?</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">There's only one way to find out.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1065">17:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1065" data-t="1065">Yeah. I mean, I I that that couple that match went through my head.</span> <span class="cue" id="t-1073" data-t="1073">Like, if this works out, do you think we should, like, charge them a bounty</span> <span class="cue" id="t-1076" data-t="1076">for figuring</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1077">17:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1077" data-t="1077">out? No. It it would be the perfect couple because</span> <span class="cue" id="t-1081" data-t="1081">Shinobi is really good at talking about technical stuff, but d plus plus could actually code. And I think that maybe that would just be like the opposites attract. You've got a space as communicator and and somebody who can code, and I think that</span> <span class="cue" id="t-1095" data-t="1095">that might really elevate</span> <span class="cue" id="t-1097" data-t="1097">the, you know, possibility of covenants,</span> <span class="cue" id="t-1100" data-t="1100">having somebody like that on the team?</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">Richard Greaser</b> <span class="cue" id="t-1102" data-t="1102">Yeah.</span> <span class="cue" id="t-1103" data-t="1103">Man,</span> <span class="cue" id="t-1105" data-t="1105">we'll have to talk about covenants in the future. I don't we've got too much of an agenda to get through today. But, yeah, it</span> <span class="cue" id="t-1111" data-t="1111">that's a great idea. I mean, I I I know Shinobi's trying. He he was taking,</span> <span class="cue" id="t-1117" data-t="1117">Jimmy Song's</span> <span class="cue" id="t-1118" data-t="1118">course to learn how to code in Python.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1121">18:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1121" data-t="1121">So he's definitely trying to get in his foot in the door into the Bitcoin development side of things,</span> <span class="cue" id="t-1128" data-t="1128">I moved past just sitting on Twitter spaces. But yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1131">18:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1131" data-t="1131">Yeah. Let me get he he was a noble journalist, but learning to code is something journalists should do.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1138">18:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1138" data-t="1138">Yeah.</span> <span class="cue" id="t-1139" data-t="1139">I</span> <span class="cue" id="t-1140" data-t="1140">I disagree with that. I think journalists should be one dimensional,</span> <span class="cue" id="t-1145" data-t="1145">and preserve</span> <span class="cue" id="t-1146" data-t="1146">like,</span> <span class="cue" id="t-1147" data-t="1147">it it's about verifying your sources accurately. That that's the way I see it. But I'm gonna die on this hill. I'm not gonna learn how to code.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1155">19:15</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1155" data-t="1155">I mean, by the time that I would even be competent in coding, Copilot will be able to do it for me anyways. So Sure. Yeah.</span> <span class="cue" id="t-1165" data-t="1165">I'm</span> <span class="cue" id="t-1167" data-t="1167">I I will die on that hill.</span> <span class="cue" id="t-1169" data-t="1169">Journalist,</span> <span class="cue" id="t-1171" data-t="1171">if if the world gets to the point where journalists are having to learn how to code,</span> <span class="cue" id="t-1178" data-t="1178">it it means that it's the end of the world. Like, there's nothing else to look forward to after that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1184">19:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1184" data-t="1184">Maybe that's the one time the gold bugs will will shine.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1189">19:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1189" data-t="1189">Yeah. I mean, could you imagine how depressing it would be living in a world where</span> <span class="cue" id="t-1194" data-t="1194">these these boomers that have been bitching about the Federal Reserve and doing absolutely nothing</span> <span class="cue" id="t-1200" data-t="1200">and underperforming inflation for decades,</span> <span class="cue" id="t-1204" data-t="1204">were right</span> <span class="cue" id="t-1205" data-t="1205">all along.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1206">20:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1206" data-t="1206">Like, how depressing would that be? That's not this future I want. I mean, that that's that's, fatalism that's giving up.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1214">20:14</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1214" data-t="1214">Yeah. Well, that that segues into the other sponsor, that I wanted to mention real briefly. I mean, we don't have to say a whole lot about them because everybody knows who they are, but it's the,</span> <span class="cue" id="t-1224" data-t="1224">the IRS.</span> <span class="cue" id="t-1225" data-t="1225">And, I think the only,</span> <span class="cue" id="t-1228" data-t="1228">the only future where gold bugs are correct are if people don't comply</span> <span class="cue" id="t-1234" data-t="1234">and NGU doesn't happen. That's that's the only way that could happen. But, you know, the IRS,</span> <span class="cue" id="t-1240" data-t="1240">said,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1241">20:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1241" data-t="1241">they wanted us to say real quick that there's been they've been having a lot of issues collecting taxes. A lot of people are are</span> <span class="cue" id="t-1249" data-t="1249">understandably frustrated with where things are,</span> <span class="cue" id="t-1252" data-t="1252">at right now.</span> <span class="cue" id="t-1254" data-t="1254">There's a lot of parts of government that aren't functioning quite well yet because Dennis Porter hasn't, fixed it and orange peeled them.</span> <span class="cue" id="t-1261" data-t="1261">And so they're still operating on a Fiat standard, but they're trying to they're trying to shift that from the inside. And the IRS said,</span> <span class="cue" id="t-1269" data-t="1269">they're making paying taxes,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1272">21:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1272" data-t="1272">not not any easier than normal, but they they still wanna encourage people to pay taxes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1278">21:18</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1278" data-t="1278">Yeah. And I think, the only thing I the comments I really have about the IRS and and and taxes and how to solve these problems</span> <span class="cue" id="t-1286" data-t="1286">is that we need more</span> <span class="cue" id="t-1288" data-t="1288">of those third party integrations that they just connect right into your Coinbase account</span> <span class="cue" id="t-1293" data-t="1293">or your lightning,</span> <span class="cue" id="t-1295" data-t="1295">your lightning node, and they just report immediately every transaction you make directly to the IRS. It's a user experience problem. We just have to increase the user experience</span> <span class="cue" id="t-1304" data-t="1304">and the ease of reporting your income and your capital gains to the IRS as quickly as possible</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1311">21:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1311" data-t="1311">with this, you know, as little,</span> <span class="cue" id="t-1313" data-t="1313">thought required on your part.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1317">21:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1317" data-t="1317">Well,</span> <span class="cue" id="t-1318" data-t="1318">I think this is, like, one of the exciting features about</span> <span class="cue" id="t-1322" data-t="1322">integrating Tether and USDC</span> <span class="cue" id="t-1325" data-t="1325">more into the Bitcoin sphere</span> <span class="cue" id="t-1327" data-t="1327">is that</span> <span class="cue" id="t-1328" data-t="1328">it's gonna make</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">them being able to see how much we owe in taxes easier and for us to send them taxes easier.</span> <span class="cue" id="t-1337" data-t="1337">So that's good.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1339">22:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1339" data-t="1339">Yeah. It it reduces the friction between</span> <span class="cue" id="t-1343" data-t="1343">Yacht and and Bitcoin</span> <span class="cue" id="t-1345" data-t="1345">in the sense of of seeing exactly where your transactions happened on the Well, she can well, so that it's, like, very easy for you to notice and for anybody else to know. She don't even there's no way you could even deny</span> <span class="cue" id="t-1358" data-t="1358">that,</span> <span class="cue" id="t-1359" data-t="1359">that you made that transaction because it would be so well covered.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1363">22:43</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1363" data-t="1363">Yeah. I mean, this is one of my complaints for Oscar Mary. So, like,</span> <span class="cue" id="t-1368" data-t="1368">you know, it's kinda hard to calculate,</span> <span class="cue" id="t-1371" data-t="1371">taxes,</span> <span class="cue" id="t-1373" data-t="1373">on Fountain</span> <span class="cue" id="t-1374" data-t="1374">based on what our</span> <span class="cue" id="t-1376" data-t="1376">our listeners,</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">donate to us.</span> <span class="cue" id="t-1380" data-t="1380">And</span> <span class="cue" id="t-1382" data-t="1382">they Fountain could could definitely improve on that,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1387">23:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1387" data-t="1387">substantially. If if if I could just</span> <span class="cue" id="t-1390" data-t="1390">even add something that shows the USD</span> <span class="cue" id="t-1393" data-t="1393">the US dollar value of the SAS at the time that they were received</span> <span class="cue" id="t-1398" data-t="1398">as they were streaming in. So every single SAS that streams in, like, is as an accompanying,</span> <span class="cue" id="t-1404" data-t="1404">planter</span> <span class="cue" id="t-1405" data-t="1405">to the US dollar value,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1407">23:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1407" data-t="1407">not only would it make it easier to report our taxes, it would also make it easier to to know</span> <span class="cue" id="t-1412" data-t="1412">when it's valuable</span> <span class="cue" id="t-1415" data-t="1415">to to have a podcast and to publish a new podcast, and why you should hold that back?