0:03Richard Greaser I've been smoking cigarettes since my very first rodeo. Cigarettes made me into the proud Bitcoin only cowboy I am today. The only downside of smoking cigarettes every day is entropy of your taste buds.

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0:43Rod Palmer That's hot.

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1:12Richard Greaser Welcome back to the Bugle Weekly. We hope you had a lovely Christmas with the family and that it was truly a magical experience. Now that Christmas season is officially over, it means that we are entering into tax season, which is why you are here. You listen to Bitcoin podcasts in order to gain the knowledge needed, in order to make the right financial decisions so you have the ability to afford to pay your taxes.

1:38Richard Greaser Satoshi Nakamoto created Bitcoin in order to have a roundabout way for individuals to finally to be able to afford their taxes. This created an entire movement consisting of countless podcasts, conferences, and influencers promoting tax affording technology.

1:58Richard Greaser In this movement, there is one podcast that stands out from the rest. You are listening to it now. So sit back, light a cigarette, and get ready for an hour of the most thermodynamically sound, pure signal you can find. You are listening to the Bugle Weekly.

2:19Rod Palmer Man, Christmas from the Bugle. The number one Bitcoin bull market podcast. Wow. We had a great Christmas, and I was I don't know about you, but I was at home with my family reflecting on the year, being thankful, spend the holidays wealthy and realizing that, Bitcoin's had an incredible year.

2:40Rod Palmer People who've been stacking staff, stacking the ETF, have really, really, really had a year to be thankful for, and I think it's it's just gonna be like the, the year of the taxpayer. So many more taxpayers, thanks to Bitcoin. People are gonna be paying their taxes for the first time. They're, they're thankful that, they're becoming tax paying citizens. I don't, I just think that that's pretty cool. How was your Christmas, Richard?

3:06Richard Greaser Oh, it was wonderful. Had a beautiful time with the family, smoking cigarettes, smoking Bitcoin or listening to Bitcoin podcast. My wife taught me some typewriter

3:20Richard Greaser cleaning, utensils or tools, and those are pretty nifty. So I've just been hanging out, cleaning the typewriter, did a Christmas special, which I've gotten some nice feedback on. And, it was just a lovely,

3:38Richard Greaser lovely day, as usual. How how was yours?

3:42Rod Palmer It was great. Yeah. To this day, my mom still smipes cigarettes in the house. So it's great to go home for Christmas, just be able to sit and watch your favorite Christmas movies, and you don't even have to step outside to snipe a cigarette

4:01Rod Palmer You could just be together as a family uninterrupted and smoke a cigarette and that's my favorite part about going home for Christmas and one of the movies that we watched, was Go ahead.

4:15Richard Greaser I can't believe that people smoke outside. It's too cold in the winter to smoke outside.

4:21Rod Palmer Finally, yeah. My family lives in up state Maine. It's it's frigid up there. And you know, my mom is a is a very thin, very she's an elderly woman. She would she could potentially die if she had to smack cigarettes outside. So, it's just a matter of survival,

4:43Rod Palmer if you live in the global north.

4:45Richard Greaser Yeah. I mean, these people with their smoking restrictions can legitimately cause physical harm to people by expecting them to smoke outside. Absolutely insane. And there's there's nothing worse

5:00Richard Greaser than a landlord that puts you can't smoke inside on the rent or that's an expectation or like a family member.

5:11Unknown How how

5:13Rod Palmer could you how could you treat your mother that way to put her outside to smoke a cigarette? It's not loving, it's not accepted. Well,

5:25Richard Greaser these hospitals are some of the worst offenders, right? Because who's in hospitals? It's largely old people that really don't do well with, the elements.

5:42Rod Palmer And it's Yeah, if it's that is probably my biggest gripe with the fiat healthcare system. If they actually cared about patient care and and and people getting better,

5:57Rod Palmer they would they would never send them out side to smoke cigarettes just because they are in the hospital for treatment. I mean, you would never see that in a healthy system. It's just an it's incredible. Yeah. I mean, you said outside they're gonna get pneumonia from being outside in the wintertime

6:19Rod Palmer when they would be fine if you just let them smoke in their hospital.

6:26Richard Greaser Yeah. Our society just, it can be cruel at times.

6:33Rod Palmer It really can. I don't know. I think that Bitcoin will fix this. Bitcoin will fix this. You will, people will sometimes ask, how do I know that Bitcoin has already won? Or how will I know when hyper Bitcoinization, what does that mean? Once you can smoke cigarettes in the hospital again, you will know that hyper Bitcoinization is here. The incentives will finally be fixed and it will not The savagery will no lie or take place in the public square.

7:02Richard Greaser Okay. I guess that is largely what this Christmas was about for my family, was celebrating the reality that that Bitcoin already won. But, yeah, I I wanna hear about your time with your family. Sorry to to cut you off there.

7:20Rod Palmer No. Yeah. We We watch all the best Christmas movies, like Elf, Christmas Story. And, we were watching my favorite,

7:31Rod Palmer Home Alone and Home Alone two. And I always enjoyed and I always really felt, some sort of connection with that movie. So I've rewatched it many times, but I never understood the connection and why it felt that way. I never really understood the plot of the movie. And then I realized it is

7:52Rod Palmer a story about being the only Bitcoiner in a family full of shitcoiners. And like everybody, the shitcoiners think that they've got it all figured out and that they've crossed off all of the, you know, the marks that they have to

8:10Rod Palmer not get rug pulled and to, you know, never have any trade offs. Why? Only Only Kevin. He's the only Bitcoiner. He's the only one that has to show them how to run the house, how to, his opinions, his outlook, his political opinions, everything, his financial advice is the best in the family. That is what it's like to be a Bitcoiner in a family full of shitcoiners. And that is what a lot of people, I think, it resonates with them when they're at home with their families this year.

8:44Richard Greaser I mean, that's such a good example. I mean, if you look at the family in Home Alone, what's more Fiat than going to France for Christmas? I can't think of anything more Fiat than being in Paris for Christmas. You You know what I mean? As an American. Exactly.

9:03Rod Palmer Exactly. Yeah. And not only that, they go to France, they fly first class. They, you know, it is it's they have a huge like this guy, somebody did apparently

9:19Rod Palmer didn't tell the dad that real estate's a shit coin because he has a pretty expensive house, right? Like he didn't under he's just all of his decisions make it make me realize this person is not stacking sets at the optimal level.

9:32Richard Greaser Their DCA could be much higher. Yeah. If they were stacking SATs, they would've flown the kids in first class too.

9:41Rod Palmer Exactly. And they would've been smoking on the point.

9:43Richard Greaser Yeah.

9:47Rod Palmer Yeah. It's watching and how would you describe Harry and Marv, the guys that are trying to break in? It's basically Kevin is putting on a master

10:02Rod Palmer display of OPSEC, of security, of personal privacy and security and also, yeah, he covers all of it, right? Like he, He makes, it's just a masterful

10:17Rod Palmer display. So would you say that Harry and Marv are the state or hackers? How would you describe them? What do they represent?

10:28Richard Greaser I think they represent a few different entities. So they represent scammers that are trying to fish for your Bitcoin. The ones that are sending you emails about trying to get you to upload your seed phrase

10:44Richard Greaser into a Internet browser. Then they're so, you know, like, scammers wherever they're at doing Russia or,

10:54Rod Palmer Yeah. Including scammer influencers who remember, like, you know, Harry is trying to tell the feds, he's trying to tell everybody that they are the wet bandits, he's trying to like, he's trying to have it, you know, leave his impact and be like a top influencer in the cat burglary thing.

11:16Rod Palmer That is what scammers do. That's how they try. They try to impact the narrative.

11:21Richard Greaser Yeah. Yeah. I mean, it's like Lazarus group, North Koreans, Like, they're always bragging about how big their Bitcoin stack is. Then they're they kinda represent groups like Mossad, I think. So like, you know, there there's a lot of fears right now that they've infiltrated the supply chains

11:42Richard Greaser and are making hardware wallets explode essentially. Hopefully taking out the seed phrase because they're assuming people stored on paper

11:55Richard Greaser next to their hardware wallets and, yeah, and and only the other people that are trying to come after your Bitcoin, essentially.

