0:00Richard Greaser This is Richard Grieser, and you're listening to the world's most thermodynamically sound podcast. Chain.

0:52Kailey Welch And that's just the start.

0:54Rod Palmer Welcome back to the Bugle. If you you know, we have a lot of new listeners. The bull market is right now, it's a little bit of pause. There's a lot going on, and we got a lot of new listeners. And if you're if you're wondering what is the Bugle weekly podcast, it is the podcast, the Bitcoin podcast for people who listen

1:14Rod Palmer to forty hours of Bitcoin podcasts per week. The game theory, the incentive analysis, the cultural analysis that we do here, it may the difficulty may seem high, but if you listen to forty hours per week,

1:31Rod Palmer you'll be able to pick up pretty quickly. So, yeah, a whole lot of stuff going on the past two weeks. Donald Trump's first, you know, the first Bitcoin president's first two weeks in office have been even bigger than I think almost anybody could have anticipated. What is what's going through your mind as a Bitcoin broadcaster, Richard? How how to handle how to report the news

1:56Rod Palmer in this market, in this environment? I think it's really difficult

1:60Richard Greaser for Bitcoin podcasters right now. The the thing about Donald Trump and what's happening right now is he's making things incredibly unpredictable. And

2:13Richard Greaser as Bitcoin podcasters, it's like we've had a crystal ball for years. Right? Yes. We're predicting Bitcoin winning. We've been predicting the demise of fiat. We've been predicting all these things. But now that a lot of the things that we've predicted

2:30Richard Greaser have come true or are coming true. The game theory is playing out before our eyes. Now we have to look to what happens afterwards, and I don't think we've had Right. Spent enough time pontificating on what we think that future

2:50Richard Greaser of going into a world where Bitcoin has already won. Right.

2:55Rod Palmer We very accurately recognized and predicted the demise of the fiat system, the demise of the legacy financial

3:06Rod Palmer markets. But we didn't Bitcoin had already won. We didn't know what that meant. We don't we don't we don't know to what to expect. Nobody knows what Bitcoin will fix and when it will fix it

3:22Rod Palmer any given day anymore. We're finding out through breaking tweets, the videos, viral videos, meme coins, what part of the world, what part of the market, what part of the economy, what part of the international order did Bitcoin fix today? And it comes so fast and Donald Trump is just pumping it, pumping it, pumping it. And the price doesn't look like it reflects this NGU that we expected, but life doesn't come at you linearly. And you just have to look around you and see, oh my god. Bitcoin just fixed immigration. Bitcoin just fixed

3:54Rod Palmer USAID. Bitcoin just fixed the deep state. Bitcoin just fixed the layoffs of the CIA, and it's it's happening so fast. And did nobody expect that that it would take only

4:04Richard Greaser two weeks. Yeah. The world is changing before our eyes incredibly quickly. And it's a result of all of us. It's a result of the Bitcoin podcasters. Like, that that is what allowed the world to change in this manner. So I think if you're a Bitcoin podcaster,

4:24Richard Greaser you should be patting yourself on the back. Absolutely. Absolutely. Then then people are listening

4:30Rod Palmer to at an annual forty hours of Bitcoin podcast per week and they're not doing that. The Bitcoiners, if anybody in the world understands the value of time, it's Bitcoiners and people who listen to Bitcoin podcasts. They would not be spending their scarce time listening to forty hours of Bitcoin podcasts per week if the signal wasn't so strong

4:57Rod Palmer and that is ever more true in this psyop era. Every time you look on the timeline, you know, another CIA, another Fed has been given the pink slit, sat home, been fired from the CIA, everything. It's just one win after another

5:17Rod Palmer and we need to remember who was talking, who was reporting the news and he was being bullish but serious and respect responsible with the reporting of their news. I mean, who is just giving you, you know, anti Fed form, right? Yep.

5:36Richard Greaser We went over a few of our predictions last week, and I think we should just, you know, as they as they come up, as we feel inspired, give predictions.

5:46Rod Palmer One of the predictions I know that was that predictions already came true. Mhmm. Planetar excused and exposed Ross Ulbricht to being a shitcoiner, a couple of days ago

5:60Rod Palmer because, Ross Ulbricht liquidated some meme coins that were sent to him by some of the people in the community who just think he's hot and they want to support him. It was a very good prediction on your part. And, Trevor, what prediction did you want to bring up or discuss in further detail today?

6:17Richard Greaser Well, one of the things I just want to say so the the Bitcoin price dipped today. It's down to $9,797,000 dollars USTT per coin. I think this is gonna be short term, but my question is what Bitcoin podcasters quit

6:36Rod Palmer to drive the price down? Right. That you know, what is the leading indicator that, that is really becoming a a headwind towards the effort of NGU. I mean, Bitcoin Podcasters provide a KALEWind to,

6:53Rod Palmer to the NGU and to smooth scaling, you know, or smooth sailing to the moon. But these defectors, these quitters, they they provide a that headwind that slows it down. Mhmm.

7:09Richard Greaser Yeah. I I think the price will recover. And one of the reasons why I think the price will recover, around the time that we should be publishing this episode, Sly Goomba should be publishing his first episode. His hiatus is coming to an end. And some alpha here, he interviewed,

7:29Rod Palmer Bitcoin CAZ. BTC CAZ. Mhmm. The, the Oklahoma Bitcoin miner with the mustache base. I'm looking forward to that. Yeah. It's if anybody remembers, Sly Cooper watched his original Bitcoin podcast. What? Why Bitcoin? In around the same time in the bull market cycle

7:53Rod Palmer at the last cycle and now he's coming back almost the exact same time the Bitcoin price I mean last time you did this the Bitcoin price went like 8x so I think that we are just in a, you know, a very minor, you know, early bull market low

8:12Rod Palmer and one of the leading indicators is lagged in this Bitcoin podcast coming back.