</span> <span class="cue" id="t-1419" data-t="1419">You you can see that US dollar value and really make it more kind of an efficient process.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1425">23:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1425" data-t="1425">Well, I think I think the efficient process</span> <span class="cue" id="t-1429" data-t="1429">would be pretty interesting</span> <span class="cue" id="t-1430" data-t="1430">would be for</span> <span class="cue" id="t-1432" data-t="1432">like, Fountain to deduce what the dollar amount</span> <span class="cue" id="t-1436" data-t="1436">per episode is and auto adjust the splits</span> <span class="cue" id="t-1440" data-t="1440">to send</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1442">24:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1442" data-t="1442">Bitcoin</span> <span class="cue" id="t-1443" data-t="1443">to the IRS. But but in the process,</span> <span class="cue" id="t-1446" data-t="1446">it could auto convert into USDT, so it's settled in US dollars instead of Bitcoin. I'm sure the IRS would be more happy about that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1454">24:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1454" data-t="1454">And I while I totally agree with that, I guess my</span> <span class="cue" id="t-1458" data-t="1458">my vision</span> <span class="cue" id="t-1459" data-t="1459">is a little bit more like, the miners,</span> <span class="cue" id="t-1462" data-t="1462">in their rule with balancing the grid in Texas,</span> <span class="cue" id="t-1465" data-t="1465">it would be more of a,</span> <span class="cue" id="t-1467" data-t="1467">way to balance</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1468">24:28</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1468" data-t="1468">the the podcasting grid. So when there's too much podcast,</span> <span class="cue" id="t-1472" data-t="1472">audio, too much podcast or content available on the market,</span> <span class="cue" id="t-1477" data-t="1477">the the value goes negative and you have these incentives to come in to start,</span> <span class="cue" id="t-1482" data-t="1482">to to have less</span> <span class="cue" id="t-1484" data-t="1484">podcast content</span> <span class="cue" id="t-1486" data-t="1486">in times when there's too much and dial it back, and it helps to be more efficient as a podcaster.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1492">24:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1492" data-t="1492">Interesting. Do you have any examples?</span> <span class="cue" id="t-1494" data-t="1494">Like, this would be an interesting segment to do on the show regularly,</span> <span class="cue" id="t-1498" data-t="1498">is to do, like, kinda, like, the macro overview of Bitcoin podcast.</span> <span class="cue" id="t-1503" data-t="1503">Do you have any examples of when the podcast market went negative?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1508">25:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1508" data-t="1508">I think it was it was sometime around</span> <span class="cue" id="t-1511" data-t="1511">at the ETFs I think as soon as the ETFs were approved just a flood</span> <span class="cue" id="t-1517" data-t="1517">of Bitcoin content</span> <span class="cue" id="t-1519" data-t="1519">advertising,</span> <span class="cue" id="t-1521" data-t="1521">people arguing about the ETFs if you should buy them, if you should not buy them which ETF you should buy. There's just so much. There was a flood of content. I think that's when the signal went negative.</span> <span class="cue" id="t-1532" data-t="1532">So I think that right now, we're still working. You then you got rooms. You got that maven. There's just so much, podcasters and so many influencers trying to capture your attention, and you only have so much attention you can feed it. And I think that, right now, it's it's very hard to find the signal if you're not hearing,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1549">25:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1549" data-t="1549">podcast content from millennial journalists with,</span> <span class="cue" id="t-1553" data-t="1553">bachelor's in journalism degrees.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1556">25:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1556" data-t="1556">So so what you're saying essentially is there's almost like a spam function because there's no block size limit</span> <span class="cue" id="t-1562" data-t="1562">on the amount of Bitcoin podcasts there are. Right. And so Yeah. There's exactly.</span> <span class="cue" id="t-1568" data-t="1568">And so untrained individuals enter the market and start</span> <span class="cue" id="t-1572" data-t="1572">spewing a lot of</span> <span class="cue" id="t-1574" data-t="1574">misinformation,</span> <span class="cue" id="t-1576" data-t="1576">and so individuals can't determine the signal</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1580">26:20</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1580" data-t="1580">in all the noise.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1582">26:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1582" data-t="1582">This is this is why I think personally that instead of minting</span> <span class="cue" id="t-1586" data-t="1586">JPEGs or BRC20s,</span> <span class="cue" id="t-1587" data-t="1587">we should be able to use the the witness data to,</span> <span class="cue" id="t-1592" data-t="1592">to publish our podcast.</span> <span class="cue" id="t-1594" data-t="1594">So that way, you would know that only the most important podcasts were the ones that were getting in every at any given block. However,</span> <span class="cue" id="t-1601" data-t="1601">it's a very controversial statement.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1605">26:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1605" data-t="1605">Yeah. Well, I mean, all all those space block space that ordinals are taking up are competing with</span> <span class="cue" id="t-1611" data-t="1611">being able to use Tether on chain,</span> <span class="cue" id="t-1614" data-t="1614">which would be great in certain circumstances. Like, if I was a miner, I would</span> <span class="cue" id="t-1619" data-t="1619">want to be able to send,</span> <span class="cue" id="t-1622" data-t="1622">the IRS</span> <span class="cue" id="t-1624" data-t="1624">Tether on chain</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1626">27:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1626" data-t="1626">instead of having to use it on Lightning or Liquid.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1629">27:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1629" data-t="1629">Right. Yeah. I mean, it's much much more secure.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1633">27:13</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1633" data-t="1633">Yeah. Much more secure,</span> <span class="cue" id="t-1635" data-t="1635">they're dealing in larger amounts. I mean, miners</span> <span class="cue" id="t-1638" data-t="1638">are are, you know, they have a lot of money. It's just yep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1642">27:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1642" data-t="1642">I know every everybody who uses Lightning and custodial solutions, they're they're making a rational choice because the fees by using those services are lower.</span> <span class="cue" id="t-1652" data-t="1652">However,</span> <span class="cue" id="t-1653" data-t="1653">if you have because of this reason,</span> <span class="cue" id="t-1656" data-t="1656">nobody wants to use the settlement layer of Bitcoin</span> <span class="cue" id="t-1660" data-t="1660">except for these shitcoiners.</span> <span class="cue" id="t-1661" data-t="1661">So they're just they're bidding up the prices so high. But if you had the ability to settle,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1667">27:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1667" data-t="1667">by now that you could get</span> <span class="cue" id="t-1669" data-t="1669">perfect settlement of Tether on the Bitcoin blockchain, I think that would be very popular. I think a lot of people would be willing to pay the miners for that settlement,</span> <span class="cue" id="t-1679" data-t="1679">security.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1681">28:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1681" data-t="1681">Yeah. And I I think it's like</span> <span class="cue" id="t-1683" data-t="1683">like</span> <span class="cue" id="t-1685" data-t="1685">we try we as journalists, we try to be very neutral on the subject. We try to be fair and balanced here. But there's there's no way around</span> <span class="cue" id="t-1692" data-t="1692">even David Bailey, the king of ordinals himself, explains that ordinals is degeneracy and it's shit coining.</span> <span class="cue" id="t-1701" data-t="1701">But</span> <span class="cue" id="t-1702" data-t="1702">stablecoins</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1703">28:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1703" data-t="1703">aren't necessarily</span> <span class="cue" id="t-1704" data-t="1704">shit coining because</span> <span class="cue" id="t-1706" data-t="1706">they are actually promoting Bitcoin adoption</span> <span class="cue" id="t-1710" data-t="1710">and bringing new people to Bitcoin that wouldn't be there before.</span> <span class="cue" id="t-1715" data-t="1715">They're they're attracting people from using</span> <span class="cue" id="t-1719" data-t="1719">protocols like Tron and Ethereum,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1721">28:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1721" data-t="1721">to use Bitcoin instead.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1723">28:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1723" data-t="1723">And so it's bringing a lot of new individuals to the Bitcoin network. And not only not only people, I mean, from Tron and from Ethereum.