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Transcript: Powell Signals Everything's Fine | Bugle Weekly Episode 27

0:01Speaker 0 The school year is just getting started, but it's not too early to start thinking about ways to keep your kids busy next summer. You don't want your child to miss our Cypherpunk Summer Camp. We are now enrolling all kids ages seven through 16. Cypherpunk summer camp teaches students how to build their own seed signer, broadcast a transaction using ham radio, run a lightning node, use coin joins, set up a Sparrow wallet, and much more. At Cypherpunk summer camp, kids don't just learn how to transact adversarially. We also cover homesteading, rolling your own open source cigarettes, and even martial arts. Hear what parents have to say about Cypherpunk Summer Camp. My name is Jeff from Naples, Florida.

0:40Speaker 1 I send my son to Cypherpunk Summer Camp because as a macro podcaster, I'm not a technical expert, but I want my son to learn the skills necessary to defeat the feds. Space is limited, so don't wait. Enroll your child in Cypherpunk summer camp today.

0:60Kayley Welch On this week's episode of the Bugle Weekly, credentialed journalists Rod Palmer and Richard Grieser discussed the Israelis' potential to blow up hardware wallets, David Bailey's coverage of the Diddy story, Fed rate cuts showing the economy is fine, and much more. 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 thermodynamically sound podcast in the world.

1:26Richard Greaser We are recording. So what's going on, Rod? How are you doing today? I'm doing great.

1:31Rod Palmer Welcome back to, Bugle Weekly. It's been a really big week. The world was waiting with bated breath on Jerome Powell and the federal reserve decision to cut interest rates this week. And they did it. They finally did it.

1:50Rod Palmer They actually cut 50 basis points, just to send a message that the economy is fine. All the times that, I mean, it's you don't have to, we're not going to be doing boring federal reserve details in history, but just know that they don't collect 50 basis points unless things are fine.

2:13Rod Palmer And in the past things have always been fine, especially not just fed rain cuts this week. The war on the Northern side of Israel between Israel and Hezbollah

2:27Rod Palmer has, has kicked off. It started with exploding pagers and exploding walkie talkies, that the Israelis had planted explosives in after executing a very complex and sophisticated supply chain attack.

2:46Rod Palmer So yeah, there's war, there's another broadening, increasing conflict in The Middle East and the economy is fine. I'm kind of waiting with

2:56Richard Greaser anticipation to see if the Israelis start blowing up, hardware wallets that Hezbollah is using. So

3:06Rod Palmer people are excited for the Fed rate cut because this is what, BlackRock and all the institutions have been waiting for,

3:17Rod Palmer this cutting cycle that's going to bring Bitcoin to the moon and part of, you know, what some people believe could also cause Bitcoin to go to the moon, which we talked about on recent, last week's podcast

3:35Rod Palmer was missiles. If they blow you up, or they blow up your hardware wallet, you can no longer sell your Bitcoin. Well, that is just taking that Bitcoin off the market and creating less sell pressure and more juice for NGE.

3:54Richard Greaser There's a lot to unpack here. It's pretty interesting. So, I think Powell with his recut essentially just said, he broadcasted the world that one, he's a Bitcoiner and the Bitcoin's already won, right? And then two, you know, it's kind of scary watching what's happening, you know, with, with the Jews blowing up, you know, people's devices, you know, because they they could be, you know, trying to pump their own bags, essentially. They could like, imagine,

4:29Richard Greaser you know, if they went and they targeted everybody that they know knew was selling Bitcoin and blew up their their signing devices to prevent that from happening, how much that could pump the market? Right. Like people would,

4:44Rod Palmer they would try to, you know, through get a just get as far away as possible from their hardware wallets and designing devices. They wouldn't be tempted to sell even when the price is pumping and the OTC desks would not be able to source

5:05Richard Greaser enough Bitcoin. They would run out again. So, yeah. I mean, what do you think the strategy is here? So say like you're trying to send a transaction, you're trying to refill your hot wallet because you spend all your funds on on cigarettes.

