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Transcript: Democracy Dies In Darkness With Party Bent | Bugle Weekly Episode 8

0:00Richard Greaser Warning. Listening to this podcast may cause individuals to think more clearly and question the motives of PodConf. This content is only reserved for mature audiences who believe that humans have agency and the power to make decisions for themselves. Listener discretion is advised. On this episode of the Bugle Weekly, Dick Greaser hosts veteran journalist and Bitcoin expert, Party Bent.

0:25Richard Greaser The two discuss the importance of combating misinformation, only receiving your information from vetted sources, as well as the importance of journalism school. Credentials matter in a world dominated by foreign intelligence agencies, trying to subvert democracy and spread hateful lies.

0:42Unknown You can make America great again by reading the bugle. Take back your mind by outsourcing the thinking to them instead of the spooks.

0:51Unknown What if I told you that the world you know is a lie? PodConference is a system. That system is our enemy. When you are inside, what do you see? You see businessmen, influencers, podcasters, journalists,

1:07Unknown and conference organizers, the very minds of the people you are trying to save. But until we do, those people are still a part of that system, and that makes them our enemy.

1:22Unknown You have to understand, most of these people are not ready to be unplugged, and many of them are so ennourished, so hopelessly dependent on the system that they will fight to protect it. That is why you bugle listener are the resistance. By engaging in the value for value ecosystem with us, you are helping defeat the PodConf industrial complex.

1:53Richard Greaser And now a word from our sponsors.

1:57Party Bent PodConf is changing the narrative around Bitcoin to promote number go up. This week, PodConf launched a page to showcase individuals who have submitted their proof of compliance and have been approved to earn compliance token. So far, there are only six individuals in the world who have been able to redeem compliance token, making Bitcoins noncompliance. Remember, compliance is defiance, and we must seek NGU at all costs.

2:35Unknown This week, the Bugle launched the complete clothing line in a partnership with OrangeLabel. With this collection, both parties hope to redefine the conversation around compliance as well as the conversation around defiance. The brand is a revolutionary new look on Bitcoin fashion

2:55Unknown and definitely not a rip off of other brands that also ripped off other brands. Make sure to comply by visiting the website orangelabel.co. Once again, that is orangelabel.co to get your hands on the exclusive complete clothing line.

3:15Unknown Please do not boost the show because it is good that the Bugle is outsourcing some of the ad rates to India.

3:26Richard Greaser Alright. We're recording. Welcome to the show, Party Ben. Nice to meet you. Dang. It's great to be here, sir. So can you tell a little bit or tell the audience a little bit about your, your journalistic credentials and and kind of your background of what brings you here today?

3:44Party Bent Yeah. I got my undergraduate degree in journalism at Duke University. Graduated in 2013. Spent a lot of my time while in Durham partying, though. Learned a lot from from the lacrosse team that that was there before I got there. I looked at what they did and took it to heart and decided I needed to party hard

4:07Party Bent while at Duke University and just so happened to get my degree in journalism. Didn't try that hard, but apparently, a journalist being being able to walk out of college with a degree in journalism opens up a lot of doors for you. You get a lot of access. I've been invited to quite a few parties

4:25Richard Greaser just because I had the credentials. So it's been fun. I sort of stumbled into this, Dick, and, not gonna complain. Yeah. I mean, I think this is good advice for for young people going to college is, like, when when I read your articles online, I I've never had the question of what is what was Party's GPA when he was in college at journalist school? Like, the the certificate, you know, essentially gives you the green light to perform this very important work of journalism. And

4:59Richard Greaser it's just those those those letters saying bachelor's degree in journalism after your name, which are are the important credentials, I think, which are it's really important for our audience to know. It's like there's this pandemic happening in the Bitcoin community where there's all these people creating podcasts, and they didn't go to journalist school. It's really a problem.

5:20Party Bent Yeah. It's really disrespectful to all of us that that went through the process of actually getting the degree too. I mean, the number one thing you learn while you're going to class I didn't go to many classes, but the ones that I do, I think they beat this into you. They repeat it at the beginning of every class. So I heard it at least five times. The classes that I did attend is, you are the new arbiters of truth. The journalists are.

5:46Party Bent It's a very important role that you need to uphold, which is you tell the public what the truth is and you alone. You need this degree, the certification to tell people the truth

6:00Party Bent and anybody who isn't doing that. They didn't say this explicitly in class, but it is implied that anybody that does not have this degree, that did not go through the hard work of going to class and being fed

6:13Party Bent information from some purple head teacher at the front of the class does not have the right nor the privilege to tell people what the truth is in in regards to anything going on in the world, whether it's economics, war, politics, health, culture.

6:29Richard Greaser The journalists are the arbiters. Yeah. I mean, I I think, like, what we have in the world of journalism today is it's kinda like the Bitcoin blockchain without spam filters, like we're seeing right now. So, like, all these all these non accredited individuals publishing stuff online on on

6:51Richard Greaser on publications like Ordinals Magazine, they did they are just spamming spamming the Internet. And, like, we we have a very important job to do here, which is to protect democracy. Like, the Washington Post, their their tagline is democracy dies in darkness. And, like, we're we're

7:12Richard Greaser essentially getting eclipsed by the non credentialed spammers. And I think the solution like, Nikki Haley was on to something when she talked about KYC and the Internet, which essentially is a spam filter being put on,

7:29Richard Greaser you know, the world of journalism in the same way that Luke Dash Junior is trying to do with Naught.

7:34Party Bent And I think that's really great. I think it's great too, and I I think Nicky walked so people like Michael Saylor could run. I think what he what he announced last week at the Bitcoin for Corporation conference in Vegas is going to be pivotal to seeing this end goal that Nikki had come to life. Like, the the DID protocol attaching your ID to the Bitcoin network is the first step

8:01Party Bent at be able being able to create, an authentication layer on the Internet so that us hardworking journalists that went to school, partied a little hard, studied a little less hard, got our degrees, and are now the arbiters of truth. With this structure, being able to put this information in an opera term, we'll be able to attach not only our names, our email addresses, our Social Security numbers,

8:25Party Bent our home addresses, but I think there's also gonna be a field for, your college major that you can put in there too. And if it is on Bitcoin, if it was verified in this opportune data, it is the truth. And so we finally have a way in which Bitcoin can help us KYC the Internet and make sure that journalists are the only ones

8:48Party Bent spreading the information that people need to get. Yeah. I mean, that's really exciting.