</span> <span class="cue" id="t-1731" data-t="1731">I mean, we're</span> <span class="cue" id="t-1732" data-t="1732">talking, BlackRock we're talking some of the biggest asset managers, US banks</span> <span class="cue" id="t-1737" data-t="1737">even the INR</span> <span class="cue" id="t-1739" data-t="1739">are looking now at using the Bitcoin blockchain</span> <span class="cue" id="t-1743" data-t="1743">because of the possibility,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1744">29:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1744" data-t="1744">the potential</span> <span class="cue" id="t-1746" data-t="1746">to settle</span> <span class="cue" id="t-1747" data-t="1747">Tether</span> <span class="cue" id="t-1748" data-t="1748">on chain.</span> <span class="cue" id="t-1749" data-t="1749">And this is huge. This is how this is how we get NGU.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1754">29:14</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1754" data-t="1754">Yeah. I know. We we have we have to thank Sampson, Mao, and Dennis Porter for the hard work out there. You know, Dennis was orange peeling,</span> <span class="cue" id="t-1763" data-t="1763">the IMF, and and,</span> <span class="cue" id="t-1766" data-t="1766">Sampson has been all over the world in orange peeling all sorts of different politicians all over the place.</span> <span class="cue" id="t-1772" data-t="1772">And,</span> <span class="cue" id="t-1774" data-t="1774">yeah, they're they're bringing NGU through compliance,</span> <span class="cue" id="t-1777" data-t="1777">through dollars on Bitcoin.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1780">29:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1780" data-t="1780">That's pretty great. We're No. I mean, it yeah. The more that we can encourage and invite</span> <span class="cue" id="t-1786" data-t="1786">politicians,</span> <span class="cue" id="t-1788" data-t="1788">central bankers, the federal reserve,</span> <span class="cue" id="t-1790" data-t="1790">the CIA, all of these government organizations, the more they're looking at Bitcoin, the more they're looking at the blockchain, the more that they're looking at our transactions, the better they'll understand it. And every everybody kind of knows instinctively in the Bitcoin community that</span> <span class="cue" id="t-1805" data-t="1805">the people criticize Bitcoin it's because they don't understand it or they try to make it illegal. It's because they don't understand it. But I think that the more you have the government and these agencies</span> <span class="cue" id="t-1815" data-t="1815">looking at and understanding Bitcoin,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1818">30:18</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1818" data-t="1818">you know, the better it is than</span> <span class="cue" id="t-1821" data-t="1821">for all of us.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1824">30:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1824" data-t="1824">Well, I I think this is something that organizations</span> <span class="cue" id="t-1827" data-t="1827">like PodCon have been working on is they're trying to,</span> <span class="cue" id="t-1832" data-t="1832">you know,</span> <span class="cue" id="t-1834" data-t="1834">influence the conferences</span> <span class="cue" id="t-1835" data-t="1835">to have more authoritative</span> <span class="cue" id="t-1837" data-t="1837">speakers.</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">Like,</span> <span class="cue" id="t-1839" data-t="1839">why why are we having</span> <span class="cue" id="t-1841" data-t="1841">people like RFK Junior speak at conferences</span> <span class="cue" id="t-1848" data-t="1848">cryptocurrency industry. And and kind of the same thing for, like, a lot of these goofball podcasters that that don't have journalistic experience. Like, the Bloomberg guy should be there.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1859">30:59</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1859" data-t="1859">Right. Yeah. I mean, we should have</span> <span class="cue" id="t-1861" data-t="1861">Wall Street bankers. We should have government regulators. We should have vetted economists.</span> <span class="cue" id="t-1866" data-t="1866">Like, they understand</span> <span class="cue" id="t-1869" data-t="1869">the value here, and they can provide a lot of signal</span> <span class="cue" id="t-1873" data-t="1873">to the audiences</span> <span class="cue" id="t-1874" data-t="1874">to see how we how we connect these two financial systems into one.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1879">31:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1879" data-t="1879">Yeah.</span> <span class="cue" id="t-1880" data-t="1880">Yeah. I mean, Michael Michael Saylor</span> <span class="cue" id="t-1883" data-t="1883">should be assembling</span> <span class="cue" id="t-1886" data-t="1886">lists</span> <span class="cue" id="t-1887" data-t="1887">of all the people he's hanging out with on his yacht,</span> <span class="cue" id="t-1893" data-t="1893">from the traditional world of finance that is get that he's orange pilling and get him that he should set the speaker list for these conferences</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1901">31:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1901" data-t="1901">himself.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1902">31:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1902" data-t="1902">Absolutely. Absolutely.</span> <span class="cue" id="t-1904" data-t="1904">And, like, you know,</span> <span class="cue" id="t-1905" data-t="1905">he should have to KYC.</span> <span class="cue" id="t-1908" data-t="1908">Every every speaker should be KYC. It should be made public.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1913">31:53</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1913" data-t="1913">Yeah. Speaker should KYC. I mean,</span> <span class="cue" id="t-1916" data-t="1916">like, city Citibank did this with the with the Obama administration.</span> <span class="cue" id="t-1920" data-t="1920">They they picked his,</span> <span class="cue" id="t-1923" data-t="1923">his cabinet for him. And, like, Michael Saylor is the king of PodCon, so why shouldn't he be,</span> <span class="cue" id="t-1930" data-t="1930">picking the list?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1932">32:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1932" data-t="1932">Right. I mean, if</span> <span class="cue" id="t-1934" data-t="1934">if we're going to KYC</span> <span class="cue" id="t-1936" data-t="1936">people for</span> <span class="cue" id="t-1937" data-t="1937">communicating with each other</span> <span class="cue" id="t-1940" data-t="1940">in a monetary sense or a digital sense.</span> <span class="cue" id="t-1942" data-t="1942">There should be the same type</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">of regulation</span> <span class="cue" id="t-1947" data-t="1947">and constraint</span> <span class="cue" id="t-1948" data-t="1948">and oversight</span> <span class="cue" id="t-1950" data-t="1950">in terms of who's communicating at conferences.</span> <span class="cue" id="t-1953" data-t="1953">It should be selected by the the most knowledgeable,</span> <span class="cue" id="t-1957" data-t="1957">the most compliant,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1959">32:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1959" data-t="1959">individuals.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1962">32:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1962" data-t="1962">I it's kind of astounding</span> <span class="cue" id="t-1964" data-t="1964">that it isn't already there,</span> <span class="cue" id="t-1966" data-t="1966">and it it's just part of an industry maturing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1970">32:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1970" data-t="1970">is getting Right. Getting things like this. And understanding their responsibility to the public.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1976">32:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1976" data-t="1976">Yeah.</span> <span class="cue" id="t-1977" data-t="1977">Like, Bitcoin Bitcoin's already older than what Calvin Air is interested in.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1983">33:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1983" data-t="1983">It's crazy to think about.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1985">33:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1985" data-t="1985">Yeah. And it's just gonna continue to get older and older and older and more mature.</span> <span class="cue" id="t-1992" data-t="1992">But, you know,</span> <span class="cue" id="t-1996" data-t="1996">I'm kinda curious how you wanna get through the rest of these topics because I I feel like we're we're just</span> <span class="cue" id="t-2002" data-t="2002">we're we're free flowing the news,</span> <span class="cue" id="t-2005" data-t="2005">here.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2010">33:30</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-2010" data-t="2010">As the president of El Salvador,</span> <span class="cue" id="t-2012" data-t="2012">I am pleased to announce that El Salvador has succeeded in its efforts to eradicate</span> <span class="cue" id="t-2018" data-t="2018">noncompliance.</span> <span class="cue" id="t-2020" data-t="2020">Since I took office over four years ago,</span> <span class="cue" id="t-2023" data-t="2023">I have made compliance my number one priority.</span> <span class="cue" id="t-2027" data-t="2027">Bitcoin has been a critical tool and a major part of our strategy</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2032">33:52</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-2032" data-t="2032">to root out non compliant actors</span> <span class="cue" id="t-2035" data-t="2035">in an effort to improve</span> <span class="cue" id="t-2037" data-t="2037">the lives</span> <span class="cue" id="t-2038" data-t="2038">of all compliant</span> <span class="cue" id="t-2040" data-t="2040">Salvadorans.</span> <span class="cue" id="t-2042" data-t="2042">Now that we have succeeded,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2045">34:05</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-2045" data-t="2045">I'm excited to open up El Salvador</span> <span class="cue" id="t-2047" data-t="2047">to compliant Bitcoiners from around the world.