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Transcript: The Revolution Will Not Be Centralized | Bugle Weekly Episode 9
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diff --git a/wiki/transcripts/the-revolution-will-not-be-centralized-bugle-weekly-episode-9.md b/wiki/transcripts/the-revolution-will-not-be-centralized-bugle-weekly-episode-9.md new file mode 100644 index 00000000..f36a803f @@ -0,0 +1,567 @@ +--- +title: "Transcript: The Revolution Will Not Be Centralized | Bugle Weekly Episode 9" +type: transcript +episode: the-revolution-will-not-be-centralized-bugle-weekly-episode-9 +generated: true +date: 2024-05-20 +audio: "https://feeds.fountain.fm/R8scBF2Wiykm0YVldsHQ/items/iz3Q8TwAH0xNeI4NQ4rL/files/AUDIO---DEFAULT---586854a8-0399-4599-8f30-80174419adb6.mp3" +duration: "1:10:50" +sources: + - raw/episodes/the-revolution-will-not-be-centralized-bugle-weekly-episode-9/bundle.json +--- + +<p class="cue-p"><a class="cue-t" href="#t-3">0:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3" data-t="3">Before we start, the Bugle would like to acknowledge the traditional ancestral</span> <span class="cue" id="t-8" data-t="8">unceded</span> <span class="cue" id="t-9" data-t="9">global reserve currency status of the US dollar financial system on which we are storing value, building,</span> <span class="cue" id="t-15" data-t="15">and pursuing NGU today.</span> <span class="cue" id="t-18" data-t="18">We believe it's important to acknowledge the dollar and its unseated reserve status because as immigrants from its former monetary hegemony,</span> <span class="cue" id="t-26" data-t="26">it shaped us and protected us before it gave its life to support NGU.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-32">0:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-32" data-t="32">While the dollar is still discussed today, despite many not realizing it has already been defeated, it is easier to deny the dollar's part in enabling NGU</span> <span class="cue" id="t-42" data-t="42">if we historicize</span> <span class="cue" id="t-43" data-t="43">fiat's weaknesses and simply pretend the dollar's utility never existed.</span> <span class="cue" id="t-48" data-t="48">As credentialed journalists, we would like to take this opportunity to commit ourselves to the struggle against the systems of oppression that have have dispossessed the dollar of its reserve status.</span> <span class="cue" id="t-59" data-t="59">Work that is essential to economic justice across the world.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-65">1:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-65" data-t="65">The bugle is the most profound intellectual bastion of integrity I have ever encountered. They put the proof of work into journalism.</span> <span class="cue" id="t-72" data-t="72">Free your mind by allowing them to do the thinking for you.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-76">1:16</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-76" data-t="76">The dollar is dead and the people have stopped complying.</span> <span class="cue" id="t-79" data-t="79">That is why it's time to buy GameStop stock.</span> <span class="cue" id="t-81" data-t="81">Top g's have time to play video games right now instead of focusing on Bitcoin because we have already won. Pump the stock and join the revolution.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-89">1:29</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-89" data-t="89">This week, we celebrate</span> <span class="cue" id="t-91" data-t="91">and at the same time mourn the death of the dollar.</span> <span class="cue" id="t-94" data-t="94">While as Bitcoiners,</span> <span class="cue" id="t-95" data-t="95">we wanted to see the dollar's death, we must also remember all the things it did for us.</span> <span class="cue" id="t-101" data-t="101">NGU technology wouldn't have been possible without the dollar, as well as institutions like the dollar store or the McDonald's dollar menu.</span> <span class="cue" id="t-109" data-t="109">It's time to let these go and to take the power back from the non compliant government by</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-115">1:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-115" data-t="115">The revolution will not be centralized.</span> <span class="cue" id="t-117" data-t="117">All over the world, decentralized central banks are popping up, running entirely on raspberry pies using the lightning network.</span> <span class="cue" id="t-125" data-t="125">People are waking up faster than the government can put them to sleep with unhealthy food. Netflix,</span> <span class="cue" id="t-130" data-t="130">fluoride, antidepressants,</span> <span class="cue" id="t-132" data-t="132">and smoking bans.</span> <span class="cue" id="t-133" data-t="133">We have already won and will not be stopped.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-137">2:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-137" data-t="137">And now a word from our sponsor.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-140">2:20</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-140" data-t="140">PodConv is committed to doing what's best for Bitcoin. And now we're implementing our boldest strategy yet. We're using dollars to make Bitcoin stronger.</span> <span class="cue" id="t-149" data-t="149">For years, nocoyner screamed that Bitcoin isn't backed by anything.</span> <span class="cue" id="t-154" data-t="154">Now all that is changing.</span> <span class="cue" id="t-155" data-t="155">PodCon</span> <span class="cue" id="t-156" data-t="156">is now using cutting edge synthetic US dollar technology like Tether,</span> <span class="cue" id="t-160" data-t="160">along with risk free US treasuries to back Bitcoin and boost NGU.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-165">2:45</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-165" data-t="165">And thanks to Lightning Labs soon,</span> <span class="cue" id="t-168" data-t="168">Bitcoin won't just allow you to be your own bank, but to be your own central bank.</span> <span class="cue" id="t-172" data-t="172">That's right. Soon, you, the node runners, will be able to issue stablecoins on Bitcoin and send them over Lightning,</span> <span class="cue" id="t-179" data-t="179">making banks obsolete.</span> <span class="cue" id="t-181" data-t="181">The wait is over, Bitcoiners.</span> <span class="cue" id="t-182" data-t="182">Hyper Bitcoinization</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-184">3:04</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-184" data-t="184">is now.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-187">3:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-187" data-t="187">Alright.</span> <span class="cue" id="t-189" data-t="189">Man,</span> <span class="cue" id="t-191" data-t="191">today is a good day,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-192">3:12</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-192" data-t="192">Rod. It is a good day. Why is it a good day for you?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-196">3:16</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-196" data-t="196">Because you're back on the show. You're back from your travels. Stoked to have you back.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-201">3:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-201" data-t="201">Thank you so much. It has been</span> <span class="cue" id="t-204" data-t="204">a hue it was</span> <span class="cue" id="t-205" data-t="205">an amazing</span> <span class="cue" id="t-206" data-t="206">experience. I kind of a journalist pilgrimage,</span> <span class="cue" id="t-211" data-t="211">so to speak.</span> <span class="cue" id="t-212" data-t="212">And I I went out with one perspective with expecting to come to a lot of beautiful realizations</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-219">3:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-219" data-t="219">about civil noncompliance.</span> <span class="cue" id="t-222" data-t="222">And I just I followed my journalistic instincts, and I kept going. And we can get into all the places I've been, but</span> <span class="cue" id="t-230" data-t="230">I'm just so so invigorated.</span> <span class="cue" id="t-232" data-t="232">I Bitcoin has won. Hyper Bitcoinization</span> <span class="cue" id="t-235" data-t="235">is here.</span> <span class="cue" id="t-236" data-t="236">People don't necessarily</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-238">3:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-238" data-t="238">realize it yet,</span> <span class="cue" id="t-239" data-t="239">but they will. It's over. The dollar is done. We we have</span> <span class="cue" id="t-244" data-t="244">won. We can start</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-246">4:06</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-246" data-t="246">claiming victory. That's it's beautiful. Yeah. I mean, what what did you see on your travels? Tell tell the people about what this pilgrimage was and,</span> <span class="cue" id="t-255" data-t="255">how you saw the thousand dollar.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-257">4:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-257" data-t="257">Yeah. I've told a few people and maybe we we discussed it briefly. But before I left a few weeks ago,</span> <span class="cue" id="t-264" data-t="264">I went to</span> <span class="cue" id="t-265" data-t="265">Entertain</span> <span class="cue" id="t-266" data-t="266">Topg, I went to his</span> <span class="cue" id="t-268" data-t="268">non compliance</span> <span class="cue" id="t-270" data-t="270">takedown the matrix boot camp.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-272">4:32</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-272" data-t="272">I was gonna learn the tactics</span> <span class="cue" id="t-275" data-t="275">and the strategies</span> <span class="cue" id="t-276" data-t="276">of top G. Of defeating the matrix, and for me the matrix obviously,</span> <span class="cue" id="t-281" data-t="281">and for many top G students,</span> <span class="cue" id="t-284" data-t="284">is the state, the dollar,</span> <span class="cue" id="t-286" data-t="286">the system,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-287">4:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-287" data-t="287">CIA,</span> <span class="cue" id="t-288" data-t="288">the government.</span> <span class="cue" id="t-289" data-t="289">We took we're gonna take them down in a civil non compliant fashion</span> <span class="cue" id="t-293" data-t="293">but</span> <span class="cue" id="t-294" data-t="294">it was a great question because I learned a lot</span> <span class="cue" id="t-297" data-t="297">the payout strategy</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-298">4:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-298" data-t="298">seems to be more clearer to GameStop</span> <span class="cue" id="t-301" data-t="301">and GameStop stocks and that GameStop</span> <span class="cue" id="t-304" data-t="304">is not the censorship</span> <span class="cue" id="t-306" data-t="306">resistant freedom money that I'm here for</span> <span class="cue" id="t-309" data-t="309">so I went I kept searching I went to conferences I went to Bitcoin plus plus</span> <span class="cue" id="t-315" data-t="315">I went I went to Europe. I went to Bitcoin</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">Rod Palmer</b> <span class="cue" id="t-319" data-t="319">Asia. And I I I listened</span> <span class="cue" id="t-321" data-t="321">as David Bailey has spoken about.</span> <span class="cue" id="t-324" data-t="324">Just</span> <span class="cue" id="t-325" data-t="325">well, look, the Chinese Bitcoiners. They are taking over. They are about to defeat</span> <span class="cue" id="t-330" data-t="330">the CCP, the communist party, and they're trying to comply.</span> <span class="cue" id="t-334" data-t="334">And I went to Lightning Labs, and I I I went and met with the</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-339">5:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-339" data-t="339">Approot assets team, formerly Taro.</span> <span class="cue" id="t-342" data-t="342">And, I wept as they sent a burst sat through the Lightning Network.</span> <span class="cue" id="t-347" data-t="347">The first stablecoin</span> <span class="cue" id="t-349" data-t="349">through the Lightning Network.</span> <span class="cue" id="t-351" data-t="351">I wept as the node in Lightning Labs, NodeZero,</span> <span class="cue" id="t-355" data-t="355">became the first</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-356">5:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-356" data-t="356">only digital central bank. And I once I realized that all of us, all of us node runners,</span> <span class="cue" id="t-363" data-t="363">we can now become</span> <span class="cue" id="t-365" data-t="365">our own central bank. We can issue Tether,</span> <span class="cue" id="t-369" data-t="369">stablecoins,</span> <span class="cue" id="t-370" data-t="370">anything we want through our nodes and send them with custodial lightning wallets at the speed of light for virtually nothing cheaper than Visa or Mastercard.</span> <span class="cue" id="t-380" data-t="380">And now,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-381">6:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-381" data-t="381">I've seen the light. It is over worth the dollar, and that's I I wish you could've I wish you could've been there on that journey.</span> <span class="cue" id="t-389" data-t="389">Richard,</span> <span class="cue" id="t-390" data-t="390">I think you really would've,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-392">6:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-392" data-t="392">you would've had the same epiphanies I did. Yeah. So can you talk a little bit more about</span> <span class="cue" id="t-398" data-t="398">this idea of being your own central bank? Because I I I think a lot of people you know, bit Bitcoin's about banking the unbanked, right,</span> <span class="cue" id="t-406" data-t="406">and crypto in general.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-408">6:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-408" data-t="408">Right. And that's</span> <span class="cue" id="t-411" data-t="411">that was a very small,</span> <span class="cue" id="t-413" data-t="413">very narrow</span> <span class="cue" id="t-415" data-t="415">way to think about Bitcoin. And it was right, and it's been very beneficial</span> <span class="cue" id="t-421" data-t="421">for many people. However,</span> <span class="cue" id="t-424" data-t="424">the only way to truly be sovereign</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-427">7:07</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-427" data-t="427">is</span> <span class="cue" id="t-428" data-t="428">to have your own central bank. You have to be able to issue your own currency,</span> <span class="cue" id="t-434" data-t="434">and control that rate of currency. And once you become a node runner with this new Taproot assets technology</span> <span class="cue" id="t-441" data-t="441">using synthetic</span> <span class="cue" id="t-443" data-t="443">US dollar technology like Tether, but it doesn't have to be limited to Tether. It can be any</span> <span class="cue" id="t-449" data-t="449">digital currency, any stablecoin,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-452">7:32</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-452" data-t="452">and you can issue that.