0:00Richard Greaser The Bugle is the world's premier news agency. They are the Bitcoin standard of news.

0:09Rod Palmer I don't know what a Bitcoin is, but I think it's bad for the environment. I only became interested in Bitcoin because of Oodi and Ordinals.

0:17Unknown The first time I heard the term orange pill, I thought of Donald Trump's penis. That's a hard pill to swallow.

0:24Unknown We need to redistribute all the Bitcoin from Michael Saylor to the pores with custodial lightning wallets.

0:31Richard Greaser I'm interested in how liquid side chain could be used

0:35Rod Palmer to monetize drone striking children in Yemen. Bitcoin is interesting now because you can sell shit coins on it, and and that's pretty cool. I hated Bitcoin until Dennis Porter stuck his orange pill in. Orange pill me harder, Dennis.

0:50Unknown It will be easier to inject democracy into The Middle East like I did to Libya if we use Tether instead.

0:57Unknown The Bugle is easily the most important journalistic institution around today. They make up literally everything they write, and yet it is somehow all true.

1:06Richard Greaser Now you all better let the Bugle do the thinking for you. Life is too damn hard to do all the thinking yourself.

1:14Richard Greaser But we're recording. How are you doing, Rod?

1:18Rod Palmer Pretty good. What's the what's the name of this podcast? We didn't even discuss that yet.

1:24Richard Greaser Oh, that's a good question.

1:28Rod Palmer Evil Weekly.

1:32Richard Greaser Nicotine overdose podcast.

1:34Rod Palmer There we go. We're recording with Zincaster. Brought to you by I don't know. The Zinc the Zinc Pouches. They don't sponsor us yet, but we would they would like to take care of your blood, tobacco money, of the cancer that you're causing in the world, which is probably a good thing.

1:57Richard Greaser Zen? Zen's a shitcoin. Like, all the all the shitcoiners choose zines like Zach Vole choose Zims. Nick Carter uses them.

2:07Rod Palmer It's, it's it's like the people that are trying to do, like, mushroom, psilocybin mushroom therapy that, like, remove all the potential for, like, a a nauseous stomach or, like, a a bad trip. All the all the parts of nicotine that make you a man for using it, the the risk of emphysema, root cancer, lung cancer, if that's all gone, what's what what's the point?

2:34Richard Greaser Yeah. It it it's kinda like if you had Dennis Porter go through anatomy of the state and, like, blackout anything helpful or useful or interesting in it, and all you had to read was, like, five or six sentences about nothing?

2:51Rod Palmer Yes. It's like a redacted version of tobacco.

2:55Richard Greaser Yeah. It's like you're still you're still reading Anatomy of the State, but you're not getting anything out of it. That that that's what Zinn is. Zinn is half measures for shitcoiners. I'm pretty sure I saw Corey Clipston dunking on Eric Voorhees because he he's a shit coiner, and he chooses as well. Like, if you're

3:19Richard Greaser if you wanna live life on the Bitcoin standard, you need to smoke Marlboro Reds.

3:24Rod Palmer What do you feel what do you feel about menthols?

3:27Richard Greaser I don't like menthols.

3:30Rod Palmer Are menthols a shitcoin?

3:33Richard Greaser I think I think it's borderline shitcoin. I I think, like, you know, it's you're you're living on a Bitcoin standard by smoking a cigarette, but you're shit coining on a Bitcoin standard, if that makes sense. So it's kinda like ordinals.

3:48Rod Palmer T Mobile Brush is kinda like custodial lightning. It's not really the same experience, but it feels the same.

3:57Richard Greaser Custodial lightning, it's using stacks or showing stacks. So, like, you're kinda in the realm of Dan Held where you're, like, borderline shit, but not really.

4:11Rod Palmer So stay away from that bullshit. If you guys wanna use tobacco, stay away from Jules, stay away from sin. Use Grizzly Wintergreen if you're a Dipper, Marlboro Reds if you're a smoker.

4:23Richard Greaser He's Yeah. I mean, it's a tradition. Cigarettes are the, they're the carnivore diet of this cycle.

4:31Rod Palmer That's just gonna be the lay of words. I think when the Marlboro man, the cowboy, when he released the Marlboro red white paper, he did did acknowledge Lucky Strike, as being, like, kind of the the, the inspiration behind it. But, the real OG, the guy that solved the problem was the Morbrough man. He's the guy that invented Marlboro's. Right?

4:56Richard Greaser Yeah. I don't know the history.

4:59Rod Palmer Kinda like it's a toasty of cigarette.

5:02Richard Greaser Lucky Strikes are good cigarettes, though. I'll I'll give you a pass on those. It's kinda like

5:09Rod Palmer About American Spirits.

5:12Richard Greaser Yeah. I mean, those are kit. Okay. It's just I don't love the branding around it. You know? Like, the the point of, like, you know, the Marlboro man is the guy that conquered the West and, like, American spirits resemble, like, freedom and, and not being conquered by the US military,

5:34Richard Greaser which means

5:35Rod Palmer it represents a world without democracy, which is just, like, a horrible world to think about. Yeah. I don't know. I don't know. I don't know. Something like that.

5:43Richard Greaser Yeah. So the the branding the branding's offensive. I mean, you know, the they should, like, change their name from, like or change the logo and and change the name to, like, you know, American patriotism

5:59Richard Greaser or something like that instead of American spirit.

6:02Rod Palmer Hope they're listening. I hope they take that to heart.

6:05Richard Greaser Yeah. I mean, this is this is what we do. You know, we're journalists. Everything's about optics and and public relations, so we can really help out of these big tobacco companies that are just, like, really shooting themselves in the foot. Absolutely. Like, they should tone they should totally just get on the grift to supporting Trump. They could be like Tim Pool, you know, where every you just go from, like,

6:29Richard Greaser supposedly being neutral in politics to just being a overt simp.

6:36Rod Palmer It's a good strategy. Okay. What what are we talking about today? What's the point of this this whole endeavor?

6:44Rod Palmer Well,

6:45Richard Greaser it it it's been weighing heavily on me that, that it's very important for there to be another podcast.

6:52Rod Palmer That's important. There's not enough of those.

6:56Richard Greaser There's there's just not there's not enough podcast, and there's there's not enough podcast that are trying to take on the PodConf industrial complex.

7:07Rod Palmer And and that's the real issue here. The the only way to destroy the state is by destroying the podcast industrial complex, the PodConf. The best way to do that is to start a new podcast.

7:23Richard Greaser Podcast? Yeah. I mean, like, we're we're joining the the ranks of great subverters like Dave Smith, Guy Swan, Dennis Porter back when he used to do his podcast, and,

7:38Richard Greaser Michael Malice. You know, all the all these great subverters that are subverting the state actively every day by just, pushing an RSS feed out to all these platforms.

7:47Rod Palmer And shout out to Alex Jones. He's the real OG of, RSS, podcast subversion method.