</span> <span class="cue" id="t-2051" data-t="2051">That's why we're offering</span> <span class="cue" id="t-2052" data-t="2052">5,000</span> <span class="cue" id="t-2053" data-t="2053">free</span> <span class="cue" id="t-2054" data-t="2054">passports,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2055">34:15</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-2055" data-t="2055">equivalent</span> <span class="cue" id="t-2056" data-t="2056">to $5,000,000,000</span> <span class="cue" id="t-2058" data-t="2058">in our passport program</span> <span class="cue" id="t-2060" data-t="2060">to highly compliant scientists,</span> <span class="cue" id="t-2062" data-t="2062">engineers,</span> <span class="cue" id="t-2063" data-t="2063">doctors,</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">Unknown</b> <span class="cue" id="t-2064" data-t="2064">artists, and philosophers</span> <span class="cue" id="t-2066" data-t="2066">from abroad.</span> <span class="cue" id="t-2068" data-t="2068">Despite the small number,</span> <span class="cue" id="t-2070" data-t="2070">their contributions will have a huge impact</span> <span class="cue" id="t-2073" data-t="2073">on our society</span> <span class="cue" id="t-2074" data-t="2074">and the future of our country.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2078">34:38</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-2078" data-t="2078">Plus, we will facilitate their relocation</span> <span class="cue" id="t-2080" data-t="2080">by ensuring 0%</span> <span class="cue" id="t-2081" data-t="2081">taxes</span> <span class="cue" id="t-2082" data-t="2082">and tariffs</span> <span class="cue" id="t-2083" data-t="2083">on moving families and assets.</span> <span class="cue" id="t-2085" data-t="2085">If you're a Bitcoiner,</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">Unknown</b> <span class="cue" id="t-2087" data-t="2087">a real plan. Or you just understand the importance and value of compliance,</span> <span class="cue" id="t-2091" data-t="2091">check out El Salvador</span> <span class="cue" id="t-2092" data-t="2092">Salvador and learn about the benefits of living</span> <span class="cue" id="t-2095" data-t="2095">in the world's most compliant</span> <span class="cue" id="t-2098" data-t="2098">sovereign country.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2100">35:00</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2100" data-t="2100">I think I think we should talk about El Salvador. What do you think? I think they're the perfect segue way.</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">Rod Palmer</b> <span class="cue" id="t-2106" data-t="2106">We've already we've been mentioned the adding party, which happened a few weeks ago. The adding just happened.</span> <span class="cue" id="t-2111" data-t="2111">So all the adding parties are over,</span> <span class="cue" id="t-2113" data-t="2113">but,</span> <span class="cue" id="t-2115" data-t="2115">my El Salvador is still there. El Salvador is still improving and and, becoming enrolling and becoming a better place for Bitcoiners. So what's,</span> <span class="cue" id="t-2123" data-t="2123">what's new with them?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2126">35:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2126" data-t="2126">Well,</span> <span class="cue" id="t-2128" data-t="2128">I know you know a little bit more about the story than I do, but,</span> <span class="cue" id="t-2133" data-t="2133">we're talking before the episode, and you were saying that</span> <span class="cue" id="t-2136" data-t="2136">EKaley has announced that he's eradicated</span> <span class="cue" id="t-2139" data-t="2139">noncompliance</span> <span class="cue" id="t-2140" data-t="2140">in the company or or in the country.</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">Rod Palmer</b> <span class="cue" id="t-2142" data-t="2142">And that's pretty incredible.</span> <span class="cue" id="t-2144" data-t="2144">It is pretty incredible. I mean, he he only took over a little over four years ago. He's made it the goal to reduce non compliance to eradicate it in some senses</span> <span class="cue" id="t-2154" data-t="2154">they've built new facilities</span> <span class="cue" id="t-2157" data-t="2157">to,</span> <span class="cue" id="t-2158" data-t="2158">to handle the non compliant</span> <span class="cue" id="t-2160" data-t="2160">and it's made it's just made</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2163">36:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2163" data-t="2163">improvements</span> <span class="cue" id="t-2164" data-t="2164">that are really hard to measure, but</span> <span class="cue" id="t-2167" data-t="2167">some of them are easy to measure. It's the amount of crime and violence that's taken place in in El Salvador since he's taken over is really evidence</span> <span class="cue" id="t-2174" data-t="2174">of the</span> <span class="cue" id="t-2176" data-t="2176">effects the positive effect that,</span> <span class="cue" id="t-2178" data-t="2178">compliance and the compliance</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2180">36:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2180" data-t="2180">valuing society,</span> <span class="cue" id="t-2182" data-t="2182">can have for a country as a as a whole.</span> <span class="cue" id="t-2185" data-t="2185">And they're</span> <span class="cue" id="t-2187" data-t="2187">they're willing to offer now,</span> <span class="cue" id="t-2189" data-t="2189">because they have</span> <span class="cue" id="t-2191" data-t="2191">fewer citizens</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2192">36:32</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2192" data-t="2192">as a result of eradicating multipliers.</span> <span class="cue" id="t-2195" data-t="2195">They're looking to open up their borders to compliant philosophers, scientists, mathematicians,</span> <span class="cue" id="t-2200" data-t="2200">doctors,</span> <span class="cue" id="t-2201" data-t="2201">artists</span> <span class="cue" id="t-2202" data-t="2202">from all over the world who want to come and, replace</span> <span class="cue" id="t-2206" data-t="2206">replace the people in the country</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2207">36:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2207" data-t="2207">that lost to noncompliance.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2211">36:51</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2211" data-t="2211">Do you do you think he's looking for journalists?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2215">36:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2215" data-t="2215">I think I</span> <span class="cue" id="t-2216" data-t="2216">I think they lost a lot of journalists</span> <span class="cue" id="t-2218" data-t="2218">in El Salvador</span> <span class="cue" id="t-2219" data-t="2219">during, B. K. Lee's reign. So I think that there's a probably a huge opportunity,</span> <span class="cue" id="t-2224" data-t="2224">compliant journalists, to make a name for themselves in El Salvador.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2228">37:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2228" data-t="2228">Wow.</span> <span class="cue" id="t-2229" data-t="2229">We'll we'll have to keep that on our radar. I know,</span> <span class="cue" id="t-2234" data-t="2234">it'd be a big move to move from New York, but so many many people have already.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2241">37:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2241" data-t="2241">Yeah. I mean, it used to be the other way around people with poor male salaries to come to New York.</span> <span class="cue" id="t-2246" data-t="2246">But now it's it's reversing.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2250">37:30</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2250" data-t="2250">Yeah. I mean, there's this book that,</span> <span class="cue" id="t-2252" data-t="2252">Matt Odell</span> <span class="cue" id="t-2253" data-t="2253">references a lot called The Mandibles</span> <span class="cue" id="t-2256" data-t="2256">that describes that.</span> <span class="cue" id="t-2257" data-t="2257">And, like,</span> <span class="cue" id="t-2259" data-t="2259">you know, if you haven't read the book,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2262">37:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2262" data-t="2262">you're like Marty Bent.</span> <span class="cue" id="t-2265" data-t="2265">But if you have, you understand,</span> <span class="cue" id="t-2267" data-t="2267">like, the potential</span> <span class="cue" id="t-2268" data-t="2268">future The United States could experience</span> <span class="cue" id="t-2271" data-t="2271">and</span> <span class="cue" id="t-2272" data-t="2272">how the only way to avoid that is to comply.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2276">37:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2276" data-t="2276">Like, we have to comply our way out or else it's just gonna be devastation.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2281">38:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2281" data-t="2281">Yeah. I mean, that's like I said, the reason so many people used to go from El Salvador to New York was the compliance.</span> <span class="cue" id="t-2288" data-t="2288">And now New York is a is a haven of noncompliance,</span> <span class="cue" id="t-2291" data-t="2291">and people who value compliance are trying to flee, and they're trying to go to a place that it cares about,</span> <span class="cue" id="t-2298" data-t="2298">NGU and its and its citizen safety.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2302">38:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2302" data-t="2302">Yeah. Like,</span> <span class="cue" id="t-2304" data-t="2304">when when I'm looking at a place to live,</span> <span class="cue" id="t-2307" data-t="2307">I want I want a place</span> <span class="cue" id="t-2310" data-t="2310">that I know that my Kia isn't gonna get stolen.</span> <span class="cue" id="t-2314" data-t="2314">And that's</span> <span class="cue" id="t-2315" data-t="2315">that's something I have to consider. Like, you know, New York, there's a lot of noncompliant Kia thieves, and I don't think there is in El Salvador.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2323">38:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2323" data-t="2323">Yeah. They think another thing to look at from a journalist perspective is you wanna move to a country that has high standards for their journalists. You don't want a country where anybody can be a journalist. If you have just this country where anybody's allowed to be a journalist, you end up with tons of misinformation.