8:16Richard Greaser Mhmm. I mean, fundamentals single handedly you know, both on Goverdable Misfits and fundamentals are starting new Bitcoin podcasts, which is also very bullish for price. I was listening to Fundamentals Math podcast. I don't know if you gotten a chance to listen to that one yet, but I think they're already four episodes deep. Oh, yeah. Mentals is

8:42Rod Palmer one of those, you know, you hear about it in MMA, mixed martial arts, Brazilian jujitsu, somebody like BJ Penn or some other prodigy will step out on the mat as a white belt and accomplish the training and understanding of the martial art of the process so quickly that they will become a black belt in four, five years, which is at least half of what it takes the average person. And fundamentals is one of those people who he understood

9:17Rod Palmer for a year, he understood Bitcoin and the game theory behind it and the incentive so well and he still listens to forty hours per week before this upper echelon of like black belt cryptographer, cypherpunks. They can add another layer and improve who they are speaking by doing forty hours

9:39Rod Palmer of math homework per week just because you're not in high school anymore and you're not in in your formal education doesn't mean that you have to stop learning and improving by doing forty hours of math homework per week but the fundamentals if you are ready for that kind of elite, you know, plan status Bitcoin podcaster status and you're ready for forty hours of Bitcoin podcast plus forty hours of math homework, the mostly retired guys mostly boomers and stuff like that but if you're ready for that you should definitely check out fundamentals and they do like a a live it's like Twitter spaces, but it's on Noister

10:16Rod Palmer and if you're having trouble with your math homework or you want to ask one of Vandals to if you wanna show them your work, like, you can do that in those sessions. Very cool.

10:26Richard Greaser Very cool. Yeah. Fundamentals is kinda like the BJ Penn of podcasting Bitcoin podcasting.

10:32Rod Palmer Right? Exactly. It's a very good way to put it. Yes.

10:36Richard Greaser Yeah. They they refer to BJ Pan as the prodigy because he was able to get a black belt in jiu jitsu. Like, I I think the average person, it takes, like, a decade to get a black belt belt in jiu jitsu. Right. At least at the minimal. Yeah. Yeah. BJ Penn was an absolute freak. Went from just a dude who

10:59Richard Greaser fought other people on the island to having a black belt in a year, and then he proceeded to very quickly get a UFC title.

11:10Rod Palmer Yeah. There are there are people who there are people who study and practice Brazilian jiu jitsu for forty hours per week and they take ten years to get a black belt or something like fundamentals, you know, if he was in jiu jitsu, he it's his efficient use and his value of those and the effort he puts into those forty hours per week of listening to Bitcoin podcasts that lets him transcend this, you know, much faster than the average plan.

11:43Rod Palmer Fundamentals wasn't even around. Fundamentals was still, a crypto for Harris, not even the crypto for Harris, a white Deets for Harris voter. When when Sly Goomba originally started his Bitcoin podcast at the last cycle, Fundamentals didn't come in until after Celsius or right around Celsius. So he has progressed. His time preference is

12:06Rod Palmer way off the charts low for somebody who's only been in this many years.

12:12Richard Greaser Totally. Yeah. I mean, one thing that I learned about fundamentals recently is that his father was an accountant, and I think that's important. I think that's important, you know, because, like, you look at a guy like BJ Penn. He was predisposed to be a fighter. He had a lot of brothers,

12:32Richard Greaser and he just grew up fighting. You know? That's that's just how it was, the environment he was in. Like, there's other examples of individuals, you know, who have similar stories who are just kinda they have a lot more of the groundwork already previously done. Right? Like, you look at, like, somebody like Mike Tyson. He's another good example

12:55Richard Greaser of somebody that's just, like, a freaking nature. So when you're looking at fundamentals, his dad was an accountant. So his dad's job was to help people afford their taxes. Right? So he grew up with his Jewish father. I I I don't think he want a non Jewish accountant. You know what I mean? I think that's, like, kinda what I'm No. No way. Even even Kanye West was mid

13:23Richard Greaser Yeah. Totally. So you need to have a Jewish accountant. So, like, his his father was, like, probably in the top one percentile of accountants. He was, genetically predisposed

13:37Richard Greaser to helping people afford their taxes. You know? And if that's that's the house, if that's the environment that you grow up in, you're you're gonna understand Bitcoin a lot easier than most people. It's gonna take you a lot less time.

13:53Rod Palmer Right. Right. Being being somebody who understands value and hard money and time preference, that is like a like a blood memory. Mhmm. It is passed down through generations. You can trust your progeny

14:13Rod Palmer because they inherited their time preference from you and this is this is why this is why Spetzky is a proponent of of monarchy, an orange tailed monarchy, because

14:31Rod Palmer the the time preference of the monarch is is tempered and passed down through generations. It is, you know, if you become king and your time preference is so low that, like, that is the sign from the creator

14:49Rod Palmer that you are bestowed that from. Like, that is I don't agree with that necessarily. I'm a much more inclusive, person in Bitcoin podcast. I don't I think that, you know, democracy is just as possible on a Bitcoin standard as a monarchy. Bitcoin's for everyone. Bitcoin is for everybody. And, you know, speaking of that, right now, Bitcoin, we talked about this Bitcoin has done this below a 100,000.

15:19Rod Palmer Canada is now in the midst of this trade war, this tariff war, Donald Trump has put tariffs on on Canada. He is seeking to onboard more taxpayers from Canada and Mexico. He would like to make Canada the 50 first state. He would like to help Canadians

15:40Rod Palmer afford their taxes. Right now, it's very difficult for Ks to afford their taxes, and part of that reason is their currency. And right now I think Justin Trudeau has the support of the country, but if Bitcoin drops below a 100 ks in Canada, I think that people are going to start. They're gonna stop supporting

16:03Rod Palmer him. I think that is a real

16:06Richard Greaser possibility how this plays out. Yeah. I mean, you would hope that the Canadian people would have some loyalty to Trudeau because he was the one that got them to a 100 k before The US, which is a massive accomplishment. You can't you can't forget that. You cannot forget

16:23Rod Palmer that Justin Trudeau was the first world leader to get, neo, Bitcoin to a $100,000.

16:30Richard Greaser Yeah. Right now, the Bitcoin price in, Canadian dollars is, 143,000. So it'd be a pretty dramatic dump for it to to go all the way back down to

16:46Rod Palmer below a 100,000. So now What's, what was the what was the Canadian Bitcoin price, you know, a week ago or before the inauguration?

16:57Richard Greaser Oh, what day was the inauguration? That was on the twentieth? Twentieth. I believe? Okay. So on the thirteenth, it hit a low of, like, 136,000.