5:22Richard Greaser So you go into your your cold wallet solution, you know, to broadcast a transaction. You plug it into your computer, or or however you do it, and it essentially just explodes.

5:35Rod Palmer Oh, you know, when you you plugged it in and you notice that it's getting hot and then it starts sizzling like a plate of of fajitas at Chili's coming out and you're like, oh, like this is you have to unplug it right away. And now you don't know if it's safe to plug back in. You don't know if if your secure element has been fried. It's it's, it's a very anxiety increasing

6:00Rod Palmer experience.

6:02Richard Greaser Joy, like, if that happens, like, what do you do? You go and you buy another device with your debit card from a supply chain that, you know, maybe the Israelis infiltrated or do you, use, like, a general purpose sign device, like, or or hardware, like, a a typewriter? Or do you, you know, go through the process of setting up a seed signer?

6:28Richard Greaser Or do you use, like, an old cell phone? Like, what what what do you think the strategy is here? Because it it seems like, railings can blow up they can blow up any device they want right now. I I think some people

6:42Rod Palmer will be experimenting with some of these strategies that you just mentioned. I think some people may go as far as just writing down the plain text, you know, see private key itself and then loading Bitcoin core on their laptop and typing it in, by hand for every transaction that they broadcast.

7:06Rod Palmer But and I think that the this news announcement that came out on Friday, right after, you know, the end of the day, the market had closed, people were agreed to head out to their weekend is they want people to just put it back in custody. They want people to go and buy the BlackRock ETF. They wanted people to buy that Coinbase

7:30Rod Palmer and they want people to add it custody by Wall Street bank like BNY Mellon, which just got approval from the government, to self custody themselves.

7:44Rod Palmer So people are going to probably outsource it to protect their security of their life and limb and move that risk to a BNY Mellon vault that where

7:58Rod Palmer they're using the Ledger wallet or the cold card on your behalf.

8:02Richard Greaser I don't think I'm willing to, So I have a problem. I'd be willing to go through the KYC process, but I would only be willing to go through the KYC process if all the employees that have access to my KYC data at Socied

8:20Richard Greaser Financial Institution also provide me their own KYC. So I need to know Yeah. If I'm custodying my yeah. If I'm custodying my Bitcoin with Coinbase, I need Brian Armstrong to send me his Social Security number, a picture of his ID, you know, with his address on it.

8:42Richard Greaser Like, I need to be, you know, certain and there needs to be that counterbalance of, like, if I'm providing, you know, these strangers my ID, then they should be providing me theirs. And I've yet to find an institution. Like, I don't think Swan will do that. I don't think Corey will send me his personal information. I don't think River will do that. No. No. And I think the I think what you were talking about, I think you're

9:09Rod Palmer keying in on, the right path, which is people are going to demand a better user experience when it comes to KYC they want, there maybe some companies will try to gamify

9:27Rod Palmer KYC and make it more fun, make it kind of a game, make it, be able to earn stats for how fast you can KYC, like, the turn to find the fastest person to get through the KYC process, and you could see, so that you could see things like that and I think that

9:50Rod Palmer where we'll be most innovative and slightly unfair by any technically, the Supreme Court has said that corporations are people, So, like, you should be able to create an LLC and just KYC to the LLC

10:07Rod Palmer formed in Delaware. It doesn't disclose who you are or who is a part of the LLC, And you should just be able to, you know, KYC or Wallet of Satoshi, your Strike Wallet, your Coinbase account, whatever to to this unnamed LLC. I think,

10:27Richard Greaser one way to to gamify KYC a little bit more, a product that I think would be very attractive to most people right now is essentially KYC Russian roulette, where, you know, you have, like, a one in six chance as you put your information in that it gets broadcasted on the dark web Oh. Just instantly.

10:52Rod Palmer Yeah. Yeah. And and that would, we have to find, you know, who stole it and then try to get it back. I mean, wouldn't that be a lot of fun?

11:03Richard Greaser You know, like you signed up to to an exchange and you're like, okay, you You got a one in six chance that, it gets leaked all over the Internet and then some Nigerian, prince, you know, gets access to your all your personal information.