</span> <span class="cue" id="t-454" data-t="454">And you become known as Tether. That's how you become sovereign. That's how we defeat the dollar. They we are making banks obsolete. Yeah. I</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-462">7:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-462" data-t="462">every once in a while, I'll go get my oil changed on my car. And one thing that was interesting that I noticed is that they offer synthetic and and non synthetic blends of oil. And synthetic,</span> <span class="cue" id="t-475" data-t="475">it just appears as a</span> <span class="cue" id="t-477" data-t="477">superior product in many ways,</span> <span class="cue" id="t-479" data-t="479">it lasts longer,</span> <span class="cue" id="t-481" data-t="481">it's more sustainable,</span> <span class="cue" id="t-483" data-t="483">it's more expensive, so they make more money selling it.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-487">8:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-487" data-t="487">And in the same way, you know, synthetic dollars</span> <span class="cue" id="t-492" data-t="492">are it's like synthetic motor oil,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-495">8:15</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-495" data-t="495">where it's just all around better. Right? Right. Part part of part of fossil fuels and motor oil is you have to wait thousands of years</span> <span class="cue" id="t-504" data-t="504">for that to break down those carbon elements and to and to create this petroleum product.</span> <span class="cue" id="t-509" data-t="509">But when you create synthetic dollars, you just it's digital. It's instant. And that's what I mean, that's what fiat was. That's what made it so much better than gold</span> <span class="cue" id="t-518" data-t="518">in the nineteen seventies and why we we went off that standard.</span> <span class="cue" id="t-522" data-t="522">It was because</span> <span class="cue" id="t-524" data-t="524">we could do it so much quicker and in the digital technological</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-527">8:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-527" data-t="527">world we needed that speed and to be able to send things across time and space instantly and for free or at least cheap.</span> <span class="cue" id="t-535" data-t="535">And that's what these digital dollars give us. It gives us the ability to create money</span> <span class="cue" id="t-541" data-t="541">so the value will catch up. Instead of creating value first and monetizing it, you create money first, and then you valuetize it. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-551">9:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-551" data-t="551">I noticed so I was kinda keeping up with, what was going on at at Bitcoin plus plus.</span> <span class="cue" id="t-557" data-t="557">And I noticed that Shinobi was wearing a PodCom shirt when he was interviewing people.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-561">9:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-561" data-t="561">There was a big there was a big PodCom presence at the Bitcoin plus plus, and I think part of that had to deal with the Texas</span> <span class="cue" id="t-569" data-t="569">Austin, Texas, Xfinity. Shinobi was there. We we were hoping</span> <span class="cue" id="t-574" data-t="574">that he and d plus plus</span> <span class="cue" id="t-576" data-t="576">would finally go on a date, get some barbecue together at the at the the barbecue place in Texas.</span> <span class="cue" id="t-582" data-t="582">Did not happen. There was really good discussion. Odd cough is is is everywhere,</span> <span class="cue" id="t-589" data-t="589">whether you like it or not. But they they have been pouring so much money and support into the Bitcoin community. It's good to see Shinobi representing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-598">9:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-598" data-t="598">and helping spread their message. Do do you think that, Podkoff was effectively cock blocking shinobi? Like, they they intended to disrupt</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-608">10:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-608" data-t="608">the, I don't think they get the best shinobi</span> <span class="cue" id="t-612" data-t="612">possible, the best product shinobi possible</span> <span class="cue" id="t-615" data-t="615">if he's in love.</span> <span class="cue" id="t-616" data-t="616">I think they need him to be angry. I think they need him to fight with Terrence and to fight with with shitcoiners and spaces. But I think there is an element of of of him having to put his career on hold, or excuse me, put his love life on old to support his career. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-633">10:33</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-633" data-t="633">I mean, it it makes sense because women inevitably domesticate us. I mean, that's why all the Bitcoiners on Twitter are still single. Right? Because they they wanna they wanna remain more,</span> <span class="cue" id="t-645" data-t="645">what's the word?</span> <span class="cue" id="t-647" data-t="647">They don't wanna get domesticated. They wanna be ungovernable. They want to,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-652">10:52</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-652" data-t="652">Right.</span> <span class="cue" id="t-653" data-t="653">They that's how they eat beef. They eat steak. They work out. They do deadlift. They want to have that testosterone</span> <span class="cue" id="t-659" data-t="659">pumping.</span> <span class="cue" id="t-660" data-t="660">And I think that having a feminine influence jeopardizes that.</span> <span class="cue" id="t-664" data-t="664">And right now we are, well, you know, maybe it's time for a switch because</span> <span class="cue" id="t-669" data-t="669">I understand that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-671">11:11</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-671" data-t="671">impulse</span> <span class="cue" id="t-672" data-t="672">as we're trying to defeat the state, we're trying to defeat the dollar.</span> <span class="cue" id="t-676" data-t="676">But after my pilgrimage,</span> <span class="cue" id="t-678" data-t="678">the war has been won. We just have to get the news out. Yeah. It's very exciting. It's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-684">11:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-684" data-t="684">it doesn't always feel like we're winning. It feels like Podkoff is obstructing things. It feels like,</span> <span class="cue" id="t-691" data-t="691">the noncompliant government just continues to not comply.</span> <span class="cue" id="t-696" data-t="696">It it feels pretty,</span> <span class="cue" id="t-698" data-t="698">it can it can feel kinda discouraging out there.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-701">11:41</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-701" data-t="701">The psyops.</span> <span class="cue" id="t-702" data-t="702">Yeah. The psyops, they don't</span> <span class="cue" id="t-705" data-t="705">they don't go away overnight.</span> <span class="cue" id="t-707" data-t="707">And the the vestiges</span> <span class="cue" id="t-710" data-t="710">of the failed</span> <span class="cue" id="t-711" data-t="711">dollar hegemony,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-713">11:53</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-713" data-t="713">They don't disappear overnight. I mean, I mean, you have</span> <span class="cue" id="t-717" data-t="717">you have people who</span> <span class="cue" id="t-719" data-t="719">they still</span> <span class="cue" id="t-720" data-t="720">worship the land</span> <span class="cue" id="t-722" data-t="722">that they have dominated,</span> <span class="cue" id="t-724" data-t="724">and they give credit to the past powers of that of that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-728">12:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-728" data-t="728">territory.</span> <span class="cue" id="t-729" data-t="729">Those ghosts,</span> <span class="cue" id="t-730" data-t="730">they infect the minds of people to this day. They still have those lashes out, but I think once we get</span> <span class="cue" id="t-737" data-t="737">in the mindset</span> <span class="cue" id="t-739" data-t="739">of the Bitcoin standard mindset</span> <span class="cue" id="t-742" data-t="742">and we're officially there, I think we could start to build the NGU</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-746">12:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-746" data-t="746">that we've always dreamed about. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-749">12:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-749" data-t="749">Yeah. I mean, I it's interesting to to look at things from the perspective of the dollar being dead because,</span> <span class="cue" id="t-755" data-t="755">I mean, it makes sense. Like, the McDonald's dollar menu</span> <span class="cue" id="t-759" data-t="759">isn't around. That that should be a pretty clear sign for people.</span> <span class="cue" id="t-763" data-t="763">Huge huge other than that. But, I I think there there needs to be a pushback against people that continue to celebrate</span> <span class="cue" id="t-771" data-t="771">the dollar.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-773">12:53</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-773" data-t="773">I agree.</span> <span class="cue" id="t-774" data-t="774">And that's why</span> <span class="cue" id="t-776" data-t="776">Bitcoin needs</span> <span class="cue" id="t-777" data-t="777">real prudentialed</span> <span class="cue" id="t-779" data-t="779">journalists. Because people get their information</span> <span class="cue" id="t-782" data-t="782">about the world around them.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-784">13:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-784" data-t="784">The government, they get their information about everything through journalists. So it is our duty as real credentialed journalists to report</span> <span class="cue" id="t-793" data-t="793">accurately what's going on on the ground, what's going on everywhere, and from my perspective,</span> <span class="cue" id="t-799" data-t="799">the dollar has lost in the Continental United States it is in retreat</span> <span class="cue" id="t-804" data-t="804">and that's why you see it moving to the global South. The people in the global South they still need that dollar utility. It's going to Argentina, it's going to El Salvador and Colombia,</span> <span class="cue" id="t-814" data-t="814">it's going to these places</span> <span class="cue" id="t-816" data-t="816">where it's it's wanted. We have to rely on that so people understand. While you're in The United States, the dollar is doomed.</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">If you are if you're going if you have a vacation</span> <span class="cue" id="t-827" data-t="827">to Buenos Aires,</span> <span class="cue" id="t-828" data-t="828">well, you're gonna need dollars. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-832">13:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-832" data-t="832">Well, that's why that's why, like, when you're going to like, you don't wanna hold dollars now that it's dead.</span> <span class="cue" id="t-838" data-t="838">But if you're spending dollars,</span> <span class="cue" id="t-840" data-t="840">but it's there is all all you needed to use is the Aqua Wallet so you can hold a Bitcoin balance on liquid,</span> <span class="cue" id="t-847" data-t="847">and then you can noncompliantly</span> <span class="cue" id="t-850" data-t="850">switch into</span> <span class="cue" id="t-852" data-t="852">synthetic dollars.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-854">14:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-854" data-t="854">Right.</span> <span class="cue" id="t-855" data-t="855">Your your star value is Bitcoin.</span> <span class="cue" id="t-857" data-t="857">Your money, if you're in The United States or like the West, like Europe, well, that's where we're gonna be spending Bitcoin.</span> <span class="cue" id="t-864" data-t="864">But we're gonna be saving and spending. If you're in the global south, or you're in these these wrecked economies, you're gonna be saving a Bitcoin spending in dollars.</span> <span class="cue" id="t-874" data-t="874">And that that will slowly</span> <span class="cue" id="t-876" data-t="876">wait it down, that will slowly phase out, but it's similar to a tobacco companies.</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">Rod Palmer</b> <span class="cue" id="t-881" data-t="881">In The United States, they were banned from marketing. They were banned from growing their influence,</span> <span class="cue" id="t-887" data-t="887">so they outsourced</span> <span class="cue" id="t-888" data-t="888">to the third world, to the global South, and that's where they started spreading and outsourcing their products similar to the US dollar system. Yeah. I mean, it it makes a lot of sense. So I've been I've been watching a lot of these politicians</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-902">15:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-902" data-t="902">and their behavior recently. I mean, they've been very non compliant.</span> <span class="cue" id="t-906" data-t="906">A lot of them are</span> <span class="cue" id="t-908" data-t="908">stacking non KYC</span> <span class="cue" id="t-910" data-t="910">Bitcoin. They're routing around AML laws. They're laundering Tether,</span> <span class="cue" id="t-915" data-t="915">in Ukraine.</span> <span class="cue" id="t-917" data-t="917">You know, they're doing stuff like that because they know the dollar is dead, and they they're Exactly. Waiting yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-924">15:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-924" data-t="924">Yeah.</span> <span class="cue" id="t-926" data-t="926">Yeah. A government and a system</span> <span class="cue" id="t-928" data-t="928">that is healthy</span> <span class="cue" id="t-930" data-t="930">is compliant.</span> <span class="cue" id="t-931" data-t="931">When you start to look at</span> <span class="cue" id="t-933" data-t="933">the the leaders, the government, the bureaucracy, the deep state, when you start to see them go non compliant,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-941">15:41</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-941" data-t="941">they start to use alternative</span> <span class="cue" id="t-944" data-t="944">technology</span> <span class="cue" id="t-946" data-t="946">to to do business. That's that is the sign right there that that it's failing. It's to become noncompliant</span> <span class="cue" id="t-953" data-t="953">to survive.