7:56Richard Greaser Yeah. I think I think the thing, like, we we don't have any sponsors yet. So, like, there's not gonna be any underwear commercials on this one. But I guess we could we just essentially gave a free, commercial to Big Tobacco. So I guess that was, like Yeah. And, like, that's a big part of it's your The foundation of a podcast

8:19Richard Greaser foundation of a podcast is just, like, totally, shooting any credibility that you have by, like, showing some sort of sponsor.

8:29Rod Palmer Right. I mean, it's gonna be pretty difficult to subvert the state without, some prominent Bitcoin exchanges, compliant Bitcoin exchanges, KYC Bitcoin exchanges paying you to your content. So we we hope somebody's listening, and they would I like to help us subvert the state that way.

8:50Richard Greaser Yeah. I mean, if only there was a way for, like, the listeners of this podcast to donate directly to us so that we didn't have to be reliant on sponsors and exchanges and compliant Bitcoin companies.

9:04Rod Palmer Hopefully, hopefully, Liquid will make it possible to send MicroStrategy steers or BlackRock ETF shares directly to us, and that would be, like, a really good start.

9:15Richard Greaser Yeah. I mean, Liquid Liquid has a lot of potential to do a lot of, like, uninspiring things like that that are gonna be really important. But yeah. I mean, I I think the important the important thing to do in taking on the PodConf is to become the PodConf, through PodConf sponsorships.

9:38Richard Greaser So, like, I expect here pretty soon, we're gonna be shelling a bunch of ref codes on here and, talking about all these different companies. Like, hopefully, like, we can do this for a couple of years. And in that couple of years, we'll have, like, at least six different exchanges sponsor us. I mean, just, like, rotate through every little bit

10:02Richard Greaser saying that this place is the best place to buy Bitcoin.

10:05Rod Palmer Right. Whether we succeed or fail, I think that this could be a really good blueprint or, for others to to kinda copy and to follow. And hopefully, the synergy between all of us and then and all the podcasts that come after us, we'll be able to finally be the the power or the the kinetic energy that takes down the state.

10:28Richard Greaser Yeah. I mean, what what we're doing, we're just building the dominoes one podcast episode at a time. That's the only way to to do this thing.

10:37Rod Palmer I do. There's two ways to Yeah. Go ahead.

10:41Richard Greaser Well, you know, Martin Luther King Junior once said the best way to, create change in the world is, to post stuff on the Internet.

10:51Rod Palmer Add up to him. He was a visionary. He had his time here. Yeah. And I would I would be remiss. I'd be remiss if, we didn't make sure that we honored the only the only reason we have the ability to own Bitcoin, the only reason we have the ability to spend it, the only reason we have the the ability to podcast about it is due to the the brave,

11:16Rod Palmer and courageous activities, and lobbying of Dennis Porter. If if it wasn't for him, none of this would be possible. So this podcast and all the subsequent podcasts that will come after it, I think that they owe they owe that tribute to, to Dennis.

11:33Richard Greaser Yeah. I'd I'd I'm glad that the community is starting to to see the importance of Dennis. We we have 44 signatures on the petition to get him a speaking slot at at the Bitcoin conference. Wow. Impressive. So the community is really, really up in arms about the leader of the state Status Bitcoin Association not being able to to speak at the the Status Bitcoin Conference.

12:02Rod Palmer It's really kinda I wonder what the beef is. I wonder why they they refuse to honor Dennis. Maybe David. Maybe it's media thing. I don't know.

12:11Richard Greaser Yeah. I mean, I think it's an ego thing. David David's got a big ego and, you know, David wants to to take credit for, what his organization is doing as far as Bitcoin adoption. And he has to yield to Dennis and essentially admit that Bitcoin wouldn't even be possible today without Dennis going around and passing all these,

12:35Richard Greaser rights to self custody laws in all these different states.

12:40Rod Palmer Yeah. And I think there's a cognitive dissonance. I think David wants to have this, was to have this state of Bitcoin conference. He wants to to push, Bitcoin through the the pipes, I guess, of the state to kinda take it over. But he's gonna be taxes. Right? So he moves to Puerto Rico and he has the honorable position of knowing that you can't have you can't have your k 82. Like, if you want a state as Bitcoin or association, you have to contribute your taxes to dis to disrupting the state that you're you're trying to gain adoption in.

13:14Richard Greaser Yeah. I mean, that's a that's a good point. I mean, IRS agents need to smoke cigarettes too. You know? Exactly. They have families. They have

13:27Rod Palmer cigarettes. When you buy cigarettes for a family of four, especially with with with state, sales taxes, you're you're looking at thousands of dollars amount, thousands of dollars a year depending on your habit.

13:41Richard Greaser Yeah. I mean, maybe maybe this is a good route to subvert the state is, we we send a bunch of free ZIN tens of ZIN, to the IRS, and then all of them start using ZIN instead of smoking cigarettes. And then the productivity goes out the window,

13:59Richard Greaser and then they can no longer tax anybody. It's kinda it's kinda like a DDoS attack. You know?

14:06Rod Palmer You should do that. We should start at the campaign. Everybody when you send you your tax returns, you can definitely pay your taxes this year. Send send a send a a log of ZYN to the, IRS with your tax return.

14:19Richard Greaser Well, I I think if we lobby our favorite lobbyist hard enough, he could probably march on congress, repeal laws around how you pay the IRS so that we can pay the IRS in Bitcoin. We can pay the IRS in in different tokens. And then we can actually launch a ZYN token

14:43Richard Greaser on the Solana blockchain. And that's how we pay the IRS as a ZYN token, which is only redeemable in ZYN. We just had some, technical difficulties. My my typewriter crashed. It's, like, really difficult to record a type or a podcast on a typewriter.

15:05Rod Palmer The Wi Fi, the Wi Fi, and the Bluetooth on typewriter, she's still behind.

15:13Richard Greaser Yeah. I wonder if I can get in the the bios and and do some finagling here to to make it work for me. A Linux typewriter? Yeah. Typewriter OS is a, Linux distro.

15:27Rod Palmer Is that Fedora or Ubuntu?

15:31Richard Greaser Yeah. It's a it's a fork of Ubuntu, I think. It's I don't know. I mean, I I like I still type with, you know what? Yeah. I I kinda alternate back and forth between typing with two fingers and typing with all my fingers just because of the the carpal tunnel. Like, a lot of these people with keyboards, they just don't understand,

15:54Richard Greaser how easy it is these days. And, like, you know, using a typewriter as proof of work, you should see my fingers how jacked they are compared to the average

16:04Rod Palmer person. That's a good point. So, yeah, let's kick this thing off. Let's start with, intros. Who's Richard Gasser? People who might be listening to this, and they only maybe see your articles on on on the bugle. Sure. What's your background? What got you into this?

16:25Richard Greaser Alcoholism. Every every good story starts with alcoholism. And, I was an alcoholic because I, I I sold my sold it to the Pontaff

16:39Richard Greaser Industrial Complex and, was working for a traditional news agency and, just drank until my liver had issues. And the doctor said you can't keep on going on like this. And, I looked at my wife and

16:56Richard Greaser kid and knew that they wouldn't be able to smoke cigarettes if, I wasn't around. And so I decided to to leave that that business. And once I took my soul back from that news agency, my liver started recovering. Wow. And so the bugle the bugle was born out of that.