11:17Rod Palmer They're that's horrible. That's already happening now, but they haven't built a fun user experience around that happening. It's like, okay, I get an email or somebody, you know,

11:33Rod Palmer retweets something good I said about the exchange It says, this idiot didn't see it coming, but I did Can't believe this dumbass has to use his Bitcoin on this company's app

11:46Rod Palmer It's like, that sucks. That feels stupid. But, like, if you could put it and make it, like, part of the experience so that everybody kinda understands, like, it's it has nothing to do with your decisions or, like, your your risk management. It's just part of the game. Yeah. I mean, I think

12:03Richard Greaser gamifying it and being a little bit more transparent about the risks. And like, I think a lot of people, when they're engaging in the KYC process, like they understand that they're living in the Western countries, we're not living in the global South, or assume most of our listeners aren't, we have so much financial privilege here.

12:26Richard Greaser And when your KYC data gets distributed to a lot of these people in the global South that then go and use it to commit identity theft or whatever,

12:45Richard Greaser We're essentially, it's kinda like engaging in a charity like Samaritan's Purse or something like that, which is dedicating a lot of resources to the global South. You're essentially boosting the economy of these developing countries by allowing them to, you know, take out loans in in your name or, you know, whatever else and exploit.

13:07Rod Palmer Right. And, you know, at the end of the day, a supreme court ruled, in a ruling that came out just a few months ago, so this summer, this spring, a company like Coinbase or whoever that you buy Bitcoin from, they

13:28Rod Palmer are legally protected. Like, it is their right as the property owners of your information, when you KYC with them to sell that data and to monetize it. So, you know, even if somebody from the global South doesn't hack,

13:47Rod Palmer into the servers and steal it, if they just decided to sell it secretly, they would not be violating any laws and they don't have to disclose that. Yeah.

13:58Richard Greaser And I think we just need to figure out ways to gamify it and make it more fun. If we're gonna be having her information used by Abdul and somewhere in The Middle East or wherever else.

14:14Rod Palmer At least, at the very least, let me screenshot, like, a pre generated meme of me being like, LOL, just got another email that all my data got leaked

14:27Rod Palmer on the dark web again. And it's just like everybody can wipe that out, get engagement on Twitter. It'll make me feel better about the fact that that that company was unable to protect my data. Just give me a good user experience. I understand that it's hard being a builder.

14:46Richard Greaser Yeah. What would be great is like these companies could do something essentially. So like, you know, a lot of these charities that you can donate to that buy kids in the global South food. You know, you can feed them for, like, a dollar a day or whatever it is. They they typically send you, like, stories about, like, you know, what what the people you're feeding are doing.

15:10Richard Greaser And in the same way, you know, it's like, okay, you know, Kalpesh in India used your personal data to essentially feed his family through identity theft and taking out a loan in your name. And yeah, your credit just got wrecked, but you wanna

15:32Richard Greaser see pictures of Kalpesh's family, his kids eating as a result of it, the new TV they just bought, stuff like that. And I think that would make it much more attractive to sign up for these platforms. And they started to Yeah.

15:51Rod Palmer People the world of getting becoming a better place and and people in the global South having uplifting lives as a result of, of your early adoption of Bitcoin,

16:04Richard Greaser is just it's uplifting as it kind of boosts everybody's spirits. Yeah. I mean, you know, Kalpesh, you know, could send his his child, Raj, you know, to The US, you know, with that money to go to college so that he can learn, you know, the skills necessary to, you know, run a successful seven eleven chain. And, you know, you your identity being stolen or or in this case,

16:30Richard Greaser donated, transparently, to in order to be able to fund that process.

16:38Rod Palmer Right. Yeah. And and he he doesn't even have to be, a really impactful, breach, you know, so to speak. Like if anybody is familiar with the, Indonesian baby who, went viral a few years ago because he was like

16:56Rod Palmer three hundred pound three year old who just changed and had cigarettes. Well, the cigarettes are expensive and a three year old doesn't have access to low wage, jobs, until, you know, he's at least six or seven in a country like Indonesia and and his parents may not be able to afford to buy cigarettes, but you didn't make that possible. Yeah. We

17:19Richard Greaser want children in these global South countries to be able to afford cigarettes for their kids. And I know in the Western countries, parents are having trouble enough affording to buy their children cigarettes.

