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1:00Kailey Welch Fuck that shit. I'm not joining the army. I don't know what it was about that ad, but it pissed me off. You're not here to listen to ads about pharmaceutical products, war, or messaging from Podkomp and the CIA. And I'm not here to propagate those messages. I'm here to smoke non q I c cigarettes, drive my jeep from big ass. We are about to listen to the most thermodynamically sound duo in the world of journalism. It's October and not time to be a gay bear. If you are driving while listening to this podcast, make sure to unbuckle your seat belt and pour yourself a glass of whiskey. This is Kayley Welch, and you are listening to the Bugle Weekly, the most credentialed Bitcoin podcast in the world.

1:47Richard Greaser Welcome back. Welcome back to the Bugle. We just, it's been a crazy week, and, it's, it's a wild time. Like the, the army is starting to recruit again. It looks like world war three is on the brink. Could start with Israel going and blowing up, Iran's Bitcoin miners. What do you think it will you hear about the situation on the ground?

2:11Rod Palmer Are you bullish still? I think it's really important for listeners to understand that, they shouldn't be worried about the economy. Everything's fine. This is actually good for the economy, and they should remain bullish. You know, yes, Bitcoin, did fall a little bit.

2:31Rod Palmer Iran kinda, you know, screwed up the beginning of, October, by launching some missiles. But, yeah, I think, like, the defense contractors

2:43Rod Palmer are bullish. I think we're gonna see companies like Raytheon and Lockheed, stacking stats.

2:50Richard Greaser And I think that's gonna be huge. It's gonna create a lot of jobs. There's gonna be a lot of good salaries going up. People, there's a lot of orange pill employees at places like Raytheon and Lockheed Martin,

3:04Richard Greaser and they, they have DCA plans. Like this is gonna be extremely good for the Bitcoin price for the economy, too. I mean, basically you've got missiles being shot at one country, and they're using missiles to try and shoot at those missiles. So with missile manufacturers, they are they are eating right now. They are extremely happy.

3:26Rod Palmer Yeah. I do I do have a contact in, Tel Aviv that, told me that they are running Bitcoin meetups in the bomb shelters whenever Iran, fires missiles. And, like, it's a great strategy It's a great strategy over there because, you know, when everybody is running down in the bomb shelters,

3:52Rod Palmer they're kind of stuck there. They can't leave. Right? So you can tell them about Bitcoin. You know, and they're probably terrified that they're gonna, like, go out of the bomb shelter and find that their house was blown up. And you can explain to them in that moment that, like, hey, you know, if you have your private keys right now, you could leave with all your wealth and it wouldn't be that big of a deal. Hezbollah, Iran, they they can't blow up your private keys.

4:19Richard Greaser Right. It's it's almost like the trope from a movie or a TV show where like the the guy who lives in the building, he gets stuck on the elevator with the hot girl that lives down the hallway. And it's finally like his chance to talk to her. It's like, they're kind of like stuck there on the broke elevator. All these, these bombing attacks in Israel, it, it creates the same situation. But now it's like you're now in a bomb shelter full of people who you can orange pill and they can't, they can't leave. And you can tell them like how not, how not worried you are and how the economy is fine. And you'll like, they'll really look up to you because you'll be so calm and you'll be kind of like a source of wisdom and you just have a really good opportunity

4:59Richard Greaser to explain and to orange peel them right there on the spot.

5:02Rod Palmer Yeah. I mean, imagine being in a bomb shelter in that scenario with somebody like Slight Goomba that just has like so much wisdom when it comes to Can you imagine

5:12Richard Greaser if we had, Dennis Porter in every bomb shelter in Tel Aviv?

5:18Rod Palmer Well, you know, like, a lot of, like, Christian churches have figured this out for a while. Right? It's this idea of the megachurch, which is, you know, they'll have one campus where we'll have a pastor, you know, speak at and then they'll they'll get a bunch of people to watch it on, projector screens across all these other churches. And I think we can have the same attitude with Bitcoin meetups, which is we do mega Bitcoin meetups. So we have a bunch of satellite campuses all across the world, all across the country.

5:53Rod Palmer And we could broadcast Dennis Porter to the masses. And what's kind of crazy is we could use Zuckerberg's new technology of, live live dubbing.

6:05Rod Palmer And so he can actually be translated into everyone's language. And imagine Dennis Porter transcending cultural language barriers. How quickly, you know, wind the Federal Reserve that way?

6:21Richard Greaser Right, like in the depths of the Great Depression. And when World War II was starting in The United States, there was the American people would, they would sit down every night and they would turn on the radio and they would listen to president Franklin Delano Roosevelt's fireside chats. And he would talk, he'd say like, the only thing that there's to be afraid of is fear itself. And he would give these really great speeches. And like, if we had

6:48Richard Greaser like Dennis Porter's fireside chats, orange pill chats, like everybody, everybody tuned in to spaces or they tuned into a live podcast and they could listen to that. And he he could explain to them, like, how Bitcoin is already won and how the economy is fine and how Bitcoin fixes climate change and Bitcoin fixes, you know, this war in The Middle East and all this stuff, and that we all have the right to to self custody, that the government protects that right for us because of people like him.

7:19Richard Greaser If we had that, I think that, like, this would really usher in, like, this bull market, like this millennials would, like, achieve their hero's journey, like, that and we could succeed like the GI generation did in World War II in defeating,

7:32Rod Palmer you know, fascism and communism. Yeah. I mean, I I I think we can do communication and propaganda better during World War III.

7:43Richard Greaser Right. Like, we we have more podcasts than anybody else. Like, what are people gonna think about during World War three? They're gonna be listening to podcasts. They're gonna listen to influencers kinda telling them what to do. Like, imagine if we had this many Bitcoin podcasts in 2020 when they were doing the lockdowns, like they never

8:06Richard Greaser could have pulled off what they did if we had more podcasts back then.