17:11Rod Palmer And then So they yeah. They're they're very low risk of of losing a 100 k. Something, you know, maybe Trudeau has more political capital left than we give him credit for. He might, you know, perhaps he is a fighter.

17:27Richard Greaser Yeah. I mean, we're watching this serious divergence in you know, like, there's this new elite class that is forming in Canada, which is the Canadian Bitcoin podcast listener. They are experiencing a type of wealth at a time when the older peers in the country are incredibly

17:47Richard Greaser impoverished. They're not having fun staying poor. They didn't they didn't listen to Bitcoiners' advice over the last few years to really plan on how to have fun staying poor. So I mean And they're just

17:60Rod Palmer How how do you feel how do you feel sorry for the Bitcoiners who were driving around driving giant massive semi trucks around their house in circles, pawning their horns at them, telling them that Bitcoin was about to have already won? And if they didn't listen then, what what is going to get their attention now?

18:19Richard Greaser I don't know. I mean, I I think Canada just has to go through I think the whole world kinda has to go through this Darwinian survival of the fittest, where the individuals that listen to the most Bitcoin podcasts are gonna be the dominant ones, and the people that don't are gonna go get vaccinated by Bill Gates and and get sterilized and and not have homeschool children who are orange pilled.

18:48Rod Palmer I think if you're in Canada, you should not look to what your government says. Look

18:57Rod Palmer at their actions. Look at what they do. For example, one of our best followers, best boosters, Boomer. Boomer is an economist

19:10Rod Palmer for the the federal government in Canada. He's very open about this and he's buying Bitcoin. So if you're in Canada, you need to look at like the Feds who have access to uncensored economic data or buying Bitcoin hand over fist. That should be assigned to you. You should be doing the same thing. Yeah. I mean The same the same with the Harper, you know, our president

19:31Rod Palmer and his family, they're buying the our new, our new ci, our new FBI director, they're buying Bitcoin. Donald Trump's buying wrapped Bitcoin. Watch what she is buying,

19:42Richard Greaser not what, you know, the headlines in the mainstream media tell you. Yep. So to kinda recap what's happening, so there there's a trade war that is escalated right now. Donald Trump placed tariffs on China, on Canada, and on Mexico. The the Canadian government appears to be trying to get their citizens to use Bitcoin.

20:07Richard Greaser And one of the strategies that they're using is they're doing retaliatory tariffs on The US, essentially making products more expensive so that the only way that Canadians can afford their 60% taxes as well as goods getting more expensive is to buy Bitcoin.

20:27Richard Greaser Now Mexico, on the other hand, is not adopting Bitcoin. Their government is also doing retaliatory tariffs. But instead, their strategy is to try and get their citizens to use Tether because Mexico is in the global south. Right? Like, this is the the bigger inference. Yeah. And it's

20:48Rod Palmer honestly, I think I don't I think once Donald Trump figures out what's going on and realizes that Canada is the Canadians are buying Bitcoin to get around these tariffs that he's emplaced. That is when he will try to incentivize

21:07Rod Palmer them it'll be a compromise. We'll get rid of the Canadian dollar. People will stop buying Bitcoin in Canada because this is for Americans. Sats are for Americans. Canada can use

21:22Rod Palmer Tether on Tron and it will be really I think it'll be celebrated and it will be hailed as a great example of somebody from the Global North

21:36Rod Palmer who is who admits that it is time for them to admit that, you know, that they have to use tether on Tron. Yeah. I mean, that's a potential.

21:44Richard Greaser I mean, I I think what this Taproot assets announcement that you can now use Tether on Lightning, I think that That's big. Well, I think the timing was strategic.

21:58Richard Greaser It was intentionally done. At the time, it was right as these, trade wars were really coming to an head. In order to make sure that these

22:11Richard Greaser Canadians start using it. Yeah. Yeah.

22:14Rod Palmer When you put it that way, it makes a lot of sense. They will probably be the first sovereign nation onboarded to tether in the Mercutio on Lightning. Will we open the same, you know,

22:30Rod Palmer invitation for people in Mexico and people in Latin America and people in South America to use Tether on lightning, or will we kinda keep them off on Tron? Well, the the battle that we're seeing play out in Canada so

22:47Richard Greaser Francis at Bull Bitcoin, he's pretty upset because he's been trying to get people to use Tether on liquid. And now that there's support on Lightning, peep they're let they're much less likely to use liquid. Well, then People have watched, you

23:06Rod Palmer know, collectively thousands of hours with lagging tutorials on YouTube with BTC sessions and they have not watched there's no BTC, I mean, BTC sessions doesn't have popular

23:20Rod Palmer liquid tutorials. And I think that it's just right now, it's a market education issue for Samsung. Well, I think it's a big week for our for Samsung

23:31Richard Greaser and for Aqua Wallet in general. We're gonna see more use of, Tether on on Liquid

23:37Rod Palmer via Aqua Wallet. Oh, yeah. Absolutely. And this is gonna be a huge integration. It's, I mean, who's not gonna wanna use it now? I mean, who's not gonna wanna use that? Yeah. I mean, my my question is, is

23:51Richard Greaser is Aquawala gonna start supporting Tether on Lightning, or are they gonna try and continue to propagate Lightning on Liquid primarily? Like, which is gonna be the I think, yeah. I think the users

24:04Rod Palmer will make that decision for them. I think demand will make that decision for them and I think that people are going to start kind of following this philosophy of

24:19Rod Palmer my lightning tether, my, you know, LNUSDT is for my stable balance so I can pay my taxes. Everything after I can afford my taxes is gonna go, you know, on chain, cold storage, ETF, whatever your pick your poison.

24:36Rod Palmer But for paying your taxes, it's gonna be very popular. You're gonna have lightning channels that get so out of balance. The only way that you're just gonna have to plug straight into the IRS, and you'll just be able to pay your you'll be able to stream Sats as you're earning them, in Tether over lighting to the IRS. You won't have to file on April 15. You'll just be streaming them Sats all year long. Mhmm.

25:01Richard Greaser Well, I mean, that would be a pretty cool use of the the IRS as they they become essentially the de facto LSP or Lightning Service Provider.

