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Transcript: The Orange Pill Is Not Ozempic | Bugle Weekly Episode 69
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diff --git a/wiki/transcripts/the-orange-pill-is-not-ozempic-bugle-weekly-episode-69.md b/wiki/transcripts/the-orange-pill-is-not-ozempic-bugle-weekly-episode-69.md new file mode 100644 index 00000000..6a91c1c8 @@ -0,0 +1,645 @@ +--- +title: "Transcript: The Orange Pill Is Not Ozempic | Bugle Weekly Episode 69" +type: transcript +episode: the-orange-pill-is-not-ozempic-bugle-weekly-episode-69 +generated: true +date: 2025-07-21 +audio: "https://feeds.fountain.fm/R8scBF2Wiykm0YVldsHQ/items/6fTHN7fpNjBGjrwLB3G0/files/AUDIO---DEFAULT---f8823996-95fd-4691-bae3-450e9c62c4f0.mp3" +duration: "1:28:22" +sources: + - raw/episodes/the-orange-pill-is-not-ozempic-bugle-weekly-episode-69/bundle.json +--- + +<p class="cue-p"><a class="cue-t" href="#t-1">0:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1" data-t="1">Choose the pedophile whose values are are yours. Who is the pedophile who has a pro business attitude?</span> <span class="cue" id="t-7" data-t="7">Is there a pedophile who cares about the climate?</span> <span class="cue" id="t-10" data-t="10">Is the pedophile who wants better schools? Probably all of them.</span> <span class="cue" id="t-15" data-t="15">What pedophile</span> <span class="cue" id="t-17" data-t="17">has the viewpoint</span> <span class="cue" id="t-18" data-t="18">that you align with?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-21">0:21</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-21" data-t="21">What pedophile believes in infrastructure?</span> <span class="cue" id="t-24" data-t="24">Who is the pedophile that's gonna keep us out of costly foreign wars?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-29">0:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-29" data-t="29">You are the banker.</span> <span class="cue" id="t-31" data-t="31">I'm out of the game.</span> <span class="cue" id="t-33" data-t="33">If you are the printer,</span> <span class="cue" id="t-35" data-t="35">it means I'm broke and lame.</span> <span class="cue" id="t-38" data-t="38">All your fiat glory means I must walk in shame.</span> <span class="cue" id="t-42" data-t="42">I want it harder.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-45">0:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-45" data-t="45">I won't play your game.</span> <span class="cue" id="t-55" data-t="55">Magnified,</span> <span class="cue" id="t-56" data-t="56">sanctified,</span> <span class="cue" id="t-57" data-t="57">I will stake my claim.</span> <span class="cue" id="t-60" data-t="60">Valified,</span> <span class="cue" id="t-61" data-t="61">crucified</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-62">1:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-62" data-t="62">in my fiat therein,</span> <span class="cue" id="t-64" data-t="64">a million minus ashen for wealth to be acclaimed.</span> <span class="cue" id="t-69" data-t="69">I want it harder.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-74">1:14</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-74" data-t="74">I'm</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-80">1:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-80" data-t="80">ready, my lord.</span> <span class="cue" id="t-84" data-t="84">It is</span> <span class="cue" id="t-85" data-t="85">Sunday,</span> <span class="cue" id="t-86" data-t="86">July 20.</span> <span class="cue" id="t-88" data-t="88">Welcome back to the Bugle Weekly folks. The world is in</span> <span class="cue" id="t-93" data-t="93">turmoil. It is the fourth turning.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-98">1:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-98" data-t="98">Cars are burning. People are grumpy right now.</span> <span class="cue" id="t-101" data-t="101">People are really grumpy right now, and they're they're coming to the conclusion that Bitcoin is not Ozempic. It is not</span> <span class="cue" id="t-108" data-t="108">the one taking an orange pill doesn't fix everything magically. There's trade offs</span> <span class="cue" id="t-115" data-t="115">happening here. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-117">1:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-117" data-t="117">I think it depends. I think it just depends on on your algorithm,</span> <span class="cue" id="t-121" data-t="121">on your timeline.</span> <span class="cue" id="t-123" data-t="123">It depends on your for you tab basically on on Twitter,</span> <span class="cue" id="t-127" data-t="127">because</span> <span class="cue" id="t-129" data-t="129">I don't see that like right now for me is probably this is one this is the best summer ever so far I mean,</span> <span class="cue" id="t-136" data-t="136">the the whole context everything paper Bitcoin summer this is fucking great like if you're a Bitcoin podcaster you are,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-144">2:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-144" data-t="144">looking at</span> <span class="cue" id="t-145" data-t="145">new kinds of job opportunities and the ability to afford taxes you never could have to rent</span> <span class="cue" id="t-151" data-t="151">a couple of years ago when you were just, like, starting your you didn't even have a professional logo yet.</span> <span class="cue" id="t-156" data-t="156">I mean, Bitcoiners,</span> <span class="cue" id="t-158" data-t="158">this is the Bitcoin podcasters getting jobs. We're in the government.</span> <span class="cue" id="t-162" data-t="162">We're setting the tone. We are establishing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-164">2:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-164" data-t="164">the vibe,</span> <span class="cue" id="t-165" data-t="165">and it's made for Bitcoin somewhere. We are at we're having a good time. It is,</span> <span class="cue" id="t-169" data-t="169">the bull market is about</span> <span class="cue" id="t-171" data-t="171">the positive feeling, the positive vibe. This is why we're here. Right? Like, the the way that we feel during the bull market when we're right and everybody agree, it's all of this feeling</span> <span class="cue" id="t-180" data-t="180">of</span> <span class="cue" id="t-182" data-t="182">listening to podcast really paid off. Like, my wife is drastically improved. I'm getting tons of external feedback that shows that it, you know, I've made good decisions.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-190">3:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-190" data-t="190">And if you don't feel that right now,</span> <span class="cue" id="t-193" data-t="193">I think that,</span> <span class="cue" id="t-195" data-t="195">you're just you might be on the other one out. There something's going on because,</span> <span class="cue" id="t-201" data-t="201">forty hour like podcast listeners, Bitcoiners,</span> <span class="cue" id="t-203" data-t="203">it's vapor Bitcoin summer.</span> <span class="cue" id="t-206" data-t="206">And how can you not be having a good time right now?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-209">3:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-209" data-t="209">I think this is a case of a tale of two Twitter feeds.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-214">3:34</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-214" data-t="214">Right. That's exactly it. It's like the bus meme, right? Like, the they're looking at the same thing, but to one person on one side of the bus, it's like a dark gloomy, like, if they're just looking at the wall. They feel like they're not looking at anything</span> <span class="cue" id="t-226" data-t="226">positive. They feel like they're just they've hit a wall.</span> <span class="cue" id="t-229" data-t="229">The other person sees</span> <span class="cue" id="t-231" data-t="231">fucking citadels in the valleys that sees fucking suits and cargo shorts together like</span> <span class="cue" id="t-238" data-t="238">on the top of a mountain,</span> <span class="cue" id="t-241" data-t="241">with the palm trees and walking down sunshine, right?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-245">4:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-245" data-t="245">And I don't know. It's I think maybe you've been been programmed by your algorithm to be grumpy.</span> <span class="cue" id="t-251" data-t="251">Maybe you'll seem grumpy right now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-254">4:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-254" data-t="254">For those that are grumpy, I think a lot of them are really grumpy because they're coming to the realization that they can't just hang out as plebs,</span> <span class="cue" id="t-262" data-t="262">and they have the choice of either</span> <span class="cue" id="t-264" data-t="264">going back to being an MPC or being a pioneer.</span> <span class="cue" id="t-268" data-t="268">And they're being thrust into this decision making process. Like, they they</span> <span class="cue" id="t-273" data-t="273">the the circumstances</span> <span class="cue" id="t-275" data-t="275">around them are forced there there's a call to action, like, in in the hero's journey.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-280">4:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-280" data-t="280">Like, look at Star Wars with Luke Skywalker.</span> <span class="cue" id="t-285" data-t="285">Luke didn't</span> <span class="cue" id="t-286" data-t="286">just run and and and try to join the alliance.</span> <span class="cue" id="t-290" data-t="290">The war came to him unexpectedly.</span> <span class="cue" id="t-292" data-t="292">These droids showed up on his doorstep.</span> <span class="cue" id="t-295" data-t="295">The the stormtroopers</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-296">4:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-296" data-t="296">came. They killed his aunt and uncle.</span> <span class="cue" id="t-299" data-t="299">There was that call to action. And what we're seeing right now for Bitcoiners</span> <span class="cue" id="t-304" data-t="304">or for a lot of these plebs</span> <span class="cue" id="t-306" data-t="306">is this call to action of of the world is gonna be difficult.</span> <span class="cue" id="t-310" data-t="310">And</span> <span class="cue" id="t-312" data-t="312">a paper Bitcoin company is not gonna hire you unless you have a Bitcoin podcast.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-319">5:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-319" data-t="319">Yeah.</span> <span class="cue" id="t-320" data-t="320">There is a lot of people it's</span> <span class="cue" id="t-324" data-t="324">for a lot of people, especially people listening to this,</span> <span class="cue" id="t-328" data-t="328">that calling, that higher action,</span> <span class="cue" id="t-330" data-t="330">that calling is to be a Bitcoin podcast.</span> <span class="cue" id="t-333" data-t="333">If you're listening to forty hours per week,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-337">5:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-337" data-t="337">and</span> <span class="cue" id="t-340" data-t="340">you're just getting it, you're compressed it, you're getting entropy,</span> <span class="cue" id="t-343" data-t="343">you know</span> <span class="cue" id="t-344" data-t="344">that your destiny is to start a Bitcoin podcast because you have to you're you have it's like you have to signal with your node, you have to say, hey, add me to the percentage of knots because I'm out here</span> <span class="cue" id="t-356" data-t="356">and I've got this opinion</span> <span class="cue" id="t-358" data-t="358">about, like, I can solve Israel</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-360">6:00</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-360" data-t="360">and and and Gaza</span> <span class="cue" id="t-362" data-t="362">with Bitcoin. Let me explain now.</span> <span class="cue" id="t-365" data-t="365">And you're gonna condense it. You could be that person. You know you could you could solve a lot of problems.</span> <span class="cue" id="t-372" data-t="372">And when you kind of</span> <span class="cue" id="t-375" data-t="375">you don't have to answer your calling. You don't have to answer the call. But</span> <span class="cue" id="t-381" data-t="381">you're it's gonna be it's gonna be weighing on you. You have to you have</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-386">6:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-386" data-t="386">to you have to figure out what's important in life. You have to figure out, am I willing to take these risks?</span> <span class="cue" id="t-391" data-t="391">Am I willing to to go out where the user experience is scary?</span> <span class="cue" id="t-396" data-t="396">I'd rather be grumpy than scared. That's how a lot of people feel. They'd rather be grumpy than scared, but really it's about, like, if you're grumpy, it's because you're scared.</span> <span class="cue" id="t-405" data-t="405">So you have to answer the call.</span> <span class="cue" id="t-407" data-t="407">That's all that's that's what that's what I would say. I people are waiting for a magic pill,</span> <span class="cue" id="t-413" data-t="413">whether it's a a God candle up to 250,000</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-417">6:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-417" data-t="417">or whatever.</span> <span class="cue" id="t-418" data-t="418">They're waiting for that magic pill, but they're finding out that,</span> <span class="cue" id="t-422" data-t="422">you're gonna have to keep listening to forty hours per week and and making yourself uncomfortable</span> <span class="cue" id="t-427" data-t="427">with the user experience</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">that you're working with. I think we really need to</span> <span class="cue" id="t-435" data-t="435">overhaul the world of psychology quite a bit. So in the world of psychology,</span> <span class="cue" id="t-439" data-t="439">you you're probably</span> <span class="cue" id="t-441" data-t="441">familiar with people's trauma responses.</span> <span class="cue" id="t-445" data-t="445">That's something a lot of individuals talk about.</span> <span class="cue" id="t-448" data-t="448">And I think they're you know, it used to be fight or flight, and then they added a new one called freeze</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-454">7:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-454" data-t="454">a little while back. And I think we need to add a new one called LARP.</span> <span class="cue" id="t-460" data-t="460">And so</span> <span class="cue" id="t-463" data-t="463">LARPing</span> <span class="cue" id="t-464" data-t="464">is a trauma response,</span> <span class="cue" id="t-466" data-t="466">in my opinion.</span> <span class="cue" id="t-469" data-t="469">And I think,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-470">7:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-470" data-t="470">you know, like, when when</span> <span class="cue" id="t-472" data-t="472">soldiers go through basic training,</span> <span class="cue" id="t-476" data-t="476">near your</span> <span class="cue" id="t-478" data-t="478">what they're essentially trying to do is they're trying to condition people's trauma responses. So they're trying to desensitize them a little bit to danger and violence,</span> <span class="cue" id="t-486" data-t="486">and they're trying to get them into a position where in this scenario that they're in a traumatic event, they respond</span> <span class="cue" id="t-493" data-t="493">effectively.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-496">8:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-496" data-t="496">And</span> <span class="cue" id="t-498" data-t="498">the plug</span> <span class="cue" id="t-499" data-t="499">is conditioned</span> <span class="cue" id="t-502" data-t="502">to larp,</span> <span class="cue" id="t-503" data-t="503">and the pioneer is conditioned to fight.