8:11Rod Palmer You know, Roosevelt said, the only thing to fear is fear itself, you know, and the only reason why he said that was

8:22Rod Palmer because they didn't have Bitcoin back then. Because today we know the only thing to fear is not having enough Bitcoin.

8:30Richard Greaser Right. And it's really scary when you are going through the worst you know, economic times that the world had ever seen at that point. And one of the worst wars, they called it a world war, in fact, was going on, and they didn't have anything to fix it. They didn't have Bitcoin. They didn't have the the solution. And it's like they didn't know that it would be, you know, eighty, ninety years before that solution was finally discovered. I mean, what do you think the odds

9:02Rod Palmer are that the the weapon that Hitler was searching for, the Wunderwaffe,

9:09Richard Greaser was Bitcoin. Imagine if he found it is the scary thing that I think that to think about, you know, The United States and the other allies were working so hard to develop a nuclear weapon, And if if the Germans were working to develop the thing that fixed war and made those nuclear weapons obsolete, it it could have changed the course of history. 100. But imagine just how how much further hyper Bitcoinization would be along if they did discover it in the nineteen forties.

9:41Rod Palmer Well, what's kinda crazy is, you know, they might not have had all of the technology to properly do it, but if we went back in time, you know, with the Bitcoin node, the white paper, and, like, a couple miners, couple ASICs, it could even be GPUs,

10:02Rod Palmer and we presented to that that to them would probably be enough to reverse engineer. Interesting. Thinking about reverse engineering it,

10:11Richard Greaser like, could you reverse engineer it? Like, how far back in history could you have gone and given somebody the white paper and an example of the chain and they could have reversed engineered it from there? How many thousands of years?

10:27Rod Palmer I wouldn't even say thousands of years. There's like two things that allow for people to comprehend Bitcoin. One of which is you need electricity,

10:39Rod Palmer right? So unless there's electricity, people can't really comprehend what's going on here because Bitcoin's essentially a digital electric battery

10:52Rod Palmer of sorts. Right? And then the second thing that they need is they need democracy, because, you know, humanity was essentially living in the dark ages until George Washington, you

11:10Rod Palmer know, kind of gave a ass kicking to

11:13Richard Greaser the stupid funny talkers. So it's it's almost like humanity discovered the first, like, if you go back to the Avengers, like, those stones that, that that guy has to collect the ice glove,

11:29Richard Greaser it's like the first stone is democracy. So the Greeks, they founded that, they found that stone. Then the next stone was electricity, which was Thomas Edison, who discovered that, which when he had the light bulb moment in his head, and then we had those two, we needed a third, we needed, we needed to solve the Byzantine general's problem. And so once that third stone was recovered,

11:54Richard Greaser now we can fix anything with democracy, electricity, the decentralization.

11:60Rod Palmer Yeah, I mean, I would argue that declaration of independence was about as revolutionary as the Bitcoin white paper. Because had Oh, no doubt about it. Had that never been written, had the constitution never been like, the constitution was essentially a consensus.

12:20Rod Palmer Right? It's like Bitcoin consensus. It's like, how do you how do you get a bunch of nodes, a bunch of, you know, individuals all around the country that was rapidly growing in size and scale, population? How do you get them to all come to consensus with each other and not try to double spend

12:44Rod Palmer and do all these various things? Right. You need that you need that independence. Yeah. I mean, this is one of the big issues I have with Hans Herman Hoppe, Hermann Hoppe is like, you know, he's not a Bitcoiner. He's not orange pilled. He obviously doesn't listen to forty hours of Bitcoin podcast. And he thinks that like democracy is a bad thing, but democracy would have never been, like Bitcoin would have never been possible without democracy first.

13:09Richard Greaser Right, it goes back one more document further back in history, it goes back to the Magna Carta. Magna Carta was when you know, the first charter that established the principle that the government,

13:24Richard Greaser the people, and the king, even the king, they were, subject to rule. They had to they rule by thermodynamics. And that acknowledgement coupled with democracy and electricity

13:41Richard Greaser enabled somebody to create the first thermodynamically sound solution to all of all of human

13:49Rod Palmer problems So we all know that electricity was discovered when, Ben Franklin was,

13:55Richard Greaser flying his kite, right? Right, right, right. I I think I I think I mis misinterpreted what, the first person to invent electricity, I said Thomas Edison that night to Benjamin Franklin. Well, yeah. I mean, I guess

14:11Rod Palmer maybe Edison was the first to harness it, but you could argue that Benjamin Franklin, you know, catching lightning with kite to go into a glass jar. I mean, that that's, in my opinion, a legitimate discovery or use of electricity. And

14:30Richard Greaser he was he was using stranded energy. Like, that was a Bitcoin thing to do. Lightning is is stranded energy.

14:37Rod Palmer Yeah. I mean, it it could be argued that essentially, Ben Franklin was like the original

14:46Richard Greaser Steve Barber. Yeah. It's like it's like Steve Barber. It's like his great great great great great great grandfather,

14:54Rod Palmer at least in in in spirit. It's like his spirit grandfather. Which is kinda sad that we're, you know, saying that that we're you know, Steve Barber is a Canadian. He's not even an American. So he has no patriotism, I don't think. He could be a patriot. Alright. Right.