25:13Rod Palmer Right. That that's just, you know, kind of what we've been working towards this whole time. Well And so it's interesting, you know, it'll be interesting if they use Amboss, if they go with Voltage, like, what's going to be their infrastructure? LightSpark?

25:26Richard Greaser Zebedee

25:28Rod Palmer Zebedee, River. You know, River, they've got great relationships with Peter Thiel. Like, this would be a per a match made in heaven. Totally. So I would argue probably the biggest loser

25:39Richard Greaser this week is Jerome Powell and the Federal Reserve. Because the fact that you can now have Tether on Lightning means that we're entering into the age where you can truly be your own central bank. You can issue your own stable coins on Lightning,

25:58Richard Greaser and therefore you don't really need the Federal Reserve anymore.

26:02Rod Palmer Right. Look what look what Bitcoiners did to the the rest of the commercial banking sector. It over the past few years has been in crisis. I mean, these banks have been failing left and right. They've needed so all sorts of rescuing from the central banks just to stay, you know, liquid or just to to wind down and have be taken over by the FDIC. And Bitcoiners did that. And

26:28Rod Palmer now with with Tether being able to be issued on the Lightning Network, they're just decentralizing, dematerializing central banks and the central bankers Jerome Powell is looking with and he sees it. He can't. He may not admit it. He may not show us. He's got a good poker face. He's a lawyer. That's what he does. But he sees this train coming and totally disrupting

26:52Rod Palmer central bankers because now any plaid anywhere in the world can pernicious permissionlessly be their own central bank and fund their own Bitcoin podcast by boosting it on fountain. This is huge. This is the this is the poll shift. This is the vibe shift. It is it knows has no ceiling. The center of the if the federal reserve is on its heels right now and you're bearish.

27:19Rod Palmer I just I question you've got some you've got some incentives that are in this line somewhere in their head and you got to get them fixed. It's pretty obvious. Nothing stops this train. Yeah. I mean, do people think that that was a, you know, a meme by Lynn Alden?

27:36Rod Palmer It's not. It was a warning. It was a it was a warning shot over the bow and Jerome Powell did not. I mean, there's no way that Jerome Powell is not aware of Lyn Alden. She's one of the top macro podcast guests in the world. Every everybody wants her. Everybody's trying to book her.

27:56Rod Palmer He's listened to her podcast before. He has no excuse for his late, you know, he he just didn't set them up to react. Well, on the topic of podcast,

28:08Richard Greaser so I think something that could be potentially really bullish for the price, sounds like Donald Trump, So he has offered a bunch of federal workers paid time off for eight months. It's a pretty good deal for them.

28:27Rod Palmer It's a buyout. Yeah. It's a

28:30Richard Greaser yeah. So the question I have is how do we convert all these feds that are getting these severances severance packages? How do we convert them into Bitcoin podcasters? How do we Oh, yeah.

28:45Rod Palmer That's a good I mean, this is a it's it's bigger than the buyout. It's bigger than the the PTO. It is they're buying out these contracts of all these federal employees and they're also firing feds and a lot of those feds are, you know, just think about when, you know, a huge Bitcoin company, they go bankrupt or, you know, they

29:10Rod Palmer their IPO goes down and they have to pull back. Think of the presence, the vacuum that has to be filled on Twitter spaces, on morning Twitter spaces. It goes away and so a lot of these feds because that budget, those budget cuts hit those those influencers first.

29:29Rod Palmer And so there's just going to be way fewer feds on spaces on Twitter, especially Bitcoin spaces, way fewer hot feds, way fewer girlfriends, way fewer, you know, girls in the Telegram chats. You know some of them, you know the popular ones, we talked to Mars about this. It's gonna be, you know, they're gonna be out of a job. They're gonna have to stop looking at Bitcoin influencer as a you know, it's they're gonna have to go solo. They're gonna have to start their own podcast. They're gonna have to get their own sponsors.

29:58Rod Palmer It's one is the fastest way for them to win the podcast. Yeah.

30:04Richard Greaser I there there were government programs attempting to teach coal miners that lost their jobs how to podcast or sorry, how to code, and I think that's Did Steve has Steve Barger learned the podcast?

30:20Richard Greaser Yeah. Wait. Well, that should be the meme. Right? Learn to podcast instead of learn to code.

30:28Rod Palmer Alright. AI is taking the coding jobs. Yeah. AI is taking the coding jobs. Coding is not gonna save you. You're gonna have to learn to be a Bitcoin podcaster. Yeah. If you want to afford your taxes, that is. Not not everybody's going to be able to afford their taxes, but we're kind of in this new

30:46Rod Palmer regime. You know, people for many years have been using it almost as a slur that being a taxpayer is because you're privileged. You can pay if you're afforded to taxes, you're you have privilege. You're a taxpayer

31:02Rod Palmer you have taxpayer privilege And it's time that well, as a collector, we're kinda coming to agreement and saying, yeah, it is a privilege to be able to afford your taxes. And it's time we remember that. It's time we start prioritizing society's needs for taxpayers.

31:21Richard Greaser Yep. Well, this has been a meme for a while that individuals on the political left have been propagated. And this idea of taxing those who can afford to pay their taxes. Right? Tax the taxpayers.

31:37Rod Palmer Put this burden. Not only that, just not even acknowledging that, yes, there's these fewer percentage of the population who are paying them, But where are we getting them for that in return? There has to be an incentive, a privilege to being able to afford the taxes or else people will not work to become

32:00Richard Greaser taxpayers. Well, this is a big part of what Podkoff is trying to do, which is, you know, I I think the Trump administration with this strategic stockpile has given Bitcoiners a reason to wanna pay their taxes, which is that their taxes go into pumping the price of Bitcoin and meme coins and shake coins. Right? That's something that that is exciting for them. But, you know, Podkoff Podkoff has a different philosophy on this, which is just the act of compliance

32:32Richard Greaser in and of itself is defiant and creates NGU.

32:37Rod Palmer Right. They or any native if we have NGU and and Bitcoiners can afford their taxes, well, then the government becomes reliant on Bitcoiners who are compliant in paying their taxes.

32:51Rod Palmer So the power dynamic shifts. They need us. We all need them. So as long as we continue to pump the price, they have to do that if they want to have

33:06Rod Palmer to be able to afford the government.