</span> <span class="cue" id="t-506" data-t="506">And the MPC is conditioned to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-508">8:28</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-508" data-t="508">either freeze or or flee. And as a pioneer, it's important to, you know, the what is podcasting?</span> <span class="cue" id="t-514" data-t="514">Podcasting</span> <span class="cue" id="t-517" data-t="517">is the preparation.</span> <span class="cue" id="t-520" data-t="520">It's like the basic training. Like, when you're when you're going and you're listening to podcast,</span> <span class="cue" id="t-526" data-t="526">you're listening to your forty hours per week. That's your basic training where you're getting condition.</span> <span class="cue" id="t-532" data-t="532">When a TV tells you something,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-535">8:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-535" data-t="535">like to buy non</span> <span class="cue" id="t-538" data-t="538">imagine buying stocks right now that are not paper Bitcoin stocks during paper paper Bitcoin summer.</span> <span class="cue" id="t-544" data-t="544">Like, you're you're you're you're sitting there and you're you're working your ass offs and you're putting your money in your four zero one k,</span> <span class="cue" id="t-552" data-t="552">and some of it is being allocated towards</span> <span class="cue" id="t-556" data-t="556">Amazon</span> <span class="cue" id="t-558" data-t="558">instead of</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-559">9:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-559" data-t="559">MicroStrategy</span> <span class="cue" id="t-560" data-t="560">or one of these other paper Bitcoin stocks.</span> <span class="cue" id="t-564" data-t="564">It's rather it's rather silly,</span> <span class="cue" id="t-567" data-t="567">in my opinion. So the podcasts are teaching you</span> <span class="cue" id="t-571" data-t="571">how to respond in this war. It's a it's the fiat war,</span> <span class="cue" id="t-574" data-t="574">essentially, but you can't just hang out and sit in basic training. You gotta get up off your butt, and you gotta go to war.</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">And</span> <span class="cue" id="t-585" data-t="585">I think a lot of grumpiness</span> <span class="cue" id="t-588" data-t="588">is people that don't wanna get up</span> <span class="cue" id="t-591" data-t="591">and go to war.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-593">9:53</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-593" data-t="593">Right. Right. It's there's a lot of people</span> <span class="cue" id="t-596" data-t="596">who share, you know, one of the most popular memes is, you know, the Crusader memes. There's a lot of plaids out there who like to post Crusader memes,</span> <span class="cue" id="t-604" data-t="604">but, you know,</span> <span class="cue" id="t-606" data-t="606">everybody wants to be a Crusader until it's time to go on a crusade.</span> <span class="cue" id="t-610" data-t="610">And there's a lot of people who, you know, I think the LARPing thing comes down to</span> <span class="cue" id="t-617" data-t="617">it's pretty simple.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-619">10:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-619" data-t="619">Everybody says you fake it till you make</span> <span class="cue" id="t-621" data-t="621">it. But you have to ask yourself if you were, if you were faking it till you make it,</span> <span class="cue" id="t-625" data-t="625">were you there to fake it or were you there to make it? Which one did you really wanna do? Did you just wanna fake it and LARP and like have people think that you're a podcaster?</span> <span class="cue" id="t-634" data-t="634">Get some, you know, backstage,</span> <span class="cue" id="t-636" data-t="636">meet David Bailey, Dennis Porter at a Bitcoin conference, get some selfies,</span> <span class="cue" id="t-640" data-t="640">or</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-642">10:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-642" data-t="642">did you want to</span> <span class="cue" id="t-643" data-t="643">put yourself out there</span> <span class="cue" id="t-645" data-t="645">and, and be a Bitcoin podcaster, a real, like</span> <span class="cue" id="t-649" data-t="649">a real Bitcoin podcaster?</span> <span class="cue" id="t-651" data-t="651">Did you want the burden and the responsibility that comes with it? Were you doing the proof of work? Were you running data access?</span> <span class="cue" id="t-657" data-t="657">Were you running your own lightning node?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-659">10:59</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-659" data-t="659">Did you, you know, did you did you test your ability to succeed in</span> <span class="cue" id="t-666" data-t="666">managing your wife's four zero one ks? Because she wouldn't let you, you know, buy Bitcoin with it and take the penalty, but she did let you buy MicroStrategy</span> <span class="cue" id="t-673" data-t="673">and other paper Bitcoin companies or did you, you know, buy treasuries and gold? And like you said, Amazon, it's it's</span> <span class="cue" id="t-680" data-t="680">it's a mentality after a while,</span> <span class="cue" id="t-683" data-t="683">you can't fake it anymore.</span> <span class="cue" id="t-686" data-t="686">So you have to decide. It's it's one or the other.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-691">11:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-691" data-t="691">Absolutely.</span> <span class="cue" id="t-692" data-t="692">I mean,</span> <span class="cue" id="t-693" data-t="693">I think we it's it's it could be argued we've already experienced these moments,</span> <span class="cue" id="t-697" data-t="697">you know, like Luke Skywalker</span> <span class="cue" id="t-699" data-t="699">experienced where the the stormtrooper showed up and and killed his family.</span> <span class="cue" id="t-705" data-t="705">But, yeah, you you have a choice of of what you're gonna do. You gotta you gotta take action</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-710">11:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-710" data-t="710">at the end of the day. You gotta take action. You know? I I think it's never been a more important time in history to smoke cigarettes,</span> <span class="cue" id="t-716" data-t="716">to say the least.</span> <span class="cue" id="t-718" data-t="718">But paper Bitcoin summer, I'd</span> <span class="cue" id="t-721" data-t="721">I'm kinda getting over my grumpiness about it, Ron.</span> <span class="cue" id="t-725" data-t="725">I think your song really helped. Your song really helps me work through some grumpy. Yeah. I think, all all we just talked about is kind of the,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-736">12:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-736" data-t="736">it leads into what paper Bitcoin summer is, right? Like paper Bitcoin summer is for people who, you know,</span> <span class="cue" id="t-743" data-t="743">they've been listening to the forum. They know</span> <span class="cue" id="t-746" data-t="746">that they're gonna wake up every morning</span> <span class="cue" id="t-748" data-t="748">and start hitting their forty hours per week. They know they got to get their steps in. They know they got to go thrive on Saturday morning to get the raw milk,</span> <span class="cue" id="t-757" data-t="757">and beef for sats and to shake their Bitcoin miner's hand.</span> <span class="cue" id="t-761" data-t="761">They know they got to go, you know, to, to hang out with</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-766">12:46</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-766" data-t="766">dudes who just fucking get it in places like Lake Satoshi,</span> <span class="cue" id="t-771" data-t="771">in Michigan</span> <span class="cue" id="t-772" data-t="772">at the end of this month,</span> <span class="cue" id="t-774" data-t="774">lakesatoshi.com</span> <span class="cue" id="t-775" data-t="775">in case you're wondering what I'm talking about,</span> <span class="cue" id="t-778" data-t="778">it's for those people. It's for people who's got, they've got the forty hours per week body.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-784">13:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-784" data-t="784">Like the proof of work you show up to, you're in your bay vicinity, you're on the beach,</span> <span class="cue" id="t-789" data-t="789">you're, you're wearing a suit at the, you know, the yacht party, you know, it's, it's paper Bitcoin summer, you're going to be there because</span> <span class="cue" id="t-798" data-t="798">why would you and your friends not be getting together at a Bitcoin conference? That's, that's what, being a Bitcoin podcaster is all about.</span> <span class="cue" id="t-807" data-t="807">You're gonna be a, you're gonna be a paper Bitcoin summer. Like it's</span> <span class="cue" id="t-810" data-t="810">showing off</span> <span class="cue" id="t-812" data-t="812">the results of listening to forty hours per week in person. You look your best. You're you're projecting your best. You're making new friendships.</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 what paper Bitcoin's owner is about.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-824">13:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-824" data-t="824">It is really interesting when you think about the difference between presenting</span> <span class="cue" id="t-829" data-t="829">to people online</span> <span class="cue" id="t-831" data-t="831">and via</span> <span class="cue" id="t-833" data-t="833">audio only and presenting to people physically</span> <span class="cue" id="t-836" data-t="836">in person.</span> <span class="cue" id="t-838" data-t="838">Because I think a lot of a lot of people,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-841">14:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-841" data-t="841">the majority of their communication is, like, messaging in the group chats, on Twitter,</span> <span class="cue" id="t-846" data-t="846">going on Bitcoin podcast, or doing Bitcoin podcast, or talking on the phone.</span> <span class="cue" id="t-851" data-t="851">And then they have to go and figure out how to look good</span> <span class="cue" id="t-855" data-t="855">for the first time in person.</span> <span class="cue" id="t-857" data-t="857">And you can't just</span> <span class="cue" id="t-859" data-t="859">do exactly what you did online in person because it's kinda boring.</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">Richard Greaser</b> <span class="cue" id="t-865" data-t="865">Alright. If you're if you</span> <span class="cue" id="t-866" data-t="866">if you're</span> <span class="cue" id="t-868" data-t="868">you can't have AI muscles</span> <span class="cue" id="t-871" data-t="871">like BTC sessions.</span> <span class="cue" id="t-872" data-t="872">You know what I mean? Like, you can.</span> <span class="cue" id="t-875" data-t="875">You can have AI muscles. You can have AI abs.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-881">14:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-881" data-t="881">But</span> <span class="cue" id="t-882" data-t="882">you can't have AI abs, you know, in person. It is it's if you're going to a pool party</span> <span class="cue" id="t-888" data-t="888">with some of the the hottest podcasters</span> <span class="cue" id="t-892" data-t="892">and group chat members</span> <span class="cue" id="t-894" data-t="894">in the community,</span> <span class="cue" id="t-896" data-t="896">you</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-897">14:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-897" data-t="897">you can't have AI apps.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-901">15:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-901" data-t="901">No. You can't you can't fake it. Like, it's,</span> <span class="cue" id="t-906" data-t="906">you can't</span> <span class="cue" id="t-907" data-t="907">cash catfish people,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-909">15:09</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-909" data-t="909">essentially. Yeah. And you, and you know, in person,</span> <span class="cue" id="t-912" data-t="912">if somebody starts asking you about running a node</span> <span class="cue" id="t-915" data-t="915">or if you smoke cigarettes or,</span> <span class="cue" id="t-918" data-t="918">you know,</span> <span class="cue" id="t-919" data-t="919">how much, you know,</span> <span class="cue" id="t-922" data-t="922">how much you use Bitcoin, like if you use Bitcoin, you would know, but you can't you can't use chat GPT</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-928">15:28</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-928" data-t="928">to respond to them so they think that, you know whether or not our core is the best Bitcoin note to use You can't just run the chat GBT and ask them, like, you have to you have to face that person, have a conversation with them</span> <span class="cue" id="t-940" data-t="940">and, let them, you know, check your vibe a little bit and see if you actually know what you're talking about and they should be, working with you or or supporting you. Can't do that. It's easy to do online, but it's harder to do in person.</span> <span class="cue" id="t-953" data-t="953">Especially at Pay for Bitcoin Summer. Everybody's in a bikini in shorts, right? Like, there's nothing to hide. I'm excited for,</span> <span class="cue" id="t-960" data-t="960">Here's the thing. Paper Bitcoin summer where he's in a bathing suit. There's no way for a fed wearing a wire to make it into Paper Bitcoin summer. You know what I mean?</span> <span class="cue" id="t-969" data-t="969">And you're you're</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-971">16:11</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-971" data-t="971">that's all you know, where do you wanna be? Not gonna trust that guy who who's swimming with the shirt on. That's for sure.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-979">16:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-979" data-t="979">Yeah. The guy in the Monero shirt doing fucking cannonballs,</span> <span class="cue" id="t-983" data-t="983">off the diving board,</span> <span class="cue" id="t-986" data-t="986">that guy's a fad.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-989">16:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-989" data-t="989">I heard that Carolyn Levitt is gonna be showing up to, Lake Satoshi. She's I think she's hot.</span> <span class="cue" id="t-996" data-t="996">I heard she's gonna be wearing a bikini.</span> <span class="cue" id="t-999" data-t="999">We should expect her to wear a bikini because</span> <span class="cue" id="t-1002" data-t="1002">she'd be likely to be wearing a fed or sorry, wearing a wire.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1007">16:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1007" data-t="1007">Yeah. If you work for the government and you wanna come to Lake Satoshi,</span> <span class="cue" id="t-1011" data-t="1011">all we ask</span> <span class="cue" id="t-1012" data-t="1012">is show us your tits.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1015">16:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1015" data-t="1015">Well, I don't know about that. I'd I'd prefer if you kept a bra on,</span> <span class="cue" id="t-1019" data-t="1019">but definitely need to make sure that</span> <span class="cue" id="t-1022" data-t="1022">no wires on Carolyn Lovett. What do you think of, do you see Frank Korva</span> <span class="cue" id="t-1028" data-t="1028">was asking her questions this week? She's name dropping Frank Horva.