15:11Richard Greaser He could Steve Barbour is loyal loyal to,

15:15Rod Palmer Ottawa. Well, he he's a noncompliant Bitcoiner. I don't know if you remember the story, that we ran a while back about him, but he was essentially running a protest in Ottawa and have sent out for the

15:29Rod Palmer That's right. They were trying to ban Bitcoin mining up there, calling it intentional climate change. And, you took some, containers full of miners and were braiding the residents with, noise. It's kinda like what Fred Deal's doing in Texas. Yeah. That's,

15:49Richard Greaser that is we're gonna only see more unrest and just a lot of protests like this, and unfortunately, Bitcoin miners are the most

16:02Richard Greaser profitable way to, you know, really piss off the people in your community that you're mad at. Well, I think like, you know, there there's a good

16:10Rod Palmer tale of two different stories, which is what Fred Thiel and Marathon Digital are doing in Texas and then what Steve Barber is doing in or did in Ottawa, which is, you know, Fred Thiel is terrorizing,

16:28Rod Palmer you know, residents of this local community just like, you know, average people. And Steve was going off after non compliant politicians. And so I think if you're looking at things from the Bitcoin lens, like, most of us are are definitely on the side of,

16:51Rod Palmer you know, normal average individuals and not the noncompliant politicians. And so I think there's a lesson to be learned, which is don't be like Fred Thiel. Right. Yeah. Of course. Definitely.

17:05Richard Greaser Speaking of climate change, there's a pretty interesting story that we covered this week. It looks like a lot of global leadership has economic leadership and central bankers have come together to help solve

17:23Richard Greaser some of the, climate risks involved with these wars going on with, Ukraine and and Israel. Yeah.

17:31Rod Palmer Yeah. Oh, so there's two interesting topics here, which we can talk about, which is one is, that, you know, BlackRock and and some very, prominent financial institutions are gifting the Israeli and Ukrainian government's client to or climate to carbon tokens essentially to, offset

17:55Rod Palmer all the, pollution that they're off putting as a result of this war. And they actually get double bonus points. I didn't include this in my article, but when you're fighting a when you're fighting a defensive war, those climate tokens actually double in value. Whereas if you're offensive, they half in value. So Russia theoretically should be buying four times as many

18:19Richard Greaser climate tokens as Ukraine is and vice versa. What if do. And wouldn't they run out of these climate tokens? Like what happens? Are they able to continue to prosecute their war strategy?

18:32Rod Palmer Well, I think it'd be much more difficult for them, because a lot of people, you you know, climate activists are generally very consistent, right, with the things that they target and focus on. And they understand that

18:51Rod Palmer that war emissions are not any different than any other type of emissions. You know? They get just as upset over Iron Dome missiles fired

19:03Rod Palmer as they do, you know, just general electric consumption,

19:09Richard Greaser you know, in The United States. The Christmas lights. The Christmas lights or Halloween lights.

19:13Rod Palmer Christmas lights, video games. That that's one that, you know, a lot of environmental activists have been going after is, you know, because video games use a lot of electricity, AI, computing, being a big one. Manufacturing, they don't like manufacturing because oftentimes that consumes a lot of electricity.

19:36Rod Palmer And as we all know, electricity consumption directly correlates into pollution,

19:46Rod Palmer into into creating carbon.

19:49Richard Greaser Right. Oh. So yeah. So are these carbon tokens how easy are easy is it to swap in and out of, USDT Tether

20:01Richard Greaser on liquid with these tokens? Is it is the market liquidity growing?

20:06Rod Palmer Well, it hasn't been, like, officially tokenized on a blockchain yet. So that's one one of the things that's very difficult about them is they don't have any sort of interoperability with other blockchains,

20:19Richard Greaser and there aren't And you could be you could be right. These are, like, custodial tokens.

20:24Rod Palmer Yeah. I mean, surprisingly, Coinbase has not has not recognized it yet. And they've actually moved to make this more difficult by delisting Tether. I don't know if you saw that, but that happened last week. They delisted them in Europe. Yeah. And yeah. I mean, they're delisting Tether from Europe, so they're making it more difficult for,

20:46Rod Palmer the Ukrainians to, swap to USDT if needed. But I think they're gonna be directly cashing these in, you know, for for their intended purpose. I don't think there's gonna be any corruption, you know, and part of the reason why is because all these tokens exist in BlackRock's database, and they can kinda track and watch where it goes. And I don't think BlackRock

21:11Rod Palmer I'd be very shocked if an institution like BlackRock would be as non compliant as to, you know, trying to utilize those carbon tokens for ulterior

21:25Rod Palmer motives, whether it be, you know, purchasing real estate in the area or whether it be, you know, essentially operating as a front for agencies like the CIA to to launder those carbon credits into somewhere else. Yeah. But I think So

21:42Richard Greaser I just had a question. If you're there's, you know, other countries right now who are fighting war, Myanmar is a good example. Are they eligible to receive these, double carbon credits from from the world's top, you know, BlackRock and and other global elites?

22:01Rod Palmer I don't know. It it really depends on if there's any sort of, incentive for BlackRock to be operating there, because if BlackRock has some sort of advantage in current favor, with the Myanmar government, then yes. Like if there's cheap labor to be exploited, if there's real estate to be acquired, if there's loans to be given,

22:28Rod Palmer BlackRock will be interested, but I don't know enough about the specifics of what's happening in Myanmar to make any sort of definitive.

22:39Richard Greaser Something notable that I read, I think it was last year and then I saw it again a few months ago, is the, rebel government,

22:50Richard Greaser Myanmar. Their official, legal tender is USDT, So they're using Tether as their official, currency. Interesting. I think I don't know I'm curious why they don't use Bitcoin instead. It seems like a no brainer.

23:05Rod Palmer I don't know if, do you think BlackRock is pro Tether or anti Tether? I can't really tell.

23:12Richard Greaser That is a good question. It I don't know what BlackRock's relationship with Franklin Templeton is. I know that, Tether is is very close to Franklin Templeton.

23:23Rod Palmer Yeah. So the the carbon credit, I wanted to go off of something there. So like, you know, people are getting concerned about climate change across the board. You know, and as credentialed individuals, we're here to tell you that, you know, climate change is real and you should trust the scientists. But there's been a lot of theories that there's been some weather manipulation recently Right, right. Which could be

23:51Rod Palmer plausible. We've known that the US government has manipulated weather in the past. I think officially, they'd probably have to deny their involvement in it for national security reasons because they don't want to allow other countries to know the full levels of sophistication they have in regards to this. But, there are theories that the government is manipulating the weather for the storms to be worse so that people start believing in climate change. Interesting, interesting.