17:19Richard Greaser The bugle is,

17:20Rod Palmer Backstory?

17:22Richard Greaser Yeah. It's,

17:23Rod Palmer Runs like that. Like like out of the ashes of like the phoenix.

17:29Richard Greaser Yeah. Yeah. I mean, I read I read Atlas Shrugged, and I and I was really inspired by it. And I think Dick Greaser is is like the John Galt of journalism, and the Bugle is Galt's Gulch. It's like the last bastion on Earth where you, where you get the news raw and unfiltered,

17:49Richard Greaser without all the leaders stepping in and messing with it.

17:53Rod Palmer That's really inspiring. That inspiration is really what, you know, catalyzed me to to wanna join up and and to to work with the people. I mean, you can read my bio on the website.

18:06Rod Palmer I'm Rod Palmer, by the way. And, just a little backstory. I mean, I was born out of a rail rig in the North Sea. My dad was a Chevron roughneck. My mother was a Inuit prostitute, but we called in the industry what they called the industry. I'm a national honor, an old didact. I spent a lot of time working as a Wikipedia editor, while I was competing my bachelor's of journalism and my degree from the University of Phoenix. I graduated summa cum laude. My job on Wikipedia was started out kind of an entry level position every time somebody died. My job is to go in and change all the information about them on Wikipedia to past tense and to change the dates.

18:48Rod Palmer I switched to anytime somebody did something that was worth, the insulin, getting in trouble, controversy. I was going in and make sure that nobody had added any sources or any information that would provide further context to their comments. But that wasn't appealing. And I found Bitcoin and became interested after states and governments come in, began permitting its use in the twenty ten's, passing laws that made it legal to use. I thought that was very important.

19:16Rod Palmer And so now we cover politics, pop culture and finance, in Didway, the Beagle. It's been a, it's a great experience so far.

19:25Richard Greaser So what was it like I I'm assuming both based on your description of both your parents that they were both smokers.

19:33Rod Palmer Oh, yeah, absolutely. My, my mom smoked, Virginia Slams. Well, we live like Virginia Slams. They were alone in cigarettes. They were actually ruled, in using Eskimo technology which has actually been banned South Of

19:49Rod Palmer Manitoba my dad, he was he smoked Lucky Strikes like his dad before him He switched to, Marlboro Reds of course which is the, Bitcoin standard of cigarettes. He actually died from lung cancer in 2007. Unfortunately he was not around to see Bitcoin, but

20:08Rod Palmer he would've loved it. He would've loved it. He loved smoking. He smoked three packs a day. My mom, we lost touch in the 1990s. She went back to. I hope she's listening to this. I hope they have podcasts in the Eskimo country. I want to reconnect with her. But, yeah, big smile for sure. Big time. I mean, I I smelled because of them. Wanted to be just like them. I, I actually switched to vaping. Unfortunately, it's not a time I'm around of, but back on the more roads.

20:41Richard Greaser I'm glad you glad you, got back on the, the correct path. Yeah. I mean, like, not a lot of not not a lot of people have, the privilege of growing up with parents that that smoke. Like, I know another writer who works for the Bugle, Max Shaft. He grew up in a Mormon tradition, and

21:02Richard Greaser neither of his parents smoked. And and he is just, like, completely traumatized. Like, he's been in therapy for, I don't know, at least a couple years, to try and come up or, overcome that trauma of, not

21:18Richard Greaser experiencing good role models in this household

21:22Rod Palmer growing up? Yeah. Just because your parents smiled doesn't mean that they're great parents. I mean, my grandma my grandmother, she suffered with, with parents who smoked, but they rode the windows down. They drove far and smoke from the car. They didn't keep the windows rolled up. I think there's something to be said about training your lungs to be able to handle carcinogens and smoke because we live in a pretty privileged era in this society where the rivers are full of sewage, the air is not full of industrial smoke, coal, small fires

21:54Rod Palmer from burning wildfires, things like that. You come into a situation like that without lungs that have been, trained to withstand it.

22:06Rod Palmer You may not survive.

22:10Richard Greaser Yeah. A lot of people also don't know that the University of Phoenix is like the top journalistic institution for education in the country.

22:22Rod Palmer Yeah. I learned so much. I go to either University of Phoenix. I'm gonna get my online bachelor's degree in journalism studies. There was, obviously, we didn't have to go through the era where there's AI and there's plagiarism, but, it would have been really great to learn how to plagiarize using AI. I think it would be a better journalism. But if I wasn't an autodidact, I didn't learn how to do that myself.

22:47Richard Greaser Yeah. When I went to journalism school a long, long time ago, my my favorite class was with this class I took freshman year, which was, how to manipulate quotes to drive whichever agenda you want one on one.

23:05Richard Greaser And that was a very useful class that I took.

23:08Rod Palmer It takes a lot of skill to take somebody out of context and and twist it and spin it for your, for your unmerited. I mean, that's like you can't just it's not a skill that it's not even know if you can be taught a skill like that. You can be introduced to this skill and you can find it within yourself. But being able to just spend some of these words and completely manipulate what your point they were trying to make is, is something that others in the in the journalism industry should really focus on doing a little bit better in my opinion.

23:40Richard Greaser Yeah. I mean, it's it's not really something that AI can can figure out how to do. You know, it it it takes a lot of, a brainpower and creativity that you can't just encode in zeros and ones to be able to, you know, stretch people's quotes and and misattribute them.

24:02Rod Palmer Yeah. It it takes incentives. I don't know if the AI has the right incentives.

24:08Richard Greaser It it it might eventually, but I I think the jobs of of of good quality journalists are intact. And, like, the the stuff happening at Sports Illustrated, and Vice, and, you know, all these company BuzzFeed that are having a lot of financial issues, CNN. I think it's just passing. Like, what what it comes down to at the end of the day

24:34Richard Greaser is we're we're in a market where they're raising interest rates. And so all the corporate sponsors don't Hardly. Have the free money to pump into

24:47Richard Greaser the advertising dollars to to keep these media companies alive. And so it's not it's not a reflection of their poor journalism. It's just the fact that Jerome Powell is an asshole and isn't printing enough money right now.

25:02Rod Palmer Absolutely. It's a it's a cyclical industry. I think it's, the first victims in a in a high interest rate environment are gonna be those outlets that are doing the best journalism that are challenging the state and challenging power the most effectively. That's why we see dead spin. We see vice going down, sports illustrated, but that'll that'll recover. They're gonna cut interest rates later this year, most likely, at least one time next year for sure. So we

25:29Rod Palmer should see vice come back stronger than ever. I think that they're gonna have a lot to say after their year or so of silence.

25:38Richard Greaser Yeah. I mean, it's it's really important to have very strong, like, status CIA infiltrated media platforms like Vice covering world affairs because we we need to know what the what the correct narrative is,

25:56Richard Greaser to replicate Yeah. For the most part. People aren't equipped

25:59Rod Palmer to figure that out themselves.

26:01Richard Greaser No. No. They they shouldn't figure it out themselves. I mean, most people think that smoking is bad for you. Why should they be given the truth?