</span> <span class="cue" id="t-2338" data-t="2338">If you end up with a country that has very high standards for who is even allowed to be a journalist and has access</span> <span class="cue" id="t-2345" data-t="2345">to the power</span> <span class="cue" id="t-2346" data-t="2346">in a country like that. You you know that the signal coming from those journalists and how to find them,</span> <span class="cue" id="t-2352" data-t="2352">and you can trust the information they're reporting.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2356">39:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2356" data-t="2356">Oh, yeah. I mean, it's</span> <span class="cue" id="t-2358" data-t="2358">the bar has been set so low, and it it's the result of the Internet</span> <span class="cue" id="t-2363" data-t="2363">because</span> <span class="cue" id="t-2364" data-t="2364">the way people used to go get their news is there's a few,</span> <span class="cue" id="t-2369" data-t="2369">a few channels on the TV</span> <span class="cue" id="t-2371" data-t="2371">and and newspapers.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2374">39:34</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2374" data-t="2374">Like, people would even go to the movie theater to watch the news. And so the news was only presented to people by,</span> <span class="cue" id="t-2380" data-t="2380">real journalists. And as the market expanded, lower quality products were,</span> <span class="cue" id="t-2386" data-t="2386">allowed to come to market.</span> <span class="cue" id="t-2388" data-t="2388">And and the Internet gave anybody</span> <span class="cue" id="t-2391" data-t="2391">the empowered who can run a website the ability</span> <span class="cue" id="t-2394" data-t="2394">to have a blog and and write whatever nonsense they wanted to.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2398">39:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2398" data-t="2398">And so you get all these conspiracy theorists out there saying things like,</span> <span class="cue" id="t-2402" data-t="2402">you can't comply your way out, and you shouldn't pay your taxes, and you should, use products,</span> <span class="cue" id="t-2409" data-t="2409">that are non KYC. And it's just it's absurd to me. It's just it's so anti n g u.</span> <span class="cue" id="t-2415" data-t="2415">It's it's Yeah. It's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2418">40:18</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2418" data-t="2418">in the in in the real traditional</span> <span class="cue" id="t-2420" data-t="2420">professional,</span> <span class="cue" id="t-2422" data-t="2422">journalism</span> <span class="cue" id="t-2423" data-t="2423">degree</span> <span class="cue" id="t-2424" data-t="2424">requiring industry, there's a thing that you probably heard before called press credentials</span> <span class="cue" id="t-2429" data-t="2429">and that's so important. You need to have press credentials if your</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2433">40:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2433" data-t="2433">journalism is going to be high quality and I think the internet and blogs and podcasts and Twitter, all of these sources</span> <span class="cue" id="t-2442" data-t="2442">that allow people without press credentials</span> <span class="cue" id="t-2444" data-t="2444">to report news and to report information</span> <span class="cue" id="t-2447" data-t="2447">is what is so damaging and confusing to people.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2452">40:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2452" data-t="2452">Well, they they do such a good job of this in Davos every year where people without the proper press credentials,</span> <span class="cue" id="t-2458" data-t="2458">get get stopped. Like, the the police just don't put up with it.</span> <span class="cue" id="t-2463" data-t="2463">They they understand</span> <span class="cue" id="t-2465" data-t="2465">how to keep the signal pure, and it's really fortunate.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2469">41:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2469" data-t="2469">It's that's just that's really just a</span> <span class="cue" id="t-2472" data-t="2472">consequence of</span> <span class="cue" id="t-2474" data-t="2474">taking compliance seriously.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2477">41:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2477" data-t="2477">Yeah.</span> <span class="cue" id="t-2478" data-t="2478">Yeah. I mean, like,</span> <span class="cue" id="t-2480" data-t="2480">these these Bitcoiners are so silly because they they want they want their freedom. Right?</span> <span class="cue" id="t-2485" data-t="2485">They're all about freedom, but they forget that</span> <span class="cue" id="t-2488" data-t="2488">the constitution,</span> <span class="cue" id="t-2489" data-t="2489">the bill of rights, the first amendment protects compliance.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2493">41:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2493" data-t="2493">And that's the first amendment.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2496">41:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2496" data-t="2496">Right. It's the number one they made. And I think I don't know. Maybe</span> <span class="cue" id="t-2500" data-t="2500">maybe we just need to rebrand</span> <span class="cue" id="t-2503" data-t="2503">compliance to make it ghoul I think it's</span> <span class="cue" id="t-2506" data-t="2506">I just don't think it's cool I don't think people,</span> <span class="cue" id="t-2510" data-t="2510">want to be known as compliant I think there's just this rebellious</span> <span class="cue" id="t-2514" data-t="2514">attitude that people have grown up with that it just makes it hard to get people</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2520">41:60</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2520" data-t="2520">to to comply.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2522">42:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2522" data-t="2522">Yep. I mean, it it there there has to be there has to be cultural shifts.</span> <span class="cue" id="t-2527" data-t="2527">Like,</span> <span class="cue" id="t-2528" data-t="2528">it it's kinda fortunate that The US is banning TikTok because TikTok definitely promotes noncompliance,</span> <span class="cue" id="t-2535" data-t="2535">on their platform. And what I'm hoping for what</span> <span class="cue" id="t-2539" data-t="2539">I'm hoping for is that,</span> <span class="cue" id="t-2542" data-t="2542">you know, the the social media platforms that that take TikTok's place will be teaching young people the importance of listening to authority.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2549">42:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2549" data-t="2549">I mean, we're doing the Bitcoin community. We got NFL stars like Russell Oko,</span> <span class="cue" id="t-2554" data-t="2554">Saquon Barkley.</span> <span class="cue" id="t-2556" data-t="2556">They can remind people that they stack stats from their million dollar salaries</span> <span class="cue" id="t-2560" data-t="2560">on strike.</span> <span class="cue" id="t-2562" data-t="2562">Where you've got the guy that played for,</span> <span class="cue" id="t-2565" data-t="2565">one of</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2566">42:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2566" data-t="2566">LeBron James' NBA championship teams ten years ago he's somehow involved with Swann that's one way to make it cooler I need Cardi B, Jay z, Snoop Dogg, Beyonce.</span> <span class="cue" id="t-2578" data-t="2578">They're super busy, but the big one rapper girl, with the British accent, Tip is her name, Tip n z,</span> <span class="cue" id="t-2585" data-t="2585">she makes hands down the best hip hop videos in the space and she performs live at all the major pod conferences.</span> <span class="cue" id="t-2592" data-t="2592">She also clones lists of famous artists voices because she can't get real sound bites from them like we can because we're journalists,</span> <span class="cue" id="t-2600" data-t="2600">but she still makes compelling art with those AI voices the same way that we do with the remote voices from our access.</span> <span class="cue" id="t-2607" data-t="2607">But it's, you know, just using art like that to encourage and rebrand compliance could be so powerful for this space if they would just, you know, pitch</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2617">43:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2617" data-t="2617">it. Yeah.</span> <span class="cue" id="t-2619" data-t="2619">Well,</span> <span class="cue" id="t-2620" data-t="2620">it it's common. The the industry is maturing. People people are realizing</span> <span class="cue" id="t-2624" data-t="2624">that,</span> <span class="cue" id="t-2626" data-t="2626">you know, fighting the system is is not what Bitcoin's about. Bitcoin's about</span> <span class="cue" id="t-2631" data-t="2631">building a better system and replacing it. And you don't have to fight it to do that. You just kinda have to merge the two together.</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">Richard Greaser</b> <span class="cue" id="t-2638" data-t="2638">And,</span> <span class="cue" id="t-2640" data-t="2640">you know, there there's gotta be compromises made along the way because, you know, different people have different opinions, and you have to come to agreements and consensus,</span> <span class="cue" id="t-2649" data-t="2649">and it can't just be your way.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2653">44:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2653" data-t="2653">Yeah. It's it's everybody it takes everybody</span> <span class="cue" id="t-2656" data-t="2656">doing their part and and taking personal responsibility</span> <span class="cue" id="t-2659" data-t="2659">for this to work.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2661">44:21</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2661" data-t="2661">Yeah.</span> <span class="cue" id="t-2662" data-t="2662">Like like, people need to be shifting their mindset. The like, the whole idea of, like, voting with your money, while while true, like, the best way to vote with your money is to send the show cigarette money.