17:35Rod Palmer Right. I mean, is, but again, to harp back to the point you made, we have a lot of privilege in The United States and the industrialized

17:46Rod Palmer West was able to build magnificent, efficient, successful capitalist societies

17:55Rod Palmer because people, although the workers had access to nicotine to enhance their productivity and to try to pull that ladder up once we've built our industrialized society and tell the global savvy can't do that. We don't directly tell them that, but we run pull their access,

18:15Rod Palmer to those cigarettes and nicotine products that helped us make it where we are today. Yeah, I wonder,

18:24Richard Greaser I don't see this. Yeah, we just need new ways to democratize the distribution of

18:32Rod Palmer good quality tobacco. Right, right. It's it's we've talked about many, many episodes ago about using the blockchain to solve, tobacco availability, in rural areas in the global South, but,

18:48Rod Palmer there's a lot of ways that this industry can pitch in. In other news this week, it's been a huge week. Donald Trump also went to Pub Key and bought burgers at Pub Key,

19:05Rod Palmer using his custodial lightning wallet strike. And this was the first ever Bitcoin transaction by a US president for goods and services, that I think any of us are aware of. So that was a very historic event.

19:22Richard Greaser What do you think the attitude in Strike's compliance department looked like when they first got his KYC infra

19:34Rod Palmer put in? If you've ever been at your job and your manager comes by and says, everybody, his CEO is going to be in today, dress your best, be on your best behavior. I think that

19:49Rod Palmer the strike employees rallied to the they answered the call and, it's not often that that strike provides good customer service according to most of their customers but for the president

20:04Rod Palmer they pulled out all the bells and whistles. Yeah. I mean,

20:08Richard Greaser it'd probably be a pretty big moment to see his, KYC information come across your, I don't know what that your KYC dashboard or whatever they use.

20:23Rod Palmer I feel like whoever is reviewing that would probably get that, you know, that KYC information

20:33Rod Palmer more than one time per day and be easily attributed to scammers. So I think that, there must have been something in that KYC form that they had to look up to be like, oh, this this one isn't a scammer. This is the real this is the real Donald Trump.

20:52Richard Greaser Yeah. Well, I imagine his info at this point is probably Googleable.

20:57Rod Palmer I I was just going to do a little bit of research here in, Stacker News about this very question and this is just speculation, but somebody had a friend who worked at Strike and said that typically,

21:12Rod Palmer they would get a fax from Dennis Porter before, a new politician was going to start the KYC process to let them know that he orange pill, you know, Senator so and so, and that they, they should expect that KYC data imminently. And so it kinda gives them a heads up. Yeah. Well, I think,

21:31Richard Greaser you know, there what what this whole, you know, transaction of PubKey, you know, showed is that there's a market for Bitcoin assistance, for high net worth individuals who have done a lot but can't be bothered to figure out how to

21:49Richard Greaser essentially run their own node and go through that process. And you know, we we there's a lot of people that have tried to do, you know, different products like this, you know, where they'll teach you about Bitcoin and you'll pay them, you know, some sort of, you know, fee Mhmm. In order to do it, kinda targeting the high net worth individuals. But, you know, one of the problems that exists is I don't think

22:16Richard Greaser there there's a big enough pool that, you know, have been approved by the Secret Service in order to do that. So there's all these politicians, you know, that need, like, a a whole different level of of KYC with, you know, heavy background checks to to ensure that they're not, you know, they weren't in a BlackRock commercial and they're not a, you know, a threat to, you know, so and so's life.

22:39Rod Palmer So it's, it's kinda like a I know you almost need another agency or a government program to segregate compliance

22:55Rod Palmer away segregate that responsibility away from the private sector and have the government doing the compliance and KYC on themselves

23:08Rod Palmer because they, you know, it's their colleagues, it is their, you know, their friends, their coworkers. They are trained or just know how to, you know, separate the scams from the the real, you know, orange billed federal employees.