33:08Richard Greaser Mhmm. Yeah. I think Bitcoiners should be looking at getting creative here. So we we have an administration that's a lot friendlier towards us, and we should be looking for how to milk it. Right? We should be looking at potentially

33:27Richard Greaser redirecting federal subsidies from condoms in Gaza to sponsoring the bar tab at meetups.

33:37Rod Palmer Oh, yeah. Yeah. Exactly. I mean, if you it it would almost be like we take all the funding away from NPR and we redirect it to Big O and Podcasters, to Foundboost,

33:51Rod Palmer and we can kind of have this public federal government compliant conversation about

34:01Rod Palmer how we can use Bitcoin to save for our future and our ability to afford taxes. And we can broadcast that out for the whole for the whole country to listen to. But yeah, these guys are gonna be Yeah, we can one spittle the people who can't, you know, who are looking for a credentialed source. They they've capitulated. They have admitted they made a mistake and they didn't buy Bitcoin. They they want compliant

34:26Rod Palmer legal sources to to be orange billed by and Dennis Porter and this new, you know, these new government boost media podcast that they're boosting, they can be that avenue. One of the topics that I thought was pretty interesting that I wanted to talk about. So

34:42Richard Greaser credentialed journalist, Pete or, yeah, Pete Rizzo, he reported on this interesting story. So the, I think they're called the POD two fifty six Foundation, the guys at Bitcoin Corp. So I think Matt Patel might be involved with that. They hit a Bitcoin block

35:02Richard Greaser solo mining with a future BitMiner. I mean, that's

35:05Rod Palmer that's huge news. That was awesome. I mean, you gotta look at you gotta think about Marathon with all that money they're spent, and they're getting beat by solo miners. Yeah. I mean, that that might be

35:20Richard Greaser them. Yeah. I think the question for big miners is why are they deploying a bunch of hash rate, which is expensive to maintain, when they could be

35:32Richard Greaser deploying a bunch of bid access at a very low cost? Like, they're not gonna have very high power cost, but if they hit a block with with a bit ax, they're like, power expenditure

35:45Richard Greaser versus Bitcoin income is so high. So the question I have for them is, is it time for them to change their model? Should they all be solo mining?

35:56Rod Palmer That's a really good question and that's going to be something that's probably going to be a topic over the next couple of years because right now we look at the hash rate and all we know from this is that people, miners are extremely bullish even at these very thin razor margins. Some of them are operating

36:19Rod Palmer unprofitably. If their goal is now and there's this many people who are bullish about it, imagine what it's going to be when the price is a million dollars per coin later this year, when it's potentially US, you know, 2,000,000,000,000 USDT per SAT. Think about how bullish miners are going to be then but if the miners who make the strategic smart decisions

36:45Rod Palmer to rethink their their business model to get cheaper, to get leaner, and for in some cases partner with the Trump administration to get subsidies, they can corner that future and be the ones who take over the hash rate and solo, you know, the solo miners,

37:05Rod Palmer they could take over pools. It can be, it can be a huge, you know, on chain warner, but you wanna get in early. You wanna, you wanna see this coming. Yeah. I mean,

37:15Richard Greaser you you think it would be fair to predict that the future bid or the the bid acts will be a lot more predominant in determining network hash rate versus some of these other

37:30Rod Palmer miners, or is that too bullish? Some people might say that it's too early or that it's too bullish. But if you look at one is shaking up the AI industry right now and like totally causing everybody to rethink every it's becoming to the point where these large language models are becoming commoditized and they're becoming deprecated within a few days, a few weeks, but then the next one comes out and they're spending so much money to build these

37:59Rod Palmer and people didn't think that Elon could launch all the GPUs for their AI project and get it running and working in less than like two years but they did it in a few months and people laughed at them And then this deep sea came out and proved that it can outperform these huge operations, these huge corporate VC ventures. And then deep sea comes around and proves they can be done for so much cheaper.

38:23Rod Palmer And then somebody has, you know, people are talking about the fact that bit, BitAxis able to solo mine blocks, it's obsolete in some of these big mining pools and some of these big mining operations.

38:38Rod Palmer It's just, it's a race to zero, a race to zero, you know, hash rate. It's a very fascinating time.

38:45Richard Greaser I think this Not a race to zero hash rate. A race to to zero cost hash rate. Yeah. I think when you when you're able to mine with a bid ax, it's such a low cost. It really kind of kills Peter Todd's argument about the security budget. Oh, yeah. Exactly

39:04Rod Palmer it. Your wife won't complain about the Bitaxe noise. Their neighbors won't complain. I mean, part of the if things don't change, people are going to be so bullish in Bitcoin mining and these big operations that if you don't capitulate

39:22Rod Palmer and buy Bitcoin, you will not be able to afford to live any place far enough away from a Marathon mining operation to not lose your mind. So we will we want an alternative to things like Marathon. Makes sense. The F2 pool. And ocean, if you don't wanna figure out how to run knots, you know, you don't necessarily wanna use ocean if you wanna make money. Yeah. I mean, if you if you don't believe

39:46Richard Greaser in the ideal pool, if you don't believe that people should eat cats, then just solo mine instead of using ocean. It's pretty obvious. I I think that yeah. We we've got some pretty crazy weeks ahead of us. But, before we hop over to Fountain Boost, I I just wanna talk about some projects we're working on. So I'm excited.

40:09Richard Greaser You are working on your own merch line right now. You've got the 40 HPW

40:15Rod Palmer Yeah. Yeah. The forty hours per week. We've been starting with the the not Marlboro pack, forty hours per week. The, you know, the Silk Road edition commemorating Ross being freed. And then, you know, just a bunch of other ones like

40:31Rod Palmer I wish, you know, it's for the wife. It's when the my husband is a Bitcoin podcaster or I wish I was a Bitcoin podcast so my husband would listen to me and, you know, things like that and there's also one if you, you know, just a Bitcoin podcast listener, there's a forty hours per week t shirt, some merch, some swag for you especially to wear them by any time you get to the Bitcoin conferences this year. If you don't want to wear PodConf approved gear and there's one coming out just with forty hours per week we talked about

41:03Rod Palmer on the previous podcast, you know, donating to us to inspire, you know, policing us on on fountain roll or taking that and changing your nose to your throat or handle to forty hours per week to get that out there because honestly forty hours per week is how you, it's how you think's worse, how you orange pull the world. That's what Dennis is doing. That's what we're doing. Yeah. I mean, when you when you wear a merch,

41:26Richard Greaser you're making a statement. You're changing the world. There's not a lot of products where you could change the world positively. Like, if you wear Nike clothing, you change the world, but it's in a negative way. You you support child slavery.