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1033">17:13</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1033" data-t="1033">Yeah. I think Frank Horva Frank Horva was,</span> <span class="cue" id="t-1037" data-t="1037">he was he was doing what a good journalist does. Right? Like, they wanted they wanted to talk about</span> <span class="cue" id="t-1043" data-t="1043">crypto or, stablecoin</span> <span class="cue" id="t-1045" data-t="1045">legislation,</span> <span class="cue" id="t-1046" data-t="1046">at the press conference</span> <span class="cue" id="t-1048" data-t="1048">in Frank Korver said, are</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1051">17:31</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1051" data-t="1051">you know,</span> <span class="cue" id="t-1052" data-t="1052">talk about the other later. Are we gonna get,</span> <span class="cue" id="t-1055" data-t="1055">capital gains taxes</span> <span class="cue" id="t-1057" data-t="1057">removed from our our Bitcoin spends, our Bitcoin transactions?</span> <span class="cue" id="t-1061" data-t="1061">And she said that, she was forced to say that the the president's</span> <span class="cue" id="t-1065" data-t="1065">administration is on record</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1067">17:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1067" data-t="1067">for, supporting that. So,</span> <span class="cue" id="t-1069" data-t="1069">hell yeah, Frank.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1070">17:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1070" data-t="1070">Considering it. Just like they're considering not starting any more wars, and they're considering releasing the Epstein files, and they're considering abolishing IRS, and they're considering,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1081">18:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1081" data-t="1081">they're</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1082">18:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1082" data-t="1082">considering a lot of things right now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1085">18:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1085" data-t="1085">That is this is this is white paper bait.</span> <span class="cue" id="t-1089" data-t="1089">The government saying they're considering</span> <span class="cue" id="t-1092" data-t="1092">giving you freedom</span> <span class="cue" id="t-1093" data-t="1093">is the best you're ever gonna get from them. Alright? So as long as they're all ev as long as you keep them considered. So Donald Trump tried</span> <span class="cue" id="t-1101" data-t="1101">to just, you know, rug it, pull everybody on Epstein, throw it all under the rug.</span> <span class="cue" id="t-1105" data-t="1105">But podcasters</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1107">18:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1107" data-t="1107">said, wait a second.</span> <span class="cue" id="t-1109" data-t="1109">You don't wanna do this, buddy. You need us. You need podcasters.</span> <span class="cue" id="t-1113" data-t="1113">And so now</span> <span class="cue" id="t-1114" data-t="1114">Donald Trump's administration is back to considering releasing the Epstein Fox. That is good as we're ever gonna get. We're only gonna get a president who's gonna get and say he's considering it. Because as long as he's considering it,</span> <span class="cue" id="t-1128" data-t="1128">we're good. Right? Like, the people</span> <span class="cue" id="t-1130" data-t="1130">the people</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">Richard Greaser</b> <span class="cue" id="t-1131" data-t="1131">who committed the crimes still have to feel nervous.</span> <span class="cue" id="t-1135" data-t="1135">That's what that's all you need. That's all we're gonna get. We want them to feel nervous the rest of their life. They can't just completely get away with it. Prince Andrew has to stay</span> <span class="cue" id="t-1143" data-t="1143">in the Buckingham Palace basement the rest of his life. If that's as good as we're gonna get for prison for these Moloch worshipers,</span> <span class="cue" id="t-1150" data-t="1150">don't fuck it up.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1152">19:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1152" data-t="1152">Well, I think you're bearing the lead.</span> <span class="cue" id="t-1155" data-t="1155">I think</span> <span class="cue" id="t-1156" data-t="1156">the the the, you know, Bitcoin Magazine, all these guys,</span> <span class="cue" id="t-1161" data-t="1161">they decided to</span> <span class="cue" id="t-1163" data-t="1163">make a big deal out of the question and her answer.</span> <span class="cue" id="t-1166" data-t="1166">And she gave a very, like, scripted, like, non answer.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1170">19:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1170" data-t="1170">But</span> <span class="cue" id="t-1171" data-t="1171">the part of this which was interesting is she name dropped Frank Korva.</span> <span class="cue" id="t-1176" data-t="1176">So the the hottest press secretary in American history name dropped Frank Korva</span> <span class="cue" id="t-1181" data-t="1181">for the entire world to see.</span> <span class="cue" id="t-1184" data-t="1184">He's sitting there right next to his seat looked uncomfortable. They should give him one of the good seats next time. So I'm front and center instead of, like, kinda tucked away in the corner.</span> <span class="cue" id="t-1196" data-t="1196">But if that's not apparent that Bitcoin is one, I don't know what it is. When the when the credential journalists in the Bitcoin industry are sitting,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1204">20:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1204" data-t="1204">knee to knee with, Carolyn Levitt. I was talking with a friend this week</span> <span class="cue" id="t-1209" data-t="1209">about this concept. He was explaining to me how being around hot women is like a signal to other women of, like, your</span> <span class="cue" id="t-1217" data-t="1217">your worth worthiness.</span> <span class="cue" id="t-1219" data-t="1219">Because I I think men and women</span> <span class="cue" id="t-1222" data-t="1222">look they kinda determine hotness differently.</span> <span class="cue" id="t-1226" data-t="1226">Like, a lot of men, they'll they'll look</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1229">20:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1229" data-t="1229">at women as a lot more about, like, the physical attractiveness,</span> <span class="cue" id="t-1232" data-t="1232">which is why people are so confused when I say Lyn Alden is hot. Because I'm not talking about that. I'm just talking about her generally being hot. I guess I'm thinking like a woman. I'm judging a</span> <span class="cue" id="t-1242" data-t="1242">her hotness</span> <span class="cue" id="t-1243" data-t="1243">kinda like a woman does. But, like</span> <span class="cue" id="t-1245" data-t="1245">so</span> <span class="cue" id="t-1250" data-t="1250">so, yeah, this guy was telling me essentially,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1252">20:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1252" data-t="1252">you know, it's like a signal to other women. The other women that are looking at him were like, wow, he's hanging out with the hot chick, so he must be like way cooler</span> <span class="cue" id="t-1259" data-t="1259">or or way hotter.</span> <span class="cue" id="t-1261" data-t="1261">It's not as much about the physical attractiveness, like you hear this all the time, like, women like guys with nice cars and whatever.</span> <span class="cue" id="t-1268" data-t="1268">That's why you should wear a suit. But,</span> <span class="cue" id="t-1273" data-t="1273">Frank Korva,</span> <span class="cue" id="t-1276" data-t="1276">sitting in close proximity to the hottest press secretary</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1280">21:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1280" data-t="1280">in American history</span> <span class="cue" id="t-1282" data-t="1282">just became so hot to so many women in America?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1287">21:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1287" data-t="1287">Yeah. It's</span> <span class="cue" id="t-1289" data-t="1289">it's the it is the it's a new era. We're in the era of Frank Korva is hot. It's not Shinobi anymore. Shinobi got banned from</span> <span class="cue" id="t-1299" data-t="1299">the,</span> <span class="cue" id="t-1300" data-t="1300">the White House because he refused</span> <span class="cue" id="t-1303" data-t="1303">to apologize to Donald Trump for calling him retarded.</span> <span class="cue" id="t-1307" data-t="1307">So he does he doesn't get it.</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">Richard Greaser</b> <span class="cue" id="t-1311" data-t="1311">So it's Frank's it's Frank it's Frank Korver's time.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1316">21:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1316" data-t="1316">The big deal, folks. Hottest journalist,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1319">21:59</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1319" data-t="1319">in the in the game.</span> <span class="cue" id="t-1321" data-t="1321">That's a prestigious,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1323">22:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1323" data-t="1323">position. Yeah. Some pretty cool stuff's happening in the in the world of, Bitcoin journalism. So Lola Leads is, getting David Bailey's money.</span> <span class="cue" id="t-1332" data-t="1332">I guess he paid her in Bitcoin and not paper Bitcoin, which is kinda interesting. I don't think she takes paper Bitcoin.</span> <span class="cue" id="t-1341" data-t="1341">But she did some good journalism this week. You got Mark Goodwin going on James Corbat.</span> <span class="cue" id="t-1346" data-t="1346">That's always cool. You got Frank Korva</span> <span class="cue" id="t-1350" data-t="1350">getting names robbed.</span> <span class="cue" id="t-1352" data-t="1352">We need to come up with the nickname for Caroline.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1357">22:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1357" data-t="1357">Are you is she the hottest woman in journalism right now?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1362">22:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1362" data-t="1362">She's the top Karen.</span> <span class="cue" id="t-1364" data-t="1364">You know, Caroline Levitt's top hot. She's the hottest. She's making Karens hot again.</span> <span class="cue" id="t-1370" data-t="1370">Karens kinda had</span> <span class="cue" id="t-1371" data-t="1371">to the get in shape. Right? Like, Karens did it couldn't just take Ozempic.</span> <span class="cue" id="t-1377" data-t="1377">Karens had to come back,</span> <span class="cue" id="t-1379" data-t="1379">and show they did their proof of work and some of them didn't. I think Caroline is a good example that Karens can be hot.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1385">23:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1385" data-t="1385">We talked about it a few months ago, right? That we needed Karens to be great again.</span> <span class="cue" id="t-1390" data-t="1390">We were like,</span> <span class="cue" id="t-1392" data-t="1392">we needed people like,</span> <span class="cue" id="t-1394" data-t="1394">to cause scammers and frauds and to police the timeline and to police, you know, police our our households, right? Some of us needed our Karen whites to be great again.</span> <span class="cue" id="t-1404" data-t="1404">And some of us,</span> <span class="cue" id="t-1405" data-t="1405">we just need that that influence,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1408">23:28</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1408" data-t="1408">that positive</span> <span class="cue" id="t-1409" data-t="1409">incentive aligned, you know, thermodynamically</span> <span class="cue" id="t-1412" data-t="1412">sound care and influence</span> <span class="cue" id="t-1414" data-t="1414">in our cult, and Caroline Levitz is a good example of that, right?</span> <span class="cue" id="t-1418" data-t="1418">She kinda sets the, the woke,</span> <span class="cue" id="t-1421" data-t="1421">smarmy, you know, media kinda in their place. Like, she she she doesn't let them, you know, drag down</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1429">23:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1429" data-t="1429">the presidential,</span> <span class="cue" id="t-1430" data-t="1430">you know, official press conference with the land acknowledgement. Right?</span> <span class="cue" id="t-1434" data-t="1434">Like, she today they threatened. Right? They threatened a football team that they had to change,</span> <span class="cue" id="t-1439" data-t="1439">their name back to the Redskins. Right? Because,</span> <span class="cue" id="t-1443" data-t="1443">everybody hates their Washington commanders, but the DEI or excuse me, the HR department, the Karen HR department of DC</span> <span class="cue" id="t-1450" data-t="1450">made them change it to the commanders. But we have</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1453">24:13</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1453" data-t="1453">right now it's time to let boys be boys. Right? Like, to to let the Karens</span> <span class="cue" id="t-1458" data-t="1458">the new Karens be in charge. It's awesome. Miss Hoddle, she's a crazy amp. Right? Like, somebody tried to steal an Amazon package she was chased so off with fucking shotgun,</span> <span class="cue" id="t-1467" data-t="1467">wearing, like, a forty hours per week t shirt. I mean,</span> <span class="cue" id="t-1470" data-t="1470">you know, Karen's listen Karen Karen's listen to the bugle,</span> <span class="cue" id="t-1473" data-t="1473">you know, Karen's who at least, you know, don't</span> <span class="cue" id="t-1476" data-t="1476">they don't give you a demerit at work for wearing a Lin Alton is hot shirt. That's that's all I'm saying.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1482">24:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1482" data-t="1482">Trump loves to staff his administration with Karens.</span> <span class="cue" id="t-1486" data-t="1486">Got Pam Bondi. She's a Karen, for sure.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1489">24:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1489" data-t="1489">His chief of staff, dude. I mean, have you seen her? She is a,</span> <span class="cue" id="t-1495" data-t="1495">she's built</span> <span class="cue" id="t-1496" data-t="1496">like, Tatum.</span> <span class="cue" id="t-1499" data-t="1499">Tatum was five foot four</span> <span class="cue" id="t-1501" data-t="1501">and,</span> <span class="cue" id="t-1502" data-t="1502">but she's got blonde, she's got that big Karen hair that fucking blow up Karen hair, yeah, she's a cowgirl, she's got a southern accent, she wears cowboy hats, cowboy boots and that is the Karen running the,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1513">25:13</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1513" data-t="1513">the the Trump's, like, main staff. So</span> <span class="cue" id="t-1516" data-t="1516">it's Karen Rich. Karen and Karen the Karen influence.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1522">25:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1522" data-t="1522">Absolutely.</span> <span class="cue" id="t-1525" data-t="1525">Yeah. Karens are</span> <span class="cue" id="t-1528" data-t="1528">the only way that to take down the woke life is by being Karens.</span> <span class="cue" id="t-1531" data-t="1531">If they're gonna be Karen you gotta fight Karenism with Karenism. Karens play a very important role</span> <span class="cue" id="t-1538" data-t="1538">in our society,</span> <span class="cue" id="t-1541" data-t="1541">And it's one of the best defenses being a Karen is one of the best defenses</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1546">25:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1546" data-t="1546">against communism.</span> <span class="cue" id="t-1550" data-t="1550">Speaking of Karens though,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1552">25:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1552" data-t="1552">The Karens are hot at paper Bitcoin summer. You know what I mean? That's, that's an e that's another way to put it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1558">25:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1558" data-t="1558">Well,</span> <span class="cue" id="t-1560" data-t="1560">Plutterer isn't. Plutterer's back on Twitter. He came back. You you chased him away.