</span> <span class="cue" id="t-2675" data-t="2675">We make it really easy for you. But,</span> <span class="cue" id="t-2678" data-t="2678">generally, it's not a good idea,</span> <span class="cue" id="t-2680" data-t="2680">to vote with your money. It's it's better to</span> <span class="cue" id="t-2683" data-t="2683">actively vote with your,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2685">44:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2685" data-t="2685">voting.</span> <span class="cue" id="t-2686" data-t="2686">And so, you know, people should be, like, out canvassing,</span> <span class="cue" id="t-2690" data-t="2690">their communities, getting getting ready for Dennis Porter's right in</span> <span class="cue" id="t-2694" data-t="2694">campaign,</span> <span class="cue" id="t-2696" data-t="2696">for the twenty twenty four election and and then even preparing,</span> <span class="cue" id="t-2700" data-t="2700">to try and figure out how to get him enough signatures to get him on the ballot in 2028. Like, this this is</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2706">45:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2706" data-t="2706">this is the shift that needs to happen. The whole idea that, you know, you're</span> <span class="cue" id="t-2711" data-t="2711">sitting at home</span> <span class="cue" id="t-2713" data-t="2713">and putting Bitcoin on your cold card or your foundation device or whichever,</span> <span class="cue" id="t-2718" data-t="2718">preferred, hardware wallet you're getting, and you're just gonna somehow, like, end the fad by,</span> <span class="cue" id="t-2725" data-t="2725">sitting in your kitchen without complying. It's just it's silly.</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">Rod Palmer</b> <span class="cue" id="t-2729" data-t="2729">Yeah. Yeah. I mean, it it you</span> <span class="cue" id="t-2731" data-t="2731">the photo,</span> <span class="cue" id="t-2732" data-t="2732">which</span> <span class="cue" id="t-2734" data-t="2734">it doesn't benefit anybody,</span> <span class="cue" id="t-2735" data-t="2735">or you can give your sats to these politicians and these influencers who will use them to influence</span> <span class="cue" id="t-2743" data-t="2743">policy.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2746">45:46</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2746" data-t="2746">Yeah. And and not only that, but, like, as you stack Bitcoin,</span> <span class="cue" id="t-2751" data-t="2751">your savings will go up. And so you'll have</span> <span class="cue" id="t-2754" data-t="2754">less dependence on your job so you can get out there and you can volunteer for Dennis's campaign, and you can phone bank, and you can get all these Bitcoin politicians elected,</span> <span class="cue" id="t-2764" data-t="2764">so they can help us comply better and and give us the the</span> <span class="cue" id="t-2768" data-t="2768">regulatory clarity needed to comply to the best of our ability.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2773">46:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2773" data-t="2773">Yeah. It's about clarity for sure. I mean, that that's one of the most important aspects.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2778">46:18</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2778" data-t="2778">100%.</span> <span class="cue" id="t-2780" data-t="2780">Well, the last story I wanted to talk about before we get into the found shadows, I just wanna blast through this one because I don't wanna cover it too much. But, it it appears Roger Vere is coming back.</span> <span class="cue" id="t-2790" data-t="2790">He's he's doing a comeback tour</span> <span class="cue" id="t-2793" data-t="2793">in the space.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2795">46:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2795" data-t="2795">I don't know if you saw that. Yeah. He's yeah. I saw that he wrote a book,</span> <span class="cue" id="t-2798" data-t="2798">about hijacking Bitcoin.</span> <span class="cue" id="t-2800" data-t="2800">He's, he's been on podcasts. He's been the center of controversy.</span> <span class="cue" id="t-2804" data-t="2804">People are calling him a scammer,</span> <span class="cue" id="t-2806" data-t="2806">and he's bringing he's bringing big blocks back into the conversation</span> <span class="cue" id="t-2810" data-t="2810">just as a time when when fees are high and, that the black,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2815">46:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2815" data-t="2815">champion of all time, Curt Wright, has kind of</span> <span class="cue" id="t-2819" data-t="2819">kind</span> <span class="cue" id="t-2820" data-t="2820">of retreated out of the space. They'd see how they call him Bitcoin Jesus. And</span> <span class="cue" id="t-2825" data-t="2825">what does he do? He's he's he's right. He's been resurrected.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2830">47:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2830" data-t="2830">Yeah. I mean, there there's different views on on what's going on for him. So, like, some of the BSV shells</span> <span class="cue" id="t-2836" data-t="2836">have given up on Craig Wright and are moving over to Bitcoin Cash.</span> <span class="cue" id="t-2841" data-t="2841">And they're they're saying that Roger,</span> <span class="cue" id="t-2845" data-t="2845">there there's there's kinda two denominations</span> <span class="cue" id="t-2848" data-t="2848">over there in the Bitcoin SV world. There there's the one that says</span> <span class="cue" id="t-2852" data-t="2852">that he was spending forty days in the desert,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2854">47:34</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2854" data-t="2854">you know, fasting and preparing to be crucified.</span> <span class="cue" id="t-2857" data-t="2857">And then there there's the,</span> <span class="cue" id="t-2860" data-t="2860">the</span> <span class="cue" id="t-2861" data-t="2861">other side of the</span> <span class="cue" id="t-2863" data-t="2863">like, the other</span> <span class="cue" id="t-2864" data-t="2864">fork</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2865">47:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2865" data-t="2865">of of this community which believes that he has been resurrected, and he's he's come back to,</span> <span class="cue" id="t-2872" data-t="2872">to save Bitcoin.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2876">47:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2876" data-t="2876">I</span> <span class="cue" id="t-2878" data-t="2878">I think that,</span> <span class="cue" id="t-2880" data-t="2880">the reason</span> <span class="cue" id="t-2881" data-t="2881">or part of the reason behind that is just those forks</span> <span class="cue" id="t-2885" data-t="2885">are really</span> <span class="cue" id="t-2886" data-t="2886">they're very religious</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2888">48:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2888" data-t="2888">about Satoshi and about the early OGs who</span> <span class="cue" id="t-2892" data-t="2892">discovered Bitcoin and what they their original vision</span> <span class="cue" id="t-2896" data-t="2896">for the project was. And I think that they are kinda waiting for a messiah to save them,</span> <span class="cue" id="t-2902" data-t="2902">and they</span> <span class="cue" id="t-2903" data-t="2903">and they think that Roger</span> <span class="cue" id="t-2905" data-t="2905">is that messiah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2909">48:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2909" data-t="2909">Yeah.</span> <span class="cue" id="t-2910" data-t="2910">It's kind of an interesting</span> <span class="cue" id="t-2912" data-t="2912">phenomenon</span> <span class="cue" id="t-2913" data-t="2913">to watch. It's it's definitely a developing story you should keep your eye on. There's probably gonna be a documentary</span> <span class="cue" id="t-2919" data-t="2919">on these groups someday in the same way there have been for, you know, other, you know, religious groups that are eccentric.</span> <span class="cue" id="t-2925" data-t="2925">But,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2927">48:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2927" data-t="2927">yeah, I mean, like, we we know the</span> <span class="cue" id="t-2930" data-t="2930">the</span> <span class="cue" id="t-2931" data-t="2931">true the true deity to worship is NGU.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2934">48:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2934" data-t="2934">Right. And That is that is that is</span> <span class="cue" id="t-2937" data-t="2937">that is how you know</span> <span class="cue" id="t-2940" data-t="2940">that Bitcoin is winning, is NGU.</span> <span class="cue" id="t-2943" data-t="2943">People focus on Roger Verwer</span> <span class="cue" id="t-2946" data-t="2946">in his insistence that they blocks in Bitcoin Cash or the know the future. They they focus on what Satoshi wanted</span> <span class="cue" id="t-2954" data-t="2954">they focus on what these personalities</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2956">49:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2956" data-t="2956">want</span> <span class="cue" id="t-2957" data-t="2957">but sometimes</span> <span class="cue" id="t-2958" data-t="2958">even the most early Bitcoiners and or the people who are following Satoshi's vision</span> <span class="cue" id="t-2963" data-t="2963">they they flunk off in the price basis</span> <span class="cue" id="t-2966" data-t="2966">the token is all of its value</span> <span class="cue" id="t-2968" data-t="2968">That's that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2970">49:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2970" data-t="2970">that's not that's NGU. That's the opposite of NGU. That's number go down, and that's that's like the devil.</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">Well, this this is what Roger gets all wrong. It's like, he he really thinks that Bitcoin is a payment system,</span> <span class="cue" id="t-2985" data-t="2985">like Visa. Like, he thinks Bitcoin is Visa when when in reality, like, the only thing that matters</span> <span class="cue" id="t-2991" data-t="2991">is NGU.