12:08Rod Palmer Yeah, and it also represents, I would say the, I lost my train of thought on the original one, but the second one is that every you could have every trade off, every risk vector,

12:28Rod Palmer every weakness in your security setup, you know, and you could think you had it all you thought of it all. Every window has Christmas ornaments underneath it. Every handle, you know, is either, you know, it's got the heap thing, so they'll burn their hand and they touch it or it's, you know, it's covered in ice, it'll slip before they can get in. You have every single entrance covered, but if sometimes the state and the, area or, or your adversaries, they could still compromise your stack. And that sometimes the only, the only thing that can save you is the cops showing up at the end.

13:02Unknown Only? No.

13:06Rod Palmer Sometimes you need, then you pay your taxes. Sometimes you need to use the law enforcement to stop your hackers.

13:15Richard Greaser It's an example of how the strategic Bitcoin reserve fixes this essentially because if it's offered the strategic Bitcoin reserve, the government would be bankrupt, which means the cops wouldn't come save your Bitcoin stack.

13:32Rod Palmer Right. And part of the solution there is that if Bitcoin can fix the fiat system, the way it will fix it is by strengthening the dollar in such a way that they can continue to print money. But it will it's it's like MMT. They're using MMT,

13:56Rod Palmer modern monetary theory. They can't use Congress to raise your taxes because people like Donald Trump are protecting you and making sure that the government can't raise your taxes, that you can always afford your taxes. That's why, you know, Donald Trump got elected. That's what Republicans do. But the central bankers are following modern monetary theory. If they can back the dollar, the government backs the dollar with Bitcoin, they could put as much money as they want and create so much inflation

14:25Rod Palmer as long as we can pay our taxes and your taxes keep getting raised as you, you know, do the backdoor of inflation, then the system can continue because Bitcoin would fix that that thermodynamic heat loss of printing money without being able to pay back your taxes.

14:48Richard Greaser What what comes after modern monetary theory? Because at a certain point, it's no longer modern. You know what I mean?

14:58Rod Palmer Yeah. So like progressive or postmodern monetary theory, is that what you're thinking?

15:05Richard Greaser Contemporary monetary theory. Yeah. I don't know why what it will be named. Maybe we could be the ones to name it. I mean, particularly podcasters are the leading researchers and discusors

15:22Richard Greaser of what's happening today economically, more so than anybody else out there. We're gonna be the ones victorious writing history. So we might as well choose the name for whatever comes after modern monetary theory. I think Bitcoin dollar monetary theory.

15:46Unknown I Yeah.

15:49Rod Palmer That's a good point. Wow. The Bitcoin dollar monetary theory, but my suggestion before you said it that way, was going to be a modern monetary theory was invented and is made popular by a hot MIT economist named Stephanie Kelton. And I don't know if she goes to MIT, but she taught. And

16:14Rod Palmer what better figurehead for the postmodern monetary theory, the theory that talks about how to use hard money than Lin Alden. But maybe Mark Goodwin should be the face and Winnie Webb should be the face, not Lin Alden.

16:32Richard Greaser Yeah. That'd be pretty interesting.

16:37Rod Palmer People, I mean, they would people would be really more likely to pay attention in economics class, in high school, in college, if they were learning from the mind of Lynn Alden?

16:50Richard Greaser Why do you think Stephanie Kelton's hot? Can you explain that to me? I just don't see it.

16:57Rod Palmer Because she's thin and blonde. That's the only requirements I have. Tall, thin and blonde I don't know That's why that's why miss was a catfish She had everything except for the thin She's tall and blonde

17:20Richard Greaser Yeah. I don't know. I guess I have different standards. I don't I don't see it. I I can't really see a woman as hot unless she's on Bitcoin podcast talking about Bitcoin regularly. And she did go on what Bitcoin did that one time so I guess that lends some credibility

17:40Richard Greaser to her being hot a little bit, I guess.

17:45Rod Palmer Exactly. Exactly. I mean, I guess, I don't know. I don't know what the acronym BINBO stands for, but that's what they talk about in the fiat world. If, if a girl is just hot and she doesn't understand macro or anything or both the Bitcoin podcast, but there is a version of that that,

18:07Rod Palmer I think Stephanie Kelton still kind of, is a loophole. Yeah.

18:16Richard Greaser Agree to disagree. That's the truth. Well, I mean, I I I just don't I don't feel strongly about it. I'm not gonna go out there and, like, call her trans. You know what I mean? Because I don't think she's a con.

18:32Rod Palmer Oh, that's true. That's it doesn't necessarily it's not like you're gonna, like, sling vicious attacks, but, you know, it's just like some people for the Blockstream JVs and people for the, Bitbox, some people for the cold card. Everybody just has their own, their own preferences and what they have to tell. Yeah.

18:51Richard Greaser Well, on the topic of hunt, I posted a poll and the results were interesting on Twitter. I asked, would you date a Bitcoiner? And so the majority

19:07Richard Greaser sorry, a Bitcoin podcaster. Would you date a Bitcoin podcaster? Majority of females doubled the The yes is double the no's. Interesting. For the males,

19:23Richard Greaser it was, 40% yes, 29% no. So the there was there was a there was a resounding yes.

19:33Richard Greaser If that was a presidential selection, split was like that, they would call it a landslide. And so what that goes to show me is that just based on that alone, people think that being a Bitcoin podcaster

19:50Richard Greaser is hot and it increases your odds of finding a companion. You know what I mean?

19:58Rod Palmer Yeah, absolutely. I don't know, maybe people can relate, but if you're a Bitcoin podcaster, I'm sure you can. One of the things that, my girlfriend and I, we got into an argument about over Christmas, my, you know, it's her in laws essentially, was that,

20:19Rod Palmer that was I was bonding with my dad over listening to Bitcoin podcasts, which I assume a lot of people do with their fathers. I didn't think that was, there's ain't anything wrong with that, but she was, she told me that she just wishes that, she wishes that I was, that I showed as much interest in her as I do Bitcoin podcasts. So listening to, you know, I interviewed her the way I interview podcast, or the way I podcaster interviews. And

20:46Rod Palmer I think, you know, it's easy in the bull market to constantly be distracted and checking the price for NGU and and for tweets about corporations

20:57Richard Greaser and convert and MicroStrategy buying more Bitcoin, but Yeah. I don't really have that issue. My wife, she understands the important of big importance to Bitcoin potash because she knows the only way I could provide for our family and, you know, supply her and our son with cigarettes is

21:19Richard Greaser if I listen to Bitcoin podcast. And so I think that's like, you know, one of the things we all like, there's gotta be attention in every relationship over how important Bitcoin is because there's different people, different backgrounds, different world views, will place different valuations

21:38Richard Greaser on Bitcoin. You know, like your spouse might only listen to twenty four hours of Bitcoin podcast a week. Yeah. It'd be a part time

21:48Rod Palmer I think, you know, I think what this but what I told my girlfriend, and I think that, this is a relatable pearl. My girlfriend, she comes home from work, or she whenever she tells stories about her day, or about her life, or about, you know, something she thinks is funny,

22:07Rod Palmer they're just not very interesting. And what I told my wife is that or my girlfriend, excuse me, I hope she doesn't even say wife, is that if you want me to to pay attention to you as much, you know, and and and listen to you as intently as I listen to Bitcoin podcasts,

22:27Rod Palmer you have to learn to be to tell stories and and have, you know, interesting, you know, interesting thoughts that you would hear on a Bitcoin podcast. And so she's gonna work on she's gonna work on telling stories and being as interesting as Bitcoin podcasts.