</span> <span class="cue" id="t-1565" data-t="1565">He had to take a mental health</span> <span class="cue" id="t-1567" data-t="1567">break because of you,</span> <span class="cue" id="t-1569" data-t="1569">and then</span> <span class="cue" id="t-1570" data-t="1570">he recovered and came back. So Karen</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1573">26:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1573" data-t="1573">Pletteter the Karen's back on Twitter.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1576">26:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1576" data-t="1576">Yeah. So, you know, Pletteter</span> <span class="cue" id="t-1578" data-t="1578">is he's definitely like he's got that really</span> <span class="cue" id="t-1581" data-t="1581">feminine catty</span> <span class="cue" id="t-1584" data-t="1584">kinda energy,</span> <span class="cue" id="t-1585" data-t="1585">he's kinda like, you know, like the guys on the Bravo network,</span> <span class="cue" id="t-1590" data-t="1590">you know, just that catty energy, hot drama,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1593">26:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1593" data-t="1593">but he's, you know, just wanna call him a Karen w, and he's Pledger's not the Karen.</span> <span class="cue" id="t-1598" data-t="1598">Karen</span> <span class="cue" id="t-1599" data-t="1599">is is is Karen Karen's look like Carolyn Levitt, not Pledger, and I'm and I'm tired of pretending otherwise.</span> <span class="cue" id="t-1607" data-t="1607">How do you know? A predator could totally be a hot blonde. I you know, that's the other thing. The best thing about hot blondes is you never have to wonder,</span> <span class="cue" id="t-1616" data-t="1616">if you've seen enough pictures of them, they love to share pictures of themselves, And they love to share pictures of themselves</span> <span class="cue" id="t-1622" data-t="1622">looking hot,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1624">27:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1624" data-t="1624">to the hotter they are.</span> <span class="cue" id="t-1626" data-t="1626">So anytime you're talking to,</span> <span class="cue" id="t-1628" data-t="1628">anytime you're talking to somebody</span> <span class="cue" id="t-1631" data-t="1631">who claims to be a hot woman</span> <span class="cue" id="t-1633" data-t="1633">but likes anime,</span> <span class="cue" id="t-1635" data-t="1635">you</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1636">27:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1636" data-t="1636">gotta</span> <span class="cue" id="t-1637" data-t="1637">you're being catfished, man.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1640">27:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1640" data-t="1640">Too good to be true. What do you think about anime? What are your personal opinions on it?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1646">27:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1646" data-t="1646">I,</span> <span class="cue" id="t-1647" data-t="1647">I never really</span> <span class="cue" id="t-1649" data-t="1649">was a</span> <span class="cue" id="t-1651" data-t="1651">The only cartoons I like is South Park</span> <span class="cue" id="t-1654" data-t="1654">and,</span> <span class="cue" id="t-1656" data-t="1656">that's pretty much it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1659">27:39</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1659" data-t="1659">I don't even like,</span> <span class="cue" id="t-1660" data-t="1660">the Pickle Rick. What's the show? Rick and Morty. Never been a Rick and Morty guy. I don't know. I don't get the,</span> <span class="cue" id="t-1666" data-t="1666">I don't get as much signal out of cartoons.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1670">27:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1670" data-t="1670">What? Yeah. There's a lot of people that feel that way. Why do you think that is? I like cartoons, personally. I don't know. I I never thought about that. I think,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1680">27:60</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1680" data-t="1680">I think because</span> <span class="cue" id="t-1681" data-t="1681">I I just can't I I like hot I don't think cartoons are hot.</span> <span class="cue" id="t-1685" data-t="1685">Like, I'd rather watch, like, Day Watch,</span> <span class="cue" id="t-1690" data-t="1690">or some kind of cool movies, like, in anime, they they're trying to make the girls hot, but I just don't think anime girls were hot.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1699">28:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1699" data-t="1699">Do you think it's because of their physical</span> <span class="cue" id="t-1701" data-t="1701">presentation or it's their annoying voices</span> <span class="cue" id="t-1705" data-t="1705">or It's a good</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1707">28:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1707" data-t="1707">It</span> <span class="cue" id="t-1708" data-t="1708">could be,</span> <span class="cue" id="t-1711" data-t="1711">it could be it's probably a combination of all those things. The voices,</span> <span class="cue" id="t-1716" data-t="1716">you know,</span> <span class="cue" id="t-1718" data-t="1718">I I guess I never I could ever put myself in the sh in the shoes of a protagonist</span> <span class="cue" id="t-1726" data-t="1726">who was chasing after a hot chick if the hot chick was a cartoon. So I couldn't relate to it. Because I didn't think the cartoon was hot. So I wouldn't have made I wouldn't have let my girlfriend go</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1737">28:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1737" data-t="1737">to target</span> <span class="cue" id="t-1738" data-t="1738">with my lightning wallet</span> <span class="cue" id="t-1740" data-t="1740">if, you know,</span> <span class="cue" id="t-1745" data-t="1745">if she wasn't super hot and, you know, it's I would know better than that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1751">29:11</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1751" data-t="1751">I just couldn't relate to the way they would make decisions. I used to like anime a lot more. I I think I've struggled with it because it's just it it's hard when you</span> <span class="cue" id="t-1760" data-t="1760">there's so much filler</span> <span class="cue" id="t-1762" data-t="1762">in most animes.</span> <span class="cue" id="t-1765" data-t="1765">So</span> <span class="cue" id="t-1766" data-t="1766">when you're listening to forty hours of podcast, you don't have</span> <span class="cue" id="t-1770" data-t="1770">room for 40 episodes of filler.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1773">29:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1773" data-t="1773">And I don't know if it's interesting. But anyways,</span> <span class="cue" id="t-1778" data-t="1778">that's a good point.</span> <span class="cue" id="t-1780" data-t="1780">If one likes anime, it's too good to be true.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1782">29:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1782" data-t="1782">Right. And I I just think that hot chicks</span> <span class="cue" id="t-1786" data-t="1786">have never thought that much about anime</span> <span class="cue" id="t-1789" data-t="1789">to either like it or not like it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1792">29:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1792" data-t="1792">So the I think a really important conversation to have at this point so, like, we're in the early stages of the bull market.</span> <span class="cue" id="t-1801" data-t="1801">Paper Bitcoin summer is probably gonna carry on in the paper Bitcoin autumn and paper get Bitcoin fall and paper Bitcoin spring and then paper Bitcoin.</span> <span class="cue" id="t-1810" data-t="1810">Are we moving into the eternal age of of Bitcoins paper Bitcoin summer?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1816">30:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1816" data-t="1816">I think maybe it's the</span> <span class="cue" id="t-1819" data-t="1819">beginning of a new era, a new epoch.</span> <span class="cue" id="t-1824" data-t="1824">It's kinda like the fork turning, right? Like it's,</span> <span class="cue" id="t-1826" data-t="1826">the major institutions</span> <span class="cue" id="t-1828" data-t="1828">have kind of,</span> <span class="cue" id="t-1830" data-t="1830">I don't know, they just haven't held up in some in some cases,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1835">30:35</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1835" data-t="1835">so</span> <span class="cue" id="t-1836" data-t="1836">they</span> <span class="cue" id="t-1838" data-t="1838">if you can't get the if you can't get the price over 100, 120,000,</span> <span class="cue" id="t-1842" data-t="1842">it's time for the, you know,</span> <span class="cue" id="t-1844" data-t="1844">it's time for new ideas, new builders,</span> <span class="cue" id="t-1846" data-t="1846">new ways of using Bitcoin to solve big problems at scale because the people who've claimed that, you know, they're fighting over lighting doesn't work and they were fighting over this time is going by Somebody's gotta build something that uses Bitcoin and makes it more valuable and grows its</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1863">31:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1863" data-t="1863">grows its magnitude and grows its, influence throughout all parts of culture and life and economy</span> <span class="cue" id="t-1870" data-t="1870">and the incentive structure</span> <span class="cue" id="t-1873" data-t="1873">of how all of our relationships work. If you gotta change that, it's and the only way it does that is if it keeps growing.</span> <span class="cue" id="t-1880" data-t="1880">And unfortunately,</span> <span class="cue" id="t-1881" data-t="1881">some of these lightning solutions and building more lightning wallets,</span> <span class="cue" id="t-1885" data-t="1885">and not really doing anything about the user experience or just accepting that there's other user experiences</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1891">31:31</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1891" data-t="1891">that, people might be interested in as well and building those things and seeing what works.</span> <span class="cue" id="t-1897" data-t="1897">Some people are waiting for a magic Ozempic pill,</span> <span class="cue" id="t-1901" data-t="1901">like,</span> <span class="cue" id="t-1902" data-t="1902">a soft fork,</span> <span class="cue" id="t-1904" data-t="1904">or just a new</span> <span class="cue" id="t-1907" data-t="1907">a new solution to scaling Bitcoin for the use of 8,000,000,000 people but right now the problem is 8,000,000,000 people don't demand to use Bitcoin and it's not</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1918">31:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1918" data-t="1918">so we're we're trying to build I don't know</span> <span class="cue" id="t-1921" data-t="1921">it's,</span> <span class="cue" id="t-1922" data-t="1922">but I think it's just an acknowledgement,</span> <span class="cue" id="t-1925" data-t="1925">of of that</span> <span class="cue" id="t-1926" data-t="1926">and being open minded to,</span> <span class="cue" id="t-1929" data-t="1929">things that work and I think</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1931">32:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1931" data-t="1931">we don't get to decide what works. We just have to observe</span> <span class="cue" id="t-1934" data-t="1934">the outcomes,</span> <span class="cue" id="t-1937" data-t="1937">and and and determine</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1939">32:19</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1939" data-t="1939">where to go next. Have you seen that Lightning liquidity has dramatically dropped</span> <span class="cue" id="t-1944" data-t="1944">since paper Bitcoin started coming around?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1947">32:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1947" data-t="1947">Right. I mean, we we we see the mempool. Right? Like, they're talking about</span> <span class="cue" id="t-1951" data-t="1951">removing</span> <span class="cue" id="t-1952" data-t="1952">the the one sat limit. So it's like you go less than one sat per VPIPE,</span> <span class="cue" id="t-1957" data-t="1957">because there's it's like, you know, it's like interest rates. Right? It's like if interest rates are going to negative or interest rates are going negative,</span> <span class="cue" id="t-1965" data-t="1965">it's due to lack of demand,</span> <span class="cue" id="t-1967" data-t="1967">so you're having to lower cost.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1971">32:51</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1971" data-t="1971">So</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1972">32:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1972" data-t="1972">We we should have never had the one sat limit in the first place. I mean, this is this is the problem when you let socialist</span> <span class="cue" id="t-1980" data-t="1980">use Bitcoin</span> <span class="cue" id="t-1981" data-t="1981">and engage in the conversation as they try to create minimum wages.</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">Exactly. So we're judging one sat v buy as like this. I mean, that's we think one sat v buy is as low as it goes.</span> <span class="cue" id="t-1994" data-t="1994">And the market's trying to tell Bitcoin, like,</span> <span class="cue" id="t-1997" data-t="1997">that's an artificial</span> <span class="cue" id="t-1999" data-t="1999">number. That's not a real number. One sat review, right, that means nothing</span> <span class="cue" id="t-2003" data-t="2003">because it can go much lower. The demand for block space can go much lower. So we need,</span> <span class="cue" id="t-2009" data-t="2009">to see how low that is because</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2011">33:31</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2011" data-t="2011">determining how to build</span> <span class="cue" id="t-2013" data-t="2013">on top of Bitcoin means,</span> <span class="cue" id="t-2015" data-t="2015">means knowing the availability</span> <span class="cue" id="t-2017" data-t="2017">and the value of block space. Because if you don't have that, what are you gonna do? I don't know.</span> <span class="cue" id="t-2022" data-t="2022">So we need</span> <span class="cue" id="t-2023" data-t="2023">we need to pay miners less. They need we need to lower</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2027">33:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2027" data-t="2027">or remove that that the fake limit.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2031">33:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2031" data-t="2031">I just think there needs to be a free market</span> <span class="cue" id="t-2034" data-t="2034">for these things. This is like, you know, what what you'll hear just in your first forty hours listening to Bitcoin podcast is people talking about a free market.</span> <span class="cue" id="t-2043" data-t="2043">And the problem with any sort of price controls whatsoever</span> <span class="cue" id="t-2047" data-t="2047">is that it inevitably creates market distortions. And I think we're seeing this in block space right now,</span> <span class="cue" id="t-2053" data-t="2053">where what's funny is if you if you continuously lower the price and there's no floor on it,</span> <span class="cue" id="t-2059" data-t="2059">people will use it probably</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2061">34:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2061" data-t="2061">significantly more.