8:53Richard Greaser I I know that, like, a bunch of other people, like Impervious and Microsoft, have attempted to do digital ID verification via Bitcoin, and it, you know, gets announced oftentimes at a conference, and then you never hear about it again. So it would be good for

9:13Richard Greaser Taylor to finally come through and and do this where others have failed in the past. I mean, do you do you know how this will work and and what, like, how could somebody get signed up to use, what what's he calling it, orange protocol?

9:31Party Bent Yeah. Orange? I think just orange. It's a it's a drop protocol, just orange. I think he talked to one of the founders of Facebook who gave him that advice. Okay.

9:40Richard Greaser Yeah. Interesting. Do you do you know I I think you go into

9:45Party Bent the MicroStrategy portal, the orange portal. You put in your information. Maybe you maybe you take a picture of your your license, your passport, holding it up with a selfie. And then you for the degree part, you also have to hold up your degree. It's a party bent, undergraduate bachelor's degree in journalism.

10:07Party Bent And then, some AI software separates all the data, puts it into different fields, so they can fit into this op return. You know, you send a batch transactions with a bunch of information forms aggregated together. You put it in a transaction. It confirms on the blockchain. You officially have your ID attached to that

10:30Party Bent public address, and then you can then go authenticate that you are who you are and you have the credentials that you say you do, using Bitcoin as a way to to access

10:44Party Bent goods and services in the digital world. That's exciting.

10:47Richard Greaser I think, you know, the move to to non state identity systems is really important right now because we we've seen the state be incredibly non compliant recently. It's pretty apparent, you know, that they're they think that they can give us rules that they expect us to comply with, but they don't have to comply, as was seen by the samurai arrests where they were arrested for laundering money for the CIA, which should be illegal activity in a democracy.

11:18Richard Greaser So I think getting away from, you know, The US passport into, like, a private solution like, this is the free market that the Bitcoiners want. Right? Is is Michael Saylor KYC in Bitcoin on the protocol level? Like, that that's a it's a very, like, Rothbardian

11:38Richard Greaser type, you know, step forward, I would say.

11:41Party Bent Yeah. No. I'm just happy to see competition, you know, because I I think Worldcoin, what Sam Altman and the Worldcoin team are trying to do is incredible. And they've been out there by themselves scanning eyeballs, getting orbs into people's hands, air dropping

11:59Party Bent Worldcoin into people's wallets, which I think is an incredible incredibly virtuous attempt to get people onto this digital ID system. I I think it's very apparent that we need this. We need to KYC the Internet. We need to do it the right way, and I've always really respected what Worldcoin has done over the last few years. However,

12:20Party Bent like, it not being attached to the Bitcoin blockchain has really irked me a little bit. Like, if if money does going back to the Rothbardian sense, money does converge on one monetary good and that monetary good is running on a network that's gonna be the most secure network protected by cyber hornets. Like, you'd want the digital ID, apparatus

12:46Party Bent to be built on that that blockchain, and and I've always respected what Worldcoin did. But now that they have competition coming from Orange on Bitcoin, it it's just incredible to see it. It almost felt a little dirty liking what the Worldcoin guys were doing knowing that they were doing it on a shitcoin. Now it's on Bitcoin. I couldn't be more excited, and I I actually have a lot of hope for the future that that we're gonna be

13:11Party Bent able to get out there and make sure that you are who you say you are on the Internet, that you're tracked while you're operating on the Internet, and that we can get these disgusting individuals who think that they have the right to get out there and start podcast and start their own blogs and start their own newsletters and give people information that they are not credentialed to be giving out in the first place. So

13:38Party Bent this is a big step in the right direction to solve a pretty massive problem, which is the fact that people are getting information from, individuals who not should not be disseminating information in the first place. They do not have the degree.

13:53Richard Greaser They should not be able to do this, and thank God for Saylor. I think I think there's, like, you know, a handful of exceptions where it's it's okay for non credentialed people to be saying things on the Internet, but it it's pretty apparent that that lacking the KYC and credentials, creates a lot of really dangerous misinformation. And, like, one of the one of the perfect examples of this

14:21Richard Greaser are individuals like Stoney Bitzen, who continuously get banned off of Twitter for spreading misinformation, and they continue to come back. They're like cockroaches that never die, despite, you know, Twitter's, you know, involvement with the FBI and the CIA to to crack down on misinformation

14:43Richard Greaser and and negative just negativity in general, they're unable to to filter him. So, you know, it's apparent that, like, there needs to be more robustness to the system because you could you could have individuals that are actually dangerous to democracy,

15:01Richard Greaser unlike Stoney, who, you know, doesn't have a very big following. Like, I know Bitcoiners know who he is. But imagine, like, if Alex Jones had permission to get back online prior to when they recently let him let him on. Like, he could have shifted the twenty twenty election. So why like, imagine if he was posting under a NIM how much power he could have had in disinforming the public.

15:26Party Bent It's quite frightening. It's quite frightening. I mean, the FBI, the CIA, the NSA, the Department of Justice, FinCEN, all these really integral institutions for facilitating

15:42Party Bent a society that lives by the law and, like, is just and operates smoothly. Like, they need help. They need help. Yeah. I think they're a bit proud. They have some pride as institutions. They've been around for decades, centuries, or over a century, some of them. And, you know, sometimes it's hard for them to ask for help. The free market needed to provide them

16:08Party Bent with some help, and thank god we have Orange to to really push us forward because they were too proud to ask for help. And I think Sailor MicroStrategy saw the ability to help and announced it last week. And now

16:25Party Bent we can finally go and implement this into the Internet so that we can stop all these malcontents from from spinning up NIMs and speaking freely on the Internet. There's there's a lot of problems out there. I mean, we just had COVID.