26:09Rod Palmer That's kind of like this most simple sign up, right? Like if you think smoking is bad, I can pretty much write off your opinion on everything else.

26:16Richard Greaser Yeah. Yeah. I mean, there's a few good ones, like people that believe the vaccines are real. That's another good one. People that believe in in climate change and then people that believe that smoking is bad. It's just pretty pretty much if you're from the state of California, your opinion, can get thrown out the window. And and this is probably why people give,

26:41Richard Greaser the fine folks at Swans so many issues is they're they're Californians and so therefore Right. Their opinions are already wrong. And so it's kinda hard for them to communicate.

26:55Rod Palmer The ability to thrive in Los Angeles or San Francisco is eradicated on kind of this continuation or this belief in the PSIOP and mass psychosis as Robert Malone talked about.

27:10Rod Palmer If you don't have that ability to tap into the statist, that vibe, that rhythm in society, it's just way too much. It's way too difficult to survive in that in that environment.

27:28Richard Greaser Yeah. I mean, I I think the Bitcoin community is just gonna have to become more Californian in order for, like, the swan guys to to be successful and fit in.

27:41Rod Palmer And they're and they yeah. They're able to connect directly with states above them like, Portland has some great There's some great culture, great political ideas come out of Portland, Seattle. They're right in line with San Francisco and Los Angeles. I think that the synergy between those West Coast big winners can really make an impact.

28:04Richard Greaser I agree.

28:07Rod Palmer Let's get into some of the best audiences this week. What do you got for those?

28:16Richard Greaser I picked out three.

28:18Rod Palmer Oh. You did three Google articles, right? Favorite Google articles that we published, is past week till March 24. Seventeenth, twenty fourth.

28:31Richard Greaser Oh, well, I went further back. Okay. I have one from the thirteenth. I I I picked this yellow article because I think it was one of the most important, stories. So, essentially, we found out that Yellow has been lying to everybody on Twitter by prerecording his Twitter spaces.

28:52Rod Palmer Wow. He's wet now, by the way.

28:57Richard Greaser Yeah. It was a huge letdown. I mean, no no wonder why it's taken so long to get to a 100 k. He the the question is is when did Yellow stop believing and start prerecording these spaces?

29:11Rod Palmer Maybe he's buying the big member, right? Maybe he sold out, maybe he doesn't have the side. But, yeah, like you have an entire movement. You have you have rounded up hundreds of plants to come to dedicate or come to appreciate and to count on on spaces like this. And then you're just mailing it in. And it's it's like you've got this this captured audience. Like, you don't have to put quality behind your content anymore. You could just prerecord it and

29:38Rod Palmer and go to the, you know, the toxic part at the hour and listen to that instead.

29:45Richard Greaser Yeah. I mean, if I were him and I was caught red handed like this, I would have just admitted to it and said, sorry, guys. I'm too busy building in the bear market. I I gotta do what I gotta do. Sometimes I prerecord spaces. But, like, he totally took it, denied it, and then got called out for it left and right. He tried to do another prerecorded Twitter space, and everybody was commenting on how it was prerecorded when he was

30:13Richard Greaser playing it. And, it was just There used to be there used to be accountability

30:18Rod Palmer in these spaces. There used to be accountability to the influencers in in the spaces host. And that accountability was rival meme gangs. I mean, yellow is a part of a meme gang. And there's rival meme gangs that are a little bit less friendly to influencers. Of course, talking about typically elite memes. Unfortunately,

30:36Rod Palmer they don't know what happened. They fell off the face of the earth. And you see this, they did. All hell breakaways. I mean, three party spaces, people getting into the shit going again, the meme coins coming back on Solana spaces with Mario, not all came back. Swan is adding more spaces.

30:54Rod Palmer It's an explosion of fiat, well, Podcock, if it is Podcock spaces is what it is. And it seemed like the only thing holding it back.

31:04Rod Palmer The dam that was keeping all this pent up scam or energy at bay was the dam.

31:15Richard Greaser Is there is there a way to track who has more Twitter spaces between Bitcoin Magazine and Swan?

31:22Rod Palmer It's hard. It's hard because both of them have done a very good job of employing directly or indirectly agents of the pod cop state. So they have a lot of spaces that are not directly in it's not an employee, it's not paid basis by one of these entities. But the enthusiasm and the mission and

31:45Rod Palmer the focus of the spaces is inseparable. It's indistinguishable from their, their inspiration.

31:57Richard Greaser Which which side so, like, the the king of the PodCon is Peter McCormack. Which which side of the Swan Bitcoin magazine war do you think he sits on? Or is he trying to pretend to be neutral?

32:11Rod Palmer I think what he's doing, which is tactical move on his part, is he's looking to see who's gonna win. And he's gonna have the most money in the next ten years to pay him with sponsorships and to invite him to their conferences to get him free tickets, to let him sell his Bedford jerseys, his Bedford t shirts, his Gemini branded, soccer jerseys. Whoever has the ability to make him the most money, you see, I picked the winner there.

32:37Rod Palmer I think he's kind of holding reserving his judgment until he sees the clear winner.

32:45Rod Palmer He's pretty smart.

32:47Rod Palmer Good on Peter for that. He's playing both sides right now. And it's, you know, brilliant, brilliant working, brilliant businessman, brilliant pod cop, entity, actor. Brilliant podcast actor.

33:02Richard Greaser Yeah. He's definitely mastered it. The second the second article, it's it's like a good segue on this topic, is your article on how Bitcoin companies vow to comply as much as it takes to defeat the state?

33:19Rod Palmer Yeah. That's it was really great one to write, a great one to research, and it's just really good insight into some of the most powerful companies. We've already mentioned a few, the Climatic, Swan, River, Strike. And there's many more out there who they have paved the way

33:38Rod Palmer over this subversion, this out and it's to comply. And when the state wants them to comply and they say comply, these companies ask immediately how hard, and that's what they do. And the harder the the harder the state tries to regulate, the harder the state tries to disrupt the industry, the harder they're gonna comply. And I think that eventually, people inside these bureaucracies, they're gonna be impressed. And they're gonna realize that even they who are the advocate trillionaires, the the bureaucratic version of that, the ones that are closest to the lawmakers and the the enforcers of the law, they know

34:14Rod Palmer better than anybody how to comply in where the holes are in the enforcement, where they can get away with it. They've not applied. And even those guys are not able to comply as well and as quickly at a lot of these, these regulated exchanges. And it's

34:32Rod Palmer going to become very, very obvious to them. They're they're fighting a losing battle. If you can't comply harder and the next guy, you don't stand a chance. And I think this will ultimately bring the whole house of cards crashing in on itself.

34:49Richard Greaser Yeah. I know you you put a ton of work into this article. You went around and you, interviewed a lot of different CEOs. One one of the quotes you had on here was, once they see how hard we comply, they're going to be impressed. In fact, they're going to be intimidated. It's very difficult to comply as hard as we're complying. I don't even think Congress or the Pentagon can simply comply this hard if they made it their only goal.