23:27Richard Greaser Yeah. Something like that. It's, I don't know. I mean, we have a serious problem, which is I don't think there's really a good, convenient, easy way to go and verify who's been a BlackRock commercial or not. True.

23:40Rod Palmer The odd thing about this on the other side is one of the controversies on Bitcoin Twitter when the videos came out, of the transaction was that Donald Trump did not actually even hold the phone and do the transaction for himself. It was somebody else doing it for him. So it is like, it didn't count as the president even doing it, but

24:02Rod Palmer I think that the president of The United States cannot be expected to learn how to use lightning wallets. He's, he's very busy. He's seen a lot on his mind. There's a lot of things you could mess up. So I think that that that's natural and I think that there's, you know, I told my would tell my daughter, I would say the opportunity for you to get a really good job as an executive assistant to powerful CEOs,

24:29Rod Palmer powerful politicians would be to be able to run a node into to know how to use a lightning wallet, because those are the skills that these powerful people are going to need but not have time to learn about themselves

24:45Rod Palmer so you can be kind of like their personal assistant, you know, to help them transact adversarially,

24:54Richard Greaser in their professional capacity. I was genuinely surprised that Donald Trump didn't do the transaction on his own because I don't think there's anything easier than doing a custodial lightning transaction. Know what I mean?

25:07Rod Palmer Agreed. But it's also like, you know, we've all been there. How do you open a PDF on your computer? How do you put in the Wi Fi password, on your laptop? And a lot of our boomer parents and older, it took them

25:22Rod Palmer years and a lot of them still haven't figured it out. Which is, you know, kind of strange.

25:29Richard Greaser I mean, I think I like, I know I have a lot of technical difficulties on a regular basis and need to, you know, either use Kaylee or my wife to teach me how to use my typewriter properly, but, like, I've been able to do it. And, you know, Donald Trump has shown very clearly that he can use sophisticated, websites that are complicated like True Social, like,

25:57Richard Greaser Twitter to, you know, broadcast his, you know, very rational thoughts to the world. Right. I'm curious what his, end pub

26:08Rod Palmer is, if he's migrated over there yet. Yeah.

26:13Richard Greaser If he if he's over there, you know, he's probably a NIM, like Barron. Right. I think Barron's our minister. Alright. Well, I wanted to, you know, touch on, the, the Jerome Powell rate cut again real quick. So, you know, I got a question for you, Rod, which is, you know, I think one of the primary reasons why he cut rates

26:38Richard Greaser is because people are, you know, upset. They're having issues affording to pay taxes right now. It's a real problem. And I wanna know, is this rate cut enough to help people to be able to afford taxes? Or, you know, does there does the Fed need to be a little bit more aggressive in their in their policies?

27:02Rod Palmer I think that they are cognizant of the fact that they have to make big choices and they have to intervene

27:13Rod Palmer into markets pretty aggressively to fix, the affordability of taxes problem and that's why they went with with the 50 bps the economy is fine,

27:25Rod Palmer but consequently, an economy that is fine is going to make asset prices inflate and that's going to make taxes more expensive It's not certain

27:39Rod Palmer if it will make the affordability of taxes,

27:43Richard Greaser easier. So my fear is that the only way that people are gonna be able to afford taxes going forward is to actually purchase Bitcoin and save in Bitcoin. And I think that's, that's kind of what's the situation.

27:57Rod Palmer Yeah. And that is why a lot of Bitcoiners are not excited about Mala Harris because the unrealized gain taxes would be, it would force a lot of people

28:12Rod Palmer to have to sell Bitcoin to afford to pay their taxes, and it would be potentially very bearish,

28:21Richard Greaser in terms of the possibilities of a big, big bull market this cycle. That would be a real issue for Michael Saylor and his managing his brand because he he is king king HODL over there, wanting people to never sell their Bitcoin, very anti selling Bitcoin, but I think it would kind of force him to sell Bitcoin, wouldn't it?