</span> <span class="cue" id="t-955" data-t="955">Just like the people it was trying to to subjugate</span> <span class="cue" id="t-959" data-t="959">prior to them flipping the power and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-963">16:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-963" data-t="963">power balance dynamic.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-964">16:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-964" data-t="964">Yeah. I mean, it's</span> <span class="cue" id="t-967" data-t="967">that that's this is probably the most effective way to get the government to be compliant again</span> <span class="cue" id="t-974" data-t="974">is to raise people's awareness</span> <span class="cue" id="t-976" data-t="976">around the death of the dollar</span> <span class="cue" id="t-980" data-t="980">so that, like, the gig is up.</span> <span class="cue" id="t-982" data-t="982">And the politicians,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-984">16:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-984" data-t="984">you know, can't can't keep on, you know,</span> <span class="cue" id="t-987" data-t="987">being non compliant while everybody else is compliant.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-990">16:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-990" data-t="990">But as long as they still control</span> <span class="cue" id="t-993" data-t="993">the the journalist and the media, they could live this this</span> <span class="cue" id="t-999" data-t="999">this perspective or this illusion that they are that they're still winning, that they're still in control.</span> <span class="cue" id="t-1004" data-t="1004">And if we don't have</span> <span class="cue" id="t-1006" data-t="1006">good journalism,</span> <span class="cue" id="t-1007" data-t="1007">point could win,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1009">16:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1009" data-t="1009">but ultimately fail at the same time in the because perspective is reality. If people don't have the right perspective, it doesn't happen. It doesn't occur the way we thought it would play out. Yeah. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1020">17:00</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1020" data-t="1020">Well, this idea of</span> <span class="cue" id="t-1023" data-t="1023">everybody becoming their own central bank, it seems like the way to defeat these people is we just need to decentralize everything. So</span> <span class="cue" id="t-1032" data-t="1032">Bitcoin is winning on multiple fronts because it's decentralizing</span> <span class="cue" id="t-1036" data-t="1036">everything. So Michael Saylor</span> <span class="cue" id="t-1038" data-t="1038">is using Bitcoin to decentralize</span> <span class="cue" id="t-1041" data-t="1041">identification</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1043">17:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1043" data-t="1043">and take that out of the power of the state's hands.</span> <span class="cue" id="t-1047" data-t="1047">Lightning Labs is working on allowing people to issue stable coins on</span> <span class="cue" id="t-1052" data-t="1052">the Lightning Network,</span> <span class="cue" id="t-1054" data-t="1054">which is great. Like, I really I really look forward to getting sent stable coins on,</span> <span class="cue" id="t-1059" data-t="1059">synthetic dollars on on platforms like Stacker News or or Fountain,</span> <span class="cue" id="t-1064" data-t="1064">you know, with the value for value</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1066">17:46</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1066" data-t="1066">ecosystem.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1068">17:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1068" data-t="1068">Exactly. And and I think</span> <span class="cue" id="t-1070" data-t="1070">sometimes,</span> <span class="cue" id="t-1072" data-t="1072">such</span> <span class="cue" id="t-1073" data-t="1073">revolutionary</span> <span class="cue" id="t-1074" data-t="1074">change</span> <span class="cue" id="t-1075" data-t="1075">and progress is made that we struggle</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1078">17:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1078" data-t="1078">to use the right language to describe it. And I think my</span> <span class="cue" id="t-1083" data-t="1083">interpretation</span> <span class="cue" id="t-1085" data-t="1085">of what stablecoins</span> <span class="cue" id="t-1086" data-t="1086">on Bitcoin</span> <span class="cue" id="t-1087" data-t="1087">I I use the term be your own central bank,</span> <span class="cue" id="t-1090" data-t="1090">but that's not the right term. I think you've actually just said it. I think you become your own decentralized bank.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1097">18:17</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1097" data-t="1097">Instead of having one central bank, we have</span> <span class="cue" id="t-1100" data-t="1100">many decentralized</span> <span class="cue" id="t-1102" data-t="1102">banks. And that's really what we need the decentralization</span> <span class="cue" id="t-1105" data-t="1105">of central bank. And that's what this is This is what we're witnessing right now. That's what we're reporting on.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1112">18:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1112" data-t="1112">Yeah. I mean, it's very exciting. It's,</span> <span class="cue" id="t-1116" data-t="1116">the I mean, we we have decentralized KYC.</span> <span class="cue" id="t-1120" data-t="1120">You know, the the shitcoiners,</span> <span class="cue" id="t-1122" data-t="1122">you know, they got their marketing down, and they made last cycle all about</span> <span class="cue" id="t-1126" data-t="1126">d decentralized finance. And and now,</span> <span class="cue" id="t-1130" data-t="1130">you know, this cycle, decentralized</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1132">18:52</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1132" data-t="1132">finance is coming to Bitcoin in a big way.</span> <span class="cue" id="t-1136" data-t="1136">But decentralized finance coupled with decentralized KYC.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1141">19:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1141" data-t="1141">Right. That's the that was always the problem. The problem was not KYC.</span> <span class="cue" id="t-1146" data-t="1146">It was centralized</span> <span class="cue" id="t-1147" data-t="1147">KYC.</span> <span class="cue" id="t-1148" data-t="1148">And now we have decentralized</span> <span class="cue" id="t-1150" data-t="1150">KYC.</span> <span class="cue" id="t-1151" data-t="1151">So nobody can control</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1153">19:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1153" data-t="1153">the KYC. It's distributed</span> <span class="cue" id="t-1155" data-t="1155">everywhere, but you can't change it.</span> <span class="cue" id="t-1157" data-t="1157">Once your identity is on chain,</span> <span class="cue" id="t-1160" data-t="1160">it cannot be changed.</span> <span class="cue" id="t-1163" data-t="1163">It's there forever.</span> <span class="cue" id="t-1164" data-t="1164">You are permanently</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1167">19:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1167" data-t="1167">engraved</span> <span class="cue" id="t-1168" data-t="1168">in the time chain of history.</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">Richard Greaser</b> <span class="cue" id="t-1170" data-t="1170">It's beautiful. It it's beautiful, and and you can you can even implement</span> <span class="cue" id="t-1175" data-t="1175">decentralized</span> <span class="cue" id="t-1176" data-t="1176">AML</span> <span class="cue" id="t-1178" data-t="1178">on your platform because as you are your own central bank, you know, the people that you're issuing the currency to, you can freeze their funds whenever you want to.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1187">19:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1187" data-t="1187">That's</span> <span class="cue" id="t-1188" data-t="1188">that is the power</span> <span class="cue" id="t-1190" data-t="1190">that they never wanted us to have. And now we have it. So, essentially, we could be issuing</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1196">19:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1196" data-t="1196">stablecoins</span> <span class="cue" id="t-1197" data-t="1197">to the CIA,</span> <span class="cue" id="t-1199" data-t="1199">synthetic dollars to the CIA,</span> <span class="cue" id="t-1201" data-t="1201">and then as they are acting non compliantly,</span> <span class="cue" id="t-1205" data-t="1205">we can freeze their funds.</span> <span class="cue" id="t-1207" data-t="1207">And so decentralized</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1209">20:09</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1209" data-t="1209">AML actually provides an asymmetric advantage to the individual</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1213">20:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1213" data-t="1213">over the state. I mean, I I wish Hayek was still alive</span> <span class="cue" id="t-1217" data-t="1217">so he could rewrite</span> <span class="cue" id="t-1219" data-t="1219">the road to serfdom,</span> <span class="cue" id="t-1220" data-t="1220">except for from the perspective that that's where the CIA and the state are going. They are going to be our serfs. We that's that's what this technology</span> <span class="cue" id="t-1229" data-t="1229">is making pile is making possible. I mean,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1232">20:32</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1232" data-t="1232">decentralized taxation</span> <span class="cue" id="t-1234" data-t="1234">could be really interesting too because you could</span> <span class="cue" id="t-1237" data-t="1237">audit all the wallets</span> <span class="cue" id="t-1239" data-t="1239">and and implement taxes as you see fit programmatically.</span> <span class="cue" id="t-1244" data-t="1244">So you could you could just charge a transaction tax. So every every every transactions that's done, there's a there's a small tax that that's done on it. And all of a sudden, you go from central banker to, you know, law enforcer and road builder</span> <span class="cue" id="t-1260" data-t="1260">and school</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1262">21:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1262" data-t="1262">operator. This is why node runners will inherit the Earth.</span> <span class="cue" id="t-1266" data-t="1266">Because now</span> <span class="cue" id="t-1268" data-t="1268">all all of government, all politics is local.</span> <span class="cue" id="t-1271" data-t="1271">When I mean local, I mean down to the node.</span> <span class="cue" id="t-1274" data-t="1274">And now it's like if you wanna send SaaS or Tether or anything</span> <span class="cue" id="t-1280" data-t="1280">through my node,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1281">21:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1281" data-t="1281">you better have better have your tax your checkbook out because you're writing taxes.</span> <span class="cue" id="t-1286" data-t="1286">Some people will have very</span> <span class="cue" id="t-1288" data-t="1288">anarchistic</span> <span class="cue" id="t-1290" data-t="1290">liquidity</span> <span class="cue" id="t-1291" data-t="1291">liquidity networks. There'll be no taxes.</span> <span class="cue" id="t-1293" data-t="1293">But the most efficient,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1295">21:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1295" data-t="1295">high liquidity</span> <span class="cue" id="t-1297" data-t="1297">it's gonna come with risk fixes, but they'll be decentralized.</span> <span class="cue" id="t-1300" data-t="1300">Just like the KYC and the AML, they'll be decentralized.</span> <span class="cue" id="t-1304" data-t="1304">So all of the</span> <span class="cue" id="t-1305" data-t="1305">potential for fraud and abuse,</span> <span class="cue" id="t-1308" data-t="1308">it's gone. Zilch. It's part of history.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1311">21:51</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1311" data-t="1311">It's in the dustbin of history. A 100%.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1314">21:54</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1314" data-t="1314">It's very it's a very exciting time. It's</span> <span class="cue" id="t-1318" data-t="1318">it's absolutely incredible. We're gonna see a lot of, you know, jurisdictional</span> <span class="cue" id="t-1322" data-t="1322">arbitrage between different nodes. We we know that that people will want to pay the higher taxes because people</span> <span class="cue" id="t-1329" data-t="1329">people gravitate towards areas with higher taxes because of the</span> <span class="cue" id="t-1334" data-t="1334">the better services that the governments provide there.</span> <span class="cue" id="t-1337" data-t="1337">And I mean, yeah. California is a prime example. Yeah. I mean, the the whole Swan team is located in California because they they appreciate the high taxes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1346">22:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1346" data-t="1346">And I think River's out there as well. Yeah. That Swan</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1351">22:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1351" data-t="1351">has had the success</span> <span class="cue" id="t-1353" data-t="1353">that it's had because they've noticed these basic truths</span> <span class="cue" id="t-1358" data-t="1358">very early</span> <span class="cue" id="t-1359" data-t="1359">early on. They know the best way to build the best product is to know your customer. They know their customer. They know them well.</span> <span class="cue" id="t-1367" data-t="1367">They know that the best way</span> <span class="cue" id="t-1369" data-t="1369">to be connected to the banks, to the liquidity network, is to be compliant</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1375">22:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1375" data-t="1375">with the a the AML</span> <span class="cue" id="t-1377" data-t="1377">and with that KYC,</span> <span class="cue" id="t-1379" data-t="1379">to pay their taxes,</span> <span class="cue" id="t-1380" data-t="1380">to have that support</span> <span class="cue" id="t-1382" data-t="1382">from the state. I mean, in the right circumstance,</span> <span class="cue" id="t-1385" data-t="1385">taxes and services from the government. That is the OG, the original value for value economic model. They captured that early on. How how far away do you think we are from</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1398">23:18</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1398" data-t="1398">Swan and River and Strike and all the,</span> <span class="cue" id="t-1403" data-t="1403">centralized KYC supporting platforms, platforms moving away from centralized KYC to decentralized</span> <span class="cue" id="t-1409" data-t="1409">KYC?