22:44Richard Greaser Yeah. We're gonna need marriage counselors that are literate in Bitcoin and can explain to people that listen to forty hours of Bitcoin podcasts a week. So like, for example, you know, you have two people sitting in your office. They have some

23:01Richard Greaser tension in their relationship. They're just wanting to work on it before it turns into something bigger. And, you know, they just need it broke it down to them. They need to understand that relationships are like the blockchain. Right? And, like, sometimes do you have to

23:18Richard Greaser come to compromises on things? And, you know, like, for example, like, all of our tensions are like the blockchain. Or sorry, like a like a block. Like, they're they're limited in size.

23:34Richard Greaser And so you have to prioritize certain things into each block. And, like, you know, if your if your spouse, for example, is really not good at memes

23:47Richard Greaser and they want to spend a lot of time, showing you your bad memes. So it's it's the poor use of block space essentially.

23:58Rod Palmer Right. Exactly. Then she needs to you need to learn to consolidate your UTXOs. If you want to be able to affordably transact, adversarially,

24:10Rod Palmer peer to peer, on chain, even in high fee environments, it's a matter of efficiency. My girlfriend needs to be more efficient in the way she communicates, and she needs to consolidate her highlights of her day

24:25Rod Palmer and kind of just give me the signal and the value of what she's trying to tell me instead of just, you know, scatter UTXO scattered fucking points. She just needs to be more efficient in her communication. And a Bitcoin therapist would notice that right away. So one of the things people talk about constantly, especially in Hollywood, is

24:45Rod Palmer age gaps. The age gap, between, you know, like Bill Belichick, the former Super Bowl head coach in the NFL, He's like 70 years old and he's recently got engaged to a 22 year old, TikTok influencer. And that's, you know, an age gap that people talk about as being a potential problem, But there's also a gap that very few people talk about, which is

25:11Rod Palmer a time preference gap. If you listened to twenty thousand hours of Bitcoin podcasts, but your wife or your girlfriends only listened to forty hours or zero hours of Bitcoin podcasts, that time preference gap is going to cause potential problems in your relationships, and you have to keep that in mind. Sometimes it's exciting. You if you meet a girl who is excited to listen to the Bitcoin podcast that you you show her, and she's just will listen to anything you say, and you could orange peel her so easily,

25:45Rod Palmer but that's a red flag. Like, you want somebody who is more aligned with your time preference.

25:53Richard Greaser Totally. Yeah. I mean, time preference is a big one. And there's a lot of decisions that people need to understand or like hard forks or soft forks in the relationship. So, like, there's some things,

26:10Richard Greaser you know, like, people change over time. You know what I mean? Their interests change. Sometimes their values change. Like, say for example, so if, like, both parties in the relationship are non religious and they decide they wanna become religious or if they are staunch Bitcoin maximalist,

26:36Richard Greaser but then they decide they changed their mind and they wanna shit coin a little bit, as well. Or or, you know, they were staunch Bitcoin maximalist and they wanted to, you know, use Monero for something. Like, people need to understand, you know, there's a process of, like, where both parties have to communicate

26:59Richard Greaser about the decision and make it together. You know, if if you're gonna shit coin, like, it it can cause conflict, you know, if one person in the relationship is eating a bunch of seed oils and the other one isn't. And if one is turning their balance

27:17Rod Palmer problems, any other problems are staying in the title. That is yeah, that's a parolo. I had a plaid DM me and he asked, he said, my wife wants to open our Bitcoin only marriage to shitcoins. She thinks that by opening our Bitcoin only marriage and inviting shitcoins

27:37Rod Palmer or experimenting with trading shitcoins would allow us to acquire more Bitcoin in the in the short term. We could, you know, some things like Doge and these other shitcoins have a, you know, history of

27:52Rod Palmer of outperforming in the very short term Bitcoin. And she just thinks that we need to add that volatility and excitement to our portfolios and to our marriage, by, you know,

28:05Rod Palmer maybe just being secretive about it, but opening it up to shit points. And I let me tell you, that can only go wrong. Like, once you once you open that up and you go off the Bitcoin standard, your marriage, you're gambling with your marriage. Dude, shitcoining with your wife is gambling with your marriage. Just repeat that. Mars, if you're listening,

28:27Rod Palmer repeat that, repeat after me. If you're shit coining with your wife, you're gambling on your marriage.

28:37Richard Greaser Yeah, I mean, it could be argued as a pretty, high time preference activity to should coin together in a relationship.

28:46Rod Palmer Right. And, you know, but if you trust each other, you know, everybody made their own decisions, but,

28:54Richard Greaser every marriage, I think every marriage, they should upload the marriage certificate signed by the minister through the blockchain as in an inscription.

29:06Rod Palmer Some, I mean, some husbands, some Bitcoiner husbands, all of their wife's allowance in Bitcoin or her sats, in a two zero two wallet. So, like, if she wants to spend Bitcoin, he has to approve it with that second signature. I mean, am I to judge that? I don't know. It works for them.

29:31Richard Greaser I mean, think about this. So instead of exchanging rings, you could put your valves on the Bitcoin blockchain. And so instead of, like say your wife goes out to the bar and some guy's hitting on her, instead of flashing out the ring, she could pull up the, the rare sap

29:51Richard Greaser and show the guy. Be like, hey. You know, this this marriage

29:57Rod Palmer that Right. Right. I'm watching. Yeah. That's a that's a good point. Like, if like a diamond ring, not all of them are created equal. So if, you know, if you're a woman and your orange pill, your Bitcoiner

30:13Rod Palmer boyfriend proposes to you using by inscribing the date onto the blockchain, you know, or or or putting your vows on the blockchain. If

30:26Rod Palmer he uses a rare sat from two avenues ago, that that is, that's gonna be a like a big old blast and diamond versus, you know, like cubic zirconia, which is just like a, you know, what's the opcode way of getting like a short message into the blockchain to four ordinals?

30:48Rod Palmer You know what I'm talking about?

30:52Richard Greaser No. I have no idea.

30:54Rod Palmer People do it all the time for like their, which block their kid was born? Using operator, an operator message, just a simple operator message.

31:10Richard Greaser Yeah, you could do that. I mean, that's too simple though. I feel like the reason why an inscription is valuable is because inscriptions are expensive just like the ring. Like, the ring shows commitment because somebody spends potentially

31:30Richard Greaser a third of their yearly income or or whatever.

31:34Rod Palmer But what if a woman says, I don't want my husband, my future husband, to spend all of our Sats that could fund our future and pay for us to go to Bitcoin conferences, like even across the world? I would rather him just

31:52Rod Palmer all I care about is that it's on the blockchain. I just want it to be a cheap op return message, and I want to save that Bitcoin. What do you say to those women?

32:01Richard Greaser I would probably check, tell the guy to check if they're trans because I'm pretty sure women don't think like that at all. Women have no problem with you spending your Bitcoin. The battle is preventing them from getting to spend all your Bitcoin.

32:18Rod Palmer That is true. That your wife exists as a temptation to spend Bitcoin.

32:23Richard Greaser Yeah. I mean like women want to feel very important. You know what I mean? And if you're a guy that listens to forty hours of Bitcoin podcasts a week, or you have hopefully have your own podcast, she's gonna understand how much you understand Bitcoin. And for you to be willing to spend a fair amount on her

32:45Richard Greaser to inscribe, you know, something. Like, it's it's gonna mean I I don't know. It it mean me probably means a lot to her. Question.

32:56Rod Palmer If if you if you propose to your wife and you pay, you know, 10 Bitcoin for that for that proposal Yeah.

33:09Rod Palmer If if she breaks out, if, you know, if the wedding doesn't happen, does she have to give back the private key to that rare set or does she get to keep it?

33:21Richard Greaser Well, I mean, I think the thing that's valuable about this is it's on the blockchain either way. You can't destroy it, right? So it's not really like the private key doesn't really matter. The the what matters is the permanence that like, you you you if your wife has trouble explaining this or your fiance, what you could tell her is that, you know, the entire world can't see your ring,

33:46Richard Greaser but the entire world can see the blockchain. You know what I mean? So it's her ability to show the entire world how valuable, you know, her husband.