</span> <span class="cue" id="t-2063" data-t="2063">And</span> <span class="cue" id="t-2065" data-t="2065">yeah. I don't know. I mean, we're gonna see weird things. We're gonna see things like minors, like</span> <span class="cue" id="t-2071" data-t="2071">you might even see fees go negative at some point, where miners are paying people to send Bitcoin transactions. But</span> <span class="cue" id="t-2077" data-t="2077">that that'll get all funky and weird.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2081">34:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2081" data-t="2081">But It's like carving threads. Like, you get, like, you you some some people</span> <span class="cue" id="t-2085" data-t="2085">hash at a higher price. Exactly.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2088">34:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2088" data-t="2088">Or do can you imagine we see government subsidized</span> <span class="cue" id="t-2092" data-t="2092">block space?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2093">34:53</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2093" data-t="2093">Well, yeah. It's like it's like, I'm gonna turn it's,</span> <span class="cue" id="t-2096" data-t="2096">the difficulty to see why, so I turn off and I'll just pay,</span> <span class="cue" id="t-2102" data-t="2102">or I'll just give you hash for free.</span> <span class="cue" id="t-2106" data-t="2106">That's kinda crazy. You there's just miners just being like, here, have my hash for free. Maybe that's what it is. Maybe it's like miners need are gonna need exit liquidity</span> <span class="cue" id="t-2115" data-t="2115">in the form of hash, and that's where bid actors are stabilizing the grid. Bid actors universally are just giving their hash for free.</span> <span class="cue" id="t-2123" data-t="2123">Right. So it's,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2124">35:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2124" data-t="2124">they're stabilizing the grid. It's like the</span> <span class="cue" id="t-2128" data-t="2128">it's like the retarded tax. Right? Like, you,</span> <span class="cue" id="t-2132" data-t="2132">it's the retard tax.</span> <span class="cue" id="t-2134" data-t="2134">That's that's that's gonna make Bitcoin more efficient.</span> <span class="cue" id="t-2137" data-t="2137">Bitcoin that's why Bitcoin is more efficient. Right? It has a Bitcoin has a retard tax. If you don't know what you're doing</span> <span class="cue" id="t-2144" data-t="2144">and you're and you're you're gonna you're gonna pay higher costs. If you don't, you if you don't consolidate your UTXOs, you're gonna pay a higher cost to the miners. If you don't if you buy, you know,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2155">35:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2155" data-t="2155">s nines and you're paying for electricity in San Francisco,</span> <span class="cue" id="t-2159" data-t="2159">well, that's free hash for, the Bitcoin network. Thank you for</span> <span class="cue" id="t-2164" data-t="2164">your donation.</span> <span class="cue" id="t-2165" data-t="2165">Bitcoin has a retard tax. And if you don't know what you're doing and you can't explain it on a pod if you couldn't go on a Bitcoin podcast and explain what you're doing and all this money you just spent your wife's $4.00 1 k money on,</span> <span class="cue" id="t-2178" data-t="2178">is it you might get lucky.</span> <span class="cue" id="t-2180" data-t="2180">Just remember,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2182">36:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2182" data-t="2182">Bitcoin has a retard tax.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2185">36:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2185" data-t="2185">It's it's the retard tax is consequences.</span> <span class="cue" id="t-2189" data-t="2189">That that's what it is. And</span> <span class="cue" id="t-2191" data-t="2191">you you you see,</span> <span class="cue" id="t-2193" data-t="2193">in the fiat world, retardation</span> <span class="cue" id="t-2195" data-t="2195">is subsidized</span> <span class="cue" id="t-2197" data-t="2197">every way possible. So, like, you ex you you look at,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2201">36:41</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2201" data-t="2201">for example,</span> <span class="cue" id="t-2203" data-t="2203">cigarette taxes. If you're you shouldn't pay taxes on cigarettes because it fund it it funds and subsidizes</span> <span class="cue" id="t-2209" data-t="2209">retardation.</span> <span class="cue" id="t-2211" data-t="2211">Those funds are taken a lot of times, they they do things like they they pump it in schools.</span> <span class="cue" id="t-2217" data-t="2217">So essentially, with with all that tax money is going is is creating this bureaucratic administration</span> <span class="cue" id="t-2222" data-t="2222">state</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2225">37:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2225" data-t="2225">and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2226">37:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2226" data-t="2226">The cigarette tax got us pronouns. That's what it did. The cigarette tax brought us pronouns in schools. Limbs of TikTok,</span> <span class="cue" id="t-2234" data-t="2234">all those videos</span> <span class="cue" id="t-2235" data-t="2235">is the result of cigarette taxes. Your your child is transgendered</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2240">37:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2240" data-t="2240">because of cigarette taxes now.</span> <span class="cue" id="t-2243" data-t="2243">That that's what</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2244">37:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2244" data-t="2244">There were two genders before they implemented those taxes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2248">37:28</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2248" data-t="2248">This this is why consequences are important and why re or subsidizing retardation is stupid is,</span> <span class="cue" id="t-2259" data-t="2259">it's it's one of the beautiful things about Bitcoin. If you don't know what you're if you're not listening to forty hours of Bitcoin podcast a week, you're gonna just get absolutely wrecked. And that's the way the things should be, kinda universally. When when you're become a grown up, if you're not take doing what it takes to be grown like, people shouldn't be doing everything for you</span> <span class="cue" id="t-2281" data-t="2281">as a as an adult as a grown up. Like, this is why so many people don't like the podcast,</span> <span class="cue" id="t-2287" data-t="2287">in my opinion.</span> <span class="cue" id="t-2289" data-t="2289">Because they don't wanna go through the actual work of of doing it really well. They don't wanna go through the research. They don't wanna go through, you know,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2296">38:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2296" data-t="2296">dealing with all the doodads. They don't want to,</span> <span class="cue" id="t-2301" data-t="2301">they want they wanna have an opinion. They wanna they wanna sit on the fence and have an opinion.</span> <span class="cue" id="t-2306" data-t="2306">They want somebody else to do the podcast for them and invite them on to listen to them talk.</span> <span class="cue" id="t-2310" data-t="2310">But they don't actually want to be the ones doing all the heavy lifting because Right.</span> <span class="cue" id="t-2316" data-t="2316">They don't wanna put in enough work to not suck.</span> <span class="cue" id="t-2319" data-t="2319">And, like, this is where a lot of people are at,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2322">38:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2322" data-t="2322">kinda universally. This is where the grumpy camp, I think, is at right now.</span> <span class="cue" id="t-2326" data-t="2326">Because they just don't wanna put in the work to not suck.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2330">38:50</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2330" data-t="2330">And</span> <span class="cue" id="t-2331" data-t="2331">that that's</span> <span class="cue" id="t-2332" data-t="2332">we talk about,</span> <span class="cue" id="t-2334" data-t="2334">you know, being able to afford taxes and what does that mean, right?</span> <span class="cue" id="t-2338" data-t="2338">It just means</span> <span class="cue" id="t-2340" data-t="2340">that paper Bitcoin</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2342">39:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2342" data-t="2342">is</span> <span class="cue" id="t-2343" data-t="2343">a lot like</span> <span class="cue" id="t-2345" data-t="2345">the rest of society, right? It's like you are</span> <span class="cue" id="t-2348" data-t="2348">paying taxes because you think that the government knows it and will take care of you. And you're like, you think of, like, I buy these paper Bitcoin stocks, these ETFs. I I'm buying the</span> <span class="cue" id="t-2358" data-t="2358">the</span> <span class="cue" id="t-2360" data-t="2360">the feel good,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2361">39:21</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2361" data-t="2361">risk minimized,</span> <span class="cue" id="t-2363" data-t="2363">compliant,</span> <span class="cue" id="t-2365" data-t="2365">way that the government will take care of me,</span> <span class="cue" id="t-2367" data-t="2367">and I want the government to take care of my Bitcoin for me. That's what you're saying. You know? And for some people,</span> <span class="cue" id="t-2373" data-t="2373">that's fine. And in some circumstances,</span> <span class="cue" id="t-2376" data-t="2376">that's fine. In some cases, maybe that's even beneficial. Depends on your unique</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2380">39:40</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2380" data-t="2380">perspective.</span> <span class="cue" id="t-2381" data-t="2381">But,</span> <span class="cue" id="t-2382" data-t="2382">you know, that is what they're saying. And</span> <span class="cue" id="t-2385" data-t="2385">with that</span> <span class="cue" id="t-2387" data-t="2387">is the tax. And</span> <span class="cue" id="t-2389" data-t="2389">but the court but Bitcoin the reason we use Bitcoin on chain is we know that REITs are taxed</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2394">39:54</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2394" data-t="2394">benefits,</span> <span class="cue" id="t-2396" data-t="2396">it benefits the rest of the network. The people who listen to forty hours per week, the people who use Bitcoin, the people who are putting the most work and building on Bitcoin. We get lower,</span> <span class="cue" id="t-2404" data-t="2404">you know, block</span> <span class="cue" id="t-2406" data-t="2406">our our our block fees are low, and we consolidate our UTXs.</span> <span class="cue" id="t-2409" data-t="2409">We are</span> <span class="cue" id="t-2410" data-t="2410">staying</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2411">40:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2411" data-t="2411">our ability to continue using layer one as Bitcoin grows, and</span> <span class="cue" id="t-2416" data-t="2416">you it it it becomes a more,</span> <span class="cue" id="t-2419" data-t="2419">high value chain.</span> <span class="cue" id="t-2421" data-t="2421">The people who put in the most listen to most podcasts</span> <span class="cue" id="t-2425" data-t="2425">benefit from the retard tax.</span> <span class="cue" id="t-2427" data-t="2427">And,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2429">40:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2429" data-t="2429">in the in the fiat world,</span> <span class="cue" id="t-2431" data-t="2431">it's the it's the other way around. The people who</span> <span class="cue" id="t-2434" data-t="2434">work the hardest, do the best, they are they have to pay the highest retard tax. But in on Bitcoin,</span> <span class="cue" id="t-2441" data-t="2441">you your proof of work</span> <span class="cue" id="t-2443" data-t="2443">lowers your retard tax rate.</span> <span class="cue" id="t-2445" data-t="2445">And that's and that's just the way you should think about it. When you think about how much of my $4.00 1 k should I allocate in to pay for Bitcoin</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2454">40:54</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2454" data-t="2454">versus how much should I allocate?</span> <span class="cue" id="t-2457" data-t="2457">It's a cool story, like, I control my keys.</span> <span class="cue" id="t-2460" data-t="2460">It's just, where are you on your confidence,</span> <span class="cue" id="t-2464" data-t="2464">about avoiding the retarget tax?</span> <span class="cue" id="t-2466" data-t="2466">Pure and simple. The answer to that question</span> <span class="cue" id="t-2469" data-t="2469">will answer how much vapor Bitcoin you have versus how much,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2472">41:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2472" data-t="2472">real Bitcoin you have.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2475">41:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2475" data-t="2475">Absolutely. Yeah. It's just a matter of how how you wanna see the world. If if you want</span> <span class="cue" id="t-2481" data-t="2481">your kindergarten your children's kindergarten teacher to tell your kid that they're trans or non binary, then you should buy paper</span> <span class="cue" id="t-2487" data-t="2487">Bitcoin.</span> <span class="cue" id="t-2488" data-t="2488">Yeah.</span> <span class="cue" id="t-2490" data-t="2490">Like,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2492">41:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2492" data-t="2492">Stablecoins are for HR departments.</span> <span class="cue" id="t-2495" data-t="2495">Paying for Bitcoin</span> <span class="cue" id="t-2497" data-t="2497">is for,</span> <span class="cue" id="t-2499" data-t="2499">you know, HR</span> <span class="cue" id="t-2501" data-t="2501">private, you know, investments.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2503">41:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2503" data-t="2503">Absolutely.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2506">41:46</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2506" data-t="2506">Paying for Bitcoin is perfect for your wife. There you go. Your wife will love paper Bitcoin. If you if that's the only way you can get her to convert her Roth IRA</span> <span class="cue" id="t-2515" data-t="2515">into Bitcoin is paper Bitcoin.</span> <span class="cue" id="t-2517" data-t="2517">Paper Bitcoin's great for your wife's four zero one k. So the Genius Act got hacked.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2523">42:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2523" data-t="2523">Are you excited?</span> <span class="cue" id="t-2526" data-t="2526">Feel like we were telegraphing this</span> <span class="cue" id="t-2528" data-t="2528">for a very long time.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2531">42:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2531" data-t="2531">Well, we actually read, Mark Goodwin's,</span> <span class="cue" id="t-2535" data-t="2535">extremely</span> <span class="cue" id="t-2536" data-t="2536">long,</span> <span class="cue" id="t-2537" data-t="2537">articles,</span> <span class="cue" id="t-2539" data-t="2539">and we and we'd give him feedback on that. So part of the benefit of that, reading Mark's articles is knowing,</span> <span class="cue" id="t-2547" data-t="2547">the Genius Act was gonna pass the sweep.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2551">42:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2551" data-t="2551">I actually have my wife read me</span> <span class="cue" id="t-2554" data-t="2554">his articles. In effect, my wife has turned into a podcaster, my personal podcaster.