35:16Richard Greaser Right. I'm gonna pause real quick. Of course, they they can't comply that hard, because the Pentagon can't even audit themselves. But, Yeah. I'll finish it real quick and then we're we're gaining a lot of respect in the IRS, FinCEN, and the halls of Congress. The harder we comply, the more money we're able to make. And the more money we're able to make, the more money we could donate to the state to ultimately defeat them, said the CFO of Cash Out.

35:45Rod Palmer Yeah. I mean, it's it's the amount of money clients coming in is gonna be like a tidal wave. If you can't compete with that, if you can't compete with clients from MicroStrategy, you can find from Blackhawk, clients from Adobe, Cash App, Swat, River from all these companies. What are you gonna do? It's it's one of those you could fight where you can lay down your arms and join. And I think that once everybody lays down their arms and realizes we can comply together, this is the state won't know how to react.

36:19Rod Palmer They're gonna lose all their funding.

36:24Richard Greaser Yeah. It's a very, like, interesting and impressive strategy, for sure. And, it's a tried and true method. I mean, people have been complying for a very, very long time with with great success.

36:39Rod Palmer How is the SEC? How is the SEC going to justify a budget when every time they put out a new regulation, everybody just replies it. What are they going to do? They're going to need more agents to put out more regulations? Maybe. Or maybe they just they lose their

36:56Rod Palmer funding because it's like we don't we don't need them anymore. Everybody just does exactly what we will punish them if they don't do.

37:07Richard Greaser Yeah. I mean, it it's pretty safe to say we wouldn't have the ETF right now without compliance.

37:13Rod Palmer Right. The we're in an old time audit. You can bank compliance for that. Yeah.

37:21Richard Greaser Bank winners are complying there.

37:24Rod Palmer Well, this is probably to give work positive feedback they get in the form of prey.

37:31Richard Greaser That's probably why Canada is gonna hit a 100 k first. They're complying harder.

37:36Rod Palmer Oh, there's no doubt about it. I mean, when it comes to compliance, we do a great job in The United States. But the Bitcoin standard of compliance is in Canada. And as a result, they are on the precipice of 6 figure, a 100 ks Bitcoin. If that, and they got the 58 ks first, they got to enjoy more time at 58 ks. It's just any people are gonna look at what the end of this deal. And they're gonna realize like the benefits of the pie. It's going to have a,

38:06Rod Palmer it's gonna have a very contagion. It's gonna have a contagion out of that. People are just gonna be like, well, this is the way to go.

38:14Richard Greaser Yeah. I mean, compliance just it it makes the world more safer.

38:19Rod Palmer It makes everything easier too.

38:23Richard Greaser I think I think I'm gonna have to add an additional article. I think I'm gonna have to boost it up to four because there there is somebody I wanna give a shout out of this week because it was the top performing article on Twitter. Not that that I I think Stacker News is the important metric to follow, but I I still wanna give this person a shout out because they submitted their first article, and it blew up, but I'll I'll get back to that. The one that I can start.

38:50Rod Palmer Yeah. Yeah. I'm talking about the Nice choice.

38:52Richard Greaser Good addition to the team. The last article I have on my list is, Bitcoin magazine to offer counseling to employees negatively impacted by David Bailey's Twitter antics.

39:05Rod Palmer Well, thankfully, that's it. They deserve it. He's going out there. He's throwing up the nest, the hornets nest. And he's not the one getting stung. He told his employees, they they they get stung mentally. Every time they log online, they're called scammers and shitcoiners, and it's it's it's gotta be taking a toll on

39:24Richard Greaser them. Yeah. I I made sure, to log into my email and email all the people that I've been in contact with at the physical print magazine and blame them for David's antics.

39:38Rod Palmer I mean, who who who else lost a print all this, all this information that's coming from the top if it's not telling you? It's their fault?

39:48Richard Greaser It's yeah. I mean, I I hold Shinobi particularly responsible for for David Bailey's Twitter antics. But, yeah, I know I know it's been it's been pretty tough on them, taking all the

40:05Richard Greaser all the, criticism for David Bailey's Twitter antics. So it's it's nice to see Bitcoin magazine's HR department trying to take care of the employees in the company that that might be worn out from all of this.

40:18Rod Palmer Medium spread, maybe some of these other companies will, will add big trauma therapy and counseling for employees impacted by the, by the the issues that come from clients. Hard to comply and keep all your friends because not everybody's

40:35Rod Palmer in the line that's saying that that's the best way to go. And they're getting picked on and and dumped on, memes made out of them. It's being found on constantly and it's got to wear down. And it's probably good for cigarettes. I think stress is probably causing people to smoke extra cigarettes. So I guess it's not all that, but it can be tough.

40:56Richard Greaser Yeah. Yeah. No. There there's definitely room for for a lot of counseling, for people that have received lots of backlash. I know I know a lot. I mean, if I was a if I was a Compass employee, I'd be suing Compass for, for free counseling hours based on what, what Gibbs put everybody through.

41:19Rod Palmer Oh, yeah. It's taught, And I know some of them personally and they they've expressed how difficult it is. But I was able to remind people that the best way to solve your problems is therapy. Tell a psychoanalyst what your issues are, let them solve for you. They went to college. They understand how to solve problems.

41:36Richard Greaser Yeah. I know, there's been some people that, some very notable people in history that that psychotherapy has helped. I know Charles Manson was one of them. He, actually was going to a CIA

41:53Richard Greaser facilitated psychotherapy, clinic.

42:01Rod Palmer And I helped him out a lot. Didn't didn't didn't didn't Ted Kishisbe did he get, some government subsidized, which is, hey, that's the way to go. Get the government to pay for your your therapy. It'll be the best way to get it done. And Kosinski has some government funded psychotherapy that really helps them identify the threat of the state.

42:22Richard Greaser Yeah. Yeah. I mean, I think that's the the important part is just to to make sure that the government is the one, giving you a psychotherapy. I know I know there's a lot of experimentation, that the CIA has done through the years with LSD that can be really healing for people's souls.

42:41Rod Palmer We're fair. We're fair. And yet not all of us are lucky enough to get state funded or state performed out of therapy. The next best is any therapist who is licensed,

42:54Rod Palmer and briefed by the psychiatric associate. Now if you take a government, go through the American Psychiatric Association.

43:05Richard Greaser Yeah. Those guys those guys are pretty stellar. Most of them don't understand the importance of smoking yet, but I know that's changing and and getting a lot better. That's tough. That is tough.

43:16Rod Palmer They they don't necessarily understand. They keep that you understand the importance of antidepressants, SSRIs, amphetamines and benzodiazepines, it was really rich in life, really.

43:31Richard Greaser Yeah. Yeah, benzos are a good one. It's kind of like alcohol without the liver damage, you know? Right.

43:40Rod Palmer More antidepressants you take, the more likely you are to take body problems. That's important as well.

43:47Richard Greaser Yeah. I mean, I I guess I should be talking with these guys at Bitcoin Magazine and and partying on them a lot of the the skills I learned to survive in the, news industry, when I was working at Fiat News.

44:03Richard Greaser Like, I I'm sure most of them aren't taking benzos yet, which would would help them quite a bit.