33:58Rod Palmer What if you're can you imagine what if if you date this girl and she's just, like, such a manipulator instead, like, sometimes girls will be like, hey, I want you to get your name tattooed, for my name tattooed on your body. Say you love me, but instead she wants you to inscribe

34:21Rod Palmer on an expensive rear sat, like, you know, lover if you if you don't, it's like replaces the tattoo on the body. It's like a a permanent, unimmutable tribute of love. You can never take it back. No matter how much you want to, you can never take it back.

34:42Richard Greaser Totally.

34:46Rod Palmer So how many dude how many dude are gonna be out there fucking on the hook with like 10 different expensive ass inscriptions because he's constantly falling for chicks who want him to spend his Bitcoin on them?

34:59Richard Greaser Yeah. But I mean, like, that's the thing that I think is kinda hilarious is there's an accountability, piece to it is the entire world will see that this individual has 10 expensive

35:16Rod Palmer inscriptions like that with 10 different How How expensive of an inscription do you think it would take to nary Aubrey Strobel?

35:27Richard Greaser Wow. Well, that guy couldn't get her to go to waist slice's party with her, and those are typically pretty expensive. Right? They're like they're probably close to a million sets at this point, which is a pretty good chunk of cigarettes.

35:48Richard Greaser So it's gotta be pretty significant. Like, I I think Aubrey Aubrey has appears to have pretty high standards for herself. I I don't know her personally, but she she knows her value in the world as far as being a woman in in the Podcoff ecosystem and

36:07Richard Greaser having a Bitcoin podcast. I mean, that puts her as far as in the in in people's beliefs on attractiveness

36:19Richard Greaser kinda towards the top. I I would call her a Lynn Alden, but

36:23Rod Palmer a lot of Yeah. That was my question. It's like, do you think that somebody like Aubrey Strobel has any chance, or anybody, does anybody have a chance of having as many certificates or proposals of love inscribed forever on the blockchain as Lynn Alden? I don't think anybody would have more on chain inscriptions of of people

36:50Rod Palmer saying they wanted to marry them than Lynn Alden. Not even Aubrey Strobel.

36:56Richard Greaser Yeah. I mean, I I feel like comparing, yeah. I mean, it's just it's like comparing, Michael Jordan to Allen Iverson. You know what I mean? Like, Allen Iverson is great. I love Allen Iverson.

37:17Richard Greaser He he was one of the most fun basketball players to ever watch, but he wasn't Michael Jordan. But when all the scenarios like the Michael Jordan of hotness and Aubrey's kinda like a Allen Iverson, in my opinion, or like a Derrick Rose.

37:33Rod Palmer That's a good way of putting it. That, we kind of got off topic, but we're getting into, it's only been a couple days since Christmas. Most of us are still hanging out with our families, definitely listening to more Bitcoin podcasts than putting in hours at our job. But you know, what is Christmas? Yeah, we had a good Christmas. What is Christmas to you? What does Christmas represent to you as a Bitcoiner?

38:01Rod Palmer What kind of perspective does a Bitcoin next and must have on the meaning of Christmas, and how does that compare with, you know, the Fiat system or with with shitcoiners? Like what is the true meaning of Christmas?

38:14Richard Greaser Well, as a credentialed journalist from like my view of Christmas has evolved over time, right? So, like, when I was working for the the c I CIA ran media, Christmas was all about consumerism. Right? It was all about capitalism. It was all about

38:33Richard Greaser advertising. It was the time of the year that advertisers really wanted to give you money. And so you just kinda fed into that. You know what I mean? Like, it it it's the time for Podkoff essentially in our little ecosystem we find ourselves in. But that that has kinda changed, you know. I I mean, I don't know. I I would say Christmas is about Jesus.

38:59Richard Greaser Right? I know it's a very, like, controversial thing to say in our society where there's such a, you know, intense war on on Christmas. But I would say it's about Jesus. And I I would say it's largely about budgeting

39:18Richard Greaser too. It's about, you know, planning ahead. It's about having low time preference because just after Christmas, you have to pay your taxes.

39:30Rod Palmer Right. That's that is why we shouldn't be, you know, it shouldn't be a surprise. There shouldn't be a bearish indicator that the Bitcoin price is dropped below 100 ks over the holidays. It's not that it's not that Bitcoin, you know, it's not that Bitcoiners shouldn't like Christmas, but it's just

39:51Rod Palmer that people need to are paying their taxes. It's it should be expected. People are selling to afford taxes. And more people now than ever before are selling Bitcoin to pay their taxes?

40:05Richard Greaser Well, I think, what the really smart Bitcoiner does, right? Is they've been around a while, they've been through a few cycles, they kind of know how things work. So you can kind of arbitrage bitcoin's volatility

40:23Richard Greaser by moving in and out a dollar. So essentially in a bull market when bitcoin's trending up, you want to hold Bitcoins. You might be watching in, you know, throughout the years putting a little bit aside, every month in savings to buy Christmas gifts so that you can afford Christmas and taxes

40:45Unknown at the end of the year.

40:47Richard Greaser Right? And so those dollars that you put to work increase in value. That's where you can sell your Bitcoin at the end of the year to pay for Christmas gifts, and then to forward capital gains. But like in a bear market, you might wanna move those funds as Bitcoin's trending down in the USDT

41:08Richard Greaser before you buy Bitcoin. Yeah. It's not what a lot of people did is they they saw Bitcoin going up. They put money into it. And unfortunately, it just looks like the DCA errors are, not buying as much and they're they're selling currently

41:27Richard Greaser to afford those two things. And so I wonder if there's gonna be another Bitcoin price dip as we get into tax season as well.

41:37Rod Palmer Yeah. Yeah. That's I think that is, not perfect, or, like, a great way to time the market, especially if you're a trader or you're buying call options, is to and just remember that the price is gonna dip around April. Yeah. And going back to the spirit of, oh, what is the meaning of Christmas? And to me, it comes down to two things.

41:59Rod Palmer One is Christmas is a great way to celebrate how great capitalism is. Because you look around the world and you look at Christmas celebrations and you look at Christmas presents and you look at, Christmas parties,

42:17Rod Palmer capitalist countries have the best Christmases. Much better than communist, much better than these alternative socialist, hell holes. Right? Like, capitalism is where Christmas is at, and that that is what it's good to remember at Christmas is being thankful for capitalism. And second is one of the most important,

42:41Rod Palmer however, like you said, Christmas evolves in meaning, and Christmas evolves in how cultures celebrate it over time as well. But one thing we can never afford to lose is the story of Santa Claus. Santa Claus teaches you at a very young age that even when you think it's implausible that all of the authorities

43:02Rod Palmer and all the authority figures that you respect would be in collusion to pull off a cruel sigh up to, to control your behavior, you can just look back at the story of Santa Claus and realize that that is one of the most common psyops in the world. And if they're doing it to children

43:24Rod Palmer to get them to behave and to not get on the naughty list, they're definitely doing it to you.

43:32Richard Greaser Totally. What Bitcoiners would you say are on the naughty list? Do you have any short list?

43:42Rod Palmer Wow. I think every year, Udi and the ordinals are on the naughty list.

43:53Rod Palmer I think that if you had, you know, probably most people would agree that Shinobi is on the naughty list, Whitney Webb is certainly and, and Mark Goodwin are definitely on the naughty list. Who else do you got anymore?

44:22Richard Greaser I would say Nick Carter's on the naughty list.

44:24Rod Palmer Nick Carter, for sure. Again, he's been on the naughty list for the past few years. It's been reported that, exposed, I guess, that, Steve Barber intentionally gets on the naughty list for Santa every year because he,

44:43Rod Palmer you know, he likes getting coal in his stocking. So if you know Steve, you know why, you know, he lost dirty coal. He thinks that that's better than, nuclear energy. So what about,

44:56Richard Greaser I think there's this, like, whole type of individual that's interested in the Bitcoin that tries to move into kinda being a bad boy and, like, thinks that women will find it attractive if you're on the naughty list. You know what I mean? And that's kinda like Steve's brand

45:16Richard Greaser of, Bitcoin influencing essentially is, like, he's gonna be he's gonna be the guy that's, like, a little bit edgy. Like, he's against ESG, which is essentially bad for NGU.