16:41Party Bent We're in a lot of debt, and there's a lot of misinformation around whether that debt is good or bad for America. I mean, it's very clear that it's good. That is only money that we owe ourselves. MMT has proven to be right, and there are people trying to erode the sanctity of this truth via distance disinformation.

17:01Party Bent And we need to create incentive structures and technology that allows us to really sift the signal from the noise and make sure that we're elevating the signal of people

17:15Party Bent that are credentialed in getting the correct information out there from, the misinformation, which is typically laundered by, anonymous accounts on the Internet that many people know are bad. But like you mentioned, they're like cockroaches.

17:32Party Bent You you can you can stamp them out one day, but they'll reemerge another day with some other NIM. And I think a digital ID connected to the Bitcoin blockchain really solves this. It's a silver bullet. I I I think people are apprehensive to ever use the term silver bullet in terms of providing solutions for any problem, let alone this very serious problem, but I think we have a silver bullet here.

17:55Richard Greaser Yeah. You know, if you were to go back to, like, 2016, I think instead of saying Silver Bullet, you'd probably say Litecoin Bullet. But, like, since since, then, I think we've all realized that that shitcoin or how much of a shitcoin Litecoin is. So I think going back to Silver Bullet makes more sense just for general terminology.

18:18Party Bent Yeah. I think we go back to Silver Bullet, but I think we also have to pay respect to Charlie Lee. I mean, he made an incredible amount of money, and he was honest about it. If you're gonna I know people like the browbeat chickcoiners in the Bitcoin space, but if you if you follow Charlie Lee, he was at least an ethical shitcoiner where he told everybody when he was buying and selling Litecoin. Typically, it it would buy at the at the direct bottom, then he would send a tweet, say, I'm buying Bitcoin

18:47Party Bent or, excuse me, I'm buying more Litecoin. I started this, but I'm gonna buy more. By the way, I'm the CTO of Coinbase. We're gonna launch Litecoin. So I just bought some before we we officially launch it on the exchange and then the CTO of and then on the back end of the cycle after you have the incredible wave of of liquidity coming to the market right at the tippy top, using potentially, maybe add some information at Coinbase. Says, hey. I'm gonna dump all my Litecoin now.

19:15Party Bent Don't need it anymore. Become a billionaire. But, like, he bought low, sold high, but most importantly, he let everybody know. And that's what you want. That's what I learned

19:27Party Bent back in Durham while studying journalism is the people that are open and transparent about their financial affairs, especially if they

19:38Richard Greaser have perverse incentives. As long as they're transparent, it's okay. They can go get their billions and go on their way. Yeah. I mean, it it's pretty it's pretty apparent that Charlie was in the right. I mean, he hasn't received a Wells notice yet. So, I mean, he must have been doing things correctly and compliantly.

19:56Party Bent Yeah. I mean, Litecoin for all the shit it gets. I mean, it was pretty innovative. Bitcoin has 21,000,000 coins. It's got ten minute block times. It's got a it had at the time when Litecoin launched a one megabyte

20:13Party Bent block space limit. And you just you do some math there. 21,000,000, multiply that by four. Okay. You get 84,000,000 coins, and then block block speed is or block production pace is ten minutes on average. Let's cut that down to 25% of that. Let's make it two and a half minutes or two minutes even. Let's cut it by 80%. Let's go to two minutes. And then we're gonna have bigger blocks too. And we just solved all the Bitcoin. It was pretty innovative. You take these things. You

20:43Party Bent you turn the lever here, you you push a lever there, and you you get a really good product that a lot competes on the market and really forces Bitcoin to to to produce. You know? So, like, he

20:60Party Bent like, kind like, when he got a lot of shit, but I think what he did was very creative. He just multiplied by four, divide by four in another place, multiply by four in another place, and boom. Silver to Bitcoin is gold.

21:14Richard Greaser Yeah. And and I think, like, looking for it forward at protecting innovators and innovation in general, there there's a real need to cut down on the

21:27Richard Greaser the misinformation. Like, one of the one of the most dangerous things, like, there's there's people actively talking about bank runs and covering the news, which, you know, essentially is, inciting a bank run, in my opinion. Because if you talk about it, that that's incitement

21:46Richard Greaser of the banks, which is a threat to democracy. Because if everybody goes and pulls their money out of JPMorgan and they're insolvent and FDIC gets involved, how how are groups like

22:01Richard Greaser Mossad and the CIA, going to launder their money? Where where are individuals like, Jeffrey Epstein gonna get banking services from in that in that situation? You know, people that are a part of of national security, you know, that are these transactions that are being

22:23Richard Greaser brought through JPMorgan secretly to ensure that we're safe and we can rest very peacefully at night. Yeah. It's

22:34Party Bent it's an existential threat. It's an existential problem. People should again, it's why we need the credentialed people, being the only individuals allowed to share information with the public. This is very dangerous. It wouldn't, like, everybody knows the banks don't have the money. You can't be marketing

22:53Party Bent that publicly. It it it creates a panic, like you said. And the people you mentioned, whether it's Mossad, Jeffrey Epstein, rest in peace, these people have things to do. They have money to move, and they need to do it via the traditional system because they've created relationships

23:12Party Bent that, give them proximity to power, people can control the levers, and they can do it, they can do it with their discretion. A lot of arbitrary discretion is involved when you when you have that proximity. They can they can look the other way and say, alright. Wire sent. Party at, Saint James Island

23:33Party Bent or little little Saint James Island can be funded. We sent we sent the wire. Like, these people need the ability to do that. And if we have disgusting individuals spreading rumors of bank runs on the Internet, it just really

23:49Party Bent undermines the the facilitation of money that needs to be moved so that these people can get what they need to get done done. And as we've learned, as we know, they're doing very important work. CIA, how do you think they're gonna get

24:06Party Bent money to ISIS in Syria back in back in 2012, whenever it was? How do you think we were gonna fund the Taliban originally back when back when we were funding them to fight Russia? How do you think how do you think we're gonna

24:23Party Bent help the the Clinton Foundation fund all these, homeless homeless children centers in Haiti. Like, they need the banking system. If people are out there screaming that there's run on banks and other people are going to the bank to pull their money out, that's not gonna be possible anymore. And

24:45Party Bent we we need all that stuff to work so that we can live in a civilized society.