44:09Rod Palmer Things keep going away. They're they're gonna need them.

44:14Richard Greaser Yeah. Maybe you could start, a geyser fund to, like, ship, like, a bunch of Xanax from India, to the Bitcoin magazine headquarters in Nashville.

44:28Rod Palmer Oh, yeah. Not like candy.

44:33Richard Greaser I yeah. Yeah. They're probably we gotta we gotta make sure that like, maybe I'll I'll add Xanax onto my my list of, items sold at the conference. La last year in Miami, I had a,

44:51Richard Greaser like, a little cart set up in front of the front gate where I was selling single cigarettes. I I imagine, like, I imagine a good way to, like, attract the feds to, like, try and shoot me would be selling single cigarettes. And I know there's a lot of feds at that conference, but, like, somehow,

45:14Richard Greaser they never came after me. I I had a decoy dog. Like, that's that's the thing a lot of people don't realize is, like, when there's fence around you, as long as you have a dog, the dog kinda is the decoy to give you a few seconds to escape because they're they're always gonna try and shoot the dog first. That's the point. Had like a yeah. Like, I don't I don't believe in harming animals, so I would never put, like, a real dog in that situation. But I had a mechanical dog.

45:44Richard Greaser And I I somehow left unscathed, but maybe I I'll step it up this year and add some Xanax on top of the cigarettes.

45:53Rod Palmer Would be I think I think that's just no no no right away that dogs are, they're not big on compliance, certain dogs. Panic dogs, they have to worry about anyways. They're not big on compliance. So I think that they just, they see something that doesn't comply, boom, they shoot. It's probably why it's such a safe time to be at a big point conference. Where you apply, it was like you're ready to get show up.

46:17Richard Greaser Yeah. Yeah. I mean, like, if if I got shot for doing something like that, it would be my fault, you know, because, like, how dare somebody go sell things on the free market? But it's like, we we need we need rules.

46:33Richard Greaser We need protections for industry. We don't want people cutting into Big Tobacco's

46:42Rod Palmer profits. I don't Yeah. If you want feed them, go to Somalia.

46:48Richard Greaser Oh, I heard Eric Voorhees is doing some crazy shit out there.

46:52Rod Palmer I got an article I'm working on about that. Stay tuned. Stay tuned for that.

46:58Richard Greaser The last article I I wanna highlight is Calvin Air Gives Up Trying to Fuck with Bitcoin Today After Learning Gets 15 Years Old. And this was, submitted by Mitchell Hamilton, which was a great piece. And that one took off. I I guess I guess the people really appreciated Calvin Air,

47:20Richard Greaser not wanting to interact with Bitcoin anymore.

47:24Rod Palmer Yeah. I just got done watching the new HBO, documentary about, abuse, and some of the predators and Nickelodeon in the the child star TV era of the nineties and February. It It just makes me think that Calvinator is kinda like the,

47:40Rod Palmer the child predator of Bitcoin. You know, it's a big load, you know, to run this guy kind of, thank God, it's like, it's aged out of being in his purview of, of, to pray to pray upon.

47:56Richard Greaser Yeah. I mean, that's, I wonder I wonder if there's any examples of this happening in history where, like, a certain technology gets too old and then people lose interest in it.

48:10Rod Palmer Right. And some people worry that that's gonna happen with Bitcoin. Right? And they go on with their shit coins and all the the crypto because it's, it's newer and it's younger. It's almost like Leonardo DiCaprio. At least he's dumping the the old broad and he's going on to something better. It's going to be dumping a woman after she hit a certain age and just continuously dating younger and younger women for longer periods of time. That is obviously much more enriching than stable relationship

48:37Rod Palmer with a wife, in marriage, similar to Bitcoin. Like, if it's going to get a little boring, you're going to get much more value. It's going to be much more life enriching to get it by an ordinal or a so out of meme coin.

48:51Richard Greaser Agreed.

48:53Rod Palmer And and Calvin understands that. So who knows what he's on to next?

48:59Richard Greaser Oh, I bet he's got I've got I bet he's got some interesting stuff planned. Probably has to do with, you know, some very young women somewhere.

49:09Rod Palmer Oh, he'll be back and the drama will be Calvin Iyer, like, what it is is in his quote. Right? He likes those he likes those projects because he gets older and they stay the same age.

49:22Richard Greaser Yeah. That's a good one. So you and I need to debate on something, it sounds like. Okay. What's the debate? Why why are the ETFs

49:39Richard Greaser better than ordinals?

49:41Rod Palmer Or like Yeah, yeah. I think if you look, it is my position. If you look at the volatility of transaction prices, you look at the volatility of the value in some of these BRC20s, and some of

49:55Rod Palmer these meme coins and these NFTs on the ordinals who are at vote network, which doesn't really exist. You see that volatility, you realize, wow, that's dangerous. I could lose all my money. It's speculative.

50:11Rod Palmer It's chaos. And then you look at the altruism. What's the altruism? If you could mint something yourself and you could inscribe something yourself on chain and you could have full custody of that, you could be completely self sovereign. But you're exposing yourself to all of this risk when you could just trust the government. You could just realize that a hundred years ago, they wrote the 1933 Securities Act. You could buy Bitcoin through a vehicle like MicroStrategy. You could buy ETF. And now, you have the ability to trust this third party,

50:43Rod Palmer which we call the state, right? And you can trust them to make sure that your value is preserved, that you're not losing out on this best money to ever exist by trying to deal with these crazy new technologies directly on chain, which is it's just not the way to go. And that would just be and not everybody hears that opinion. I think the results speak for themselves.

51:08Richard Greaser Yeah. I mean, I get that perspective. But I I personally think ordinals are significantly better than the ETFs. And, the reason why is because the only way to get Bitcoin development to happen is to break Bitcoin with spam. Right.

51:25Rod Palmer That that that is another way of looking at it. I think people see these crazy spike in fees. They see nodes not being able to be run. It's like, I could build a new product, a node. I could handle all this extra spam and I could sell it to people. I could sell it to big players and they would now, better technology. It's

51:46Rod Palmer maybe the nodes are economical. Maybe the nodes are going to spark new development, bringing new VCs, new investors by, making more money themselves

51:58Rod Palmer by causing this spike in in spam.

52:02Richard Greaser Yeah. I mean, we we need to suck in all the VCs from Solana onto Bitcoin to spam the network in order for some people to get their shit together over at Bitcoin Core and actually create some updates to the network.

52:20Rod Palmer It does seem like for Bitcoin to fail. It does seem like Core has just gotten the same separate from the same institutional wrath we see in the government, we see in Wall Street. It feels like the guys on Bitcoin, they got rich and they don't really care. They don't care about them. They don't care that people can't afford UTXOs. They're the only ones who know how to fix it. Nobody else could come up with a solution unless unless they were a part of Bitcoin for in the early days, whether it's Loop, whether it's, Peter, we'll you know, these guys in the legends, ADOGs.

52:57Rod Palmer They just don't seem to hear about Bitcoin. They're too busy signing their balls in The Caribbean. So who's gonna do it, if not them?