45:33Richard Greaser Like, he's he's saying a bunch of things that contradict Dennis Porter, which is very dangerous. And I I kinda wonder if it's, like, you know, attempt to impress his wife or something. You know what I mean? Like like, kind of old guy that that rides the Harley to the bar and rides

45:57Rod Palmer I I never I never met Steve Barber. So this might be, totally inaccurate, but I just noticed that, people who people who are really lean into being anti environment instead of just being like ESG and climate change or science ops, it's like, I think they're good and using it as a science to say it's good, trying to spin the science up, right? And like leaning into, like, I hate the climate,

46:24Rod Palmer I don't think women should vote, you know, fuck the government, you know, all this stuff. It's they're usually short, like Svetzke. So I don't know if maybe like Steve Barber, he just feels like it. He's got short man syndrome, so he is a big guy that he he makes his personality about life and cold.

46:46Richard Greaser Well, what's funny about Steve Barber is he's probably like six four, six five. He's a tall guy. Okay. He's actually the exact opposite of that. But I could see, like, how his his Twitter personality could suggest that he has short man syndrome.

47:06Rod Palmer Interesting.

47:07Richard Greaser I would say Alex Fetzky is on the naughty list for sure.

47:11Rod Palmer Oh, yeah. Especially with some of the women in Bitcoin for sure.

47:15Richard Greaser Well, he's on their naughty list. That's that's for sure. He seemed like he was on JNRSA's naughty list when we interviewed her.

47:26Rod Palmer I think he's on, Ninja Granny's naughty list, but I think that Ninja Granny's naughty list is really just a list of all the boys she has crushes on in Bitcoin podcast land.

47:39Richard Greaser Yeah. I almost wonder that that's an interesting theory about her placing the people she has crushes on on the list. But I almost wonder sometimes yeah. It feels like some women are mad

47:53Richard Greaser at all Bitcoin male podcasters and and maybe even all men. But what's been really interesting is these women and I'm not talking about Ninja Granny because I think she oftentimes is rightfully

48:10Richard Greaser frustrated with certain people, or I can at least empathize with it. But the some of these women that are just vehemently anti men for whatever reason, they they seem to be in love with this Luigi guy. Have you noticed this?

48:27Rod Palmer Oh, yeah. Yeah. The, the new UnitedHealthcare, phone guy.

48:34Richard Greaser Yeah. Okay. I think a lot of people get into socialism in general because they're they're looking for an alternative to the system that we're in. Right? Like, there are individuals that feel marginalized. They haven't been able to afford to pay their taxes. So when you get frustrated,

48:54Richard Greaser take it out on, you know, billionaires and and people providing value to the economy, and if it gets edgy. Right? And and Right. Luigi is like the faith of the edginess of of the individual that's disenfranchised and can't afford to pay their taxes.

49:15Rod Palmer Yeah. It's, it's interesting here that they make their heroes. So, you know, it tells a lot about a person who they make their heroes in Bitcoin. And the other thing that, those type of people, those Ninja Granny's I mean, not Ninja Granny herself, but we were just talking about her

49:38Rod Palmer is in one of the most important things is trying to get more women into Bitcoin and people like them, they don't really try to help the cause as much as you think they should. You know, it's like sometimes we'll say women love to spend Bitcoin or, you know, women, you know, might not necessarily know how to use hardware wallets and their first response is,

49:60Rod Palmer Hey, hello, not all women? And it's like, it used to be a meme at hashtag, like not all men. It's like people, a woman would say men are, you know, doing too much raping in, in, in society and they're like, Hey, not all men. I'm a male feminist. It's like, it's kind of like the reverse in Bitcoin, Twitter. It's like, not all women. I have a multisit wallet that I know how to use and I run my own node. It's That's not helpful. I'm proud of you, but that's not helpful. What we need to do

50:31Rod Palmer is preaching and helping more women realize they can also use a hardware wallet. Totally.

50:38Richard Greaser Yeah, I mean, I like that meme, not all women. I think one thing people need to understand is that not all women that are smart and know a lot about Bitcoin,

50:55Richard Greaser not all of them are actually biologically male. And this is something that seems to be lost in translation when I'm looking at Bitcoin Twitter.

51:06Unknown I see a lot of the replies to the, you know,

51:10Richard Greaser the post that we do. And, not a woman are are biological males, at birth.

51:19Rod Palmer In Don't get me wrong. I love our friend Mars and he is, I mean, he works so hard on his video memes. Sometimes they just don't get the recognition they deserve,

51:32Rod Palmer but you know, he made a really good one that went viral yesterday. Did you ever see it? It's like, he's, it's Michael Salish saying, you know, women spend all their time on listening to Bitcoin podcasts and I, and being on Twitter spaces, they have a word for them, he calls them FEDS and that's

51:50Rod Palmer a dog whistle for implying that women who are into Bitcoin are biologically male, like people associate feds with men. It's just an Andrean thing. It's a funny meme and I think you should check it out, but it does perpetuate a problematic message.

52:10Richard Greaser Yeah. I mean, not all hot women are feds. I don't think Lynn Alden is a fed.

52:17Rod Palmer I don't either. Right. Right. Exactly.

52:19Richard Greaser That's a that's a pretty crazy conspiracy theory if you think Lynn Alden is a fed. Right. And they they assume that,

52:26Rod Palmer Cynthia Lummis, she must be a fed. Caitlin Law, she must be a fed. And it's just, it's on par with the antisemitism

52:36Rod Palmer that people throw at, like, who controls the banks? It's like, who are the feds? It's like, just because a woman's really into Bitcoin doesn't make her a fed.

52:45Richard Greaser Yeah. It's still like in line with the anti swanism as well.

52:51Rod Palmer Exactly. There was a lot of fed undertones in that one as well.

52:56Richard Greaser Yeah. I don't know why the feds, would go after Swan as hard as they did. That was all very strange to me.

53:04Rod Palmer Right. I mean, they covered with Tether. I thought that I thought they would I thought they would be okay. Yeah.

53:10Richard Greaser I would have figured they would have liked Swan in them using dollars to make Bitcoin stronger.

53:19Rod Palmer Right, right, exactly. That gets into our final topic. It's like the strategic Bitcoin reserve And the strategic, you know, Bitcoin reserve is, well, you know, we talked about this off air. We'd like to talk about Bitcoin fixes this, and sometimes we lose sight of Bitcoin's power

53:41Rod Palmer to fix things and we wouldn't have even considered that Bitcoin well, you know, we say that Bitcoin fixes the fiat system, but we couldn't have considered how

53:54Rod Palmer and it seems like the strategic Bitcoin reserve is our Manhattan project to finally fix the US dollar fiat system.

54:06Richard Greaser Totally. Yeah. I mean, I think this Christmas was, definitely about the strategic Bitcoin reserve.

54:17Rod Palmer Yes, ultimately it all boils down to that. I mean, the election itself, even though very few people had the vision to see it and call it out, People liked the Bitcoin bugle first and foremost, Dennis Porter, of course, Mark Goodwin,

54:36Rod Palmer even Audible Magoo. The Bitcoin bugle was the most out front other than Dennis Porter about this, and that's that's what politics, what everything's been all about, and it's finally here.

54:52Richard Greaser Yeah. I I think we're really gunning for, so Infowars is, tomorrow's fake news today. Right?