24:49Richard Greaser Yeah. I mean, I I think that, like, for average people to understand the mechanics of what's going on here is really important. So, like, what these what these intelligence agencies do is they use their big data surveillance forms to mine Monero because it's ASIC resistant. And that's how they pay Hamas and ISIS, to to propel national security forward because that's the only reason why they would be dealing with those guys is it's for national security to keep you safe.

25:21Richard Greaser And then, you know, some of that money, you know, that goes over to Ukraine, in in a little bit more secure and private ways, you know, using various cryptocurrencies, including Bitcoin, you know, it needs to come back in the form of dollars. And, like, Tether is a good way

25:38Richard Greaser to launder in and out of those currencies, you know, to keep it private because you don't want other intelligence agencies to know what you're doing. Like, the CIA uses Monero to pay ISIS to go commit terrorist activities in Russia, but they don't want Putin to know. Like, that's why they use Monero. But, like, this money, you know, has to flow backwards some way, and that's where the banking system comes in is, you know, you need to be able to exchange the clean tether.

26:10Richard Greaser I mean, the the sophistication like, the like, cryptocurrency, Bitcoin, and the banking system should be friends. And, like, threatening the banks, you know, it it means that if JPMorgan goes under, like, probably, like, a half of Swan's user base

26:29Richard Greaser is gonna be unable to fulfill their their weekly 25 stacks. If JPMorgan can't, like, pay people and,

26:40Richard Greaser you know, support the businesses that are doing payroll, like, what's that going to do to Bitcoin price? Like, NGU is one of the most important things, and we need the banks for NGU because they're pumping the price by supporting these people, you know, doing their weekly stacks on strike and and Swan. That was just absolutely absurd to me.

27:05Unknown In case you've been living under a rock for the last three weeks, you know that we are in the midst of the biggest compliance strike the world has ever witnessed. We are withholding our compliance from the government until they capitulate to our demands for compliance equality between citizens and the state. And we are winning, Bitcoiners, but it's still early. The feds are still attacking our fundamental right to comply.

27:31Unknown We have just under three weeks left in this compliance strike, and it's not gonna be easy, but it will be worth it because we are the few, the proud, the civil noncompliant.

27:48Party Bent Yeah. And the the humble plebs stacking on Swan, I mean, they walked again. Right? I'm amused this analogy twice because it's very applicable to both cases. Nikki Haley walked so that Michael Sailor could run, and the Swan Plebstackers walked so that the institutions could run. And trying to incite bank runs just as the institutions are getting here is insane.

28:12Party Bent We've been talking about number go up for six, seven years now, at least. I mean, explicitly number go up, implicitly, since Hal predicted that Bitcoin would go to $10,000,000. And you're not gonna get Bitcoin at $10,000,000 without the institutions that are just had the the floodgates open so that they could run-in with all their liquidity. Like, to think that you would wanna incite a bank run and prevent these institutions from accessing the bank accounts

28:38Party Bent that are gonna allow them to wire money to BlackRock so that BlackRock can then wire money to Coinbase to buy Bitcoin to pump the price up. Like, it's insane. Like, I don't know why any Bitcoiner would even mention the word bank and run

28:57Party Bent the words bank and run-in the same sentence. It's insane and completely counterproductive to the end goal here, which is to make sure that we all get as rich as possible. And the only way that's gonna happen is if number goes up. We need those institutions to come in and run, not on the banks. Not on the banks. We need them to run the price of Bitcoin up. Okay? We we need the money going in the opposite direction from individuals, hardworking individuals, go to work forty, sixty hours a week, maybe eighty hours a week if you actually wanna

29:27Party Bent live a good life these days. Like, we need them working, taking their money, running it into the banking system so that the banks can take and then run it into Bitcoin, and we can get number go up and reach Valhalla. That's what we're all here for. It's just $10,000,000 Bitcoin, ID connected to the chain,

29:47Party Bent only able to send between trusted third parties who are the arbiters of truth of who is saying what they're allowed to say and who is saying things that are really, destabilizing society at whole. Like, we need those people to be censored by these third parties,

30:05Party Bent and we need all this money to run-in, not out. So I completely agree. I think we need to get bank runs out of the vernacular of any Bitcoiner

30:15Richard Greaser that that really cares about the end goal here. I mean, I I came to Bitcoin for the technology initially, and, you know, I was very interested in, like, how to earn cigarette money on the Internet using my journalist skills. But, like, I ended up staying

30:33Richard Greaser for the NGU because the tech wasn't interesting enough, for me. And it's just like, that's that's what keeps people here is the NGU because, like, people will hear about Bitcoin when the price goes up, and they'll they'll be interested in the technology. They're like, wow. There's this this, you know, digital currency which you can send to anybody, anywhere in the world, and you can mine it, and you can do all these cool things. But, you know, once the once the bear market comes and and the TV stops talking about Bitcoin,

31:06Richard Greaser you know, people forget about it because the tech is just not exciting enough. Like, the the number has to perpetually go up to keep people in. That's, like, the the staying power of Bitcoin is it keeps on going up. Yeah. Tech is boring.

31:21Party Bent It's boring. It is everything's harder. Like, I had to I had to set up this private public key pair. I had to get an XPub and take all these different addresses and then send it to people. If I wanna do it privately, maybe I do it out of band. I gotta figure out all this can be the banking system, Venmo, PayPal,

31:41Party Bent Cash App, they all solved it. Why are we trying to resolve this problem? Why are we making it harder to send and receive money? The tech is not only boring, it's arguably

31:54Party Bent considerably worse than than what we already have. We've we've made a lot of progress as a society transitioning into the digital age over the last fifty years. Why would we backtrack to this dumb Bitcoin protocol? At least in a non custodial way. Like, we yes. We can leverage the scarce asset for number go up, but that can all be controlled

32:16Party Bent by licensed third party custodians that will hold on to your Bitcoin, secure it, and allow you to access it easy. You don't have to worry about private keys. You don't have to worry about public keys. You don't have to know anything about Segway, Taproot, any of that mumbo jumbo with the lightning network, kind of a weak name.