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2559">42:39</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2559" data-t="2559">You could it's like you make your instead of listening to Mark's book or your favorite Bitcoin book,</span> <span class="cue" id="t-2565" data-t="2565">from Guy Swan's voice,</span> <span class="cue" id="t-2567" data-t="2567">I have it read to you in your wife's voice.</span> <span class="cue" id="t-2572" data-t="2572">A lot of people your your auto</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2575">42:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2575" data-t="2575">A lot a lot of people get this wrong in relationships. So they,</span> <span class="cue" id="t-2579" data-t="2579">there there's so many Bitcoin adjacent people.</span> <span class="cue" id="t-2582" data-t="2582">They get so horny listening to Michael Sailor talk.</span> <span class="cue" id="t-2586" data-t="2586">They</span> <span class="cue" id="t-2587" data-t="2587">they see the open mouth thumbnail. They click on the video. They're like, fuck.</span> <span class="cue" id="t-2591" data-t="2591">Sailor's talking. I'm so horny now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2596">43:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2596" data-t="2596">You know, you you shouldn't give a</span> <span class="cue" id="t-2599" data-t="2599">like, if you're a</span> <span class="cue" id="t-2602" data-t="2602">heterosexual,</span> <span class="cue" id="t-2605" data-t="2605">monogamous</span> <span class="cue" id="t-2606" data-t="2606">male,</span> <span class="cue" id="t-2608" data-t="2608">Dennis Porter's an exception to this, but Michael Sailor shouldn't be making you horny. Like, the gay fads shouldn't be making you horny.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2616">43:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2616" data-t="2616">Your wife shouldn't be making you horny.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2619">43:39</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2619" data-t="2619">When your wife</span> <span class="cue" id="t-2621" data-t="2621">when your wife kind of walks by</span> <span class="cue" id="t-2623" data-t="2623">the bedroom door in her lingerie,</span> <span class="cue" id="t-2627" data-t="2627">and and you pretend like you don't notice because you're listening to Bitcoin University with Matt Kratter,</span> <span class="cue" id="t-2633" data-t="2633">like,</span> <span class="cue" id="t-2634" data-t="2634">that you shouldn't be</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2637">43:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2637" data-t="2637">watching Matt Crater in the dark, you know, when your wife is in lingerie in the bedroom. You shouldn't be, that shouldn't be your life. Right? Like you, you shouldn't be listening to Sailor. You shouldn't be listening to anybody, honestly. Right? But like, that's just a few examples.</span> <span class="cue" id="t-2651" data-t="2651">You should you should be you should have your wife read the content,</span> <span class="cue" id="t-2655" data-t="2655">to you.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2658">44:18</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2658" data-t="2658">Absolutely.</span> <span class="cue" data-t="2658">Yeah. I mean, they're like, there's there's nothing sexier than,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2663">44:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2663" data-t="2663">I I think we bang, like, after every single Mark Goodwin article she's read me. On the other side of it, man, don't be when your wife has her book club meetups</span> <span class="cue" id="t-2672" data-t="2672">and they're,</span> <span class="cue" id="t-2674" data-t="2674">they're watching BTC sessions tutorials and your wife's showing her friends in the neighborhood in the HOA</span> <span class="cue" id="t-2679" data-t="2679">how to run their own node and they're watching BTC sessions tutorials.</span> <span class="cue" id="t-2683" data-t="2683">You, you should be as the husband of the house</span> <span class="cue" id="t-2686" data-t="2686">giving that presentation to your wife's book club friends. You should be showing them how to, how, how you run your node for your wife so that they can, and their husbands should be there with them. They should be learning how to run a note to you. They shouldn't be watching</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2697">44:57</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2697" data-t="2697">BTC sessions tutorials.</span> <span class="cue" id="t-2699" data-t="2699">You know, why my husbands are out working or coughing.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2703">45:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2703" data-t="2703">Absolutely. So what what do you think is the appropriate Bitcoin only approach with,</span> <span class="cue" id="t-2708" data-t="2708">the stable coin stuff? Should,</span> <span class="cue" id="t-2710" data-t="2710">as Bitcoin only people, should they be focusing on</span> <span class="cue" id="t-2715" data-t="2715">making sure that Tether comes to Bitcoin or should they be saying that Tether should only be used on Tron and Ethereum</span> <span class="cue" id="t-2721" data-t="2721">and base?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2723">45:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2723" data-t="2723">I think the first thing to know</span> <span class="cue" id="t-2725" data-t="2725">is that</span> <span class="cue" id="t-2727" data-t="2727">you don't, there's gonna be a lot of people</span> <span class="cue" id="t-2729" data-t="2729">demanding</span> <span class="cue" id="t-2730" data-t="2730">that you</span> <span class="cue" id="t-2732" data-t="2732">agree that the stable coins are the CBDC.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2736">45:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2736" data-t="2736">They're going to, they're just, they're gonna wanna know your opinion on stable coins,</span> <span class="cue" id="t-2741" data-t="2741">and</span> <span class="cue" id="t-2743" data-t="2743">some people will, you know, make you admit, hey this is actually</span> <span class="cue" id="t-2747" data-t="2747">better for, it's faster for, it's better for Bitcoin, like this is gonna lead to more Bitcoin adoption actually.</span> <span class="cue" id="t-2755" data-t="2755">You think you don't have to agree or, like, argue with any of that. I mean,</span> <span class="cue" id="t-2761" data-t="2761">the well, what we do know about CBDCs</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2763">46:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2763" data-t="2763">or at least what you should know. Right? It's like if you ever read one of those books where they talk about the Antichrist, like the Antichrist doesn't come out and say, hello, My name is Senator Antichrist,</span> <span class="cue" id="t-2772" data-t="2772">and I'm here to give you a central bank digital currency. And a lot of people thought that about Elizabeth Warren, but I think that was kind of probably,</span> <span class="cue" id="t-2781" data-t="2781">you know, more of the kayfabe. But</span> <span class="cue" id="t-2784" data-t="2784">it's not gonna come out and say it's a CBDC so you you don't you don't have to rush into saying you can wait and see. You can just wait and see, you can chill and you can avoid using it because like nobody's nobody's gonna come to you and knock on your door and say please you have to take this money we're giving you.</span> <span class="cue" id="t-2801" data-t="2801">You're gonna you have to work for you're gonna have to comply harder to get access to it anyway.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2809">46:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2809" data-t="2809">So just wait and see.</span> <span class="cue" id="t-2811" data-t="2811">And,</span> <span class="cue" id="t-2813" data-t="2813">don't listen. I'm not listening to are they good for the economy? Are they good for Bitcoin? We'll see. I'm not listening to Stablecoin podcast, though. I'm listening to Bitcoin podcast,</span> <span class="cue" id="t-2823" data-t="2823">and and I'm not I'm not wasting my my energy on on stable coins right now. Are there stable coin podcasts? I don't know. I,</span> <span class="cue" id="t-2830" data-t="2830">according to,</span> <span class="cue" id="t-2832" data-t="2832">the Human Rights Foundation, Alex Gladstein,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2837">47:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2837" data-t="2837">He was re were interacting on Twitter, and he said that there were. He said that there were,</span> <span class="cue" id="t-2842" data-t="2842">Stablecoin podcasts. I I he was asking Grok about Stablecoin podcasts. I don't know why. But he found out that there were some. If there was a guy that I would kinda peg to listen</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2852">47:32</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2852" data-t="2852">to Stablecoin podcast, it would definitely be Gladstein.</span> <span class="cue" id="t-2856" data-t="2856">It would also be</span> <span class="cue" id="t-2858" data-t="2858">Samsung Mao.</span> <span class="cue" id="t-2860" data-t="2860">I could see Adam Back listening to Stablecoin podcast.</span> <span class="cue" id="t-2865" data-t="2865">Jesse Schrader?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2869">47:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2869" data-t="2869">For sure. I mean and you know what? I think that,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2874">47:54</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2874" data-t="2874">you know,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2874">47:54</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" data-t="2874">I think, you know, I I can also see, like, Ron Hamilton listening to Stablecoin podcast.</span> <span class="cue" id="t-2879" data-t="2879">And I listen. I don't think that it is</span> <span class="cue" id="t-2883" data-t="2883">even the worst. I if you have a job where you have to be, like, cognizant of the impact Stablecoins are gonna have on your job, on your industry, you should probably listen to Stablecoin. But my advice to you, though, especially Alex Gladstein, honestly,</span> <span class="cue" id="t-2895" data-t="2895">is don't go on Twitter and start,</span> <span class="cue" id="t-2899" data-t="2899">bragging about, like,</span> <span class="cue" id="t-2901" data-t="2901">full stuff you heard on Sablecoin podcast. I would just do it and,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2905">48:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2905" data-t="2905">you know,</span> <span class="cue" id="t-2906" data-t="2906">take a listen to my forty hours per week. Right? Yeah. Keep podcast talk the, you know, Bitcoin podcast stuff about Bitcoin podcast stuff.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2915">48:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2915" data-t="2915">You think that</span> <span class="cue" id="t-2916" data-t="2916">as kind of like an ecosystem, we should have a don't ask, don't tell policy</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2921">48:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2921" data-t="2921">around listening to Stablecoin podcast. I think you I think coming on a Bitcoin podcast as a guest,</span> <span class="cue" id="t-2927" data-t="2927">or or being speakers at Bitcoin podcasts or excuse me, Bitcoin conferences,</span> <span class="cue" id="t-2933" data-t="2933">I think stable coin enjoyers, you know, whatever should be allowed there. I think it's just exactly just don't don't ask, don't tell. Don't talk about stable coins at the Bitcoin conference.</span> <span class="cue" id="t-2943" data-t="2943">Don't wear tether shirts to your Bitcoin,</span> <span class="cue" id="t-2945" data-t="2945">podcasts</span> <span class="cue" id="t-2946" data-t="2946">and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2948">49:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2948" data-t="2948">do whatever you want to do in your private life. Like if you want to listen to Stablecoins in at home,</span> <span class="cue" id="t-2953" data-t="2953">if you want your wife to read Stablecoin</span> <span class="cue" id="t-2955" data-t="2955">podcast,</span> <span class="cue" id="t-2956" data-t="2956">stuff to you in the bedroom,</span> <span class="cue" id="t-2959" data-t="2959">fine. That's your private life. But,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2962">49:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2962" data-t="2962">you you don't need to do a parade over it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2965">49:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2965" data-t="2965">Right. Right. You don't have to have Tether as the main, you know, float</span> <span class="cue" id="t-2970" data-t="2970">at your,</span> <span class="cue" id="t-2971" data-t="2971">pizza day parade, you know, on Bitcoin pizza day, it's sponsored by Tether. Okay, come on. Like,</span> <span class="cue" id="t-2978" data-t="2978">just have a little respect</span> <span class="cue" id="t-2980" data-t="2980">for you have a little respect for Maximus, you just, you know,</span> <span class="cue" id="t-2984" data-t="2984">or we maybe should agree to not throw</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2988">49:48</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2988" data-t="2988">some of the grumpiness</span> <span class="cue" id="t-2990" data-t="2990">and the demands for purity,</span> <span class="cue" id="t-2992" data-t="2992">in their faces if they'll agree</span> <span class="cue" id="t-2995" data-t="2995">not to throw stable coin parades</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2997">49:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2997" data-t="2997">at our Bitcoin parties. So in order to use Polymarket, you need to use Stablecoins.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3003">50:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3003" data-t="3003">Right. The it's like if you're gonna gamble,</span> <span class="cue" id="t-3006" data-t="3006">do it with Stablecoins.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3008">50:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3008" data-t="3008">Should should you keep your</span> <span class="cue" id="t-3010" data-t="3010">should you keep your Polymarket gambles in the closet as well, or can you be public about those?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3016">50:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3016" data-t="3016">If you listen. If you</span> <span class="cue" id="t-3018" data-t="3018">if you</span> <span class="cue" id="t-3020" data-t="3020">had that if you made a lot of money predicting something on Volley market fine.</span> <span class="cue" id="t-3025" data-t="3025">But,</span> <span class="cue" id="t-3028" data-t="3028">I don't know.</span> <span class="cue" id="t-3030" data-t="3030">Don't just don't make it your per don't make it your personality that gamble on Volley market.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3035">50:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3035" data-t="3035">So I think we do I think we should</span> <span class="cue" id="t-3038" data-t="3038">I I haven't figured out how to use Polymarket because I I don't think I've</span> <span class="cue" id="t-3042" data-t="3042">maybe I've touched stable coins once.</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, you can't use it in The United States without you have to you'd have to use a VPN. It it's it's pretty hard to use as a US citizen.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3052">50:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3052" data-t="3052">I know, but I I know a ton that do.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3056">50:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3056" data-t="3056">Yeah. No. Yeah. You can. It's just it's not something, like, you could just go do it. You would have to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3062">51:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3062" data-t="3062">Every everybody knows that, like, all those guys in the Sovereign Bitcoiners group,</span> <span class="cue" id="t-3066" data-t="3066">they're gambling on Polymarket.