55:04Richard Greaser Right. We're we're like, tomorrow is real news today. You know what I mean? Like, this is just something, like, I I I think journalists that are Bitcoiners are way ahead of the curve. You know what I mean? So, like, you know, having been into Bitcoin for a while, we've been front running everyone. We've been front running the US government. We've been front running

55:29Richard Greaser BlackRock. We've been front running, Mark Cuban. And you you when you're front running the entire world, and there's also listening to forty hours of Bitcoin podcast a week, You're just kind of in the habit of front running. So you can front run everybody else when it comes to news. Like, I think a lot of these fiat type reporters is they're they just focus on

55:59Richard Greaser clicks. They just focus on the headline. And when you're operating in the value for value economy, you're not as much worried about that. Like, you don't you don't care about how many likes you get on, mister. You know what I mean? You care about how many zaps you get. There's a big difference

56:17Rod Palmer there. Right, right, right. People who are chasing likes and chasing retweets are going to be out competed by the people who are chasing zaps in business. That's why all Bitcoin podcasts will or excuse me, all podcasts

56:35Rod Palmer will slowly become Bitcoin podcasts because it's gonna it's it's more thermal by the content is more thermodynamically sound. It is the only a Bitcoin podcast is the only podcast

56:50Rod Palmer eventually that people will realize it's the only podcast that's worth their time And they'll demonstrate that by using the value for value economy for content.

57:04Unknown Totally.

57:10Richard Greaser Totally. On the strategic Bitcoin reserve? Because I know I am.

57:14Rod Palmer Absolutely. You know, back to the point you were making, it's saying that the strategic Bitcoin reserve, but we it's not just enough to be the first person to make the announcement and get all the engagement on Twitter. It's being able to make

57:32Rod Palmer accurate infra or is any profitable decisions with the information. Being able to see and front run the strategic Bitcoin reserve, just like being able to see and front run the ETF, it is, you know, the journalists who do that will have

57:53Rod Palmer the ability to pay their taxes and continue to focus on journalism instead of how, how, how am I gonna be able to pay my taxes? Do I have to learn to podcast now? Like, what am I gonna do? You will be able

58:06Richard Greaser to take the, you know It's a feedback loop where Yeah. You know, these individual these journalists not on the Bitcoin standard are just so focused on, like, their their impressions on Twitter, for example,

58:23Richard Greaser because

58:24Rod Palmer that determines You get the out payments there. Exactly. Yep. You have to KYC as long as you KYC and, and and pay pay a fee, pay your tax

58:36Rod Palmer your private taxes to Elon Musk, and you you you get your fiat payments. Probably gonna come out in USDT soon. But, if you get paid in Bitcoin you are getting a better you're getting better feedback about the value of your message.

58:57Richard Greaser Very well said.

59:02Rod Palmer Yeah, man. I am extremely bullish about the strategic Bitcoin reserve. There's two clamps here I think is where we're going to get into the debate I think the strategic Bitcoin reserve is inevitable it's going to fix I think people are going to be surprised at how quickly it fixes the dollar system I think that is going to be what Bitcoin's coming out moment really is is like, Holy shit,

59:28Rod Palmer it fixed this broken mess, like Humpty Dumpty all the King's men couldn't put it back together, but Bitcoin fixed Humpty Dumpty like that it's going to be a metaphorical Humpty Dumpty moment And and we're gonna get into the debate of is the strategic Bitcoin reserve a strong central wallet

59:48Rod Palmer or is it is the Bitcoin strategic reserve creating more security for The United States if it is distributed as many decentralized wallets and militias people

1:00:02Rod Palmer were willing to defend it as possible?

1:00:06Richard Greaser Yeah. Well, I think the Trump administration with, their new branch, the Dogecoin branch, is like, they they have a lot of foresight. Right?

1:00:21Richard Greaser They they foresee Bitcoin fixing everything. Therefore, you know, it's like one of the chief jobs

1:00:32Richard Greaser and roles of government is to create problems for themselves to fix. Right? Like, that's the that's the point of government. And so when Bitcoin fixes all the problems that they're trying to create and they just can't they can't out they can't create problems that exceeds Bitcoin's ability to fix all the problems.

1:00:57Richard Greaser They're just not gonna have a job anymore. It's not gonna make any sense to employ them.

1:01:02Rod Palmer Right. You think about it. The blueprint is right there for the government to use. MicroStrategy was no longer

1:01:13Rod Palmer able to continue solving problems, just like the United States government's going to be. So how do they continue to stay relevant and grow and create more shareholder value? They just adopt the Bitcoin standard and it fixed it fixed their stock

1:01:32Rod Palmer and now the government's gonna do the same thing with its treasuries, with its bonds, with its convertible notes.

1:01:41Richard Greaser That's very exciting. One of the things I wanna talk about, So like an important concept for people to understand is it's not enough for the US government to own Bitcoin. Like everybody needs to set up their own strategic Bitcoin reserve for their businesses, for their families. Yeah. I I think one of the aspects that's really missing in regards to game theory

1:02:07Richard Greaser that people, you know, people are way too focused on the nation state. They're not as focused on the corporation and the individual. And this is part of the problem with all the collectivist thinking that happens in our society. But, you know, all over the world, there there are people simultaneously dealing with the issue of struggling to pay their taxes.

1:02:33Richard Greaser And they're all realizing at the same time that Bitcoin is the vehicle to do that. And so the buy power that we're seeing, while it's exciting to see MicroStrategy, buy a bunch of Bitcoin, it's it's really exciting to see individuals everywhere

1:02:52Richard Greaser starting to have hope that they're gonna be able to afford to pay their taxes, sometimes for the first time in their entire lives.

1:02:59Rod Palmer Exactly. So a lot of different economists and Austrian economists have have made the point throughout, their history is that

1:03:11Rod Palmer people need to have a stake in the system, for the system to have the right incentives and what Bitcoin allows, the strategic Bitcoin reserve, like first thing you have to do when you're looking at the decentralized ones that you're talking about

1:03:29Rod Palmer is the individual level. You need a personal strategic Bitcoin reserve And once you have a strategic Bitcoin reserve and you can afford your taxes, then you start to build a strategic Bitcoin reserve for your wife, for your family. And once your family has a strategic Bitcoin reserve and they can afford their taxes, then you go and you started a strategic Bitcoin reserve for your schools and for your churches

1:03:54Rod Palmer and for your trade unions. And once they have Bitcoin strategic reserves and they can afford their taxes, then you go to like the county level and the city level and it's, but it all starts with the individual. Like, you don't have your own strategic Bitcoin reserve and you can't pay your taxes. You are being you are disconnected from the system, the community, from your

1:04:19Rod Palmer from your country, from your people, your region, and until you can reconnect and have that stake and be a tax paying citizen, you can't fix the rest of the world. Bitcoin can't fix the rest of the world until it fixes the individual.

1:04:37Unknown Totally.

1:04:38Richard Greaser I mean, one of the things people need to understand or or maybe maybe we should we should look at this is, you know, what's our role as stewards of this planet as individuals with agency?

1:04:54Richard Greaser You know? Is it to pay taxes at the end of the day? And I think that's what a lot of the discussion around the strategic Bitcoin reserve is. It's like there's a lot of people in Bitcoin that that don't believe

1:05:10Richard Greaser in paying taxes. Right? And and like I was describing the communist earlier, you know, they're in that point because they they feel disenfranchised by the system. They've struggled pay their taxes for a very long time. And

1:05:26Richard Greaser so let's just see the world. Yeah, yeah.

1:05:30Rod Palmer It makes me when I am thinking about hiring somebody to work for me, if I'm, you know, a capitalist or if I am a father, vetting the boy that his daughter,

1:05:45Rod Palmer is probably wants to marry or if I am evaluating the quality of my potential, spouse, I wanna see their UTXOs.

1:05:57Rod Palmer I wanna see how much they value this and how much how bought in they are to this system. You know, they have consolidated UTXOs, just an excellent wallet set up using the right pay scripts I mean, that's, I mean, that's the ideal but if they just have,

1:06:16Rod Palmer if they, you know, have no UTXO, they're just a scattered mess and at this organized scattered mess They just totally betray you. I mean, if you haven't, if you don't consolidate your UTX, those are your gravitas, you're gonna struggle to pay your taxes. That's just as simple as that.