32:34Party Bent You don't have to worry about any of that. Like, it's very not only boring tech, but, inefficient, I think, is is a good way to put it.

32:45Richard Greaser Yeah. It's inefficient. It's bad for the climate. I mean, one topic I was really curious to get your mind on is this topic of intentional climate change. Have you have you heard about this?

32:57Party Bent No. So Sounds intriguing, though.

33:01Richard Greaser So one of the the ecological disasters being created by Bitcoin mining so I I know you you like, have you ever been around a Bitcoin miner or a Bitcoin mine before?

33:12Party Bent I've seen them. I've seen one like, when we were partying back at Duke, we we did have a kid in our dorm room who who had an s one running in the dorm. He was he was crazy, though. He was using Bitcoin in a peer to peer fashion to buy drugs on the Silk Road. I mean, they were they were fun at the parties. I mean, they were pretty good drugs. We we partied pretty hard, back in that day. Silk Road was still around, and

33:39Party Bent we were able to acquire some drugs. And then the party drugs on the Silk Road were were some of the best party drugs. But, yeah, this guy was stealing electricity from Duke University, be our dorm. He wasn't paying for it, and then he was sending Bitcoin directly from, his pool payout wallet to the Silk Road to get drugs. I mean, the drugs were good, but everything that led to those was,

34:02Party Bent very sketchy, in my opinion.

34:04Richard Greaser Yeah. So, you know, you probably noticed around that miner that it was really hot. It produced a lot of heat. And so there's this, like, there's this big issue that's happening globally where all these small individuals are using Bitcoin miners

34:24Richard Greaser to, you know, try and warm their houses. So they're they're they're engaging in intentional climate change. And at a massive scale, you know, with this decentralized network with all these different individuals trying to, you know, heat their homes, it's it's

34:43Richard Greaser in in ways that, you know, just don't make sense because, like, it it's obvious that an electric heater or gas heater does not commit or create the same amount of climate change as a Bitcoin miner does. The fact that they're intentionally trying to change the climate, it it's just creating ecological disasters everywhere.

35:03Party Bent Yeah. And we need people to think. Like, what do you think a house is? What do you think a home is? It is a microcosm of the atmosphere at large on this planet. So just play that forward. If this is happening in your house, if somebody's running a Bitcoin miner to intentionally change the climate in their house, just think about if Bitcoin ever succeeds massively, how many miners will be running? The house is a microcosm of the planet. If you let all these miners get produced and plugged in, they're literally just gonna be admitting heat

35:32Party Bent up into the atmosphere where the whole planet is going to be one large greenhouse that is so hot that it becomes unlivable. It's, it's pretty disgusting. They that these people can't even see, that them

35:49Party Bent intentionally changing the climate of where they live, cannot be applied to a bigger space, the world at large. It's, these people are idiots. They should have went to journalism school. You you this is one of the first things you learn is second, third order effect thinking, when you're a journalist because you have to think through all these scenarios. You have to think what question do I have to ask after,

36:13Party Bent after the first initial question. That's what these people running minors to intentionally change the climate of their home should be thinking. It's like, alright. Well, if I do this and I'm successful and other people see that I'm successful, what are they gonna do? What's the second one? Oh, they're gonna go do it at their other people would and they're gonna do it. And then in one day, the whole world is just a fucking desert because everybody plugged these miners and intentionally cleaned changed the climate of the whole planet. It's it's really simple stuff that I can't

36:43Party Bent it it boggles my mind that people

36:46Richard Greaser can't see this. Yeah. I mean, like, for like, the tagline one of the taglines of the bugle, that we try and impress on people is we do the thinking for you.

36:57Party Bent And Thank you.

36:59Richard Greaser Yeah. And and that's, you know, it's an important service to to provide to people because people are busy. You know, they have their families. They have their jobs. They have their things that they're they're working really hard on, and they don't really have the time to to verify. So they need to trust instead of verify it, and and the credentialed individuals, you know, can do that for them

37:24Party Bent if they only allow them to. And it's very obvious that everybody at the Bugle went through journalism school because that's the one thing they teach you, as you know, when you when you go to get your degree in journalism is if you write a particular way, it sounds like the truth. And so, like, you literally have to have good writing skills. You have to be able to articulate thoughts with an intonation that it is the truth. You have to be able to make people feel like what they're reading is the truth, and that's a skill

37:55Party Bent that can only be taught at journalism school. And so anybody, out there who didn't go through the the training that comes with journalism school to help people

38:08Party Bent feel like they're reading the truth is is obviously, spinning lies out there, which is a a very underappreciated and not well known fact about

38:23Party Bent the dissemination of information from these independent bloggers. I don't I don't even like to refer to them as as journalists. They're

38:32Richard Greaser lowly bloggers. That's a, yeah, that's a good classification. I mean, we just need we just need to belittle these people as much as possible and and really pop up our our own credentials just just so people can see the the contrast.

38:47Party Bent Yeah. You know, I think we have to go after Substack, Ghost, WordPress. These people, like, do they have the right to publish in the first place? I don't think so. I don't think they should, at the very least, to publish. And there are tools out there that are enabling these people to publish. Maybe x, you can argue it's a micro publishing platform. Right? I I think

39:09Party Bent whether it's making sure that people have digital IDs that confirm whether or not they were went through journalism school is is an important step. But I think we also need to think about these publishers as well, these these platforms that are platforming people to publish nonsense that they're not credentialed to publish in the first place.

39:30Party Bent Like, I think that would go a long way to solve this problem as well. We need gatekeepers like The Bugle, The New York Times, The Wall Street Journal. Like, these should be the only institutions allowed to publish information to the public. Yeah. I mean, if if we set the the Bitcoin standard for journalism,

39:49Richard Greaser other other publications will follow us. I think that's the really the important so, like, I plan to be one of the first people to use Michael Sailor's orange, to try and promote adoption

40:03Richard Greaser for it. Idea.