</span> <span class="cue" id="t-3069" data-t="3069">But, like,</span> <span class="cue" id="t-3073" data-t="3073">so I'd I'd like to see, like, the betting odds on</span> <span class="cue" id="t-3079" data-t="3079">what Michael Sailor uses to buy pick or pizza with next year.</span> <span class="cue" id="t-3083" data-t="3083">Is it USDC?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3085">51:25</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3085" data-t="3085">Is it USDT?</span> <span class="cue" id="t-3086" data-t="3086">Or is it,</span> <span class="cue" id="t-3089" data-t="3089">the new, like, banky cartel</span> <span class="cue" id="t-3091" data-t="3091">version?</span> <span class="cue" id="t-3093" data-t="3093">Or is it</span> <span class="cue" id="t-3095" data-t="3095">the,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3097">51:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3097" data-t="3097">so just US dollars and a boomer bank account? I don't know, man. I think that,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3102">51:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3102" data-t="3102">the problem</span> <span class="cue" id="t-3103" data-t="3103">in a lot of people's lives is that</span> <span class="cue" id="t-3107" data-t="3107">they're they're trying too hard to make money</span> <span class="cue" id="t-3110" data-t="3110">on what the treasury,</span> <span class="cue" id="t-3113" data-t="3113">department's gonna do or what the feds gonna do, what the president's gonna say or what some celebrity's gonna say on poly market.</span> <span class="cue" id="t-3118" data-t="3118">And instead of trying to predict</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3120">52:00</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3120" data-t="3120">the future</span> <span class="cue" id="t-3122" data-t="3122">of, of their kids and, like, their community and trying to, like, hey,</span> <span class="cue" id="t-3126" data-t="3126">I you know, I bet that that property</span> <span class="cue" id="t-3129" data-t="3129">on that farm in my neighborhood</span> <span class="cue" id="t-3131" data-t="3131">is gonna go up in value. People need to be do have run poly markets on on eCash,</span> <span class="cue" id="t-3137" data-t="3137">like, mints for their local communities.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3140">52:20</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3140" data-t="3140">Bet on</span> <span class="cue" id="t-3141" data-t="3141">the kids in their high school, if they're gonna succeed in life. Like, start thinking about it that way instead of gambling on politics. That's what the, that's what</span> <span class="cue" id="t-3149" data-t="3149">the boomers are doing when they gamble their social security checks.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3154">52:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3154" data-t="3154">I agree. There's a lot of better ways to I would I would consider watching anime a better use of your time to gamble in a poly market, but I'd I've I'm</span> <span class="cue" id="t-3162" data-t="3162">enjoy it as a voyeur, looking at the betting odds.</span> <span class="cue" id="t-3166" data-t="3166">I also enjoy hearing about people's story. Like, you can live you can miss out on a lot of stupid shit in life by living vicariously</span> <span class="cue" id="t-3174" data-t="3174">through other people that are doing this stupid shit for themselves.</span> <span class="cue" id="t-3178" data-t="3178">It's a it's a Right. Yeah. Exactly.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3181">53:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3181" data-t="3181">Exactly. A voyeuristic,</span> <span class="cue" id="t-3183" data-t="3183">watching the degenerate,</span> <span class="cue" id="t-3186" data-t="3186">stablecoin parade</span> <span class="cue" id="t-3188" data-t="3188">play out even though it, you don't wanna take part in it. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3192">53:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3192" data-t="3192">You don't need to take part in it. You you can hear about how how</span> <span class="cue" id="t-3197" data-t="3197">lame it was from them.</span> <span class="cue" id="t-3199" data-t="3199">But</span> <span class="cue" id="t-3200" data-t="3200">I think we're gonna see we're gonna see a lot of purity test around stable coins. We're gonna see some pretty significant</span> <span class="cue" id="t-3207" data-t="3207">cultural battles because I think there should be a purity test around which</span> <span class="cue" id="t-3212" data-t="3212">stable coin you use.</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">Rod Palmer</b> <span class="cue" id="t-3215" data-t="3215">There'll be purity test around which chain do you use it on</span> <span class="cue" id="t-3220" data-t="3220">and how you do it.</span> <span class="cue" id="t-3222" data-t="3222">And I think we're gonna see this this wild shift in</span> <span class="cue" id="t-3228" data-t="3228">an argument.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3231">53:51</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3231" data-t="3231">It is a</span> <span class="cue" id="t-3233" data-t="3233">renaissance</span> <span class="cue" id="t-3234" data-t="3234">of pure like, it seemed like purity tasks</span> <span class="cue" id="t-3236" data-t="3236">were had run dry. Right? Like, there's no more everybody was failing the purity tasks,</span> <span class="cue" id="t-3241" data-t="3241">and it was it that's I mean, Plentiver, he deactivated. Right? You rage quit. It's like, hey. He threw every purity test he could,</span> <span class="cue" id="t-3250" data-t="3250">at influencers,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3251">54:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3251" data-t="3251">and</span> <span class="cue" id="t-3252" data-t="3252">it didn't matter. But now there's new ones and stable</span> <span class="cue" id="t-3256" data-t="3256">coins and and their,</span> <span class="cue" id="t-3258" data-t="3258">impact on charity tests</span> <span class="cue" id="t-3260" data-t="3260">is definitely gonna it's it's</span> <span class="cue" id="t-3263" data-t="3263">it's a it's a great time to be a test proctor. That's for sure. It's gonna be a fascinating thing to watch.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3269">54:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3269" data-t="3269">I I I think a lot of the Bitcoin ecosystem's gonna side with Tether.</span> <span class="cue" id="t-3274" data-t="3274">They're gonna say Palo's a good Bitcoiner. That's my prediction.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3277">54:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3277" data-t="3277">Does Checkpointer drive you admit. You don't need to you know, they buy they do a lot for Bitcoin. Right? They're giving back. It's like the the Palo Foundation, right? Like it's it's a they invest in Bitcoin miners. They invest all throughout the community.</span> <span class="cue" id="t-3291" data-t="3291">So I think at least they, you know, Circle talks about shitcoins on Twitter all the time. Tether</span> <span class="cue" id="t-3297" data-t="3297">Apollo goes on and says Bitcoin not crypto.</span> <span class="cue" id="t-3300" data-t="3300">We're just the payment rails.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3302">55:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3302" data-t="3302">Yep.</span> <span class="cue" id="t-3303" data-t="3303">They get you an Okamoto to make documentaries about things. They're giving back to the community.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3310">55:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3310" data-t="3310">They work with Sanson, they're friends with Sanson,</span> <span class="cue" id="t-3312" data-t="3312">Doctor. Adam Back, I mean, they are, you know,</span> <span class="cue" id="t-3316" data-t="3316">they're connected to society and everybody, yeah, everybody has good things to say about them. I'm excited, Ron.</span> <span class="cue" id="t-3324" data-t="3324">I don't know how you couldn't beat his favorite Bitcoin summer, man.</span> <span class="cue" id="t-3327" data-t="3327">The music's hottest. The music's hot. The videos are hot. The page are hot. I feel like we're this is, like, 1959.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3334">55:34</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3334" data-t="3334">We're just rolling into the sixties. Things are just picking up. All the groundwork has been laid.</span> <span class="cue" id="t-3341" data-t="3341">This is the the golden era of Bitcoin podcasting, folks. We're we're just beginning it.</span> <span class="cue" id="t-3347" data-t="3347">I tweet I tweeted some things about Peter McCormick,</span> <span class="cue" id="t-3350" data-t="3350">today.</span> <span class="cue" id="t-3351" data-t="3351">I said, you know, he's kind of a fat loser, and he, like, I don't what what's up with his glasses? Have you seen his glasses?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3360">55:60</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3360" data-t="3360">Yeah. It's,</span> <span class="cue" id="t-3361" data-t="3361">he's he's trying to look more like an elder cypherpunk.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3367">56:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3367" data-t="3367">I I don't know what he looks like, but it he</span> <span class="cue" id="t-3371" data-t="3371">if he could get some decent glasses, he would look a</span> <span class="cue" id="t-3375" data-t="3375">lot a lot better.</span> <span class="cue" id="t-3379" data-t="3379">But anyways, I I I said some disparaging things about him. You know, one of the biggest ones being that,</span> <span class="cue" id="t-3385" data-t="3385">he's British.</span> <span class="cue" id="t-3386" data-t="3386">And</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3388">56:28</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3388" data-t="3388">I still think he would he should be, like, the first inductee into the Bitcoin podcast hall of fame. That's that's my,</span> <span class="cue" id="t-3396" data-t="3396">opinion. But I think he's just he's laid the groundwork</span> <span class="cue" id="t-3400" data-t="3400">for</span> <span class="cue" id="t-3402" data-t="3402">it. Like, the Michael Jordan of Bitcoin Podcasting hasn't come yet. He he was, like, the,</span> <span class="cue" id="t-3408" data-t="3408">Pistol Pete Maravich or, like, you know, one of these guys that came before Jordan that really, like,</span> <span class="cue" id="t-3414" data-t="3414">brought the NBA</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3415">56:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3415" data-t="3415">into relevancy.</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. He's the people</span> <span class="cue" id="t-3419" data-t="3419">listen to what Bitcoin did</span> <span class="cue" id="t-3421" data-t="3421">for years.</span> <span class="cue" id="t-3422" data-t="3422">Right? And he had so many brilliant people on there to explain</span> <span class="cue" id="t-3427" data-t="3427">the lightning network,</span> <span class="cue" id="t-3428" data-t="3428">how Bitcoin's working in politics, how it works on chain, how to use hardware wallets, how to use it to launch your macro podcast, your career.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3437">57:17</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3437" data-t="3437">But how to sell books, how to mine with Iron.</span> <span class="cue" id="t-3443" data-t="3443">It's how we learned about BlockFi. It's how we learned about Swan. It's how we learned about River. It's how we learned about</span> <span class="cue" id="t-3448" data-t="3448">all these other podcasts.</span> <span class="cue" id="t-3450" data-t="3450">It's, it's, it was really,</span> <span class="cue" id="t-3452" data-t="3452">our introduction into this world.</span> <span class="cue" id="t-3455" data-t="3455">Every but we listened to it,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3457">57:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3457" data-t="3457">and we're like every, it's been years and it's like, how does, how does Peter not understand this by now? Like how many times do you have to be explained</span> <span class="cue" id="t-3466" data-t="3466">how how to use a multi suit, what, and you still don't understand it? Like how are you still making these mistakes? How are you still gambling?</span> <span class="cue" id="t-3472" data-t="3472">And and so forth.</span> <span class="cue" id="t-3474" data-t="3474">And we thought he didn't learn anything. We thought Peter never learned anything.</span> <span class="cue" id="t-3477" data-t="3477">But now he's retired as podcast to like become the b pod, like the</span> <span class="cue" id="t-3482" data-t="3482">elder podcaster of his local community. He's, like, bringing in</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3486">58:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3486" data-t="3486">private defense forces</span> <span class="cue" id="t-3488" data-t="3488">when the the government won't is it is not paying the police to for to protect. It's</span> <span class="cue" id="t-3493" data-t="3493">he's building up the soccer program.</span> <span class="cue" id="t-3495" data-t="3495">It's,</span> <span class="cue" id="t-3496" data-t="3496">he's fixing this. He's using Bitcoin</span> <span class="cue" id="t-3499" data-t="3499">to fix this,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3500">58:20</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3500" data-t="3500">for, for people who, you know, British people are not that,</span> <span class="cue" id="t-3504" data-t="3504">they're not that bright. It's obvious that they're not gonna do it themselves. They need, they need Bitcoin,</span> <span class="cue" id="t-3509" data-t="3509">and he's doing it. Yeah.</span> <span class="cue" id="t-3511" data-t="3511">I think it's important it's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3513">58:33</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3513" data-t="3513">it's important to make fun of Peter McCormick and to call him out for being a weak British man.</span> <span class="cue" id="t-3520" data-t="3520">But at the same time, I think it's important to really give him credit where credit is due.</span> <span class="cue" id="t-3527" data-t="3527">He educated the generation</span> <span class="cue" id="t-3529" data-t="3529">of Bitcoin podcasters that will determine the future. The guys that are getting hired</span> <span class="cue" id="t-3534" data-t="3534">onto these paper Bitcoin companies, the the guys that</span> <span class="cue" id="t-3539" data-t="3539">are engaged in politics, the the premier podcasters of these of today have been educated by Peter McCormick.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3547">59:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3547" data-t="3547">He was he was many of these people's first podcast that they ever listened to and learned anything from.</span> <span class="cue" id="t-3554" data-t="3554">And his legacy is is really been shaping the larger community</span> <span class="cue" id="t-3560" data-t="3560">for better and for worse.</span> <span class="cue" id="t-3562" data-t="3562">I I think</span> <span class="cue" id="t-3564" data-t="3564">we for the future that we're going into, there's there's no</span> <span class="cue" id="t-3570" data-t="3570">no place for people that go and interview presidents of countries in Metallica shirts</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3576">59:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3576" data-t="3576">and slouch. That's, like, one of the really negative things that Peter McCormick did. There's no room for that in this future.