1:06:32Richard Greaser Totally. This is a question I wish we had asked fundamentals. I don't think, we asked him for standards on, potential suitors for his daughters, which hardware wallet they use.

1:06:48Rod Palmer Yeah. Native cellular versus taproot at rest. Like, you know, these are important questions.

1:06:56Richard Greaser Yeah. They're important to think about, you know, and to plan ahead. I mean, like, hopefully, you know, what I would hope most parents, you know, feel for their kids is that they, you know, they they've had, you know, potentially eighteen or more years

1:07:17Richard Greaser to impress their values on them and and to teach them how to navigate life that they can feel a level of confidence that whoever they're bringing home with them for Christmas is the correct person and that their child will make the correct decisions.

1:07:34Rod Palmer Yeah, like if my daughter is gonna be married off to some guy, I wanna know in a time of crisis, in a high time preference emergency, can this guy afford priority block space to make a transaction

1:07:52Rod Palmer to protect my my baby girl? Mhmm.

1:07:60Richard Greaser Yeah. I think, this is just like a medium I see, you know, very often propagating, which is that you shouldn't trust your children. You know what I mean? And it's a very, you know, kinda interesting way to to

1:08:18Richard Greaser look at things because at one point in your life, you were a child. Right. And hopefully, you made it. It almost feels like not trusting your kids at a certain point when they're, you know, adults are unable to think for themselves. It's it's almost like not trusting yourself.

1:08:38Richard Greaser You know what I mean?

1:08:40Rod Palmer Right. If you don't trust your kids, it's probably because you did you feel guilty that you didn't raise them right.

1:08:47Unknown Yeah.

1:08:49Richard Greaser And, you know, which I think, like, you know, happens a lot because it's not like in our culture or our society, there's a lot of good examples of how to raise your kids. Like, almost the entire, CIA controlled media is against allowing your kids to smoke cigarettes. They want them inundated with public education,

1:09:14Richard Greaser learning about communism, you know, all these things that

1:09:20Rod Palmer are kinda Yeah. You want you everybody kinda hopes that, they could walk in and see their kids' Internet history and see that and and and know that their their son thinks when old in his home. You know what I mean? Like, but it's not everybody has that, insight. No. Sometimes you have to trust that you raise them correctly to value

1:09:43Rod Palmer a sound thermodynamic economic theory and to be attracted to that type of signal.

1:09:49Richard Greaser Oh. Yeah. I just think there's a there's a lot of messaging that could, seriously be improved on because I feel like it's very disempowering. As a kid to have that level of distrust. Like, you know, I remember, like, this is a story from Christmas that was very powerful for me. So, like, one of my most memorable Christmases was when I was six years old.

1:10:20Richard Greaser And when I was six, that that was the first time my dad gave me a pack of Marlboro Reds. And, you know, it was it was a life changing moment. It it that it was a rite of passage in our family. And this is something I I hear a lot of people talk about, you know, which is missing from, like, younger generations today is they don't have the types of rites of passages

1:10:49Richard Greaser that many, you know, other cultures in the past had. But in the Grieser family, you know, at some point when your parents feel like you're ready, you get your first pack of cigarettes, for your birthday or for Christmas or, you know, whatever point they decide. And, you know, the expectation with that first pack

1:11:11Richard Greaser is to smoke it all in one sitting. Right? And, like, you know, some parents have used this on their kids as, like, a punishment. Like, I remember seeing, an episode of, King of the Hill.

1:11:27Richard Greaser Not sure if you've ever watched that show but in On the sick. Yeah. Hank, makes Bobby smoke the whole pack in one sitting and they treat it as if it's like some sort of punishment which is, you know, very comical to me because, you know, in our family,

1:11:45Richard Greaser when you're when you're a greaser, you know, there's like something inherent about you where, you know, you know what I did after I smoked that pack? I asked my dad for another pack. And he looked at me with so much pride. And that's that's how you do it as a greaser. But

1:12:06Richard Greaser yeah. I I think that's missing from our society. Like, people don't get those types of experiences with their with their parents because, you know, instead, they're they're kinda treated like they need to be, like, controlled. And and there's this term of helicopter parenting

1:12:27Richard Greaser that I think is very common for a lot of people, and it's, like, that most parents freak out when their kids smoke cigarettes.

1:12:36Unknown You know what I mean?

1:12:38Rod Palmer Right. Right. But it's it's it's about trust and it also, Hockley, if you're not a parent or you don't have a good relationship with your parents, you can liken it to when you orange pill somebody. If you are, and you know, it's not always your fault, but if you have a lot of anxiety about the person you orange pilling becoming a shit coiner, it's probably because you feel guilty about not orange pilling them correctly and about not following, you know, doing

1:13:06Rod Palmer It's like being a parent is like orange peeling somebody in in many ways.

1:13:13Richard Greaser Oh, yeah. I mean, it's hard and I know it's like a very nuanced topic. And I I imagine there's like a lot of parents that, you know, because individuals are very different and they're unpredictable. Mhmm. Right?

1:13:29Richard Greaser Like there's parents that do everything right and their kids turn it into Dieter Bobs. Right? Right. There's parent parents that do everything wrong and they turn into, made exes.

1:13:43Rod Palmer Right.

1:13:44Richard Greaser Like, it's not like there's, like

1:13:46Rod Palmer For Dylan and Claire.

1:13:48Richard Greaser Yeah. For Dylan and Claire. They're working at Meta Planet. Right. One of the best performing stocks in the world.

1:13:55Rod Palmer In Japan, top performing spot stock in Japan, the second biggest economy. Or third biggest second biggest stock market, excuse me Yeah, wow, I was gonna say we should go into this, but based on what I'm trying to get on my fountain app And on the browser, it looks like a Sean roll with their relays and it's not loading the fountain base from last episode.

1:14:21Richard Greaser Let me try on my end. Yeah. They're not loading on my end either.

1:14:38Rod Palmer Well, it's one of the best problem, Nick.

1:14:42Richard Greaser Oh, wow. No stir doesn't work. What a surprise. It's like lightning.

1:14:50Rod Palmer If you yeah. If you integrate No stir into your, into your mobile app, just do so with the awareness that, it's gonna be it's gonna work about as much as Prime will does. So, if you can stomach that.

1:15:07Richard Greaser Well, you know, when you're a content creator of any sort, there's all these unpredictable challenges or externalities that you're gonna face. Like, when you're on YouTube and that's your primary income source is either sponsors

1:15:24Richard Greaser or whatever. There is the potential that or just, like sorry. Not whatever, but ad ad, revenue. You know, you're you're at the mercy of YouTube. Maybe the AI

1:15:43Richard Greaser decides to ban you for some reason.

1:15:45Rod Palmer Right.

1:15:46Richard Greaser Or or you're you're saying some HR improved language or ideas. When you're when you're doing things with products like Gnoster or Lightning and,

1:16:04Richard Greaser you know, whether you're using one of these platforms that that host it for you like Fountain or you're doing everything self sovereignly and self hosted. Instead of just, like, arbitrarily getting banned, like you do on Twitter, you run into technical difficulties. And so you have to plan ahead. And this is one of the reasons why as a content creator, you should always have a Bitcoin personal strategic reserve. It's because

1:16:33Richard Greaser there's gonna be days where you're running into technical difficulties, and the product's not working, and your income goes to zero. And you need to provide cigarettes to your family no matter what.

1:16:48Rod Palmer Exactly. Beautifully said.

1:16:51Richard Greaser Well, thank you for everybody who, Thanos found a boost. Looks like Shadrach and We All Eat,

1:17:05Richard Greaser Yeah. That's a bummer.

1:17:10Rod Palmer See if I could find it in the transit.

1:17:15Richard Greaser Yeah. I tried three different typewriters. Yeah. That's depressing. Well, you got any, thoughts to wrap up?

1:17:27Rod Palmer No, I think, I think enjoy the rest of your holiday season, your Christmas season, New Year, get the New Year's resolution. That's a, maybe we'll, we'll cover New Year's resolutions next week.