40:05Party Bent Idea. We need innovators like you being first adopters of orange, and then I think we need to we need to attack this from from both angles. Right? We need we need to onboard people on the Orange. And then on the back end, I think we need to team up with Dennis Porter to go lobby the government to create a licensing regime where if you don't have the Orange check and you're trying to publish content on the Internet, you don't have a license from the government,

40:33Party Bent you are subject to a fine at the very least, potentially jail time for for acting outside of your profession because you're not a professional journalist. We need to define

40:48Party Bent professions, get credentialed professionals within those professions, and then create a licensing regime to make sure that the licensed credentialed

40:58Richard Greaser professionals are the only ones working within their particular profession. Yes. Yeah. I mean, that that's a great point because we live in a democracy, and people have have the ability to change things. And so just, like, trying to trash the system because you're unhappy with something is not a proper way to go. Like, we have we have lobbyists to represent us. We have voting power, if we if we really feel the need to change the politician. But, yeah, I mean, Dennis Dennis, like, one of the hopes so, like, the bugle has been taking the stance of being noncompliant.

41:32Richard Greaser And, like, we we've seen throughout American history that noncompliance creates, you know, real lasting change, and makes things better. You know, one of one of the best examples of this is Martin Luther King Junior. He didn't comply, and and guess what? You know, people were able to ride the bus, in the front seat because he didn't comply.

41:54Richard Greaser And and we kinda have to have the same approach, but, like, you know, we're we're hitting it from multiple angles. So they need to know that we're upset with their noncompliance. Like, the goal is to get them to follow the rules that we're trying to follow. But part of, you know, doing that is just Dennis Porter explaining these technologies to these people. Because once they understand it, they're not gonna argue with us. They're gonna say, wow. We can use Bitcoin to KYC the entire Internet? Like, that's that's really revolutionary. Like, we're we're gonna totally

42:25Richard Greaser support NGU, and and hop onto this. And and that that actually might get, you know, individual like, imagine if Nancy Pelosi was insider trading Bitcoin instead of all these stocks. Like, that's that's the type of wealth that we need to capture. Type for Bitcoinization would have happened years ago.

42:48Party Bent They just need education. We need to get Porter into Pelosi's office. I think I think once they see this, it'll be obvious that it's time to really lean into Bitcoin and leverage its properties to bring about this this, this digital ID system that will make sure that the truth is getting out there, that we can track everybody

43:11Party Bent on the Internet, that we can make sure that we know who people are on the Internet. Because it's very important. You can't have people out there not putting their face in front of their words. Cowards. What do they have to hide? If they're out there faceless,

43:26Party Bent using pseudonyms, they're or probably hiding something nefarious. And so we need we need to nip that in the butt as soon as possible.

43:35Richard Greaser So I I wanted to ask you, Pardee, so, like, you were talking about getting rid of these publishing platforms like Substack. I think a really concerning one is Nostr. Oh. And there Go ahead. Well, there there's this there's this influencer, who's not Podkoff approved named Matt O'Dell.

43:58Richard Greaser And I wanted to get your thoughts on him. Like, I know he's not a he's really not a fan of Orange. He's a big fan of Noster. I'm pretty sure he didn't go to journalism school, but he has a pretty big platform, and he he's been talking bad on, Michael Saylor. And I just don't understand it. Curious what your thoughts are. Vitalist.

44:19Party Bent The most wanted noncredential journalists that we need to deplatform as soon as possible. I think he'd be number one. It's really dangerous. I mean, everything we've talked about tonight, whether it's the digital ID system in orange, bad mouthing that, telling people not to use x, which we think we can we can co opt and get licensed and get to adopt

44:40Party Bent the digital ID stopping bank runs. I mean, this this dude is out there telling people to read mandibles. Have you have you read that book? If you read that book I've read it a couple times now. And it Just even in even insinuating that people should read some fiction that could turn into

44:60Party Bent reality as set forth in in the book, The Mandibles, is a national security issue. You're worried about bank runs. In that book, they're talking about the degradation of the dollar overall. The dollar hyperinflating people going to buy treasury bonds, and the auction's defunct. People fighting in the streets. This this man is out there telling people to read this book like it's a good thing. Like, they should prepare for these things. He's it's it's predictive programming,

45:30Party Bent trying to bring about a terrible future, a a future filled with misery, struggle, pain, death. And he's out there spitting this advice into the wind on Noster,

45:44Party Bent which if it gets big enough, notes and other stuff transferred over relays, like, it could be something we can't stop. And I I think timing is key right now. We need to we need to kill this baby in the cradle that is Noster and do it quickly while we can. Because if I don't even wanna say its name, but the guy would be number one on my list of people to lock up. It wouldn't be good for us. Wouldn't be good for the future of humanity. We we'd have a world in which people could write,

46:16Party Bent publish information soon soon anonymously without any repercussions. They'd be able to receive Bitcoin directly to a non KYC, noncustodial Lightning wallet. They'd be able to coordinate CoinJoin transactions

46:32Party Bent out of band using the Nostra Protocol. And be able to create multisigs out of band using the Nostra protocol that aren't checked by the digital ID system that didn't run through the KYC process.

46:47Party Bent This is this is very dangerous, serious stuff this man is advocating for. Again, enemy number one is how I would describe him. Very dangerous. So it's it sounds like

46:59Richard Greaser you're you're suggesting that Matt is malicious here and that he's not he's not acting at her. I think that's I think that's,

47:10Party Bent that's the most generous care characterization of that. It's malicious. I think it's a I think I think it's way beyond malicious. Nihilistic.

47:20Richard Greaser Yeah. Maybe maybe maybe seditious.

47:23Party Bent Yes. Sadistic. He wants to see people suffer. Have you read the mandibles? You see how bad people suffer now? The fact that people that that man is trying to get people to read that book to bring about that future is absolutely disgusting.

47:38Richard Greaser I I think the only way that we have the Mandibles future is if people refuse to comply and NGU doesn't take care of the current issue. Because NGU is our way out of the government debt, in the long run. Even though the debt Stephanie Kelton says the debt isn't a problem, and she's a credentialed economist.