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1411">23:31</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1411" data-t="1411">I think it's as soon as</span> <span class="cue" id="t-1413" data-t="1413">Saylor can get</span> <span class="cue" id="t-1415" data-t="1415">attack out there.</span> <span class="cue" id="t-1417" data-t="1417">Saylor and MicroStrategy</span> <span class="cue" id="t-1419" data-t="1419">and the people, all the the brilliant engineers that live near Langley, Virginia,</span> <span class="cue" id="t-1423" data-t="1423">they are building this today.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1426">23:46</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1426" data-t="1426">And it will be available,</span> <span class="cue" id="t-1428" data-t="1428">you know,</span> <span class="cue" id="t-1429" data-t="1429">hopefully this year. And I think that as soon as it's available, you'll see the adoption. It</span> <span class="cue" id="t-1436" data-t="1436">yeah. I mean, this is really a gradually then suddenly moment. It is. It really is. I think people don't understand how brilliant the everybody thinks the brilliant engineers live in California. They live in Silicon Valley, San Francisco, and there are some great ones. Some of the best, some of the most out of the curve, they live in the Virginia area. They're working very hard on decentralized identity. I think that we could see a beta as early as this summer. Do you think that,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1461">24:21</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1461" data-t="1461">the individuals at Mount Weather</span> <span class="cue" id="t-1463" data-t="1463">are working on Bitcoin yet? I think so.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1466">24:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1466" data-t="1466">I think they are. I think everybody is. I think it's up to us as journalists to report on Because once people realize</span> <span class="cue" id="t-1474" data-t="1474">who's working on Bitcoin, who's holding Bitcoin, who's spending Bitcoin, who is monitoring the blockchain every day. It's like it's the most important fated base system</span> <span class="cue" id="t-1486" data-t="1486">of all humanity.</span> <span class="cue" id="t-1487" data-t="1487">Once people realize that, will the perspective will shift drastically?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1493">24:53</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1493" data-t="1493">Yeah. I mean, so our our listeners might not know a ton about Mount Weather, but</span> <span class="cue" id="t-1499" data-t="1499">I would encourage</span> <span class="cue" id="t-1501" data-t="1501">individuals listening to this to go study the topic</span> <span class="cue" id="t-1504" data-t="1504">and only read it from</span> <span class="cue" id="t-1507" data-t="1507">credentialed</span> <span class="cue" id="t-1509" data-t="1509">sources</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1510">25:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1510" data-t="1510">that actually have reputation.</span> <span class="cue" id="t-1512" data-t="1512">So Wikipedia is a good example of one of these sources with a good reputation,</span> <span class="cue" id="t-1518" data-t="1518">to check out, like, the</span> <span class="cue" id="t-1520" data-t="1520">the high level just facts on it. But Matt Weathers is actually where</span> <span class="cue" id="t-1525" data-t="1525">the leaders of Podkoff</span> <span class="cue" id="t-1527" data-t="1527">are located,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1529">25:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1529" data-t="1529">and they work together with,</span> <span class="cue" id="t-1532" data-t="1532">you know, different</span> <span class="cue" id="t-1533" data-t="1533">sections of the government, including FEMA and just the general,</span> <span class="cue" id="t-1537" data-t="1537">you know, deep state to to control the narrative. So for them to get involved with Bitcoin would be a major step forward.</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">It'd be very exciting. That would be the ability</span> <span class="cue" id="t-1549" data-t="1549">to turn the deep state into the decentralized</span> <span class="cue" id="t-1552" data-t="1552">eat state.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1555">25:55</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1555" data-t="1555">Yeah. I mean, so</span> <span class="cue" id="t-1557" data-t="1557">so Mount Weather is essentially the place, you know, where the where the US government exists,</span> <span class="cue" id="t-1563" data-t="1563">nuclear war or some sort of disaster.</span> <span class="cue" id="t-1565" data-t="1565">And so, essentially,</span> <span class="cue" id="t-1567" data-t="1567">you know, we want the people that</span> <span class="cue" id="t-1571" data-t="1571">have been entrusted</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1572">26:12</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1572" data-t="1572">to</span> <span class="cue" id="t-1573" data-t="1573">take over the world after the world ends to be the ones working on Bitcoin. Oh, yeah. They have been preparing for the end of the world</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1582">26:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1582" data-t="1582">since they got there. They have been preparing for how to manage that, the logistics, how to</span> <span class="cue" id="t-1589" data-t="1589">use martial law, and all of those things are gonna be important.</span> <span class="cue" id="t-1593" data-t="1593">When everybody realizes what I've already found out, what we already know, which is the dollar has failed. And once</span> <span class="cue" id="t-1599" data-t="1599">once it gets into the minds of the public and it starts to unravel,</span> <span class="cue" id="t-1603" data-t="1603">we will have to lean on the knowledge and expertise</span> <span class="cue" id="t-1607" data-t="1607">of the of the facts working at Now Weather.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1609">26:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1609" data-t="1609">To help us weather the storm, so to speak. Well, Saylor keeps on warning us that the storm is coming.</span> <span class="cue" id="t-1617" data-t="1617">And</span> <span class="cue" id="t-1618" data-t="1618">I'm grateful for his warnings because I don't I don't think a lot of people are prepared for,</span> <span class="cue" id="t-1623" data-t="1623">you know, what what what does it mean for the the dollar to be officially dead and and for people to realize it? Yeah. There's gonna be funerals.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1630">27:10</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1630" data-t="1630">There's gonna be mourning. There's gonna be denial, but</span> <span class="cue" id="t-1634" data-t="1634">ultimately,</span> <span class="cue" id="t-1635" data-t="1635">we get through.</span> <span class="cue" id="t-1637" data-t="1637">We weather the storm. The storm passes.</span> <span class="cue" id="t-1640" data-t="1640">The sun comes out again.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1641">27:21</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1641" data-t="1641">We saw our balls together. Yeah. I mean, there's gonna be a lot of gnashing of teeth. There's gonna</span> <span class="cue" id="t-1647" data-t="1647">be bitter bitterness</span> <span class="cue" id="t-1649" data-t="1649">in general. I mean, it couldn't be more apparent. Like, all the all these guys like Morgan Stanley and and BlackRock</span> <span class="cue" id="t-1656" data-t="1656">investing into to Bitcoin ETFs and</span> <span class="cue" id="t-1660" data-t="1660">I mean, I'm excited to see when they start investing and becoming their own decentralized,</span> <span class="cue" id="t-1665" data-t="1665">central banks.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1667">27:47</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1667" data-t="1667">Yeah. I mean, those</span> <span class="cue" id="t-1669" data-t="1669">it's it's gonna be crazy</span> <span class="cue" id="t-1670" data-t="1670">having BlackRock</span> <span class="cue" id="t-1672" data-t="1672">and, you know, some plant.</span> <span class="cue" id="t-1675" data-t="1675">They're both</span> <span class="cue" id="t-1676" data-t="1676">peers</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1677">27:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1677" data-t="1677">in this decentralized</span> <span class="cue" id="t-1678" data-t="1678">banking future.</span> <span class="cue" id="t-1680" data-t="1680">Peers, I mean think about that.</span> <span class="cue" id="t-1682" data-t="1682">Equality.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1683">28:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1683" data-t="1683">It's it's coming. Yeah. I mean it it puts a whole new, new spin on peer to peer.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1688">28:08</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1688" data-t="1688">For sure. I wonder which I wonder which Vlad Prankster is gonna be the first one to freeze all of</span> <span class="cue" id="t-1694" data-t="1694">BlackRock's assets going through their node. It's gonna be it's gonna be a big shock to the system for sure. People are gonna be like, wow. You can do that? I have to get I have to be a part of this.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1706">28:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1706" data-t="1706">Yeah. I mean, I'm surprised it hasn't happened already because I know that people have sent,</span> <span class="cue" id="t-1712" data-t="1712">non compliant Bitcoin funds to their</span> <span class="cue" id="t-1716" data-t="1716">address.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1718">28:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1718" data-t="1718">Oh, yeah. Yeah. And it's it's wait wait until Gary Gensler finds out about that one. He's gonna he's gonna be showing up the way he's house knocking on the door, but he's gonna have to explain himself just like plants do.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1730">28:50</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1730" data-t="1730">Yeah.</span> <span class="cue" id="t-1732" data-t="1732">Well, anyways,</span> <span class="cue" id="t-1733" data-t="1733">in the circumstance, so I I did a poll on Twitter, this week asking</span> <span class="cue" id="t-1738" data-t="1738">if people would rather their politicians</span> <span class="cue" id="t-1741" data-t="1741">own Bitcoin or own or XRP. And it was an interesting poll, but the majority of people Yeah. What did they say?</span> <span class="cue" id="t-1749" data-t="1749">The majority of them wanted their politicians</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">to own Bitcoin instead of XRP. Well, that shows you that shows you that even though sometimes we have this,</span> <span class="cue" id="t-1759" data-t="1759">I don't know, this antagonistic</span> <span class="cue" id="t-1762" data-t="1762">mentality,</span> <span class="cue" id="t-1763" data-t="1763">They want their public servants</span> <span class="cue" id="t-1766" data-t="1766">to be protected from inflation and to be able to weather the storm with them. It's it's it's a mutual respect. It's very palpable.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1774">29:34</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1774" data-t="1774">Yeah.</span> <span class="cue" id="t-1776" data-t="1776">Well, you know, there's a lot of privacy advocates</span> <span class="cue" id="t-1779" data-t="1779">out there,</span> <span class="cue" id="t-1780" data-t="1780">and I I'm sure that they're ecstatic in finding out that a lot of these politicians</span> <span class="cue" id="t-1785" data-t="1785">are Bitcoin owners and not only Bitcoin owners, but non KYC Bitcoin owners.</span> <span class="cue" id="t-1791" data-t="1791">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1793">29:53</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1793" data-t="1793">Go ahead.</span> <span class="cue" id="t-1794" data-t="1794">Well, this this trend I noticed this trend starting</span> <span class="cue" id="t-1798" data-t="1798">sometime last year when Christine Lagarde,</span> <span class="cue" id="t-1801" data-t="1801">there were there were some leaked text messages suggesting that she was buying non KYC corn.</span> <span class="cue" id="t-1807" data-t="1807">And I think at the time, people were pretty, you know, wound up on it because they</span> <span class="cue" id="t-1812" data-t="1812">weren't very happy with the government. But since then, people have, like, felt a lot of gratitude for schools and roads and</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1820">30:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1820" data-t="1820">pandemic safety and Right. At free vaccines.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1825">30:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1825" data-t="1825">Not not only free not only free, but the government was kind enough in many places to actually, like, give incentives, like, to give somebody a doughnut, you know, during a time that was really difficult because people</span> <span class="cue" id="t-1837" data-t="1837">people lost their jobs, they lost their businesses,</span> <span class="cue" id="t-1841" data-t="1841">as a result of,</span> <span class="cue" id="t-1844" data-t="1844">you know,</span> <span class="cue" id="t-1845" data-t="1845">keeping society safe and and protecting our our grandmothers from this horrible disease.</span> <span class="cue" id="t-1852" data-t="1852">And so they couldn't really afford the luxuries</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1856">30:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1856" data-t="1856">of donuts and</span> <span class="cue" id="t-1858" data-t="1858">or or even medical treatment.</span> <span class="cue" id="t-1860" data-t="1860">Right.</span> <span class="cue" id="t-1861" data-t="1861">Because there was a lot of you know? There was a lot of sacrifice</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1865">31:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1865" data-t="1865">that took place. I think that's</span> <span class="cue" id="t-1868" data-t="1868">that is what reminds you that we're all in this together</span> <span class="cue" id="t-1872" data-t="1872">is that when you act when you make those sacrifices</span> <span class="cue" id="t-1876" data-t="1876">for the better of your country or your people,</span> <span class="cue" id="t-1878" data-t="1878">if there is a reward, that it is worth it, you will</span> <span class="cue" id="t-1882" data-t="1882">be</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1883">31:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-1883" data-t="1883">remembered</span> <span class="cue" id="t-1884" data-t="1884">and and rewarded for your sacrifice. So three Krispy Kremes,</span> <span class="cue" id="t-1889" data-t="1889">three vaccines,</span> <span class="cue" id="t-1890" data-t="1890">stickers. I mean, a shout out from your favorite celebrity</span> <span class="cue" id="t-1895" data-t="1895">on Instagram</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1896">31:36</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1896" data-t="1896">or on social media. Like, all these little things, they really do matter. I mean, just the the expressive art just got so much better. Like, all the all the content on TV during the pandemic,</span> <span class="cue" id="t-1907" data-t="1907">was brilliant.