41:42Richard Greaser Right? When you wear the 40 HPW gear, you're supporting the intellectual Silk Road. You're you're actually undermining PodCon. You're

41:57Richard Greaser you're also supporting Bitcoin podcast and Bitcoin podcast listeners. And a huge part of creating change is creating culture. And we need to we need to create a culture where the coolest people in the world are those that are listening to the most Bitcoin podcasts. They're the individuals that are the best equipped you know, like,

42:19Richard Greaser it it's it's a form of credentialism. Right? It's a form of credentialism.

42:27Rod Palmer Think about think about twenty, thirty years ago. If you saw somebody who wore a Harvard t shirt or a Yale hoodie, you're like, This person is qualified to answer my questions,

42:41Rod Palmer to peer review my paper, to talk about politics, but now anybody can buy those anybody can just you can just get a print shop from China to put Harvard law school on the t shirt and you can wear it and nobody will appease you still in valor now there's the only people who anybody's gonna respect and, and, and wanna have these conversations when they need help is gonna be somebody who

43:04Rod Palmer they know that that person is a Bitcoin podcaster or a Bitcoin podcast listener. Yeah. If you, if you see a man

43:12Richard Greaser wearing a yamaka, you know that the person is they they have the correct credentials to help you afford your taxes. And wearing the 40 HPW gear is kinda the same way. Like, you you're talking to somebody that's credentialed enough to on to explain game theory to you, to explain

43:32Rod Palmer Right. And and mac or kids walking down the street with their parents or, you know, watching TV, they see somebody wearing a Bitcoin podcast t shirt that's like, I wanna be like that person when I grow up. Somebody who's like, I wanna be a first responder. Well, a Bitcoin podcaster often, it oftentimes is a first responder. Breaking news,

43:52Rod Palmer huge game theory altering situations are are taking place. It's Bitcoin podcasters who are responding to that first and helping people navigate the chaos of of the clown world in this, like, Bitcoin has already won future. 100%.

44:09Richard Greaser So, yeah, go over to go over to OrangeLabel. We'll have the we'll have the link in the show notes. Go check out the gear. Go check out the merch. Check it all out. Help usher in a bright orange feature. The next topic I wanna talk about as far as housekeeping. So there's a couple projects I'm working on. So one of the projects I'm working on is I'm working on compiling

44:33Richard Greaser all of our past articles into yearly books. So we're gonna do a book with all the articles from 2023 and 2024 that will be available

44:45Richard Greaser eventually for purchase on Liberty Under Attack. I'm excited about that. I had a call with Rayo about that. So I I think that's gonna it's gonna take a little bit. It's gonna take a period of of probably a couple months to get that accomplished, but that that, I think, will be helpful for individuals. If you're if you're interested in something like that, just, ping me because I wanna gauge interest

45:13Richard Greaser on how many people would be interested in something like this. Another

45:18Rod Palmer Oh, yeah.

45:19Richard Greaser Another project, so that Rod and I have been working on is we are going to the bu do the bugles. And the bugles are the Bitcoin the premier Bitcoin podcasting awards.

45:33Rod Palmer Is an award The only Bitcoin Podcasting Awards and it's going to be the biggest and the best and by far the most bullish.

45:41Richard Greaser Totally.

45:42Rod Palmer And PodConf is we're part Ayo. One thing we don't always agree with PodConf. We don't always trust we certainly can never trust BotComp.

45:53Rod Palmer But we both share a very important vision, which is getting people to listen to forty hours per week and advocating for Bitcoin podcasters. That's why they're helping us they're helping us put this on. So, you know, it will be very well labeled when you're watching a PodComp ad or a PodComp chill during the bugles,

46:16Richard Greaser but the rest of them will meet share signal. So that's something to look out for. We do not have a hard date, but we're planning on doing that q one of this year. So we're gonna get it done before the year's over. So look out or sorry, before the quarter's over. So look out for that. We'll keep you posted. But I think it's gonna be one of the most important events to happen to Bitcoin. I think this is gonna be bigger than the Sailor one hundred k party. This is gonna be bigger than the Satoshi roundtable that's happening in Dubai.

46:51Richard Greaser This is gonna be bigger than the Bitcoin magazine conference even. This is gonna be an earth shattering event because Bitcoin podcasters are the front line. They're the ones that determine the price of Bitcoin. They're the ones that are teaching the masses how to buy non k KYC cigarettes, how how to live dignified

47:12Richard Greaser lives, how to afford their taxes. They're the ones that are propping up the global economy on their backs like Atlas. And

47:25Richard Greaser for so long, they they haven't gotten the recognition that they deserve. They've just been shit on. You know, people have said stupid things like, oh, wow. Another Bitcoin podcast. When in reality, they should they should be they should have a national holiday for Bitcoin podcasters where where people go and they they thank a Bitcoin podcaster.

47:47Rod Palmer Yeah. You should get you should get discounts at Olive Garden, just like veterans do. It should be a day similar to veterans day, just show showing respect for Bitcoin podcast and just giving them the validation that they've earned and rep part of what we're trying to do

48:05Rod Palmer with the bugles. And yes, it's gonna be huge and it's it's gonna be important and and we've we've already sent in invitations to the president. We've extended invitations to Peter McCormick. We've extended invitations to the Four Horsemen of Podkoff. We extended invitations to Dennis Porter to be a part and many more. And if there's anybody in the influencer, especially the ones we named, that you would like

48:28Rod Palmer to make sure that they know that you're looking forward to their participation and their in the in this seminal moment for Bitcoin Podcast, the things that they owe, everything that they've got to Bitcoin Podcasts and it's time to to to celebrate that and let them know