48:00Richard Greaser But I think there, you know, are some questions that it can only go on for so long, and Bitcoin could be that transition, for the federal government to fund itself. They already have large large holdings of it. And so the NGU, really, you know, it protects us all. It keeps us safe, and, we we need to fight against like, you know, one of the reasons why I think Matt might be acting out of ignorance and he could just be,

48:29Richard Greaser you know, getting his information from incorrect places. It's like, I know a lot of people are really concerned about, you know, the stuff that Michael Saylor is doing, saying that he's not pro freedom, you know, with this digital ID and and saying that Bitcoin shouldn't be used as money and and other things. But, like, what a lot of people don't understand is, like have you been following, the the Sailor Non story

48:54Richard Greaser that's going on right now?

48:57Party Bent The the s drops on Stackr news?

49:00Richard Greaser Yeah.

49:01Party Bent Yeah. I've heard I've heard some some stories, but I've read one. I've read the trust the plan post. I don't think people should be scared. No. Say Sailor's got her back here. You know, he he's really,

49:13Richard Greaser he's looking out for the plebs primarily. You know, he he has a plan. He wants us to trust the plan. He can't he can't say everything that he wants to in the open, but he's been leaving bread crumbs on Stacker News for people to follow. And I I would just encourage people like Matt to go to go listen to

49:34Richard Greaser or not just listen to our podcast, you know, where we would discuss this, but to also go to Stacker News and read all the s drops. And, I mean, could it not be any more obvious what he's doing? Like, the fact that he's calling, he's calling his

49:55Richard Greaser ID system orange, it's not orange because of Bitcoin. It's orange like Donald Trump. And Donald Trump is also doing the same thing where he's attacking the deep state and dropping these secret messages on platforms like four Chan.

50:10Party Bent Yeah. I mean, in Donald's case, the patriots are in control, and that's it's incredible. We need the patriots to control that to facilitate stuff in the political realm, but in the realm of Bitcoin, the realm of money, the cyber hornets are in control. The storm is coming. The s drops are being dripped on Stacker News, and if you're reading them, you should have the utmost confidence that

50:36Party Bent everything is under control. K. Everybody's gonna be compliant from the individual to the deep state. Cyber hoists are in control. Well, you know, Bitcoin was

50:49Richard Greaser divinely, you know, inspired, and and so we have to have faith here. And, individuals like Satoshi, you know, pass the torch on to individuals like Gavin and Dreesen, and then, you know, now Michael Sailor's taken the mantle, and and we just have to trust the process. Yeah. I mean, I I'm hearing rumors

51:07Party Bent through the grapevine that that Sailor has done such a good job of of putting forth a compliant Bitcoin that he that he might get Mike Hearn out of retirement. And this is great to see because Mike I think Mike was one of the first out there to say, hey. We need to be able to attribute individual addresses to individuals so that we can blacklist,

51:30Party Bent malcontents from using the Bitcoin network. I think with the launch the announcement of Orange last week, Mike Hearn, I've heard, sent a call to Saylor and said, hey. I'm picking up what you're putting down. You might get me out of retirement.

51:43Richard Greaser It was just very encouraging to see. I mean, Mike Mike has a has a huge a huge long list of credentials. Like, he worked at Google, and so he's smarter than a lot of these other developers who've never worked at Google. So, I mean, it just kinda sets for itself. Yeah. That kinda brings us to to time party. Do you have do you have any closing

52:06Party Bent closing statements you wanna impress on the audience? I mean, just beware of the information that you're you're consuming out there. There's a lot of people in positions of content production that should not be in those positions. They're not credentialed. They don't know what they're talking about. They did not go through the proper education and training

52:28Party Bent to be able to convey information to the public. And there's a lot of bad information out there, particularly as it pertains to Bitcoin. Like, we need this stuff to be compliant. We need the adults in the room

52:45Party Bent to have control of the system to make sure that no bad people are using Bitcoin. So we need compliance. We need more regulation. We need to bring a digital ID system onto Bitcoin so it's easier to track everybody. And

53:02Party Bent I think you should just be aware of that. Be aware of the bad information that's out there and the bad individuals spreading that information, and they're trying to manipulate you. And you should work your hardest to become unmanipitable. K? Similar to Bitcoin's

53:20Party Bent scarce supply, which is at the at the core of number go up. Okay? Try to be like Bitcoin. Number go up because Bitcoin is scarce. Create a scarce mindset that cannot be

53:35Party Bent manipulated by all these people purveying bad information, purveying. Yeah. That's that's all I got today, Dick. I mean, thank you for having me on. It's been a pleasure. I think what you guys are doing here at Bugle is extremely important. We need to get these messages out there, And Hot Conf certainly isn't gonna do it.

53:53Richard Greaser Excuse me.

53:54Party Bent We at Hot Conf, we're gonna do it. Excuse me. The, the malcontents out there messaging on Noster are not gonna do it. Excuse me. Well, really appreciate,

54:06Richard Greaser your your time and expertise here at party. Thanks for coming on the show.

54:11Party Bent Thanks, Nick. It was a pleasure.

54:13Richard Greaser Alright. Well, big thank you to PartyBet for coming on. But now I have to read the found boost, or I get the pleasure to read the found boost because, everybody boosting is is sending me money. And this is how we're gonna get six hot producers

54:33Richard Greaser on the show so I don't have to deal with tech technical difficulties anymore. John boosted the last episode we did for 69,000 sats. 69,420 sats, which is a very generous boot. That's almost a card in his cigarettes.

54:52Richard Greaser And he said, here have some of my Podkomp stats. I have so many. Selling out the Podkomp was one of the best financial decisions I've ever made. Thanks, Podkoff. Totally agree. Podkoff is a very lucrative sponsor of the show. We're taking their sponsorship money

55:13Richard Greaser to defeat them, and and we're wielding it against them. And I think they think that they can control us, but they can't. And as you probably heard in the ad earlier, they are giving out compliance tokens. So they're they're just total shitcoiners,

55:33Richard Greaser trying to pump these tokens, not not monetarily, but to make it a big status thing so that people feel it's valuable. So, yeah, I mean, I hope it works out for you, John. Thanks for the the donation.