1:17:42Richard Greaser Oh, yeah. That's gonna be a fun episode. I look forward to that. Well, thank you for tuning in to this edition of the Beagle Weekly, and we will catch you on the next one. Well, Ron found a workaround to, read the found booths. So we're gonna be Yeah. Yeah. So,

1:18:01Rod Palmer you know, cipher pucks find a way. It is Saturday evening, probably really high traffic time for Bitcoiners to be scrolling and reading the comments on Fountain for Bitcoin podcasts. And, so probably somebody says something super based and the CIA is trying to censor the live feed of relays.

1:18:22Rod Palmer However, CipherFlex noted a check for segregated cash solutions. So we found some cached, base that we got for the podcast. So I'll read the first one. It's from Q1111Sats. Have a compliant Christmas. Out as a cartoon of non KY a cartoon of non KYC marbles waiting under the tree this year. Oh, there was. Oh, there was.

1:18:48Richard Greaser Not just a single carton. Are you kidding me? How about We're living on a Bitcoin standard. We're not we're not dealing in cartons. We're dealing in sick cartons.

1:18:57Rod Palmer That's for sure. Hell, yeah. Fill them up on the, in the shipping containers. Like, that's my goal, to have a shipping container of Marlboro Reds under my tree for Christmas some year. Yeah. I mean,

1:19:11Richard Greaser I Yeah. I haven't heard this discussed yet, but having a tobacco plantation as a citadel would be a pretty slick setup, say at least. Hell yeah.

1:19:24Rod Palmer Hell yeah. Next one is 500 sets from FugeLion4. And your cash, comment does not show any comments, just a boost. So thank you, huge lion,

1:19:39Rod Palmer for for that 500 sats. Merry Christmas. The, Midnight's one, you probably have a, a good nose to her name, but user one million two hundred and ninety three thousand one hundred and eighty two five thousand one hundred and fifty sats and a bunch of, lightning emojis. I wonder if that's pies. Sounds like pies. No.

1:20:01Rod Palmer If that's two pies, Merry Christmas, motherfucker. We gotta get you on here. You gotta do a a bugle interview. So, get in touch. The next one, of course, we're right, Shadrach, he boosted 9,547 stats.

1:20:19Rod Palmer Merry Christmas gift emoji, Christmas tree emoji, cigarette emoji, orange heart emoji, the next one's 2,500 stats from Gert, g e r r r r t

1:20:33Rod Palmer orange heart emoji. Merry Christmas, Gert. Next one is again 350 stats from user 401133 or 6771. Resistance is futile. Comply. Some people feel that way. Definitely not. Persis is not about compliance. It's about capitalism. If you look at everybody's

1:20:52Richard Greaser opinion on compliance, you should comply based on the merits of what you're asking to comply with, right?

1:20:59Rod Palmer Right.

1:21:00Richard Greaser If somebody's gonna ask me to KYC my cigarette transactions, never.

1:21:07Rod Palmer If you want me to comply, show me the incentives and I'll decide for myself.

1:21:14Richard Greaser Exactly. You need to understand the trade offs of compliance versus noncompliance. How about Or you just make a blanket statement that resistance is futile.

1:21:26Rod Palmer Well said. 500 sats from Sawzale. I'd forgotten the innocent joys of childhood Christmas time since I became a compliant taxpayer. Feeling so fortunate, I listen to enough Bitcoin podcasts, unable to pay my taxes with enough left over for one gift under the tree for each child. That, that is

1:21:48Rod Palmer what this is all about. That is thank you for sharing that inspiring, story. So I was saying, ten years, and you had enough left over to to boost this 500 sats. Fucking cheers to 2024.

1:22:01Richard Greaser Hopefully, they can, use our Christmas, gift trading strategy, bitcoin price arbitrage.

1:22:11Richard Greaser Because then they might be able to afford more than just one gift per kid next year. But maybe those gifts are they're like maybe you don't increase the quantity, but you increase the quality. Right.

1:22:24Rod Palmer Exactly. I mean, Bitcoin is deflationary, so you might have to adjust your value settings and how you value gifts because in a deflationary money, you might get less expensive Christmas gifts every year

1:22:42Rod Palmer in Bitcoin terms. And that doesn't mean that the gifts, if they are, the gifts, doesn't mean the gifts aren't improving, doesn't mean the gifts aren't valuable. Definitely.

1:22:54Richard Greaser Well, interesting when you do things too in in just like raw processing power. You know? So like Right. The efficiency on, the computational power of typewriters is constantly increasing. And so like the typewriter of the past doesn't compare to the typewriter

1:23:13Richard Greaser of the present. And it's like Yeah, it's like

1:23:17Rod Palmer Isn't that Is there a whole law for that, like Moore's law that the efficiency of typewriters doubles every so many months?

1:23:25Richard Greaser Well, I mean, it's one of the reasons why you need a deflationary currency in the world we find ourselves in where AI and

1:23:40Richard Greaser just general computing is is so prevalent is because the technology itself is deflationary. That makes sense?

1:23:49Rod Palmer Yeah. Exactly.

1:23:50Richard Greaser We kinda work together in making everything cheaper. That's kinda what technology is a little bit. Right? It's about making things less expensive and easier over time. Right. Like, I don't Yeah. Yeah. Like, think think about, like, the shift from

1:24:10Richard Greaser matches to Zippos and lighting your cigarettes. The efficiency gain that came with that because

1:24:19Richard Greaser you could you could be fiddling with your matches. It's a lot of time loss. You'll have a finite amount of time to smoke cigarettes. You're only on this earth for some reason. And so the invention of the Zippo actually allowed people to smoke more cigarettes and enjoy life more

1:24:39Richard Greaser and be more Consumption

1:24:42Rod Palmer of cigarettes, we need to get that correlated with human flourishing again, just like energy. Totally. No? Well, thank you for listening. Like we said, we hope you had a merry Christmas

1:24:56Rod Palmer and, a good holiday season with your families, and we hope that you are busy, orange peeling

1:25:04Richard Greaser family members and friends with this time away from work and the stress of having to earn money to pay taxes. Yeah. And I hope you're making fun of your family members that can't afford to pay taxes because they haven't bought Bitcoin because they should be made fun of.

1:25:19Rod Palmer When yeah. Once that skeptical uncle, once he can't afford his taxes, he will be crawling back to you for podcast recommendations. So enjoy making fun of him, but, get ready to get him the Bitcoin podcast listening advice when he comes back before the end of the next year. Have fun getting your wages garnished by the IRS. Alright.

1:25:47Rod Palmer You can hear the drums in the distance, calling you to dance like a puppet, to question your existence. Are you ready to die for men you don't believe? Walking through hell and fire

1:26:08Rod Palmer only to be deceived. The deaths of millions preplanned, Iraq, Syria, Libya, Somalia, Sudan.

1:26:24Rod Palmer Are you ready for the next one? They aren't about to stop. Nobody asked for the scale of death, but the bombs are being dropped. A manufactured crisis to start another war.

1:26:44Rod Palmer Finishing off, I ran for the encore. I tried to be good and do what I was told, But I never agreed to fund your damn wars.

1:27:03Rod Palmer Murdering millions in the name of lies. Printing trillions as old glory flies in the name of democracy.

1:27:20Rod Palmer They conquer foreign lands on the wings of eagles. The empire will expand. When you has rotted society's

1:27:53Rod Palmer brains. Distorted perceptions, trapped by chains. Didn't Al Qaeda bomb New York? Now they are good guys doing the Lord's work. How can we believe anything

1:28:11Rod Palmer we hear? Who are really the terrorists wielding fear? Loading the globe without getting I tried to be good and do what I was told, but I never agreed to fund your damn wars.

1:28:44Rod Palmer Murdering millions in the name of lies. Printing trillions as old glory flies

1:28:57Rod Palmer in the name of democracy. They conquer foreign lands on the wings of eagles. The empire will expand.