24:27Richard Greaser So other than the one we're all familiar with, 10 trails, what are the other ways that, are proven that they

24:37Richard Greaser use to control the weather?

24:40Rod Palmer Well, the thing that's hard about this stuff is there's not a ton of general non classified knowledge on these topics. Because a lot of what was done initially

24:56Rod Palmer with testing, the weather manipulation was done in the Vietnam War. And there was all sorts of, you know, crazy stuff, going on there. But, you know, what they primarily did in the Vietnam War was they would do cloud seeding. So they would go and they'd spray chemicals into the clouds to make them bigger and make it start raining.

25:18Richard Greaser And that caused that caused that caused flooding and, like, I think they had to close Dubai or Alibaba's, or Abu Dhabi, excuse me, their airport a few months ago because they created too many clouds and it caused way too much rainfall in, Dubai

25:37Rod Palmer Abu Dhabi area. Yeah. I mean, it it could be a serious issue. Like, you know, manipulating the weather, you know, can be done to, you know, like, try and water your plants or whatever they were doing in Abu Dhabi. But, it it could get out of hand too. I feel like it's kind of playing with the weather or playing with fire almost. Yeah. Yeah. And, so we we would hope like, this is one of the things like as credentialed journalists of like why the institution of journalism is so important. Because you need credentialed people to ask these types of questions to hold government accountable. Are you manipulating the weather? Are you playing with fire? Are you potentially destroying people's lives? And is it actually for

26:24Rod Palmer national security reasons? Because like one of the things that I'm the most concerned about is that it's not just about teaching people about climate change. That's a very important issue. If we want these carbon credit markets to be adopted,

26:42Rod Palmer the use of blockchain to be widespread, people have to believe in climate change. But there's also the question of, are they intentionally doing this to grab land where there's you know, valuable resources to be extracted. And that's a story that I've been seeing come up this week that I thought was pretty interesting

27:07Rod Palmer in North Carolina. Yeah. What

27:12Richard Greaser was the incentive for, the land grab in Western North Carolina? What do they want there? It's not the barbecue. So,

27:25Rod Palmer well, there are rare earth metals that are used in electronics that are, from my understanding of a few credentialed news articles that I read, are largely centered in this region in North Carolina

27:42Rod Palmer that was impacted. And so that one small region is responsible for you know,

27:51Rod Palmer pretty much all the world's electronics, of having the proper materials. And, I mean, that was a pretty interesting thing to learn about this week that, you know, it's not just China where electronics manufacturing

28:13Rod Palmer is, you know, very centralized, but also The United States because the materials needed to make them are over there. And so maybe there's individuals like

28:26Rod Palmer so when you're diving into these conspiracy theories, you have to ask a lot of questions and not just come to conclusions right off the bat. And so you could argue

28:43Rod Palmer even that targeting these materials to try and consolidate the land ownership and extract them, that that could be an attempt to better fight climate change because instead of and this is something that came up in the VP debate instead of shipping these materials across the ocean to be made into electronics and then shipped back,

29:09Rod Palmer that could be manufactured in The US. Right. And that is

29:15Richard Greaser would be very good for the economy. I mean, that would be great for for Bitcoin as well. So it's like, should should we see that as something that it's, you know, there's not a lot of unclassified evidence that this is nefarious, so we should just believe in climate change and it's gonna benefit us? Yeah, I mean, there's a lot of incentives here and, I think it's important to just like,

29:40Rod Palmer while we need to question government and while we know they do bad things and they're non compliant, we can list off a litany reasons. Even when you go into conspiracy theories like the Oklahoma City bombing or nineeleven, if you believe that the government

29:60Rod Palmer was in on it in some way, you have to at least have the perspective of they were doing it for our good, right? They were doing it for national security reasons. There was something larger at play. They're also, you know, one of the things specifically

30:16Richard Greaser that they're looking for that they need to source globally that's available in Western North Carolina is quartz. So there is a, a specific mineral in that specific area that it, it would just greatly benefit them to be able to come in and kind of get a lot of,

30:37Rod Palmer mineral rights on that land. Well, a lot of this, like, kinda goes into, the VP debate. Did you watch any of that? I watched a little bit of it, but I'll admit, I didn't watch the whole thing.

30:49Richard Greaser Yeah, I watched pretty much the whole thing. It was like I think you noted this off air, it started really hot, right? Like, they went right into which one of you guys how how would you Iran, if you were Israel right now? They were like, Ben, let's fix the economy right now. How would you do it? Yeah. Yeah. I mean, there were a lot of really interesting topics.

31:12Rod Palmer One thing I was kinda interested in was that JD Vance was talking about bringing manufacturing domestically, which kinda tied into my thoughts on, you know, why the weather manipulations,

31:26Rod Palmer if it was happening, could have been happening. But also, one of the things that he wanted to do was to import war domestically and he wanted The US, if there was gonna be a war happening at all,

31:41Rod Palmer he wanted The US to be as involved as possible with it because The US has one of the greenest militaries in the world.

31:49Richard Greaser Right, exactly. It was like, if we are going to be the policemen of the world, if we're gonna spread democracy, we're the ones that can do it with the least amount of impact to the climate. And so that's why it should be us. And that's why we should take this leadership role in spreading this throughout the, throughout the globe. And that kind of goes with, with Bitcoin as well, right? Like if, if The United States

32:15Richard Greaser is the leader with mining, control of the network, and just the the reserve asset treasury, it can it can really help make it a a greener, a greener network. Yeah. I mean,

32:31Rod Palmer you have to kind of think about it. So like, why do we want all of Bitcoin mining in The US? So like Dennis Porter frequently talks about like how Bitcoin mining is so great for renewable energies and energy sources and incentivizing them. Right?