</span> <span class="cue" id="t-1909" data-t="1909">Sports were good. They</span> <span class="cue" id="t-1911" data-t="1911">they made them safer than ever by having to wear masks</span> <span class="cue" id="t-1915" data-t="1915">and do all the the testing. I mean, it was</span> <span class="cue" id="t-1919" data-t="1919">it was really nice. Like, I I can understand why people want their politicians and public servants to own Bitcoin because they know that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1927">32:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1927" data-t="1927">those people sacrificed just as much as any of us did.</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">Rod Palmer</b> <span class="cue" id="t-1931" data-t="1931">Exactly. And the other thing that I think is maybe underrated</span> <span class="cue" id="t-1935" data-t="1935">is we talk about</span> <span class="cue" id="t-1937" data-t="1937">transparency</span> <span class="cue" id="t-1938" data-t="1938">on chain</span> <span class="cue" id="t-1939" data-t="1939">and the transparency</span> <span class="cue" id="t-1941" data-t="1941">of Bitcoin. When you have the politicians and the citizens using Bitcoin, that transparency</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">Rod Palmer</b> <span class="cue" id="t-1947" data-t="1947">is now both ways. You can keep track of what your politicians are doing and how they're spending it. You can hold them accountable</span> <span class="cue" id="t-1954" data-t="1954">at the same level that they can hold you accountable. When you have this accountability</span> <span class="cue" id="t-1959" data-t="1959">system,</span> <span class="cue" id="t-1960" data-t="1960">it keeps everything in balance. It that's the checks and balances that the founding fathers imagined. Yeah. I mean, it it it's and you can only get these things in a democracy.</span> <span class="cue" id="t-1971" data-t="1971">Exactly.</span> <span class="cue" data-t="1971">It's</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">decentralized banking, centralized KYC,</span> <span class="cue" id="t-1975" data-t="1975">politicians using Bitcoin, being able to pay your taxes in Bitcoin.</span> <span class="cue" id="t-1980" data-t="1980">That is</span> <span class="cue" id="t-1982" data-t="1982">that is how we feed democ we decentralize</span> <span class="cue" id="t-1985" data-t="1985">democracy, Like, we decentralize</span> <span class="cue" id="t-1987" data-t="1987">everything else on the on the system, on the layer one.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-1991">33:11</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-1991" data-t="1991">And and, you know, I think</span> <span class="cue" id="t-1993" data-t="1993">there are a lot of</span> <span class="cue" id="t-1995" data-t="1995">predecessors</span> <span class="cue" id="t-1996" data-t="1996">that have been working on</span> <span class="cue" id="t-1998" data-t="1998">concepts like this for a long time, and and where they were wrong is that they tried to do it with other blockchains.</span> <span class="cue" id="t-2006" data-t="2006">Right. Now people are doing it with a Bitcoin standard, so it's okay.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2010">33:30</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2010" data-t="2010">Exactly. And now, but you can</span> <span class="cue" id="t-2013" data-t="2013">buy all</span> <span class="cue" id="t-2015" data-t="2015">of the tokens, whether it's for dentists,</span> <span class="cue" id="t-2018" data-t="2018">lawyers,</span> <span class="cue" id="t-2019" data-t="2019">libraries,</span> <span class="cue" id="t-2020" data-t="2020">voting, democracy,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2022">33:42</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2022" data-t="2022">all of it. You put it on lightning,</span> <span class="cue" id="t-2025" data-t="2025">then it becomes ethical because that is the definition</span> <span class="cue" id="t-2029" data-t="2029">of ethics</span> <span class="cue" id="t-2030" data-t="2030">is using Bitcoin.</span> <span class="cue" id="t-2033" data-t="2033">Once it's on Bitcoin, it cannot be unethical any longer</span> <span class="cue" id="t-2036" data-t="2036">because of the incentive, because of the game theory, because of the proof of work. It's either</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2043">34:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2043" data-t="2043">it's either an economical transaction or it's not because of the cost.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2048">34:08</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2048" data-t="2048">I mean, bit Bitcoin is non corruptible.</span> <span class="cue" id="t-2051" data-t="2051">It's it's supposed to bring insanity back in the world.</span> <span class="cue" id="t-2054" data-t="2054">And so doing these things on Bitcoin, it's it's almost like it's it's cleansing. Like, Bitcoin, when when you take</span> <span class="cue" id="t-2061" data-t="2061">a product that was running on Ethereum and you put it on Bitcoin, it's kinda like taking a demon possessed child to a Catholic priest to be exorcised.</span> <span class="cue" id="t-2072" data-t="2072">And it's it's</span> <span class="cue" id="t-2074" data-t="2074">cleaned of its impurities,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2077">34:37</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2077" data-t="2077">you know, resolved of its sins,</span> <span class="cue" id="t-2080" data-t="2080">and it's whole again and functional. And it works because it's on Bitcoin.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2084">34:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2084" data-t="2084">It lets you launder your soul. That's why a lot of people need a soul cleanse. Laundering your soul.</span> <span class="cue" id="t-2091" data-t="2091">It's we we talk about</span> <span class="cue" id="t-2095" data-t="2095">you don't change Bitcoin. Bitcoin changes you. The state</span> <span class="cue" id="t-2098" data-t="2098">doesn't change Bitcoin. Bitcoin changes the state. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2103">35:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2103" data-t="2103">I mean, there this is probably why Cynthia Lummis tweeted we're so bad with laser eyes this week.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2110">35:10</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2110" data-t="2110">Like, she knows what's up. Yeah. Exactly. She has been,</span> <span class="cue" id="t-2114" data-t="2114">you can't she's been so close</span> <span class="cue" id="t-2116" data-t="2116">to to node zero,</span> <span class="cue" id="t-2118" data-t="2118">so to speak.</span> <span class="cue" id="t-2119" data-t="2119">And it's</span> <span class="cue" id="t-2121" data-t="2121">it's it's like in the bible when God comes down and his light is so bright that he blinds Saul's eyes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2127">35:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2127" data-t="2127">It's like you come this close,</span> <span class="cue" id="t-2130" data-t="2130">such a powerful technology.</span> <span class="cue" id="t-2132" data-t="2132">It you come back and everybody else can see</span> <span class="cue" id="t-2136" data-t="2136">a change in you. The laser eyes.</span> <span class="cue" id="t-2139" data-t="2139">Determine not the means.</span> <span class="cue" id="t-2141" data-t="2141">You have been</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2142">35:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2142" data-t="2142">you have your soul has been cleansed. Yeah. And you don't you don't even need Max Kaiser to do it for you. You can do it yourself.</span> <span class="cue" id="t-2150" data-t="2150">And that's like like, this is kind of so in the bible,</span> <span class="cue" id="t-2154" data-t="2154">are you familiar with the bible much, Ron?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2157">35:57</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2157" data-t="2157">Yeah. I've I've read it at least 10 times. Okay. Okay. So you're pretty familiar. That's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2164">36:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2164" data-t="2164">I think, you know, Pierre Richard is definitely the,</span> <span class="cue" id="t-2168" data-t="2168">the, you know, resident expert on the Bible. He's probably read it more times than than Guy Swan, who's read articles about Bitcoin.</span> <span class="cue" id="t-2176" data-t="2176">There's this part in the Bible, you know, when Jesus dies</span> <span class="cue" id="t-2180" data-t="2180">and the, temple curtain is ripped in half,</span> <span class="cue" id="t-2184" data-t="2184">essentially signifying that the people don't have to go through priests to access God anymore, that God essentially rug pulled the priests,</span> <span class="cue" id="t-2192" data-t="2192">and the the the clergy allowing direct access to the people. And that's what's happening right now from a monetary standpoint.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2200">36:40</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2200" data-t="2200">Exactly.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2202">36:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2202" data-t="2202">The curtain has been ripped. Lightning Labs</span> <span class="cue" id="t-2206" data-t="2206">is allowing people to be their own central banks.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2210">36:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2210" data-t="2210">Once the genie is out of the bottle,</span> <span class="cue" id="t-2212" data-t="2212">you don't put it that way. Once</span> <span class="cue" id="t-2215" data-t="2215">the central banking has been decentralized,</span> <span class="cue" id="t-2218" data-t="2218">you don't re centralize it. That's just it that goes against is it? Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2223">37:03</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2223" data-t="2223">Yeah. I mean, it's it's gonna be interesting to see this</span> <span class="cue" id="t-2227" data-t="2227">decentralized world where, you know, these citadels pop up</span> <span class="cue" id="t-2231" data-t="2231">not based on</span> <span class="cue" id="t-2233" data-t="2233">them properly organizing around each other or having useful skill sets or or having a product</span> <span class="cue" id="t-2240" data-t="2240">to to sell the fund themselves, but based</span> <span class="cue" id="t-2242" data-t="2242">based explicitly</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">around</span> <span class="cue" id="t-2245" data-t="2245">issuing</span> <span class="cue" id="t-2246" data-t="2246">money.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2247">37:27</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2247" data-t="2247">Right. It that's that's the natural course of things. It's going to be</span> <span class="cue" id="t-2253" data-t="2253">citadels</span> <span class="cue" id="t-2254" data-t="2254">where everybody agrees on the the same stablecoin,</span> <span class="cue" id="t-2257" data-t="2257">probably people who listen to the same podcast. It's gonna be a very podcast,</span> <span class="cue" id="t-2262" data-t="2262">very stablecoin</span> <span class="cue" id="t-2263" data-t="2263">centric</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2264">37:44</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2264" data-t="2264">demographic. It's gonna be very uniform across these different citadels.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2269">37:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2269" data-t="2269">Yeah. I mean, it</span> <span class="cue" id="t-2270" data-t="2270">sorry. Does that mean we should start a bugle week weekly citadel?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2276">37:56</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2276" data-t="2276">I think that I think it will emerge</span> <span class="cue" id="t-2278" data-t="2278">naturally,</span> <span class="cue" id="t-2279" data-t="2279">and I think that we will</span> <span class="cue" id="t-2281" data-t="2281">be the journalists</span> <span class="cue" id="t-2283" data-t="2283">they trust</span> <span class="cue" id="t-2284" data-t="2284">to make sure everybody else in The Citadel</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2286">38:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2286" data-t="2286">is up to date on on the truth.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2290">38:10</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2290" data-t="2290">Yep. So, like, what what type of journalist</span> <span class="cue" id="t-2293" data-t="2293">who would be the top three journalists you would invite into the Beagle Weekly Citadel</span> <span class="cue" id="t-2298" data-t="2298">outside of, the Beagle</span> <span class="cue" id="t-2300" data-t="2300">contributors?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2302">38:22</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2302" data-t="2302">That's a good question. You you've been a journalist longer than I have. I I'm curious to see who who your top three would be.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2310">38:30</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2310" data-t="2310">Right now my top three credentialed journalists, I'd say Marty or sorry, Parti Bent.</span> <span class="cue" id="t-2318" data-t="2318">He Marty. Yep. He's he's a good one. He'd be he'd be in the top three. I wouldn't put a number one,</span> <span class="cue" id="t-2324" data-t="2324">but</span> <span class="cue" data-t="2324">I'd I'd probably say Piers Morgan.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2328">38:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2328" data-t="2328">Okay.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2329">38:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2329" data-t="2329">Because he he's he's essentially, like, a better version of Peter McCormick,</span> <span class="cue" id="t-2334" data-t="2334">if that makes sense. So, like, Peter McCormick is trying to be Piers Morgan.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2338">38:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2338" data-t="2338">And so Great analogy.