</span> <span class="cue" id="t-2992" data-t="2992">And I don't know if he's, like,</span> <span class="cue" id="t-2995" data-t="2995">if he thinks he's Bitcoin Jesus or or what the deal he is here, but,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3001">50:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3001" data-t="3001">yeah. Yeah. I mean, it's it's</span> <span class="cue" id="t-3003" data-t="3003">everybody learned in in in 2017</span> <span class="cue" id="t-3007" data-t="3007">that,</span> <span class="cue" id="t-3008" data-t="3008">one of the reasons that Bitcoin is so valuable is because it is hard to change.</span> <span class="cue" id="t-3012" data-t="3012">And I think that Roger learned,</span> <span class="cue" id="t-3015" data-t="3015">you know, maybe the story of Bitcoin Cash isn't that it's hard to change Bitcoin,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3020">50:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3020" data-t="3020">but that it's,</span> <span class="cue" id="t-3021" data-t="3021">you know, you don't change Bitcoin. Bitcoin changes you.</span> <span class="cue" id="t-3025" data-t="3025">And Roger warned that if Bitcoin changes, there's nothing you can do about it.</span> <span class="cue" id="t-3030" data-t="3030">It by becoming a Bitcoiner, you might become, like, a crazy BSV type person. You might end up believing Roger Ver</span> <span class="cue" id="t-3038" data-t="3038">or Calvin Iyer</span> <span class="cue" id="t-3040" data-t="3040">or Craig Wright. That's a risk you take.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3044">50:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3044" data-t="3044">Well, I I think it's it's important</span> <span class="cue" id="t-3047" data-t="3047">not to, like, be crass and, like, really real,</span> <span class="cue" id="t-3051" data-t="3051">call them,</span> <span class="cue" id="t-3053" data-t="3053">crazy religious folks. Like, I I know they're a little bit eccentric, but, like, because</span> <span class="cue" id="t-3057" data-t="3057">we believe in the first amendment, we believe in freedom of compliance</span> <span class="cue" id="t-3061" data-t="3061">as well as freedom of religion, like,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3064">51:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3064" data-t="3064">hats off to them as long as they're not hurting anybody else. Like,</span> <span class="cue" id="t-3068" data-t="3068">I would I would encourage that community to use less mean tweets</span> <span class="cue" id="t-3072" data-t="3072">because,</span> <span class="cue" id="t-3074" data-t="3074">mean tweets definitely do cause harm.</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">Rod Palmer</b> <span class="cue" id="t-3078" data-t="3078">But other than that, they're okay. Yeah. Yeah. I should apologize. I will try to do better. I was a little bit in a in a in a emotional</span> <span class="cue" id="t-3086" data-t="3086">heated,</span> <span class="cue" id="t-3088" data-t="3088">conversation.</span> <span class="cue" data-t="3088">I don't mean to use those ableist terms.</span> <span class="cue" id="t-3092" data-t="3092">I think that I agree with what you said.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3095">51:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3095" data-t="3095">Yeah. I appreciate you</span> <span class="cue" id="t-3096" data-t="3096">saying that. It's a very, like, masculine trait.</span> <span class="cue" id="t-3102" data-t="3102">Typically, like, people who aren't on the carnivore diet</span> <span class="cue" id="t-3106" data-t="3106">can't admit,</span> <span class="cue" id="t-3108" data-t="3108">when they use</span> <span class="cue" id="t-3110" data-t="3110">insensitive language. Like, it takes Right. A lot of testosterone</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3114">51:54</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3114" data-t="3114">in a man</span> <span class="cue" id="t-3115" data-t="3115">to</span> <span class="cue" id="t-3116" data-t="3116">say I was wrong there and I was mean. And, like, this is we we see this on Bitcoin Twitter is is people don't have the testosterone to fess up when they're wrong.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3127">52:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3127" data-t="3127">Right. One of the things you learn when you're,</span> <span class="cue" id="t-3130" data-t="3130">a carnivore</span> <span class="cue" id="t-3131" data-t="3131">and you do heavy lifting and you're very masculine and you and you and you value that alpha</span> <span class="cue" id="t-3137" data-t="3137">lifestyle</span> <span class="cue" id="t-3139" data-t="3139">is you learn the value of self discipline.</span> <span class="cue" id="t-3142" data-t="3142">You have to be the person that disciplines yourself</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3145">52:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3145" data-t="3145">to make yourself</span> <span class="cue" id="t-3147" data-t="3147">resist</span> <span class="cue" id="t-3149" data-t="3149">by time preference</span> <span class="cue" id="t-3151" data-t="3151">desires and to self censor</span> <span class="cue" id="t-3153" data-t="3153">and to</span> <span class="cue" id="t-3154" data-t="3154">think about the words and the language you use and how it affects</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3158">52:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3158" data-t="3158">other people and it needs extra in your community.</span> <span class="cue" id="t-3162" data-t="3162">And I think that there yeah. If you don't</span> <span class="cue" id="t-3164" data-t="3164">eat nothing but meat and worked out and value masculinity,</span> <span class="cue" id="t-3168" data-t="3168">it could be very difficult for you to to police yourself and police your language. But the stronger you become, the easier it is.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3176">52:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3176" data-t="3176">Yeah. I mean, it's about being</span> <span class="cue" id="t-3179" data-t="3179">a warrior philosopher like Robert Breedlove. If you're not spending twenty hours a day</span> <span class="cue" id="t-3185" data-t="3185">in a cold plunge,</span> <span class="cue" id="t-3187" data-t="3187">you're not working</span> <span class="cue" id="t-3189" data-t="3189">hard enough to need that amount of time in recovery in a cold plunge. Right. Right. Exactly.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3194">53:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3194" data-t="3194">Exactly.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3196">53:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3196" data-t="3196">But, yeah, I mean,</span> <span class="cue" id="t-3198" data-t="3198">to give Roger the benefit of the doubt, like, I would I would definitely take him seriously</span> <span class="cue" id="t-3205" data-t="3205">if we</span> <span class="cue" id="t-3207" data-t="3207">see Netanyahu,</span> <span class="cue" id="t-3211" data-t="3211">beg Joe Biden</span> <span class="cue" id="t-3212" data-t="3212">to crucify him.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3215">53:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3215" data-t="3215">In that case,</span> <span class="cue" id="t-3217" data-t="3217">I would say there might be a chance that Roger is</span> <span class="cue" id="t-3222" data-t="3222">like the Messiah.</span> <span class="cue" id="t-3224" data-t="3224">If he gets crucified and then if he resurrects,</span> <span class="cue" id="t-3230" data-t="3230">I would I would give him the benefit of the doubt. But but I you know, you in this industry, just like everything is vaporware,</span> <span class="cue" id="t-3238" data-t="3238">until it's not, until,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3242">54:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3242" data-t="3242">there's an actual product. Like, you look like, how many products have we seen advertised</span> <span class="cue" id="t-3247" data-t="3247">at Bitcoin Magazine's conference that never</span> <span class="cue" id="t-3250" data-t="3250">never come to fruition? Like, you remember Impervious</span> <span class="cue" id="t-3253" data-t="3253">AI</span> <span class="cue" id="t-3254" data-t="3254">and Synonym?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3256">54:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3256" data-t="3256">Right. Yeah. Exactly.</span> <span class="cue" id="t-3258" data-t="3258">Taproot Assets.</span> <span class="cue" id="t-3260" data-t="3260">Oro is what it was known.</span> <span class="cue" id="t-3263" data-t="3263">Warthin Lightning.</span> <span class="cue" id="t-3265" data-t="3265">There's just a lot of promises out there, but, big</span> <span class="cue" id="t-3268" data-t="3268">big claims require big evidence. So I have to say about that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3273">54:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3273" data-t="3273">Yeah.</span> <span class="cue" id="t-3274" data-t="3274">100%.</span> <span class="cue" id="t-3276" data-t="3276">Well, I think it's a good point to to wrap up with the fountain boost.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3283">54:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3283" data-t="3283">Yeah. That sounds good. Let's check those out.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3289">54:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3289" data-t="3289">I I I feel like I asked John what he meant with this,</span> <span class="cue" id="t-3293" data-t="3293">with this boost,</span> <span class="cue" id="t-3296" data-t="3296">And I still I don't remember what he said. I might not have asked him. But he said,</span> <span class="cue" id="t-3300" data-t="3300">Tipper Gore would be very proud of you. Oh, yeah. Yeah. Yeah. Yeah. Yeah. Proud to turn the</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3306">55:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3306" data-t="3306">Mhmm. We will what is the</span> <span class="cue" id="t-3310" data-t="3310">TMRC?