48:46Richard Greaser maybe we can get the president. You know, he he said maybe. Yep. We'll have to we'll have to ping Barron because Barron understands the importance of podcast. A lot of people are under the belief that the only reason that that the president did Rogan was because of Barron. So No. And If anybody has any connections there, let us know. Everybody's everybody's

49:09Rod Palmer welcome. Even though we don't always see eye to eye, we're even we'd love to have Pledger be a part of the bugles. Would

49:17Richard Greaser you I don't know. Pledder might be hard to appease because he has a pretty strict purity test when it comes to participating in something. He might

49:28Kailey Welch he might have that. I think it would be I think it'd be really

49:32Rod Palmer fitting and an honor to have Platter and Mike Brock and they could be kind of like sitting up in the balcony, kind of like the two critics in the, in the, in the Mothicks, all the Mothicks movies have them clatter and and in my brock, giving their honest opinion, counting, you know, impeachable offenses, fighting the shit winners. It's, you know,

49:54Rod Palmer that would be for for them. It'd be for the people who are they really like to follow their their, their influence on on the timeline. Totally. One one question

50:05Richard Greaser I have. So this might be too long of a tangent to really get into, but Tim Pool has been missing. I don't know if you knew this. Nobody knows where Tim Pool is. He No. Has not been podcasting at all this week. So

50:24Rod Palmer Mommy worked better. What did what is there any conspiracy theories about this?

50:29Richard Greaser Well, whenever this is something that I learned working in mainstream media is that whenever a big media personality

50:42Richard Greaser disappears, there's a chance that they are essentially getting reprogrammed by the CIA. So

50:50Richard Greaser they're going and getting some training. And we know that the Trump administration is really shaking up the intelligence agencies. And as a result of that, he's gonna be shaking up how the intelligence agencies

51:04Richard Greaser interact with the media. And so I wonder if that's what's happening, if Tim is working with the MAGA contingent of the CIA

51:17Richard Greaser covertly right now. That would be my first question. But, yeah, there's not a lot of people throwing theories out there. They they probably just assume he's on vacation or something. Looks like he this podcast was two days ago. Is he missing since then? Well, he's having he's having other people do

51:36Rod Palmer the Timcast IRL podcast. Gotcha. Gotcha. Okay. So if people who listen to the All In podcast, the main co one of the main hosts, David Sacks, was recruited into the Trump deep state. Therein, he's been absent from that podcast as well. So, you know, we may see Tim with a with a new role. Maybe he's gonna be part of Doge. Do you think Doge is going to be recruiting podcasters? Well, absolutely. The first Doge spaces, so by the time you listen to this, it'll be two way, but it was tonight, Sunday, well, Monday morning at midnight, time zone, Elon didn't say, but he's doing

52:15Rod Palmer the first spaces to give an update on the Doge progress So that is going to spin out from regular spaces or irregular spaces, recurring spaces, then it's definitely going to start trickling into podcasts and become

52:30Richard Greaser the focus of making podcasts, I think. Cool. Well, shall we get into the fountain boost? Let's do it. I had another tangent I wanna go on, but then I forgot. So the last show we did was titled The Future is Wrapped. Total boost for the show comes out to 31,000 sets. We had the return of miss

52:52Rod Palmer four twenty. We haven't heard from her a real while. Maybe she was at the same place Tim Pool was. I wonder I wonder we we already said she's not a fan, but I guess we'll verify for sure that she's complaining about being unemployed and laid off for having a bunch of PTO to go to conferences in terms of non KYC cigarettes with Bitcoin podcasters

53:13Richard Greaser this year. Mhmm. Yeah. Well, I don't know about your end, but on my end, the first boost is from anonymous. I'm not sure if that's a fountain bug or if they're actually named anonymous. Can you tell on your

53:29Rod Palmer Well, I checked that earlier. That's what I thought. So miss Hollenot changed her username or is showing up as anonymous switch. Couldn't be a Fed sign.

53:43Richard Greaser It could be. Very well could be a Fed sign. I need to check on a different device. Actually, it doesn't matter. We'll just read it. So anonymous for 20,000 sats says, I'm not looking forward to a wrapped feature. I I don't think you have a choice. Like, you're just gonna have to learn how to deal with the wrapped feature. It's it's one of those harsh realities

54:07Richard Greaser that a lot of people need to find a way to come to peace with, that the world is changing. It's changing incredibly quickly. Might not be changing in the ways that they find ideal, but it change doesn't mean things are necessarily bad.

54:25Rod Palmer I don't know if you've got any thoughts on that, Rod. I don't think it's productive to look at it as good or bad. I think it's best to just accept it for what it is and

54:37Richard Greaser adapt. Yeah. You just have to accept the game theory. You have to realize that this is all part of Satoshi's plans. You it I used to I used to stay up at night

54:50Richard Greaser thinking about the security of the Bitcoin network until I got on the Bitcoin Twitter, and I saw all the work that Dennis is doing. There we have so many juggernauts on our side pushing for a bright orange feature. There there might be some

55:09Richard Greaser questions about David Bailey's tactics, but it doesn't mean that we're losing or anything bad is necessarily happening. I feel like the wrapped the wrapped feature we're careening towards is actually

55:22Rod Palmer incredibly bullish. Yeah. I mean, I you could you you could spend your time complaining about what you wish was, but isn't, or you can stay humble and stack more apt sats. Well, thank you for the boost, anonymous. Next one is from Dave.

55:40Rod Palmer Forty hours per week. Dave from New Zealand. 2,100 sats. What Ross Did podcast will be the number one Bitcoin podcast of 2025. Hashtag forty hours per week headphones. That comes in from Nostra. Yeah. That was my prediction, essentially. I think that,

56:02Rod Palmer you you can you condensed it down to what it's gonna be What Ross Did, number one, 2025, and

56:09Richard Greaser I'll be listening. Totally. I think the What Ross Did podcast would be

56:15Rod Palmer very interesting podcast. Yeah. Yeah, I mean, it's gonna be big, but I think people wanna know what Ross is gonna do. I think he can I think the well, what Ross did would be a great, biography so he can tell his story

56:30Richard Greaser instead of what the the media says his story was? I'm trying to it doesn't matter. I keep on trying to do things that don't matter. Getting distracted over here. Thank you, Dave. Point 100 zaps. I didn't know Dave was from New Zealand. So that means Dave talks funny.