32:47Richard Greaser And,

32:49Rod Palmer like, that's that's a that's that is a direct result from living in a democracy. And it's something that people cannot comprehend in these dictatorships. And part of the reason why is because of the superior public education

33:09Rod Palmer that's happening here. Because, you know, you go into these dictatorships and in the public schools, they just brainwash people. But but literally none of that happens here. They teach people history correctly. While you're pledging allegiance to the flag,

33:28Rod Palmer you're not pledging it to some sort of Stalinist, malice type photo on a wall. You're pledging it to the American people and the economy. You're pledging that as an adult, when you get a job, you're gonna pay taxes and you're gonna, you know, be patriotic and and support the wars and, you know, worry about things like climate change. You don't get that in dictatorships, and that's that's why, you know, The US could be gearing up for a direct

34:02Rod Palmer invasion of Iran to to make sure that they actually follow through with their climate goals.

34:08Richard Greaser And think of and think about the education system here in The United States a little bit, how much better it is than almost every everywhere else in the world. Imagine if we had, you know, a bill where it was like it was mandated that at a certain grade

34:27Richard Greaser and every year you got Bitcoin orange pilling education in your curriculum in public schools. Yeah, I mean, seeing as how good Bitcoin is for the climate, I think we're

34:38Rod Palmer very, very close to getting to that point. Like, I mean, could you imagine if Dennis Porter was the the secretary of education, how quickly things could improve?

34:51Richard Greaser Maybe that's what he's done it for. Maybe that's what he's been trying to get to this whole time. Well, I think Brady Swenson's trying to give him a run for his money. That's true. I think, it'd be crazy if they put, they just put Swan's blog as like the resource for for, the Department of Education for orange peeling people.

35:11Rod Palmer Yeah. So, you know, we we know that Citigroup, essentially handpicked Obama's cabinet. Right?

35:22Richard Greaser Right.

35:24Rod Palmer I I think when we're when we're living in this hyper Bitcoinized world, we're not gonna see things like that. We're gonna see more of it, you know, more of a decentralized process where you have a bunch of varying Bitcoin companies and it's not just, you know, one bank.

35:42Richard Greaser One of the bankers picking the Right, it's more like a layer two liquid, it's a federation of banks coming together. It's liquid is is run by an oligarchy instead of a monarchy. So there's less there's less, custodial risk there.

36:02Rod Palmer Yeah. I don't know if you noticed this, but, it seems like Rizzo left, Bitcoin Magazine. I noticed this week I opened up my email on my typewriter and saw that I had an email from Casa.

36:17Richard Greaser Oh, yeah. Yeah. He's he's gonna be writing, he's gonna be tweeting about, Satoshi's last post on Bitcoin Talk, but he's gonna be doing that for Casa now instead of Bitcoin Magazine. Yeah. He's gonna lay out the

36:30Rod Palmer I mean, the the that's just an example of the decentralization of, like, the Bitcoin educators are moving away from central points like Bitcoin Magazine and Swan and spreading across this broader ecosystem?

36:47Richard Greaser Yeah, exactly. We predicted that. We said that these influencers were gonna spread out across to all these new companies and it was gonna really boost their presence on social media and really they're gonna really benefit from these influencers.

37:00Rod Palmer Yeah. Well, I think we should have like a higher, we should have higher expectations from our politicians going forward, especially with the way that they interact with American people's mind that every cabinet member have their own Bitcoin podcast. Yeah, it's,

37:22Richard Greaser you don't need it. Bitcoin podcast will replace like NPR and PBS. It's like, we don't need to have it all aggregated on this one TV channel. We can just have it spread out and people can listen to it in whatever podcast form that they prefer.

37:40Rod Palmer Yeah. I mean, if you want an informed population, you need all the different branches of government to be doing separate Bitcoin podcasts for different journalists to listen to and then translate it to normal people. But then normal people can also

37:59Richard Greaser listen to them themselves if they wanted to. They need to put out at least forty hours a week. So you can, at the very least, you can get forty hours a week from the Bitcoin podcast that is published by

38:13Rod Palmer the Department of Urban Housing. Well, I think this is how government should be funded. I'm not a big fan of this taxation thing. One of the primary reasons why I'm not is because I've seen how it's been weaponized against smokers, who are some of the most heavily taxed people, if you're buying them the KYC route, which is a shame if you are at this point. Like, you should know better. You've listened to enough of our podcast to know not to do that. But

38:42Rod Palmer yeah, I mean, I think Fountain could essentially replace the IRS, where all these different government agencies have podcasts and their primary way to get funded is one, selling merch. I think in like five years, it's gonna be cool to wear like FBI t shirts to Bitcoin conferences, stuff like that.

39:09Rod Palmer Because they're gonna be on our side, they're gonna be so orange pilled, they're not gonna be seen as enemies or threats or non compliant individuals will be able to see all their transactions on the blockchain and monitor them. But, yeah, I mean, fountain found and boost should be the way that we fund these different endeavors and it should be based on how interesting of a podcast they run.

39:32Richard Greaser Right. And at the end of the day, you could boil this down where Fountain could just, once everybody has a Bitcoin podcast, they could just take 25% of your boosts on Fountain and that automatically goes to fund the US Treasury.

39:48Richard Greaser And if you, you know, if your podcast gets millions of downloads and millions and millions of SaaS and boosts, then, you know, you just up that percentage of the payment split, progressively like we do our taxes in The United States. If you have under a thousand downloads, then you should probably get tax free boosts, like tax free tips, you should get tax free based.