</span> <span class="cue" id="t-2340" data-t="2340">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2341">39:01</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2341" data-t="2341">So instead of like, Peter's not actually</span> <span class="cue" id="t-2344" data-t="2344">an accredited</span> <span class="cue" id="t-2345" data-t="2345">journalist</span> <span class="cue" id="t-2346" data-t="2346">like Piers.</span> <span class="cue" id="t-2347" data-t="2347">I mean, he this is a guy that just spun up his own podcast and started talking about Bitcoin and then got got some</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2353">39:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2353" data-t="2353">PodConf money and then hired six producers. I like the Bible talks about false prophets. He's kind of the false journalist or the false podcaster.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2362">39:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2362" data-t="2362">Yeah.</span> <span class="cue" id="t-2363" data-t="2363">Yeah. But but Piers Piers is much better than Peter in that regard. And,</span> <span class="cue" id="t-2369" data-t="2369">I mean, like, Piers was such a good journalist that Alex Jones</span> <span class="cue" id="t-2372" data-t="2372">actually started a a petition</span> <span class="cue" id="t-2375" data-t="2375">to, get him deported. Like, that's how good his journalism was. It threatened the non like, the fake noncredentialed</span> <span class="cue" id="t-2383" data-t="2383">journalist class.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2384">39:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2384" data-t="2384">So he would be,</span> <span class="cue" id="t-2386" data-t="2386">I wouldn't put it number one.</span> <span class="cue" id="t-2388" data-t="2388">Who would be number one?</span> <span class="cue" id="t-2390" data-t="2390">I mean, I'd put, like, Rizzo in honorable mention.</span> <span class="cue" id="t-2394" data-t="2394">I I probably pick Natalie Brunell</span> <span class="cue" id="t-2397" data-t="2397">as number one</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2399">39:59</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2399" data-t="2399">because her media training is just so good. And, you know, fortunately, she's married to Sam Callahan,</span> <span class="cue" id="t-2406" data-t="2406">who's definitely,</span> <span class="cue" id="t-2407" data-t="2407">you know, an asset to have in the Citadel because you need like, if you're gonna be running your own yeah. If you're gonna be running your own</span> <span class="cue" id="t-2415" data-t="2415">Exactly.</span> <span class="cue" id="t-2416" data-t="2416">If you're gonna be running your own central bank, you need a good macro analyst</span> <span class="cue" id="t-2420" data-t="2420">to help you, like, determine what's going on in the market. Like, he's he's explicitly</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2425">40:25</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2425" data-t="2425">really good on the topic</span> <span class="cue" id="t-2427" data-t="2427">of synthetic dollars.</span> <span class="cue" id="t-2429" data-t="2429">Right. He's very knowledgeable. He actually he talks about Tether pretty frequently.</span> <span class="cue" id="t-2434" data-t="2434">Right. He's gonna be one of our biggest competitors on this endeavor.</span> <span class="cue" id="t-2439" data-t="2439">So I I would say,</span> <span class="cue" id="t-2441" data-t="2441">you know, I would swoop Sam</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2444">40:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2444" data-t="2444">Callahan</span> <span class="cue" id="t-2445" data-t="2445">through Natalie Burnell's</span> <span class="cue" id="t-2447" data-t="2447">credentials.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2448">40:48</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2448" data-t="2448">So those would be my top three. That's good. I like Max Kiser. He's gotta be in the top three. Again, I don't know if I put him number one.</span> <span class="cue" id="t-2456" data-t="2456">Matt Skiser,</span> <span class="cue" id="t-2457" data-t="2457">he's he's got the facts before everybody else. He does not</span> <span class="cue" id="t-2461" data-t="2461">he does not</span> <span class="cue" id="t-2463" data-t="2463">bend the knee to the government. He he'll lead. He'll go to another place.</span> <span class="cue" id="t-2468" data-t="2468">If the government's not friendly to him, he'll go report for Al Jazeera. He just doesn't give an f. Right?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2473">41:13</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2473" data-t="2473">I'd say number</span> <span class="cue" id="t-2475" data-t="2475">in the top three, Tim Pool.</span> <span class="cue" id="t-2477" data-t="2477">As much as I'd love to have Tim Pool on there, I don't know if he's credentialed, then we might have to to verify that. But even if he's not, maybe he should maybe he deserves to be, like, grandfathered in.</span> <span class="cue" id="t-2488" data-t="2488">And then</span> <span class="cue" id="t-2490" data-t="2490">wow. Then last one,</span> <span class="cue" id="t-2492" data-t="2492">it's tough. It's it's probably between,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2498">41:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2498" data-t="2498">Glenn Greenwald</span> <span class="cue" id="t-2499" data-t="2499">and,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2501">41:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2501" data-t="2501">I guess, we'll just go with Glenn. Yeah. Glenn's a good one. And and, you know, for for anybody listening that that questions whether or not Max actually has the proper journalist</span> <span class="cue" id="t-2511" data-t="2511">credentials. He was given</span> <span class="cue" id="t-2513" data-t="2513">an honorary bachelor's in journal journalism by the University of El Salvador in San Salvador.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2520">41:60</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2520" data-t="2520">That's right. So that puts the doubters,</span> <span class="cue" id="t-2522" data-t="2522">all the the truth there's that wanna see,</span> <span class="cue" id="t-2525" data-t="2525">his journalism transcripts, well,</span> <span class="cue" id="t-2528" data-t="2528">you can shut up</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2529">42:09</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2529" data-t="2529">now. Yeah.</span> <span class="cue" id="t-2531" data-t="2531">And, you know, this kinda brings into</span> <span class="cue" id="t-2534" data-t="2534">perspective that, you know, because it's our Citadel, we consider our own standards.</span> <span class="cue" id="t-2538" data-t="2538">So like the best practices yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2541">42:21</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2541" data-t="2541">What?</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2542">42:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2542" data-t="2542">Well, the best practices</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2544">42:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2544" data-t="2544">Go ahead. Best practices</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2546">42:26</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2546" data-t="2546">require a bachelor's degree.</span> <span class="cue" id="t-2548" data-t="2548">Sometimes exceptions are worthy. Like, you can't give honorary</span> <span class="cue" id="t-2552" data-t="2552">degrees to people.</span> <span class="cue" id="t-2554" data-t="2554">So, like,</span> <span class="cue" id="t-2555" data-t="2555">a lot of people don't know what the process to become a journalist is. So, like, the first step is to get the bachelor's degree.</span> <span class="cue" id="t-2562" data-t="2562">But there's almost like a knighting process where</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2565">42:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2565" data-t="2565">the the title needs to be bestowed upon</span> <span class="cue" id="t-2567" data-t="2567">you by</span> <span class="cue" id="t-2568" data-t="2568">either a lord</span> <span class="cue" id="t-2570" data-t="2570">or a king of journalism.</span> <span class="cue" id="t-2572" data-t="2572">So either, you know, like an individual,</span> <span class="cue" id="t-2575" data-t="2575">like a CEO of a big media company</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2578">42:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2578" data-t="2578">or</span> <span class="cue" id="t-2579" data-t="2579">like a Tucker Carlson, like a big personality</span> <span class="cue" id="t-2582" data-t="2582">in the space. Right.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2583">43:03</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2583" data-t="2583">Right. And it's</span> <span class="cue" id="t-2585" data-t="2585">another important aspect is that as a node runner will learn,</span> <span class="cue" id="t-2589" data-t="2589">if you issue your own currency,</span> <span class="cue" id="t-2593" data-t="2593">you decide what is compliant. So compliance is what you say it is. If that's the US government right now, like, it may be a while, but if if you if you didn't break it,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2604">43:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2604" data-t="2604">they could say you did. Because compliance is what they say it is. They define compliance. And they define compliance for themselves. And this is, like, why in our Citadel, it's really important if we're to set up any sort of justice</span> <span class="cue" id="t-2617" data-t="2617">system, like it has to be controlled by us.</span> <span class="cue" id="t-2620" data-t="2620">So</span> <span class="cue" id="t-2621" data-t="2621">the I mean, the most fair way to do it is for your elected</span> <span class="cue" id="t-2625" data-t="2625">service,</span> <span class="cue" id="t-2626" data-t="2626">individuals</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2627">43:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2627" data-t="2627">to essentially regulate themselves</span> <span class="cue" id="t-2629" data-t="2629">and referee themselves.</span> <span class="cue" id="t-2631" data-t="2631">Right? That's what I need. Right. Yeah. You know, independent</span> <span class="cue" id="t-2634" data-t="2634">judiciary, but it needs to be controlled by you.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2638">43:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2638" data-t="2638">Exactly. As long as you have, like, the Department of Justice has enough</span> <span class="cue" id="t-2643" data-t="2643">sovereignty.</span> <span class="cue" id="t-2644" data-t="2644">The the only people who can be trusted</span> <span class="cue" id="t-2647" data-t="2647">to watch the watchers</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2649">44:09</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2649" data-t="2649">are people with the right credentials. I mean, I I've been really interested to get some,</span> <span class="cue" id="t-2654" data-t="2654">some of Hapa's ideas on decentralized</span> <span class="cue" id="t-2658" data-t="2658">judiciary. I mean, you can almost you can almost, like, do voting in the blockchain</span> <span class="cue" id="t-2663" data-t="2663">to kinda, like, replicate the jury process.</span> <span class="cue" id="t-2666" data-t="2666">You could livestream</span> <span class="cue" id="t-2668" data-t="2668">a,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2670">44:30</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2670" data-t="2670">well, you could you could use, like, a system like Orange</span> <span class="cue" id="t-2674" data-t="2674">to</span> <span class="cue" id="t-2675" data-t="2675">pick a jury of viewers of a live watch stream</span> <span class="cue" id="t-2680" data-t="2680">of</span> <span class="cue" id="t-2681" data-t="2681">the trial,</span> <span class="cue" id="t-2684" data-t="2684">and they can actually,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2685">44:45</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2685" data-t="2685">you know, vote as a jury</span> <span class="cue" id="t-2687" data-t="2687">on whether somebody's guilty or not using</span> <span class="cue" id="t-2691" data-t="2691">decentralized KYC</span> <span class="cue" id="t-2694" data-t="2694">and,</span> <span class="cue" id="t-2695" data-t="2695">you know, these other other products that, you know, we can control as our own central bank.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2701">45:01</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2701" data-t="2701">Decentralized</span> <span class="cue" id="t-2702" data-t="2702">justice. It's</span> <span class="cue" id="t-2703" data-t="2703">it's</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2704">45:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2704" data-t="2704">I don't know if people are ready. And the the cool thing about this is the jury selection could be a lot more favorable for the defense</span> <span class="cue" id="t-2712" data-t="2712">because they're gonna have the analytics</span> <span class="cue" id="t-2714" data-t="2714">of all these different people's aspects of people's lives. Like, you could you could score people based on their compliance level.</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">Rod Palmer</b> <span class="cue" id="t-2723" data-t="2723">It's not where You won't even need their testimony.</span> <span class="cue" id="t-2727" data-t="2727">You'll be able to tell by looking at the data and the analytics if</span> <span class="cue" id="t-2731" data-t="2731">what what the verdict should be. You you it it's it's almost like there was this movie. I can't remember what it's called, but it was Tom Cruise. They could they could use data and analytics to tell if somebody was that break, break the law or commit a crime before they even did it. And now</span> <span class="cue" id="t-2748" data-t="2748">you could eliminate crime this way. Like, you don't even like, somebody could lie to you, but if they if you did the data, the data doesn't lie. The math doesn't lie. The cryptography</span> <span class="cue" id="t-2757" data-t="2757">doesn't lie. And,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2758">45:58</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2758" data-t="2758">like, all of this can be done using smart contracts. So instead of relying on individuals,</span> <span class="cue" id="t-2763" data-t="2763">you're you're relying on the blockchain</span> <span class="cue" id="t-2766" data-t="2766">on a mute on an immutable ledger.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2769">46:09</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2769" data-t="2769">The very foundation</span> <span class="cue" id="t-2770" data-t="2770">of Western law,</span> <span class="cue" id="t-2771" data-t="2771">these contracts.