56:47Rod Palmer Oh, yeah. It wouldn't be funny to hear Heneman Shinobi already on Twitter spaces.

56:53Richard Greaser Yeah. Our last, alright, but not last boost. Our next boost is from our good friend in regular booster, BTC onboard

57:04Richard Greaser for 300¢, and it's just a bunch of, lightning emojis. So what one of the things that's in BTC on board's bio

57:15Richard Greaser or or Noster name is hashtag l enhance or hashtag CTV. The men pool cleared this week, and you you astutely pointed out that that CTV shells have been incredibly quiet. Yep. They've they've really been

57:32Rod Palmer using yellow journalism, scare tactics, intimidation, and just very aggressive, spaces appearances to, and it, you know, making, Reuben sandwich there,

57:45Rod Palmer kind of their gangs and we'll push in this covenants and these soft force and these enhancements to Bitcoin saying that we need to so people we can scale to the Global South being able to get off Tether on Tron but unfortunately there's just not the

58:04Rod Palmer block space demand to make these necessary because people have decided to use layer two's like wrapped Bitcoin and the ETF and MicroStrategy and these have been shields for plebs to be able to transact on chain

58:23Rod Palmer sovereignly at a low cost, be able to consolidate their UTXOs. I don't know if it can last but for now, they're, you know,

58:34Rod Palmer they're it's kinda like climate change alarmism. They think that, you know, in five years, the climate's gonna flood everything or the the mempool is gonna be flooded and it's you're just not gonna be able to afford to transact on chain, but the mempool clear where you it cleared we were above a 100 k. So it's very it's it's yeah.

58:56Richard Greaser Well, if you listen closely to Luke Junior, he made a con the mempool

59:04Rod Palmer denier. He doesn't believe the mempool exists. Yeah. He I don't know if if he means that literally or figuratively, but maybe, you know, is it cleared mempool? Does it exist? Maybe that's a philosophical question.

59:17Richard Greaser Mhmm. Yeah. You gotta met metaphorically instead of literally. Though knowing Luke, Luke is autistic,

59:28Richard Greaser so he doesn't tend to speak in metaphors. He tends to everything he says tends to be taken literally. Right? That's true.

59:38Rod Palmer We'll have to follow that and see what he means. I mean, a lot of people were calling retarded for that.

59:44Richard Greaser It'd be interesting to interview Luke. Luke, we'd like to have you on behind the podcast at some point and and hear you explain

59:53Rod Palmer your thoughts on the mempool to us. Yeah. The last, you have a BTC onboarding. Thank you for posting. I wanna know what your opinion is on covenants now that the mempool is clear. Do we still need them? Are you gonna take them out of your your handle? Let us know. The last of the news is from Delwin E, 200 sats. His message is LOL a lot. Thank you, Delwin. Thank you very much. I don't

1:00:20Rod Palmer personally think that the topics of conversation last week, I thought they were very serious. I wouldn't think they were very funny but, you know, everybody's got a different time preference for humor, so thanks for listening.

1:00:34Richard Greaser Mhmm. Well, before we wrap up the show, I just wanna say, I think alright. I wanna give a shout out to an individual that's been making a lot of moves, an individual that's been talking about doing their own Bitcoin podcast, an individual that's engaging in the the value for value music ecosystem,

1:00:56Richard Greaser and is really acting as a disruptor trying to bootstrap a music label. And that is Philip d

1:01:07Rod Palmer McCombs. Cleveland. Shout out to Cleveland. Yep.

1:01:12Richard Greaser Shout out to Cleveland. Shout out to the Cleveland Bitcoiners. Shout out to twenty twenty Innovations. Shout out to all the artists

1:01:22Richard Greaser that up is representing. Shout out. If I wanna

1:01:28Rod Palmer if I wanna add to my predictions for 2025 and I wanna say it's contingent on the hustle. It's contingent on the grind. It's contingent

1:01:39Rod Palmer on the proof of work. But I think if Philip grinds hard enough to build his Bitcoin music label, that by '20 the end of twenty twenty five,

1:01:50Richard Greaser Aubrey Strobel will follow him back on Twitter. I'm kind of amazed she hasn't already. I don't know why she's, hanging out with that Jacob Penny guy when she could be hanging out with Daniel Penny. Yeah. Yeah.

1:02:04Rod Palmer Daniel Penny. Yeah. I mean, it's hard it's it's hard to know if the female mind, but I think that with a little more proof of work, Philip will catch your eye. Mhmm.

1:02:17Richard Greaser One last thing I wanna say before ending the show that I'm excited about. We're working with Maggie Morris on a new segment of the show. We have asked her to answer questions,

1:02:31Richard Greaser dating advice quest if you are in Orange Shell, if you need if you need dating advice from a credentialed woman, let her know. Either put put your questions in the booth or

1:02:49Rod Palmer message her or tag her on Twitter. Yeah. Eventually, we may come up with, like, a non KYC phone hotline for you to call in then record your message but for now, you know, you can DM her directly Crypto Epstein maybe an audio message just write to her or put it in the boosts Do whatever you want to do. We'll make sure it gets to her. And if it makes the the episode, the segment, she will answer the questions that you have to women about how as a Bitcoin or as an orange pilled individual, meaning orange cell,

1:03:24Rod Palmer how you can solve your problems with getting a girlfriend.

1:03:28Richard Greaser Totally.

1:03:29Rod Palmer Looking forward to that one. But, yeah, you got you got any last things before we wrap up the this episode? No. No. I think that's I think we cover everything. I think we're excited for the bureaus, and we're excited for forty hours per week. You want a t shirt? Go get one. Support us. Support the culture.

1:03:45Richard Greaser But at very least, don't stop listening to forty hours per week. Well, thanks for tuning in, and we'll catch you next week on the b o weekly. Chain.

1:04:40Kailey Welch And that's just the

1:04:47Richard Greaser start.

1:04:48Kailey Welch Difficulty adjustments turn my world upside down, then breathe love and say you're

1:05:35Kailey Welch hours And that's just the start. Now I'm in the podcast studio two days a week. Far down the rabbit hole.

1:06:06Kailey Welch I don't see it ending.

1:06:29Richard Greaser Hours

1:06:36Kailey Welch And that's just the start.