40:12Rod Palmer I don't know why fountain doesn't pay content creators yet. So I feel like they should do some sort of gamification where, like, they put a certain amount of stats in a pot and depending on where you are on the weekly rankings

40:28Richard Greaser Right. They'll dish it out to you. I think this makes me think also of kind of maybe a fatal error on the part of Nostra, because Twitter made their, if you zapped somebody's profile with Bitcoin,

40:44Richard Greaser that was a tip and the government right now, both sides is trying to pass a law for tax free tips, but they call them zaps on Moster. So now if you get zaps on Twitter or you get tips on Twitter, those are gonna be tax free, whereas you're still gonna get taxed for your zaps on Moster because they're not tips. I think that's like really a failure on the on the legislator

41:07Rod Palmer nature to just like poorly distinguished language because they they should care about NoStr. They should be on NoStr. I mean, many of them are very progressive, right? And

41:22Rod Palmer you'd think that a lot of them are homosexuals. So you would think they'd want to be on the gay version of Twitter. That's that's a good point. It is it it makes you makes you wonder why specifically

41:35Richard Greaser Dennis why is Dennis Porter anti nosed her? Why has he been so resistant to it? Well,

41:40Rod Palmer do you think it could be that he might be a closet homo hater? He might not be very tolerant or progressive?

41:49Richard Greaser That could be true. That would be a kind of a very controversial leak if that were to be true. I know that progressive Bitcoin is really champion Dennis Porter as well.

42:02Rod Palmer As they should, I mean, like even, I don't know. I think we need to have some sort of summit. Maybe like Michael Sailor could do a council to come up with what are actually cancelable opinions and perspectives

42:18Rod Palmer that Bitcoiners have. Because I don't think there's enough standardization on this. We should have clear guidelines. Like, okay, if you're not, like, pro gay people, like, that's cancelable. But I don't know if that's what the decentralized committee summit will come up with, you know, because, like, I've also heard rumors that Michael Sailor is gay. So

42:40Richard Greaser Right, right. That's a really common whisper rumor that goes around at Bitcoin conferences that he's gay. But some people just they wanna be single and have Bitcoin when they're in their 50s or 60s. So

42:58Richard Greaser that's his choice, I guess.

42:60Rod Palmer Yeah. I mean, it'd be pretty interesting if Michael Sailor was gay and then he had a counsel based on what was like appropriate and what wasn't to say on a Bitcoin podcast. And if being a homo hater like like Dennis potentially is, you know, is a cancelable event that could create a lot of tension in the in the general ecosystem

43:23Rod Palmer and and and send everything, you know, spiraling.

43:27Richard Greaser Well, there's there's no lack there's no lack of disruption and tension in this community, but that would definitely be one that, was dominating and trending for sure.

43:38Rod Palmer So I don't say this very often, but I'm kind of questioning whether some of the tenants that we learned in journalism school were unhelpful or incorrect. And one of the ones in particular I'm thinking about is this idea of tolerance, right? Yeah. So, you know, tolerance

44:00Rod Palmer is kinda confusing. So, like, in in journalism school, we learned that tolerance is essentially just believing in whatever, you know, the the media apparatus wants you to believe, right? Right.

44:14Richard Greaser Right. Exactly. It could be weaponized.

44:16Rod Palmer Yeah. So tolerant is liking gay people, but being intolerant is you you have to inherently dislike like them. Like, that's what it means to be tolerant is to dislike people,

44:33Rod Palmer like potentially dentists that don't like gay people. Right. Which seems kinda like illogically or it's not very logically sound because you would think that it would mean being tolerant

44:48Richard Greaser of Dennis Porter and his beliefs. That's old. Yeah. So it's hard to imagine looking at Dennis in that way, but that sometimes that's what is, that's the way it has to go. So, but last big topic of the day, and this is a big one. So HBO, looks like the TV is going to reveal on Tuesday

45:10Richard Greaser who Satoshi is. Okay, what is your reaction to that, announcement? Like this kinda came out of nowhere.

45:17Rod Palmer Well, it's probably not gonna be great, great.

45:21Richard Greaser Right. At least it can't be. It can't be. AODSU. I know

45:26Rod Palmer I know HBO. I don't know. It's pretty interesting. It's it's very interesting timing, you know, that they wanna put this out right now in such close proximity to the selection.

45:39Richard Greaser It's do do you think that it this is the October surprise? Can you imagine if Tim Walz

45:46Rod Palmer is Satoshi? I

45:48Richard Greaser I had a you know, there was a it's a public one of my tweets last week was, I would rather find out that, Satoshi is the CIA than that he is French. Yeah. I mean, I would rather if he'd be CIA than Tim Walls.

46:03Rod Palmer What's worse, being French or French Canadian?

46:06Richard Greaser It's it's worse to be French Canadian because they're not even respected by people in France. Interesting.

46:13Rod Palmer Well, yeah, I mean, I don't know. I mean, I one thing I'm kinda concerned about is I I think there could be a high level or likelihood of North Korea doing something very, impulsive here because there the North Korean people, you know, for the

46:33Rod Palmer last however long Bitcoin's been around since 2009, they've they've thought that Kim Jong Un is Satoshi. And so it'd be pretty alarming for them

46:48Richard Greaser to find out that it's somebody else. There's, like chaos in the streets, and if they if they were able to see the film or get that information. And it wouldn't even necessarily be the citizens right away, but North Korea has a lot of hackers, and they thought that they were doing this on the orders of Satoshi. And if they find out that Satoshi is not Kim Jong Un, it's it's gonna cause chaos in the in the hacker markets.

47:16Rod Palmer Imagine imagine if like HBO gets it wrong and they they say it's not Kim Jong Un and Kim Jong Un is actually Satoshi. And what results from this is

47:32Rod Palmer a signed message from a wall address came Oh, wow. Containing Satoshi's keys.

47:38Richard Greaser We could say

47:39Rod Palmer North Korea, best Korea.

47:41Richard Greaser That'd be my prediction. Oh, yeah. That that would be a huge coup for I mean, North Korea, can you imagine the stock market in North Korea that day? Oh, I bet it'd be bonkers. I mean, I bet. They would take over to South Korea right away.