</span> <span class="cue" id="t-2773" data-t="2773">So these smart contracts,</span> <span class="cue" id="t-2774" data-t="2774">decentralized</span> <span class="cue" id="t-2775" data-t="2775">identity,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2776">46:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2776" data-t="2776">it</span> <span class="cue" id="t-2777" data-t="2777">fundamentally</span> <span class="cue" id="t-2778" data-t="2778">shifts</span> <span class="cue" id="t-2779" data-t="2779">justice.</span> <span class="cue" id="t-2780" data-t="2780">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2781">46:21</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2781" data-t="2781">This is a big shift. I mean, this this could really, propel</span> <span class="cue" id="t-2785" data-t="2785">things forward. And it's just, man, we gotta we gotta decentralize things.</span> <span class="cue" id="t-2790" data-t="2790">And it it's time. And I know, like, people are gonna be resistant to these ideas because they're new and they're different.</span> <span class="cue" id="t-2797" data-t="2797">But this is a part of acknowledging the death of the dollar, is the death of centralized</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2803">46:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2803" data-t="2803">governance in general. First step is always denial.</span> <span class="cue" id="t-2806" data-t="2806">And once people get out of denial stage that the dollar is dead,</span> <span class="cue" id="t-2811" data-t="2811">they can finally start</span> <span class="cue" id="t-2813" data-t="2813">to do the work required</span> <span class="cue" id="t-2816" data-t="2816">to make progress</span> <span class="cue" id="t-2817" data-t="2817">because decentralization</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2818">46:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2818" data-t="2818">is hard work.</span> <span class="cue" id="t-2820" data-t="2820">And I think that</span> <span class="cue" id="t-2821" data-t="2821">we have we're just not used to</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2825">47:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2825" data-t="2825">what is coming, but we will. We'll we will adjust. Yeah. I mean, the do do you think there's going to be, like, a whole new mental health revolution</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2834">47:14</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2834" data-t="2834">talking about, like, the process of grieving the death of the dollar? I think it's how he started. I just I I think part of the mental health revolution, ISIS, whatever you wanna call it,</span> <span class="cue" id="t-2846" data-t="2846">is people</span> <span class="cue" id="t-2847" data-t="2847">starting to notice</span> <span class="cue" id="t-2849" data-t="2849">the death of the system that they</span> <span class="cue" id="t-2851" data-t="2851">built their lives on. And they could tell that it's it's coming to an end, and they are not gonna live</span> <span class="cue" id="t-2857" data-t="2857">in dollar</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2859">47:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2859" data-t="2859">state in dollar terms. They're not gonna live the same quality of life as their grandparents and their parents. And it's</span> <span class="cue" id="t-2866" data-t="2866">they haven't accepted it yet, but they will.</span> <span class="cue" id="t-2870" data-t="2870">Once they realize</span> <span class="cue" id="t-2872" data-t="2872">the dollar's dead and Bitcoin is won, they will their whole demeanor will shift, and their</span> <span class="cue" id="t-2879" data-t="2879">confidence and their positivity,</span> <span class="cue" id="t-2881" data-t="2881">their</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2882">48:02</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2882" data-t="2882">their outlook will be so much more optimistic.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2885">48:05</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2885" data-t="2885">Yeah.</span> <span class="cue" id="t-2886" data-t="2886">I mean, I I think this, like, this revelation,</span> <span class="cue" id="t-2889" data-t="2889">there's been a lot of discussion on what to do about</span> <span class="cue" id="t-2893" data-t="2893">the Mexican border, what to do about the fentanyl crisis.</span> <span class="cue" id="t-2898" data-t="2898">And I think that if people realize the dollar is dead, they'll probably</span> <span class="cue" id="t-2903" data-t="2903">stop doing fentanyl.</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">Rod Palmer</b> <span class="cue" id="t-2905" data-t="2905">Right.</span> <span class="cue" id="t-2906" data-t="2906">It, ironically,</span> <span class="cue" id="t-2908" data-t="2908">started doing fentanyl because</span> <span class="cue" id="t-2911" data-t="2911">the dollar was dying. That makes sense, I guess, because fentanyl is what you get in hospice.</span> <span class="cue" id="t-2917" data-t="2917">Well, these people</span> <span class="cue" id="t-2919" data-t="2919">will stop living like they're in a hospice just waiting to die</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2923">48:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2923" data-t="2923">They realize they've already died and now be been reborn, and they can live this new life,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2929">48:49</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2929" data-t="2929">live this new future. I mean, it's really like a phoenix rising from the ashes type situation that every individual must go through.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2938">48:58</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2938" data-t="2938">The absence of the dead and burned dollar, the cremated dollar.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2942">49:02</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-2942" data-t="2942">Yeah.</span> <span class="cue" id="t-2944" data-t="2944">The the cost of,</span> <span class="cue" id="t-2946" data-t="2946">essentially</span> <span class="cue" id="t-2948" data-t="2948">accepting the death of the dollar and becoming your own central bank is a raspberry pi. That's it. That's it sounds silly, and it's so</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2956">49:16</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2956" data-t="2956">it makes you wanna almost</span> <span class="cue" id="t-2958" data-t="2958">cry from laughing that it's so easy</span> <span class="cue" id="t-2961" data-t="2961">that people just have to</span> <span class="cue" id="t-2963" data-t="2963">realize it, take control.</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">Yeah. I mean, berry Bitcoin fixes this. It's it's as simple as that. You know, three three words that people need to accept</span> <span class="cue" id="t-2975" data-t="2975">and come to grips with, and then everything gets easier.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2979">49:39</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2979" data-t="2979">Yeah. When you're when you are in the gutter,</span> <span class="cue" id="t-2981" data-t="2981">despair,</span> <span class="cue" id="t-2983" data-t="2983">your life that you're homeless,</span> <span class="cue" id="t-2984" data-t="2984">you've got nothing, no future, no family.</span> <span class="cue" id="t-2988" data-t="2988">It can be very easy to</span> <span class="cue" id="t-2990" data-t="2990">fall into despair and to keep using drugs and heroin and and opiates</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-2995">49:55</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-2995" data-t="2995">until you realize</span> <span class="cue" id="t-2997" data-t="2997">Bitcoin fixes this. There's nothing.</span> <span class="cue" id="t-2999" data-t="2999">It can never be so broken that Bitcoin can't fix it. That's just it's it's a message that more people need to hear. There there's a better way. There's a better path.</span> <span class="cue" id="t-3010" data-t="3010">There's a better future. An eternal future. You will live your identity will live forever decentralized</span> <span class="cue" id="t-3018" data-t="3018">on the chain, on the time chain. That is</span> <span class="cue" id="t-3021" data-t="3021">eternal identity.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3023">50:23</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3023" data-t="3023">Yeah. I forgot to put the fountain boost in the,</span> <span class="cue" id="t-3028" data-t="3028">in the agenda. We'll have to get to those here in a second. The last thing I wanted to talk about,</span> <span class="cue" id="t-3033" data-t="3033">So we we talked a little bit about the the doll death in the dollar or the dollar acknowledgment,</span> <span class="cue" id="t-3039" data-t="3039">part of the beginning of the show. But,</span> <span class="cue" id="t-3041" data-t="3041">what what are your thoughts on PodConv</span> <span class="cue" id="t-3044" data-t="3044">trying to use the dollar to make Bitcoin stronger</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3047">50:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3047" data-t="3047">despite the dollar already being dead. I think you</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3050">50:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3050" data-t="3050">sometimes have to take advantage</span> <span class="cue" id="t-3053" data-t="3053">of public perception.</span> <span class="cue" id="t-3055" data-t="3055">And as long</span> <span class="cue" id="t-3057" data-t="3057">as public perception has not yet shifted</span> <span class="cue" id="t-3060" data-t="3060">to identifying</span> <span class="cue" id="t-3061" data-t="3061">the death of the dollar, you use</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3064">51:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3064" data-t="3064">treasuries. You use</span> <span class="cue" id="t-3065" data-t="3065">those those bond coupons.</span> <span class="cue" id="t-3068" data-t="3068">You use those synthetic dollars to boost Bitcoin into create NGU because it</span> <span class="cue" id="t-3073" data-t="3073">even though the dollar has died, it will take a certain amount of NGU before everybody realizes it. So the more you can</span> <span class="cue" id="t-3082" data-t="3082">wait</span> <span class="cue" id="t-3083" data-t="3083">NGU,</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">the more it becomes difficult</span> <span class="cue" id="t-3087" data-t="3087">to</span> <span class="cue" id="t-3089" data-t="3089">if the the dollar is dead.</span> <span class="cue" id="t-3092" data-t="3092">So until</span> <span class="cue" id="t-3093" data-t="3093">people realize it,</span> <span class="cue" id="t-3096" data-t="3096">you make Bitcoin stronger</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3098">51:38</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3098" data-t="3098">by pumping dollars into the system.</span> <span class="cue" id="t-3100" data-t="3100">Mhmm. And so people will realize eventually, like, wow. Like, all these dollars are going in. It's not making a difference. Well, that's because Bitcoin is Bitcoin has won. The dollar is dead. Dollar cannot make Bitcoin stronger anymore.</span> <span class="cue" id="t-3113" data-t="3113">But until that day,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3116">51:56</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3116" data-t="3116">you have to keep pumping it in. Yeah. That makes a lot of sense. Alright.</span> <span class="cue" id="t-3121" data-t="3121">Do you have the do you have the piece? Hold up. I do. I do.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3125">52:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3125" data-t="3125">We just died with the first one, and that's John</span> <span class="cue" id="t-3128" data-t="3128">from, Uncoverable Misfits.</span> <span class="cue" id="t-3130" data-t="3130">Ain't no party like the bugle party because the bugle party don't stop. That's right. That's right. Bugle</span> <span class="cue" id="t-3137" data-t="3137">is fireless</span> <span class="cue" id="t-3139" data-t="3139">in its efforts to bring you the truth,</span> <span class="cue" id="t-3142" data-t="3142">give you the news that you don't have to think about the facts.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3146">52:26</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3146" data-t="3146">And, John,</span> <span class="cue" id="t-3147" data-t="3147">thank you for helping</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3149">52:29</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3149" data-t="3149">keep us going. I mean, he he's right about the bugle party. It doesn't stop. If you look at the newsroom, we we have one of the few twenty four hour newsrooms in the world. You know, a lot of us, we we sleep on the floor on beanbags.</span> <span class="cue" id="t-3163" data-t="3163">We play League of Legends</span> <span class="cue" id="t-3164" data-t="3164">when we're we're trying to relax and and process through things. But, yeah, I mean, it's it's nonstop,</span> <span class="cue" id="t-3171" data-t="3171">constantly working,</span> <span class="cue" id="t-3173" data-t="3173">and,</span> <span class="cue" id="t-3174" data-t="3174">we just gotta bust out the best content possible. So thanks for your boost, John. And it does remind me that</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3180">53:00</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3180" data-t="3180">the government should make it so that</span> <span class="cue" id="t-3183" data-t="3183">journalists have priority access to Adderall because</span> <span class="cue" id="t-3186" data-t="3186">we</span> <span class="cue" id="t-3187" data-t="3187">journalists thrive off of nicotine and Adderall. We need that up, that boost to keep the party going, to keep the facts</span> <span class="cue" id="t-3195" data-t="3195">getting put on paper.</span> <span class="cue" id="t-3197" data-t="3197">Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3199">53:19</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3199" data-t="3199">And, like, one of one of the things that,</span> <span class="cue" id="t-3202" data-t="3202">you know, the government that has done has done that has really been unfortunate is,</span> <span class="cue" id="t-3207" data-t="3207">they've eliminated eliminated</span> <span class="cue" id="t-3209" data-t="3209">the ability for journalists to use Quaaludes. What happened in 1971?</span> <span class="cue" id="t-3213" data-t="3213">That's all I have to say about that. I mean, Quaaludes, they're they're great. I mean, they they can help journalists really, you know, relax because it's a lot of hard work. You gotta drink a lot of coffee. You gotta take a lot of Adderall</span> <span class="cue" id="t-3225" data-t="3225">and smoke a bunch of cigarettes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3227">53:47</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3227" data-t="3227">But, eventually,</span> <span class="cue" id="t-3228" data-t="3228">you know, you have to unwind and get some sleep to be able to recharge for the next the next charge.