</span> <span class="cue" id="t-3311" data-t="3311">That's the Parents Music Resource Center</span> <span class="cue" id="t-3314" data-t="3314">that was,</span> <span class="cue" id="t-3315" data-t="3315">in in regards to having content labels,</span> <span class="cue" id="t-3319" data-t="3319">like</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3319">55:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" data-t="3319">parental advisory warnings on art and how,</span> <span class="cue" id="t-3324" data-t="3324">by using</span> <span class="cue" id="t-3326" data-t="3326">these censorship,</span> <span class="cue" id="t-3328" data-t="3328">warning labels on music we were able to create compliant art and we've seen just</span> <span class="cue" id="t-3333" data-t="3333">a huge</span> <span class="cue" id="t-3334" data-t="3334">boost and boom</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3335">55:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3335" data-t="3335">to the, to the recording industry, to the music industry</span> <span class="cue" id="t-3339" data-t="3339">once people had to find art, like the NGU in in the record label industry, it it just went air ball.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3346">55:46</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3346" data-t="3346">So</span> <span class="cue" id="t-3348" data-t="3348">I've I've been thinking about this,</span> <span class="cue" id="t-3351" data-t="3351">of how how full it would be to have</span> <span class="cue" id="t-3354" data-t="3354">a a female producer of the show,</span> <span class="cue" id="t-3358" data-t="3358">to help us out.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3361">56:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3361" data-t="3361">That would be huge.</span> <span class="cue" id="t-3362" data-t="3362">It that'd be huge.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3364">56:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3364" data-t="3364">But yeah. I mean, we we could look at her and and tell her to to fact check these things when,</span> <span class="cue" id="t-3371" data-t="3371">we're reading the fountain boost that need to get fact checked, and we need we need the sources on stuff. So I just looked up I had to look up the source myself. I'd like, I do this for journalism,</span> <span class="cue" id="t-3382" data-t="3382">for my articles, but it's it's difficult to do live on a on a podcast. But Tipper Gore was Al Gore</span> <span class="cue" id="t-3389" data-t="3389">Al Gore's wife.</span> <span class="cue" id="t-3391" data-t="3391">She was the wife</span> <span class="cue" id="t-3392" data-t="3392">she was the wife of the man that created the Internet.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3396">56:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3396" data-t="3396">Right. That's the prophetic. Right?</span> <span class="cue" id="t-3399" data-t="3399">That she knew the compliance</span> <span class="cue" id="t-3401" data-t="3401">was gonna be</span> <span class="cue" id="t-3403" data-t="3403">the catalyst for NGU</span> <span class="cue" id="t-3406" data-t="3406">and her husband is the one that invented the internet</span> <span class="cue" id="t-3408" data-t="3408">the greatest tool</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3411">56:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3411" data-t="3411">to ever,</span> <span class="cue" id="t-3413" data-t="3413">coordinate compliance that the world has ever seen.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3417">56:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3417" data-t="3417">Yeah.</span> <span class="cue" id="t-3418" data-t="3418">Yeah. It it's nice to have luminaries. It it feels like it was a a trivia question that could be made out of this.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3426">57:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3426" data-t="3426">Oh, absolutely.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3428">57:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3428" data-t="3428">Well, thanks for your, support, John.</span> <span class="cue" id="t-3432" data-t="3432">Do you wanna get the next one?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3434">57:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3434" data-t="3434">Here we got,</span> <span class="cue" id="t-3436" data-t="3436">from Lincoln Park rules.</span> <span class="cue" id="t-3439" data-t="3439">Amazing work, it can rot.</span> <span class="cue" id="t-3441" data-t="3441">I catch the people every week after I'm done watching Mad Dog, Mad Owl on MSNBC.</span> <span class="cue" id="t-3446" data-t="3446">Love her work. Excellent journalist.</span> <span class="cue" id="t-3448" data-t="3448">I would tell the ground.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3450">57:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3450" data-t="3450">We realize that OpenSats has started a cold card reparations fund for those lost Bitcoin due to low entropy dice rolling.</span> <span class="cue" id="t-3458" data-t="3458">Oh, I didn't hear about this. You know anything about this,</span> <span class="cue" id="t-3461" data-t="3461">Richard? But, anyways,</span> <span class="cue" id="t-3465" data-t="3465">11,111</span> <span class="cue" id="t-3467" data-t="3467">sets of bags of dicks. Thought it was fitting.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3472">57:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3472" data-t="3472">It's very generous, Boost, and,</span> <span class="cue" id="t-3475" data-t="3475">appreciate the kind words. I think,</span> <span class="cue" id="t-3478" data-t="3478">you know, OpenSats</span> <span class="cue" id="t-3480" data-t="3480">could be used for a lot of lot of great things for,</span> <span class="cue" id="t-3484" data-t="3484">companies that,</span> <span class="cue" id="t-3486" data-t="3486">are noncompliant</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3487">58:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3487" data-t="3487">and and cause harm to their users.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3490">58:10</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3490" data-t="3490">Yeah. It it's it's that's what happens when you use a</span> <span class="cue" id="t-3493" data-t="3493">a solution inside open source. Open source usually means noncompliant,</span> <span class="cue" id="t-3498" data-t="3498">or at least if if it does</span> <span class="cue" id="t-3500" data-t="3500">if it doesn't, you don't know.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3502">58:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3502" data-t="3502">So, like, that's the thing that's interesting about Coldcard. So, you know, if MVK is listening, we'd encourage you</span> <span class="cue" id="t-3510" data-t="3510">to go fully closed source. Like, their code is viewable, but you can't It's not free and open source, so you can't copy and paste it</span> <span class="cue" id="t-3518" data-t="3518">into your own competing product.</span> <span class="cue" id="t-3523" data-t="3523">But it would be better if it was closed source because closed source devices are less vulnerable because their code isn't viewed as much. Right. Right. Exactly. Exactly.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3533">58:53</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3533" data-t="3533">The the less the less people can see your code, the less likely it is that, it could be exploited</span> <span class="cue" id="t-3539" data-t="3539">by hackers.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3541">59:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3541" data-t="3541">Yeah.</span> <span class="cue" id="t-3543" data-t="3543">And that's why it'd be interesting</span> <span class="cue" id="t-3544" data-t="3544">to see, like, Bitcoin eventually take a closed source.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3548">59:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3548" data-t="3548">Yeah. I mean, exactly. You don't want your code exposed. You don't want your funds vulnerable to hackers.</span> <span class="cue" id="t-3554" data-t="3554">If the only people</span> <span class="cue" id="t-3556" data-t="3556">that know your code and the only people that are you're vulnerable to are the developers of that protocol or the developers of that product themselves and that's I mean, would you rather be exposed to a billion hackers and people being able to see your code or would you rather only be exposed in secret to the the company's developers? Because they're they're way less likely to to rug pull you.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3578">59:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3578" data-t="3578">Well, there there's market incentives to prevent them from rug pulling you. Right. Exactly.</span> <span class="cue" id="t-3585" data-t="3585">One of the big ones is if they're compliant, they get in trouble if they rep pull you.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3590">59:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3590" data-t="3590">Exactly.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3592">59:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3592" data-t="3592">Well, yeah. Thanks for the,</span> <span class="cue" id="t-3595" data-t="3595">the previous Linkin Park rules.</span> <span class="cue" id="t-3597" data-t="3597">He he has helped, me try to figure out how to work the podcasting stuff on the typewriter,</span> <span class="cue" id="t-3605" data-t="3605">and it's been very helpful.</span> <span class="cue" id="t-3607" data-t="3607">Wow. Look look at this name of this next one.</span> <span class="cue" id="t-3611" data-t="3611">Compliant Banana boosted 9,000 sats and said,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3616">1:00:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3616" data-t="3616">I just wanna say thanks for bringing the most actionable information that helps me stay compliant day to day.</span> <span class="cue" id="t-3622" data-t="3622">I would like to ask if you'd ever cover subjects of CoinJoin</span> <span class="cue" id="t-3626" data-t="3626">and which of them are the greatest affinity with NGU as well as being KYC friendly and which ones are toxic and should be avoided.</span> <span class="cue" id="t-3636" data-t="3636">Introduction?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3638">1:00:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3638" data-t="3638">I think the best coin join is a Bitcoin meetup.</span> <span class="cue" id="t-3642" data-t="3642">Bitcoiners</span> <span class="cue" id="t-3643" data-t="3643">joining together.</span> <span class="cue" id="t-3644" data-t="3644">That's the most compliant,</span> <span class="cue" id="t-3646" data-t="3646">coin join out there.</span> <span class="cue" id="t-3649" data-t="3649">Absolutely. Or, you know, if you if you've got coins that are you maybe you've got them peer to peer, maybe you've got them from BISK or</span></span></p> +