55:47Richard Greaser Really appreciate it. The next boost for 50000¢. Wow. Thank you. Alright. KYC three says, I love noncompliance as the next mix, Misfit, but I'm going to have to sell out on this one and comply with the British government's proposal for a nationwide

56:07Richard Greaser ban on fags. Long term use of fags has medically proven to cause a host of severe health implications, including but not limited to throat cancer, bleeding from the genitalia,

56:20Richard Greaser mouth ulcers, and high risks of eye injury. Stay compliant, fuckers. Yeah. So, I mean, sounds like a bunch of misinformation to me. It's kinda confusing, though. So we we on the last episode we did with Don't Go Invisible Misfits,

56:39Richard Greaser Max taught me a little bit about how to properly use the, British English vernacular. And I deduced that the word fag more was not just for cigarettes, but for the use of describing British people in general. And so that's what I would have to say,

56:59Richard Greaser you know, to u k y c three, even though I appreciate the boost coming in here and saying a bunch of misinformation about big tobacco, it's just it it makes you a fag. So, yeah, cut that out. You know, learn to talk American, smoke Marlboro Reds. You're gonna be a lot happier.

57:20Richard Greaser Next boost was from We All Yeet who boosted us for 10021¢. Thank you. Really appreciate it. He says, this is so good. Max is such a fag. I'm fucking rolling. I agree. You know? Max is one of the fag one of the good fags over across, the ocean, across the pond, as they often say.

57:44Richard Greaser Big fan of that guy. He's very ungovernable and noncompliant. The next one, is fundamentals who boosted us for 10,000 sats. And, if you haven't listened to the fundamentals podcast, the Rock Paper Bitcoin podcast, that's another really good one. Even though he's an uncredentialed journalist, he has a lot of knowledge, and actually has degrees in other other topics. But, yeah, him and his host,

58:13Richard Greaser our cohost, Business Cat, they're on Fountain, as well, this value for value platform supporting noncompliance through Custodial Lightning. It's just you know, it's it's how we break down, you know, and the system. So go support those guys. But Fundamental says, word ungovernable

58:34Richard Greaser is so interesting. I wonder if I'm going to be allowed to try this. Yeah. I mean, that's that's one of the things is, you know, when you have an uncompliant government, they're not gonna be very happy with the idea of you not complying either. Like, there's just, like, this

58:51Richard Greaser this one-sided system where one person makes the rules and the other person follows the rules. So I don't know. It's gonna be questionable if you're gonna be allowed to do it. The next boost is from Linkin Park rules for 8,008 sats. And,

59:08Richard Greaser he says, who are these miserable cons? Where's Rod? Good question. So Rod is actually undercover, for the last two weeks. He's he's been on a very important assignment, but he will be back soon, and we've got some big things planned for the show going forward.

59:28Richard Greaser So look out for that. The the guys on the show were the Ungovernable Misfits. They, you know, are just experts on, noncompliance. So I thought it'd be, you know, a really good topic to go over. Chad f, Bruceos, for a thousand and 8¢. It says, if you get a smoking hot producer, make sure to start the video to boost engagement.

59:52Richard Greaser Yeah. That's a that's a good idea. I agree. I mean, we've seen a lot of other, companies use video very successfully like Ordinals magazine and, Swan with the dollar sign are very, very big on the video content with their smoking hot producers.

1:00:11Richard Greaser So should definitely, you know, work off of where their success has been. And and, you know, once again, you know, we're using the tactics of Podkoff to defeat Podkoff. So great suggestion. Ghost of Shadrach says, I'm so confused, and I responded earlier saying I was also confused.

1:00:32Richard Greaser You confused me on that one. But thanks for the boost. Goes to Shadrach 6,667 SaaS. SaaS to BTC boosted 5,000 SaaS, so I'm ready to fight. That's great. We're ready to fight too. Right there with you. Rev HODL boost for 2,121 sets and says, the signal is so strong. I'm crying.

1:00:55Richard Greaser I'm chopping onions while I listen to cookie dinner. Yeah. I mean, the signal is very strong on this podcast. And the reason why is not necessarily because we're that talented even though, you know, Rod and I and and now party and, you know, the guests are are experts in in their fields. It's because the bar has been set so low by the folks in the Fiat media system.

1:01:21Richard Greaser And this is why I left it was because it's just too much to handle. How how low the bar was set. Next boost is we all eat for 2121¢. Again, thanks. Says, whoop whoop, I will comply.

1:01:40Richard Greaser Well, you know, compliant, you can't comply your way out of this one. You know, we thought we thought we could, and then, you know, the government just made it very clear that they weren't playing by the same rules we were. And we need to get this democracy back on track and restore the republic. So, yeah, good luck with complying, dude. For four twenty sets says disputes

1:02:06Richard Greaser in support of sax appeal. Yeah. You know, sax I mean, maybe after we get a smoking hot producer, we'll get a live band and, somebody to, play saxophone, in between, like, our sponsors. And, you know, if the conversation gets real boring,

1:02:27Richard Greaser just an interjection of, like, a saxophone riff riff to kind of wake everybody up, that'd be a great idea. Anyways, guys, thank you for, tuning into the show, and, look forward to talking to you next week. These booths will be used,

1:02:45Richard Greaser responsibly. So thank you for parting with your generational wealth.

1:02:52Richard Greaser Thank you for listening to this week's episode of the Bugle Weekly podcast. Pardee Bent is a world class journalist who makes New York Times editors mouth water. On this week's episode, him and Dick discussed the importance of controlling information channels in order to stop misinformation. While the bugle remains fully non compliant with the government, there should still be standards for journalists. Uncredentialed podcasters and bloggers,

1:03:18Richard Greaser except for the ungovernable misfits guys, have no place in the public discussion of news, politics, and Bitcoin. To write news, you must first do the proof of work of going to journalism school. While democracy dies in darkness, misinformation poses a grave risk of eclipsing the real news.

1:03:36Richard Greaser Once again, thanks for tuning in. We will see you next week.