53:06Richard Greaser Yeah. I mean, the Bitcoin core developers are getting big fat donations from organizations like HRF. And now, you know, these other ETF issuers

53:19Richard Greaser are funding the core devs. And, like, they're they're just being greedy, taking all the money and not spreading it around because there's there's important people like us, like journalists that could use some funding Right. That aren't getting the funding because the core devs are hogging and all.

53:38Rod Palmer Yeah. And it's, maybe maybe these fix the filters guys. Maybe they can help help fix the fix the problem. I don't know.

53:47Richard Greaser Well, I mean, I I think the, like, easy solution to, like, funding problems is to go to Tether because they'll Tether gives just about anybody unlimited cigarette money.

53:59Rod Palmer Astro. They're I think Tether's really popular in Venezuela. And what do people in Venezuela love? Smoking cigarettes.

54:07Richard Greaser Yeah. What you'll you'll know when we've taken the tether money and we have unlimited cigarettes, what we have it on our website.

54:17Rod Palmer Yeah. It'll be like, the Chappelle show. The guy pulls up and he got reparations, took that money. He's like, I just bought a carton or a truck, a carton's in Newport. So I'm rich, it should be my family and sue rent for the rest of our life. That's really kind of why we do this, to be able to have a moment like that.

54:34Richard Greaser Yeah. I tried to I tried to reach out to them about, like, them funding this endeavor, but they they responded with that they don't they only partner with, like, law enforcement and the CIA and not actual independent journalists. Like, they they have some sort of stigma against us. It's really it's probably the core developer's fault.

54:55Rod Palmer You just gotta follow the money, follow the incentives. People people act on their behavior is it follows that. So you can see what see what they like, what they dislike, what they won't talk about, what they will talk about. Follow the money.

55:11Richard Greaser Yeah. It's just it's gonna be interesting. They I'll I'll get their money somehow. Maybe maybe I'll have to I'll I'll comply my way into earning their funding.

55:27Rod Palmer Here you go. Gonna be a crazy bull market. The ability to stay compliant during these times is is gonna be what makes or breaks a lot of, people.

55:36Richard Greaser Well, I I know our good friend, Darth Coin, he's a big fan of the guys over at Amboss Space for their big steps towards compliance. They're they're making compliance using the network the Lightning Network easier than ever. Love to see it. Love to see it. Yeah. I'll I'll need to start using, their compliance tools.

55:57Rod Palmer With an up compliant? Yeah. With the noncompliance, they they channeling swift.

56:04Richard Greaser Yeah. Well, we didn't we didn't really debate anything there. I guess I guess we're kind of, like, on similar pages. Like, there's there's benefits to the ETF. Like, the ETFs don't trade on the weekends, so it gives bakers time off. I know there were some proposals to get miners to curtail

56:24Richard Greaser on the weekends.

56:25Rod Palmer Oh, yeah. Outside of business hours. We can apply it to that. One of the important aspects which we imply is not fleeting the environment too much energy use, That's one of them. One of the other is it's treating your your workers and your labor fairly. And whether we realize it or not, miners,

56:48Rod Palmer it they're workers, they're labor. They're performing proof of work. Right? So Swan is leading the way here. What they're doing is, one of the reasons they, made the ETFs so is because the ETFs don't pay on the weekend. So not only do bankers get to pay a lot, they get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to get to, downtown in New York at Pub Key. They get to, they get to have a good life and say the workers deserve that as well. And by coordinating

57:18Rod Palmer with these with these these markets and creating the liquidity and the exchange and the trade that goes on between, between Bitcoiners, peer to peer is by selling through Schwab or Fidelity their shares to the ETF. That doesn't happen on the weekend. So the miners can be turned off. They can have the weekend off just like the bankers, just like, the guys at the top.

57:43Rod Palmer And this is a great way to have five day work weeks to limit the amount of work being done to a couple of hours, eight hours of trading during the weekday. Everybody can coordinate. Nobody can get rubbed. Everybody's tightening at the same time. It's a very regulated manner. And then the transaction

58:04Rod Palmer activity, liquidity dries up on Friday afternoon. It doesn't pick up again until Sunday. So you can turn your miners off and you can just kind of not pay attention. You can go back to trusting the system that the state has architected. It's got everything running smoothly and, usually it's secure, so is your saving. Yeah.

58:27Richard Greaser I think this is why Brain's pool switched from, their PPLNS payout to FPPS is to support, like, the minors that are actually

58:40Richard Greaser complying and taking time off on the weekend and outside of business hours.

58:44Rod Palmer This is this is this is why ordinals, is so controversial and such a problem. You could have eSpikes at 02:10 X on a Saturday afternoon because of these ordinals,

58:57Rod Palmer these kids, and they're using Bitcoin on the weekend when you're supposed to not be paying attention. You're supposed to be real active. You're supposed to be trusting the government, not using Bitcoin on Saturday. And so these miners are losing out on a lot of revenue. And it's it's really problematic. And this this revenue is going to non compliant people in China, non compliant Russians, non people who don't believe in democracy. They're the ones benefiting these orders. So it's it's it's very problematic that it's it's benefiting all our enemies and just people who don't think like us. If they're able to benefit from these terminals, which are creating during non 30 hours.

59:36Richard Greaser Yeah. Yeah. I mean, we we definitely see, there there's also the side of things that, like, exchanges that don't follow the business hours get cheaper transactions Right. Than the ones that do follow the business hours. So, like, right now, the ordinalers

59:53Richard Greaser aren't trading, and so the fees are incredibly low. And so, like, people like Madox and, like, all the poor people in Africa that are set trying to send cheap Bitcoin transactions. Right. Like, they're they're getting away with it. And so there's kind of a two tiered system that's being created where, like, you know, the bankers pay way more than

1:00:15Richard Greaser the poor people for transactions, and it's kinda stupid. Like, we need more equality for the bankers.

1:00:21Rod Palmer Honestly, yeah. I mean, think about all of these poor people in the global South. They've got somebody in Nigeria who's got a a lightning channel open, somebody in Brazil, and they're able to just opening fuzz does for virtually no fee. Like, don't

1:00:40Rod Palmer don't you care about Bitcoin's security? Like, why would you exploit this bug in in Bitcoin when the fees fluctuate? And you just get these transactions, at such a cheap price when when BlackRock and and Swan and Fortress Trust and River, like, they're having to pay these high fees just to trade during business hours, like professionals, like, people who live their lives together.

1:01:06Richard Greaser Yeah. I mean, I I think the solution is to, limit on chain transactions to business hours. And anybody that wants to transact outside of business hours needs to use custodial lightning wallets.

1:01:21Rod Palmer Right. I honestly, I would this may be a little crazy, a little extreme, but I I would support an initiative to stop, producing blocks on the weekends. Stop producing blocks after 04:30PM on the East Coast.

1:01:37Richard Greaser Yeah. Yeah. I mean, I think that would

1:01:40Rod Palmer be great. Yeah. Maybe you could enforce custodial lighting that way. You can't send something on chain on Saturday if your life depends on it. So he's walled with Satoshi. He's Cash App. He's Stripe.