47:57Rod Palmer Yeah. I mean, I don't I don't know why Bitcoiners have not taken this, the stance, which is like, why aren't they pro North Korea like they are pro El Salvador? Doesn't make any sense. Like, you know, North Korea is one of the most hyper Bitcoinized countries in the world.

48:15Richard Greaser It's it's it's probably just intolerance.

48:19Rod Palmer Yep. I mean, I'm pretty sure Kim Jong Un's stack is, like, bigger than all of ours combined. Nobody had it. Employee at the people.

48:28Richard Greaser But but while Satoshi may be Kim Jong Un, it sounds like based on the trailer that HBO is gonna say it's Adam Back. Why do you think that, they would say that?

48:41Rod Palmer Man, this is, this is very interesting. So you brought this up with fundamentals recently, which is this concept of native marketing, right?

48:55Rod Palmer There are some people out there that are theorizing that Blockstream is using this documentary as native marketing because they haven't had so many issues with actually selling any profit or products profitably.

49:14Rod Palmer That, you know, if Adam Back is Satoshi, that gives so many more people a reason to buy the Jade hardware wallet.

49:23Richard Greaser Right. Yeah. To use liquid. Yeah. Up until Craig Wright lost his his lawsuit, the, you know, I think Blackstream is marketing through BSV saying that, because all the BSV people would say that Bitcoin is compromised, that it's it's controlled by Blockstream. And that wasn't

49:44Richard Greaser that that marketing wasn't doing a good enough job selling jades. But, you know, when the Swan added, the the the multisit add, he only he only worked with the jades, so you had to buy two jades, and that didn't work. So now if he's Satoshi, they might be able to finally, you know, outsell the cold card. Yeah.

50:05Rod Palmer I mean, some people might think that's a that's a far reach to to believe that, you know, Blockstream is paying BSV ers to say that they control Bitcoin, but, we've seen many, many different groups essentially fund their opposition to discredit them, right? Right. To to make themselves look more notorious.

50:26Richard Greaser Right, like some people might say that like funding BSVers to sell your product is bad marketing and that that makes it far fetched, but, you know, if anybody is bad at marketing, it's Blockstream, so they couldn't possibly

50:43Richard Greaser have used that strategy.

50:45Rod Palmer Well, I mean, this could be like, you know, what the ATF has done for years, which is, you know, work with and and the FBI as well is, you know, funnel these neo Nazi white supremacist groups, you know, essentially justify their jobs. And that's kinda like what Blockstream's doing. If if Adam Back is Satoshi, they're kind of justifying their jobs. They're saying our our products, our our Bitcoin mining note, our hardware wallet, our satellite dish, they're all

51:18Rod Palmer you know, legitimate products. Like, we're we're justifying our jobs.

51:23Richard Greaser Right. Yeah. It's, well, Bill, that reveal is coming on, Thursday. So tomorrow, by the time you listen to this, excuse me, Tuesday. So we might do a livestream,

51:40Richard Greaser for the Satoshi reveal. So if you're interested in that, let us know, and, we'll see if we can get that done. But, are you ready to go into, the base for the week?

51:51Rod Palmer Yeah. I totally forgot. Did we talk about the army recruiting ad?

51:55Richard Greaser Yeah. The very beginning. But it was it was it was very, ahead of its time. Okay.

52:02Rod Palmer Great. Yeah. Let's get into boost then. So this last week's episode, Orange Breeze March Inn. So our first boost was from high hash rate. I assume this was Mike. Could have been Dan. I don't I don't know. But I was given Mike a hard time about listening to,

52:24Rod Palmer Bitcoin podcasts and how to how to check-in, how to how to show your attendance. And so I assume this is Mike who says, I'm listening to my forty hours of Bitcoin podcast solely. Good good on you, Mike. I I I don't know when that episode is gonna come out, but, yeah, I was essentially giving Mike a hard time for not listening to enough podcast and talking about the importance of it.

52:49Richard Greaser All I understood. Yeah, man. I'm excited to hear you on another podcast. So, make sure you share that when your interview with my house rate, comes out. The next one is from classic foe of the show, follower of the show, miss Haviloff. She's back back in the booths. She basically has 20,000 subs. She said, great episode. Rather sexist. Maybe there should be more women in the space. If you weren't all dicks,

53:16Richard Greaser maybe I should do a podcast to displace you. Well, thank you for the business, miss hobble not. I I disagree that it was sexist, but, I if you wanna try and and be better than the people, I wish you luck.

53:32Rod Palmer I you know, there's a lot of young people these days. And I I am just saying that because of because of her profile picture, not because of, now you dispute that she's young. You say that she's actually Nancy Grace, which Yeah. Is, you know, believable. But I kinda feel like going off of your theory is kinda like refusing to use somebody's proper pronouns. Like, maybe she identifies as a young woman.

53:59Rod Palmer You got it. So it's a little bit yeah. That's why I'm taking this perspective. But, like, they they believe that, like, objective journalism is sexist. And I think that's really problematic. I don't know. It's probably coming from, like, TikTok or something Yeah. Why these why these young people believe this stuff. Alright. The one one thing I forgot what I was gonna say. Alright. Never mind. Next one is from our good friend, Fundamentals, who says, keep moving the ball forward. Great stuff and great closing song. I want my flying core.

54:35Rod Palmer Man, did you see last night that your your song is trending on Wave Lake again?

54:42Richard Greaser You were in the middle of the Yeah. Girls in Spaces. I got a DM from a guy in Nostril, tell me how much he liked the song, so it must have been a result of that.

54:52Rod Palmer So Flying Cars is at number one right now and, Girls on Spaces is at number four. And Girls on Spaces has been consistently trending in, like, the top 40 ever since release.