</span> <span class="cue" id="t-3583" data-t="3583">That's plot</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3585">59:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3585" data-t="3585">behavior.</span> <span class="cue" id="t-3587" data-t="3587">Yeah. It is it's important to know that the</span> <span class="cue" id="t-3593" data-t="3593">the engine of liquidity</span> <span class="cue" id="t-3595" data-t="3595">and growth,</span> <span class="cue" id="t-3597" data-t="3597">in The US, mainly for Bitcoin</span> <span class="cue" id="t-3600" data-t="3600">and these Bitcoin treasury companies</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3603">1:00:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3603" data-t="3603">that</span> <span class="cue" id="t-3605" data-t="3605">that entire, you know, system is going to be built on</span> <span class="cue" id="t-3609" data-t="3609">the framework,</span> <span class="cue" id="t-3612" data-t="3612">of how Peter McCormick,</span> <span class="cue" id="t-3614" data-t="3614">you know,</span> <span class="cue" id="t-3615" data-t="3615">his influence. It's Peter McCormick holding us all together.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3619">1:00:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3619" data-t="3619">The podcasters</span> <span class="cue" id="t-3621" data-t="3621">are holding it all together.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3623">1:00:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3623" data-t="3623">One of the things that I think is really important is to make sure that,</span> <span class="cue" id="t-3627" data-t="3627">for the future of podcasting that</span> <span class="cue" id="t-3630" data-t="3630">everybody else in the world realizes that the Americans are the smartest people and that the British people are actually dumb.</span> <span class="cue" id="t-3637" data-t="3637">There's been a psy op I think I've talked about this a while back on this podcast, but there there's been a psy</span> <span class="cue" id="t-3644" data-t="3644">op</span> <span class="cue" id="t-3646" data-t="3646">of people thinking that British people are smart because they narrate all these</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3650">1:00:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3650" data-t="3650">these movies. Every time you watch, like, medieval</span> <span class="cue" id="t-3653" data-t="3653">anything, they always speak in British for some reason. Like, you you watch that,</span> <span class="cue" id="t-3659" data-t="3659">that movie The Last Duel?</span> <span class="cue" id="t-3662" data-t="3662">No.</span> <span class="cue" id="t-3663" data-t="3663">It's pretty good.</span> <span class="cue" id="t-3667" data-t="3667">The guy that played Kylo Ren in Star Wars, I forgot what his name is. He's in a bunch of shit, but he was in a he was one of the main characters. But the movie takes place in France,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3676">1:01:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3676" data-t="3676">and they all speak in British accents.</span> <span class="cue" id="t-3679" data-t="3679">I just watched,</span> <span class="cue" id="t-3683" data-t="3683">because I was listening to Sly Goomba's podcast, and they were talking about Shogun on it</span> <span class="cue" id="t-3690" data-t="3690">and the Bushido of Bitcoin.</span> <span class="cue" id="t-3692" data-t="3692">Or maybe somebody else was talking about it, but that's how that came up. I became interested in it again. But</span> <span class="cue" id="t-3698" data-t="3698">they're speaking Portuguese in a British accent. They exploit these British accents on the world to think that British people are smart.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3706">1:01:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3706" data-t="3706">And look at British people, they're not very smart. They live on a shitty island. They're all grumpy.</span> <span class="cue" id="t-3711" data-t="3711">They're all poor, and</span> <span class="cue" id="t-3713" data-t="3713">they</span> <span class="cue" id="t-3715" data-t="3715">memes are illegal there.</span> <span class="cue" id="t-3716" data-t="3716">And they're they're not they're not smart. So we need to make sure that Bitcoin podcasters speak</span> <span class="cue" id="t-3722" data-t="3722">in American,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3723">1:02:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3723" data-t="3723">because</span> <span class="cue" id="t-3724" data-t="3724">America's the the epicenter of culture right now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3727">1:02:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3727" data-t="3727">And And this is why</span> <span class="cue" id="t-3729" data-t="3729">but this is why I'm bullish.</span> <span class="cue" id="t-3731" data-t="3731">Because</span> <span class="cue" id="t-3732" data-t="3732">we're in the fourth turning,</span> <span class="cue" id="t-3734" data-t="3734">and Bitcoiners,</span> <span class="cue" id="t-3736" data-t="3736">Bitcoin podcast listeners, we've been ahead of this, we've been talking about how we are in the fourth turning</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3742">1:02:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3742" data-t="3742">for</span> <span class="cue" data-t="3742">five years now, we know.</span> <span class="cue" id="t-3745" data-t="3745">Part of the, part of the fourth turning, and perhaps</span> <span class="cue" id="t-3748" data-t="3748">the biggest,</span> <span class="cue" id="t-3749" data-t="3749">was the phase shift where people realize</span> <span class="cue" id="t-3753" data-t="3753">that when they are listening to a podcast, or a narration, or a news event be,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3758">1:02:38</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3758" data-t="3758">delivered to them by a British accent.</span> <span class="cue" id="t-3761" data-t="3761">We're no longer impressed by it. Now we know,</span> <span class="cue" id="t-3765" data-t="3765">alright, everything that comes out now is what we should not do. We don't wanna be like the British. We don't wanna be like the British Empire. So whatever they're gonna do, however they're gonna approach it, we are going to take the other, take the other side. And,</span> <span class="cue" id="t-3778" data-t="3778">I think a lot of people listen to Peter McCormick and were like, all right, now I know</span> <span class="cue" id="t-3783" data-t="3783">what not to do.</span> <span class="cue" id="t-3785" data-t="3785">Now I can go to, you know, go and go splinter off and go in the right direction. And that has been in time extremely valuable.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3792">1:03:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3792" data-t="3792">Everybody who's in charge of these paper Bitcoin companies, when, when the times get tough,</span> <span class="cue" id="t-3797" data-t="3797">what are they gonna think? They're gonna think, what would Peter McCormick do? Alright, I will do the opposite of that. Because that's not gonna work. That's for you. That's exactly what people expect. Right? Like, I'm not gonna do that.</span> <span class="cue" id="t-3807" data-t="3807">And that is, you know, I don't I think that</span> <span class="cue" id="t-3812" data-t="3812">perspective</span> <span class="cue" id="t-3813" data-t="3813">is pretty goddamn bullish.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3816">1:03:36</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3816" data-t="3816">Fuck. Yeah. It is.</span> <span class="cue" id="t-3817" data-t="3817">Yeah. There's there's there's a</span> <span class="cue" id="t-3820" data-t="3820">there's two sides of it, definitely, where some people have learned</span> <span class="cue" id="t-3824" data-t="3824">not to repeat Peter's</span> <span class="cue" id="t-3826" data-t="3826">mistakes and and other people</span> <span class="cue" id="t-3829" data-t="3829">have it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3830">1:03:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3830" data-t="3830">And I think one of the great things about American culture is the attitude</span> <span class="cue" id="t-3835" data-t="3835">and just importance on noncompliance</span> <span class="cue" id="t-3838" data-t="3838">in this country's history or I wouldn't even say country, but region,</span> <span class="cue" id="t-3842" data-t="3842">this region's history.</span> <span class="cue" id="t-3845" data-t="3845">And that's something,</span> <span class="cue" id="t-3846" data-t="3846">you know, a lot of these,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3849">1:04:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3849" data-t="3849">Europoreans</span> <span class="cue" data-t="3849">don't have.</span> <span class="cue" id="t-3851" data-t="3851">They don't have that attitude of noncompliance.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3854">1:04:14</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3854" data-t="3854">The other thing about paper Bitcoin, Summer, it's a great example,</span> <span class="cue" id="t-3858" data-t="3858">to contrast it with what Bitcoin did and Peter McCormick is that</span> <span class="cue" id="t-3862" data-t="3862">a lot of people</span> <span class="cue" id="t-3863" data-t="3863">see</span> <span class="cue" id="t-3864" data-t="3864">they don't understand that, like, the</span> <span class="cue" id="t-3867" data-t="3867">the rise in popularity, the rise in value, the rise in poor end,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3872">1:04:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3872" data-t="3872">strength,</span> <span class="cue" id="t-3873" data-t="3873">and the rise in signal, like the messaging, like the in the popularity of it and the value of it just because you don't agree with it, what it's, you know, what you're hearing literally,</span> <span class="cue" id="t-3884" data-t="3884">you know, there's a reason that it's</span> <span class="cue" id="t-3887" data-t="3887">so powerful, there's a reason the price is high, there's a reason for</span> <span class="cue" id="t-3891" data-t="3891">the the high valuation,</span> <span class="cue" id="t-3893" data-t="3893">and you should always</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3895">1:04:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3895" data-t="3895">look at it from,</span> <span class="cue" id="t-3897" data-t="3897">objective perspective and and smoke a cigarette and and consider</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3903">1:05:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3903" data-t="3903">its impact. It's well said.</span> <span class="cue" id="t-3905" data-t="3905">Yeah. One of the things that Peter needs to understand is, people listen to his podcast not because they thought he was smart</span> <span class="cue" id="t-3911" data-t="3911">or because he had a good guest, but they they thought he sounded smart because he had a British accent. And that's just not that that's not gonna fly anymore</span> <span class="cue" id="t-3920" data-t="3920">in the world we're going in.</span> <span class="cue" id="t-3923" data-t="3923">But yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3924">1:05:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3924" data-t="3924">I'm ready for the, do you have any other,</span> <span class="cue" id="t-3927" data-t="3927">thoughts on</span> <span class="cue" id="t-3929" data-t="3929">on McCormick or stablecoins</span> <span class="cue" id="t-3931" data-t="3931">or paper Bitcoin summer to, wrap</span> <span class="cue" id="t-3935" data-t="3935">this up before we go to the fountain boost? Or</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3938">1:05:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3938" data-t="3938">No. I'm excited to go to the fountain boost. I think we should</span> <span class="cue" id="t-3942" data-t="3942">go right now. We got some long ones too. Some people are writing us books this week.</span> <span class="cue" id="t-3951" data-t="3951">Trevor Agora at fountain.ffm5000</span> <span class="cue" id="t-3955" data-t="3955">stats says, the boomers are the spoiled generation that wasted their inherited wealth. At least they made the greatest music</span> <span class="cue" id="t-3963" data-t="3963">until now.</span> <span class="cue" id="t-3965" data-t="3965">Generation x had the best generation x</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3968">1:06:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3968" data-t="3968">fucking sucked at music.</span> <span class="cue" id="t-3970" data-t="3970">Imagine comparing,</span> <span class="cue" id="t-3972" data-t="3972">like,</span> <span class="cue" id="t-3974" data-t="3974">Bob Dylan or, like</span> <span class="cue" id="t-3977" data-t="3977">I've been getting into Bob Dylan, but imagine comparing,</span> <span class="cue" id="t-3980" data-t="3980">like, Creedence Clearwater</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3982">1:06:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3982" data-t="3982">Revival,</span> <span class="cue" id="t-3984" data-t="3984">Rolling Stones,</span> <span class="cue" id="t-3985" data-t="3985">or anything like that to,</span> <span class="cue" id="t-3989" data-t="3989">Nirvana. Yeah. Imagine, like,</span> <span class="cue" id="t-3992" data-t="3992">comparing the doors</span> <span class="cue" id="t-3995" data-t="3995">to, you know, Pearl Jam.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3997">1:06:37</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3997" data-t="3997">It's ins it's insulting. Unbelievable.</span> <span class="cue" id="t-4003" data-t="4003">Generation x had the best childhood in the seventies and eighties, but are the first Americans to be worse off financially than their parents?</span> <span class="cue" id="t-4013" data-t="4013">Well, in recent history, not in total history of America.</span> <span class="cue" id="t-4017" data-t="4017">Satoshi is the Gen X,</span> <span class="cue" id="t-4019" data-t="4019">and they are the silent generation that will redistribute</span> <span class="cue" id="t-4023" data-t="4023">the wealth. The millennials came</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4025">1:07:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-4025" data-t="4025">of age during the great recession. They never got a break and had the fewest children. That's why they say, okay, boomer, when boomers tell them not to complain.</span> <span class="cue" id="t-4034" data-t="4034">The Zoomers will be the hard pioneers that create good times. Interesting.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4039">1:07:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4039" data-t="4039">I'd say I feel like</span> <span class="cue" id="t-4041" data-t="4041">his,</span> <span class="cue" id="t-4043" data-t="4043">his interpretation of,</span> <span class="cue" id="t-4045" data-t="4045">how this plays out in the four turning, which generations, like, I feel like he's</span> <span class="cue" id="t-4050" data-t="4050">one</span> <span class="cue" id="t-4051" data-t="4051">behind</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4052">1:07:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4052" data-t="4052">where I interpret it, but</span> <span class="cue" id="t-4055" data-t="4055">if he's right then we have a lot longer before I don't think the the he thinks the broccoli haircuts are gonna save the world. He thinks that the the feature's gonna be built by broccoli haircut zoomers. So I think maybe the argument that,</span> <span class="cue" id="t-4071" data-t="4071">Zoom or the broccoli haircuts are gonna use AI</span> <span class="cue" id="t-4074" data-t="4074">to like kind of leapfrog and take the boomers money</span> <span class="cue" id="t-4077" data-t="4077">and rip off and just basically fleece the boomers for all their, all their Bitcoins and all their tether.</span> <span class="cue" id="t-4084" data-t="4084">Honestly, I</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-4086">1:08:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-4086" data-t="4086">I could see</span></span></p> +