1:01:52Richard Greaser We should definitely petition Dennis Porter to to bring this to congress, and hopefully, they could pass a bill mandating it so that the Bitcoin

1:02:01Rod Palmer blockchain applies with it. Yeah. Dennis, if you're listening, reach out to us. If you're from the BPI, like my policy is to reach out to us. We have I think we have a solid plan

1:02:14Rod Palmer with fairness. It's really about fairness. It's really about following the rules and complying and then and the benefits you can receive from that. And I think we can maximize that.

1:02:25Richard Greaser I'm actually signing up to GitHub right now to go to, Bitcoin Core and put a a poll request for them to stop producing blocks on the weekend. We should crowdsource we should crowdsource submit that. We should get the community

1:02:40Rod Palmer explained why clients is important to you and how we can, we can structure a bit. Hopefully, get the get the Bitcoin network to signal to to upgrade it.

1:02:53Richard Greaser Well, I know that, I just totally lost my thought. I think I'm at, like, the point where I need another cigarette because my brain stopped working.

1:03:06Rod Palmer Maybe that's our signal to, to our final thoughts.

1:03:12Richard Greaser Yeah. Final thoughts. That's a good point. Yeah. I mean, I I think it's important that we let the Bitcoin developers know that blocks shouldn't be produced on weekends and outside of business hours in general. I think ordinals are very, very important because, we need to we need to get all the stupid people

1:03:39Richard Greaser with bad ideas off of Ethereum and Solana and have them on top using Bitcoin. Right.

1:03:49Rod Palmer I mean, think about it. Markets are made when there is a delta between information relevant to a situation that people have. Some people have more information than others. Some people have different opinion on others. If we could get the stupidest people of these other blockchains and onto Bitcoin,

1:04:07Rod Palmer well, then we have an unlimited amount of spread there that we could arbitrage and just pump and dump the shit out of it and just make all these fucking idiots our back holders. That's really a great way to boost these for miners, boost profits for ourselves and be able to bring some of that money off of Bitcoin into the fiat world where we can kind of incentivize compliance, so to speak.

1:04:34Richard Greaser Totally agree. I mean, it's a it's a big step. Like, we we have to get more creative in the ways that we comply, and we have to be adversarial minded

1:04:46Rod Palmer in regards to this. Like, we we need to somebody health care is trying to comply less than you, and you have to always be that person and figure out how can you comply so much that their activity is just CDOS style.

1:05:00Richard Greaser Yeah. The the regulators need to be overwhelmed by our level of compliance. Like, I know there's a lot of industries out there that do a very good job of complying, and we really need to we need to take it to a whole another Right. We're competing with the banking system, and there's they're the keys of compliance right now, and we gotta beat them. The more where you use compliant,

1:05:25Rod Palmer it's a big point in like the ETF, like MicroStrategy, like Custodial Lightning, the more you can suck liquidity away from the non compliant. And if you can suck that liquidity and the non compliant, you can suck that reliability in that, dependability and security away from the noncompliant.

1:05:41Rod Palmer It it better chance you have to kind of put your throat on the neck of the noncompliant until there's there's no map.

1:05:49Richard Greaser Like, maybe maybe a good step that we could do here at Bugle to help assist in pea helping people comply is we could launch our own paid roster relay where people have to show us their government ID to sign up as well as pay us with a debit card.

1:06:08Rod Palmer Yeah. If you want your if you want your notes on Noter to get out there, other people to read them, you want them to get that Relay? We need to know who you are. We need to know how committed you are to compliance. And the more committed you are to compliance, the more committed you are to a higher Bitcoin price. And that's how we can we can we'll, like, the full market.

1:06:29Richard Greaser Yeah. I I mean, I wanted it to be just as easy to sign up for some sort of social media platform as it is to sign up to Cash App and buy Bitcoin. Like, it should be just as easy to do both. I mean, everybody's got either a, you know, state ID

1:06:46Rod Palmer or a webcam. Boom. You have a picture, upload it. You're you're in. You're in the system. You can now transact peer to peer. You can share information peer to peer uncensored. Unsensed be uncensorable for compliance.

1:07:03Richard Greaser Yeah. I mean, nobody's gonna censor you as long as you're complying. Right. And if nobody censors you, then it's you're essentially creating something that censorship resistant.

1:07:16Rod Palmer Exactly. Censor yourself so the state can't censor you.

1:07:23Richard Greaser Man, that that should be, like, the slogan of, like, a political movement right there. Right. Like, there is Ron Paul and the Fed, you know, that was a good one.

1:07:36Richard Greaser Donald Trump make America great again, that was a good one. Ron Palmer, censor yourself so they can't censor you. Like, that that can really turn into something big.

1:07:48Rod Palmer The state did not force compliance on those who are gonna be compliant. It's that simple. The state cannot come after you, enforce you comply. If you do it first, it's an offensive strategy. Don't be don't be a big writer. It's always on the defensive. How do I prevent people satisfying me? How do I, how do I protect my ability to use this peer to peer? Sensory yourself by yourself

1:08:13Rod Palmer and it won't even look at you.

1:08:17Richard Greaser Has any has anybody pitched this philosophy to Owen Benjamin yet?

1:08:22Rod Palmer It's perfect, honestly. If anybody's got a platform and a following base that can understand what is the important issues that I'm talking about, it's, it's Owen Benjamins.

1:08:38Richard Greaser That's all my final thoughts pretty much. Do you have any final thoughts, Rod?

1:08:43Rod Palmer No. I think just to just to digest what we talked about today, if you haven't seen some of the articles we talked about today or any of the articles on people, we encourage you to check those out. There'll be more information about Just Stop Originals, the group dedicated to destroying that that movement, the traditional monetary transaction activists. You learn more about ETF support, and you can learn more about, just what how the news is supposed to be reported

1:09:12Rod Palmer and maximize the amount of signal you're getting. Just checking that view.

1:09:18Richard Greaser Yeah. I mean, that's a that's a good good point to wrap up on is that, you know, our our readers should understand that what we're doing is we're doing the thinking for them. We're saving them a lot of energy. That they don't have to go out and try and figure things out for themselves. That the that the professionals are diligently working at it. And all they have to do is look at our site,

1:09:43Richard Greaser and now they know how to see the world properly.

1:09:46Rod Palmer Yeah. I mean, we understand the game theory, so you don't have to.

1:09:52Richard Greaser Well, I think that's a that's a good, spot to wrap it.

1:09:56Rod Palmer I think so too. We'll be we'll be having some of these recordings in this podcast, you know, maybe weekly, maybe less, I mean, in the future. But if you like it, let us know.

1:10:09Kailey Welch That was the Bugle Weekly. Thanks for tuning in. The PodConf industrial complex is upon us and we need your help in order to defeat it. On this week's episode, we discussed how the bugle launching a podcast is the best way to subvert the PodConf. Help us break the model of journalism and podcasting by sharing this episode. You can follow us on Twitter, Telegram,

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1:10:58Unknown The Bugle is easily the most important journalistic institution around today. They make up literally everything they write, and yet it is somehow all true.