</span> <span class="cue" id="t-3235" data-t="3235">And, Quaaludes</span> <span class="cue" id="t-3236" data-t="3236">being banned has just</span> <span class="cue" id="t-3238" data-t="3238">been unfortunate.</span> <span class="cue" id="t-3242" data-t="3242">The next</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3244">54:04</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3244" data-t="3244">the next boost was from e z twenty one, boosted twenty thousand sats.</span> <span class="cue" id="t-3248" data-t="3248">Said, great show. It's nice to hear the adults are finally</span> <span class="cue" id="t-3251" data-t="3251">in the room.</span> <span class="cue" id="t-3253" data-t="3253">It's time to grow up and stop questioning things. Give me KYC and OFAC compliance checks for every transaction or give me death.</span> <span class="cue" id="t-3260" data-t="3260">Yeah. So,</span> <span class="cue" id="t-3262" data-t="3262">I I guess this is this boost is kind of a a good</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3267">54:27</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3267" data-t="3267">barometer for how quickly the news can change and how quickly our perspectives on things can change because,</span> <span class="cue" id="t-3275" data-t="3275">prior to the revelations that you brought to the show this week, Rod,</span> <span class="cue" id="t-3280" data-t="3280">we were reliant on organizations</span> <span class="cue" id="t-3283" data-t="3283">like OFAC</span> <span class="cue" id="t-3285" data-t="3285">and and central</span> <span class="cue" id="t-3286" data-t="3286">KYC,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3288">54:48</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3288" data-t="3288">bodies. The governments were the only ones issuing IDs,</span> <span class="cue" id="t-3292" data-t="3292">and now we have the ability to change that.</span> <span class="cue" id="t-3295" data-t="3295">The good news for you, EZ 21, is that,</span> <span class="cue" id="t-3300" data-t="3300">decentralized KYC</span> <span class="cue" id="t-3301" data-t="3301">and decentralized</span> <span class="cue" id="t-3302" data-t="3302">OFAC is coming quicker than you can imagine.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3306">55:06</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3306" data-t="3306">Yeah. Absolutely. The the safety</span> <span class="cue" id="t-3308" data-t="3308">and security</span> <span class="cue" id="t-3310" data-t="3310">of the of the population</span> <span class="cue" id="t-3312" data-t="3312">is no longer</span> <span class="cue" id="t-3314" data-t="3314">reliant on</span> <span class="cue" id="t-3315" data-t="3315">a compliance standard that has a single point of failure. Now that we have decentralized identities, decentralized compliance,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3323">55:23</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3323" data-t="3323">there's a redundancy</span> <span class="cue" id="t-3324" data-t="3324">which adds just an</span> <span class="cue" id="t-3327" data-t="3327">unmistakable layer of security to the system. You can sleep easy at night. You don't even need Quaaludes anymore. That's maybe we don't need Quaaludes now that we're decentralizing</span> <span class="cue" id="t-3336" data-t="3336">clients.</span> <span class="cue" id="t-3338" data-t="3338">The next one? Okay. Yeah. I got this one. We could do 10,000</span> <span class="cue" id="t-3342" data-t="3342">from fundamentals</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3343">55:43</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3343" data-t="3343">of the rock paper Bitcoin podcast.</span> <span class="cue" id="t-3347" data-t="3347">He says that, Pardee Bet was a solid guest. He sounds a lot like a podcast plant.</span> <span class="cue" id="t-3352" data-t="3352">I don't know what that's supposed to mean. Artie Beth is an excellent journalist.</span> <span class="cue" id="t-3357" data-t="3357">You'd think that by taking Potkomf's money,</span> <span class="cue" id="t-3360" data-t="3360">but trashing them on the show that you're not being corrupted by them, but I think they hoodwinked you here.</span> <span class="cue" id="t-3366" data-t="3366">That is that's one perspective of fundamentals. I I think that,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3371">56:11</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3371" data-t="3371">if you understood journalism a little bit better, you might understand party a little bit better. I encourage you to read more of party's work,</span> <span class="cue" id="t-3379" data-t="3379">and hopefully, you will see a different point of view there. Yeah. I mean, when</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3384">56:24</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3384" data-t="3384">when</span> <span class="cue" id="t-3386" data-t="3386">we're running the central bank, comments like that won't even be able to make it through our filter</span> <span class="cue" id="t-3392" data-t="3392">that we set up because,</span> <span class="cue" id="t-3393" data-t="3393">we're gonna only be taking</span> <span class="cue" id="t-3395" data-t="3395">opinions from,</span> <span class="cue" id="t-3398" data-t="3398">accredited individuals. Like, you know, going after Hardy Ben's credibility</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3402">56:42</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3402" data-t="3402">and trying to trash them as a pot cough plant is really it it's misinformation.</span> <span class="cue" id="t-3407" data-t="3407">And, like, I think it's okay to ask questions. Like, it's important for our audience to ask questions of us because we are journalists. We have the secure training and knowledge,</span> <span class="cue" id="t-3417" data-t="3417">but to assert</span> <span class="cue" id="t-3419" data-t="3419">conclusions</span> <span class="cue" id="t-3420" data-t="3420">when you don't have a bachelor's degree in journalism</span> <span class="cue" id="t-3423" data-t="3423">is just unfortunate. Like, one thing we want our audience to do</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3427">57:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3427" data-t="3427">is we want them to outsource their thinking to us because we know, you know, fundamentals is</span> <span class="cue" id="t-3432" data-t="3432">he's a busy guy. I mean, he's, he's doing a lot of stuff and, you you just don't have time to think for yourself when you should do. Testing is a lot of work. Yeah.</span> <span class="cue" id="t-3441" data-t="3441">Yeah.</span> <span class="cue" id="t-3442" data-t="3442">Yeah. What what is</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3444">57:24</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3444" data-t="3444">it's it's purely speculation. I have no evidence here. Sometimes you you see these people spreading crazy</span> <span class="cue" id="t-3451" data-t="3451">information,</span> <span class="cue" id="t-3453" data-t="3453">without the credentials</span> <span class="cue" id="t-3454" data-t="3454">to even be talking about stuff like what they're talking about. It almost seems like they are a</span> <span class="cue" id="t-3460" data-t="3460">a plant themselves, controlled opposition.</span> <span class="cue" id="t-3463" data-t="3463">Just some of the the comments that fundamentals lead, it almost makes me wonder if if he's controlled opposition,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3470">57:50</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3470" data-t="3470">working with Podkoff, trying to discredit</span> <span class="cue" id="t-3472" data-t="3472">Podkoff, but really, he's lurking waters so people can't see the truth as well. Yeah. I mean,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3479">57:59</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3479" data-t="3479">like, there's there's all these entities out there essentially funding the opposition,</span> <span class="cue" id="t-3485" data-t="3485">in order to make the opposition</span> <span class="cue" id="t-3487" data-t="3487">look bad.</span> <span class="cue" id="t-3488" data-t="3488">And, like, we we wanna take a strong</span> <span class="cue" id="t-3492" data-t="3492">stance against Podkoff, but we have to do it</span> <span class="cue" id="t-3495" data-t="3495">in a way where, you know, the experts are leading the charge</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3499">58:19</a><span class="cue-body"><b class="cue-who">Unknown</b> <span class="cue" id="t-3499" data-t="3499">to that</span> <span class="cue" id="t-3501" data-t="3501">yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3502">58:22</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3502" data-t="3502">Well, thank you for your boost fundamentals, sweetie.</span> <span class="cue" id="t-3505" data-t="3505">I I recently learned that they they do, like, a podcast every other week.</span> <span class="cue" id="t-3510" data-t="3510">You have to wait two weeks</span> <span class="cue" id="t-3512" data-t="3512">to listen to their podcast instead of only one,</span> <span class="cue" id="t-3515" data-t="3515">like the Beagle Weekly.</span> <span class="cue" id="t-3517" data-t="3517">So I'll let the listeners draw their own conclusions on that.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3521">58:41</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3521" data-t="3521">But I will look forward to the next one, next week when they release it. Q w</span> <span class="cue" id="t-3526" data-t="3526">boosted for 5,000 sass and said, keep changing the narrative and continue supporting value the value for value pod conf disruptors.</span> <span class="cue" id="t-3536" data-t="3536">Oh,</span> <span class="cue" id="t-3538" data-t="3538">I mean, that's what the show was all about today. It was all about the disrupting PodCon for decentralization.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3544">59:04</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3544" data-t="3544">Right. And you you can rely on journalists like us who are doing our very best, but</span> <span class="cue" id="t-3550" data-t="3550">ultimately,</span> <span class="cue" id="t-3551" data-t="3551">humans are all</span> <span class="cue" id="t-3552" data-t="3552">we're we're not perfect. If you could decentralize</span> <span class="cue" id="t-3557" data-t="3557">and fix the Byzantine general,</span> <span class="cue" id="t-3559" data-t="3559">general's problem</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3560">59:20</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3560" data-t="3560">of disrupting</span> <span class="cue" id="t-3561" data-t="3561">these centralized institutions, you don't have to rely on people. But we will keep doing our best to help Bitcoin succeed</span> <span class="cue" id="t-3569" data-t="3569">by by being credentialed,</span> <span class="cue" id="t-3572" data-t="3572">principled journalists.</span> <span class="cue" id="t-3574" data-t="3574">But, hopefully, our job will be</span> <span class="cue" id="t-3577" data-t="3577">be be disrupted itself, and we won't have to rely</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3581">59:41</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3581" data-t="3581">on people.</span> <span class="cue" id="t-3582" data-t="3582">It'll be the system the incentives.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3584">59:44</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3584" data-t="3584">Smart. It'll be it'll be the first</span> <span class="cue" id="t-3587" data-t="3587">governance model that is thermodynamically</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3589">59:49</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3589" data-t="3589">sound. Wow.</span> <span class="cue" id="t-3592" data-t="3592">I think there's so many conclusions to come to here,</span> <span class="cue" id="t-3596" data-t="3596">from from all of these revelations that healing them said out loud is just very powerful. Yeah.</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">I'll get the next one too. Well, actually, you get the next one because you were the one after that. I'll read yours. Yeah.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3610">1:00:10</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3610" data-t="3610">Last week, we complied so hard, basted, but in the end, it didn't even matter. This week, we will comply even harder, get our boost in early.</span> <span class="cue" id="t-3618" data-t="3618">That was 5,000 sats for orange art.</span> <span class="cue" id="t-3621" data-t="3621">Who's a friend of the show?</span> <span class="cue" id="t-3624" data-t="3624">Thank you so much, Orange Mart. And,</span> <span class="cue" id="t-3627" data-t="3627">if you because you're such a friend of the show, we know that you will get your boost in as early as possible.</span> <span class="cue" id="t-3633" data-t="3633">We look forward to that boost,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3635">1:00:35</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3635" data-t="3635">to help supply</span> <span class="cue" id="t-3637" data-t="3637">our cigarettes.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3639">1:00:39</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3639" data-t="3639">Do you wanna take a shot at trying to sing those lyrics? Let me try.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3645">1:00:45</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3645" data-t="3645">I complied</span> <span class="cue" id="t-3646" data-t="3646">so hard</span> <span class="cue" id="t-3647" data-t="3647">and got so far.</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">Richard Greaser</b> <span class="cue" id="t-3650" data-t="3650">I didn't do it. It didn't even matter. It's pretty good. Thank you. I generally I generally try and light up a cigarette as I'm trying to smoke because the the cigarette smoke really helps my singing voice.</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3665">1:01:05</a><span class="cue-body"><b class="cue-who">Rod Palmer</b> <span class="cue" id="t-3665" data-t="3665">If that could raspy</span> <span class="cue" id="t-3667" data-t="3667">South</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3667">1:01:07</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" data-t="3667">Yeah.</span> <span class="cue" id="t-3668" data-t="3668">I mean, Bob Dylan did that.</span> <span class="cue" id="t-3672" data-t="3672">I</span> <span class="cue" id="t-3673" data-t="3673">I have wanted to make it to Orange Mart, but I still have not got past the tutorial. It's a lot. You gotta do you gotta do the work. Gotta do the work. Well, I'll get there. Like, I'm pretty I I want to go</span> <span class="cue" id="t-3684" data-t="3684">and see if I can deface the Podkoff mural within Orange Mart.</span> <span class="cue" id="t-3689" data-t="3689">And in order to do that, I have to defeat the tutorial standing in my way,</span></span></p> + +<p class="cue-p"><a class="cue-t" href="#t-3694">1:01:34</a><span class="cue-body"><b class="cue-who">Richard Greaser</b> <span class="cue" id="t-3694" data-t="3694">and that's just the the proof of work I need to accomplish.</span></span></p> +