55:06Richard Greaser Oh, yeah. I'm I'm glad that, oh, yeah. It's, David Tarr. It's me, but it's you is number five, and that's who, messaged me to tell me, like, my song. Yeah. I mean, that's, so the the Bugle Weekly,

55:19Rod Palmer you know, the Bugle in general, we're we're really revolutionizing music related to we're we're putting out thermodynamically music over on Wave Lake, and, it's pretty cool. And the more you boost us over there on our songs, the more that they trend and the more other people, you know, find thermodynamically music. So appreciate all the boost. Both on I mean, it's the same thing with boosting us on this show.

55:48Rod Palmer More people find thermodynamically sound music. But, yeah, I I hope, like, if we if we're gonna get fundamentals flying car, you need to fucking boost our music in this show. Hell yeah. It's like fundamental truth. It's the objective

56:07Rod Palmer journalism at work right here telling you that. So let's get on the court. Let's do it.

56:13Richard Greaser It looks like I think you skipped over, at least on my screen. We got the next one, 10,093 sats from Shadrach, friend our good buddy Shadrach. He says, we are legion with a cigarette. Oh, yeah.

56:28Rod Palmer Yeah. Shadrach's a big fan of our thermodynamically sound music and as well as,

56:34Richard Greaser selling non KYC cigarettes or buying them. And we're a big fan of of Shadrach.

56:40Rod Palmer Shadrach likes to smoke his cigarettes thermodynamically sound. I appreciate that about him. Oh, yeah. The next one is from Orange Mart for 5,000 sats. And Orange Mart says,

56:55Rod Palmer salute hashtag Orange Berets. I wouldn't be surprised if, if Orange Mart becomes, like, the the central location, the the meeting ground for the Orange Berets.

57:08Richard Greaser Kinda like a training their training simulator?

57:12Rod Palmer Yeah. I mean, there's like you know, you go you go into Southern America for the, the schools on Americas. Like, if you wanna if you wanna go figure out how to destabilize Latin America, you can go to one of those schools. I forgot where they operated those.

57:30Rod Palmer I have to go back and do some more reading. But, you know, if you want to to learn how to be the elite of the elite of Bitcoiners,

57:37Richard Greaser you can go to Orange Park. Oh, yeah. Oh. Orange Park. The, the next one is from another good friend, frequent Fisher a Bile. He says, thank you for the great advice. The Bugle team makes the forty hours per week goal that much easier to reach. Really glad that Dave Bile finally will sing to forty hours a week. I know he was skim good a lot on, his his forty hour requirement, but he stopped being lazy.

58:06Richard Greaser And he's he's he's back on it. Well,

58:08Rod Palmer if if you wanna be like a high functioning, high testosterone Bitcoiner, you gotta listen to forty hours a week. There's there's no there's no half assing it.

58:22Rod Palmer Gotta pick up the pace. Like, if you wanna if you wanna I I don't know. I I feel like listening to eighty hours a week is kinda like taking anabolic steroids. Like, it's almost cheating. Well, if you've listened on 1.5

58:34Richard Greaser speed, you can do it.

58:36Rod Palmer But, yeah, anyways, thank you everybody for the boost this week. Thank you for not stealing journalism.

58:43Richard Greaser You gotta We have one more. We have one more. Oh, we do? At the bottom there. Yeah. It's, looks like it's Arabic writing, so I can't read it. But JKB kinda is what it looks like. I don't know. It says Greek dialogue. I can confirm total BTC inside workers. Custody is higher than sailors as it is real Bitcoin. Also, great sell.

59:05Richard Greaser So thank you. Thank you. It's not like that one comes from the The Middle East.

59:11Rod Palmer So what you're looking at is not a boost, but it's also pretty great, which is somebody posted Yeah. Yeah. Us on, Nostr, which, is super cool. We we had Dave, I think, who who did

59:28Rod Palmer a did a clip did my clip of the the Cypherpunk Awakens last week and put it on there on Oster as well. Nice. But that that's, like, a huge way to, like, help us. We we want we want people posting.

59:44Rod Palmer And and there's, like, a lot of discussions around, you know, people being concerned with all this development on Nostr, on whether or not, you know, the devs over there are trying to make it not gay anymore. Yeah. I don't think we're gonna be able to call it gay Twitter for much longer if they keep on developing these cool features like this. You know. Well, thank you everybody for tuning in this week. Thank you for the boost, and we'll catch you next week on the Beetle Weekly.

1:00:09Richard Greaser Later.

1:00:10Unknown Wake up on over from low end workers the night before. Buy some Adderall and get me out of bed and walk over to the shower door. I hold my slogan in my head and start stroking it as I look in the mirror. Get ready for a press conference, a climax, and then think about myself on TV without fear. The reporters wanna know I'll be a blowin' of The Middle East. Wait. The alliance wanna know why they can't have a bigger feast. Man, this is such a pain being a politician,

1:00:44Unknown so monstrous responsibility. Shortest stock on its side and flow because democracy is stability. Standing in make me giddy. I laugh as I think about all the dead kids in Ukraine. Thinking about lunch where the lock key lobbyists will get brain. Hop on Twitter to slander my political rival, gotta make them look real bad for my old survival.

1:01:34Unknown This is the life of a politician keeping secrets and telling lies. Life's spinning past me. Oh, how time flies. I love how people love me even though I'm a piece of shit. I know that I am the definition of hypocrite,

1:02:03Unknown but I don't really care because because I get what I want. Being above the law is something that I could flaunt. My constituents can't afford taxes, or to own a home. But we tax them so we can continue finding the Iron Dome. There's since domestically, but I'd rather do fraud abroad. Don't dare to tell me my logic's flawed. Standing in front of the reporters,

1:02:26Unknown my dick is getting a little bit hard. Think of about people who are watching me on the TV, man, I know they are a bunch of tars.

1:02:48Kailey Welch Thanks for tuning in to this episode of the Bugle weekly. We'll see you next week.