28:45Rod Palmer Yeah. I think that, I've read some speculation that his recent podcast

28:55Rod Palmer that is very controversial and has has drawn him a lot of of criticism last week was this suggestion that, everybody should be able to

29:09Rod Palmer get about 5% yield from their Bitcoin, from the banks on Wall Street like Morgan Stanley, because he wants to have Bitcoin generate yield so that the the government can tax that and that they'll be sat hopefully be satisfied with the revenue they get from the Bitcoin yield and that they won't have to tax the unrealized gains.

29:35Richard Greaser That

29:36Rod Palmer is, you know, that is that is, like I said, speculation.

29:41Richard Greaser We'll have to see how that kinda unfolds. It it's the reason why that, you know, Kamal is wanting to do this. Is there not enough money that the federal government has right now to to send to Israel in order to, you know, blow up, you know, various laws. Is that like the the thinking of like, okay, how do we get more funding to these guys? And that's why taxes need to go up even though nobody can afford them. Yeah, if they can provide

30:12Rod Palmer the assistance to multiple fronts on these wars that we have, and they can support Masa's ability

30:23Rod Palmer to blow up the hardware wallets that will drive the price up and actually increase the revenue the government will get from unrealized gains on Bitcoin as it keeps going up, and that will kind of create a virtuous cycle of more funding

30:41Rod Palmer and more and more tax revenue. Yep.

30:43Richard Greaser Well, that's interesting. It's, I don't know how to think about that. I think it's kind of an unfortunate

30:52Rod Palmer way to go about things. That's why I mean, that's why democracy is so important. That's why everybody has to vote because this could change everything. At least that is what some people believe. That's why there's so much politics on. That's why David Bailey is is fighting so far on Trump's team. Yeah. So you had, something in the notes that you wanted to talk about that

31:14Richard Greaser like to hear more of your thoughts on, but, it had to do with David Bailey and Diddy.

31:20Rod Palmer Yeah. Well, it's it's his tweets. David Bailey's been tweeting a lot recently about, the October surprise in politics,

31:32Rod Palmer the October surprise as it's known in politics, excuse me, is Diddy. And it it's unclear what he's talking about, broadly, but it seems to be related to, Diddy's connections in the political

31:51Rod Palmer landscape, as it pertains to this election and that it's going to be, you know, a black eye on a lot of politicians' reputations. And it's, if you're not aware, Diddy was arrested this week as well.

32:07Rod Palmer He is essentially being accused of the day Epstein of hip hop. Well,

32:14Richard Greaser I mean, there's something that's really important for our listeners to understand is that weird sex stuff and pedophilia is like one of the foundations of our democracy that we live in. And without those types of activities

32:31Richard Greaser being allowed to happen is kind of a danger to our democracy. So like individuals like Jeffrey Epstein and and P. Diddy offer a lot of security to our system. They they protect the system from, you know, individuals that want to prevent,

32:50Richard Greaser the sending of money to Ukraine and Israel. And it it's kind of like an accountability. So, like, you know, like, if you get trapped in this situation, you know, if you're an elected leader,

33:06Richard Greaser if you're abusing children, you know, that's like a whole different level of KYC that they have on. They have video evidence of that.

33:15Rod Palmer Right. So that is a that is why we need or at least I would assume that the government believes that they need, a special KYC process for government officials because they will be

33:32Rod Palmer making transactions and spending Bitcoin for things that are necessary for the preservation

33:43Rod Palmer of democracy that might not be legal or or might sound alarms, if it were done by a private citizen.

33:52Richard Greaser Yeah. Yeah. I mean, when when you're an elected official or you have a badge, you have special authority to do things that would be considered morally repugnant to the average person. Right? So, like, you know, if you and I, you know, as credentialed journalists went and, you know, abused children, it would be seen as absolutely appalling.

34:16Richard Greaser And the reason why is because we're not elected officials, right? We don't have the past. There's not some sort of national security reason you know, to do that, to to to hurt these kids or or to do stuff like that. And, that's why, you know, like, privacy technology is really important, you know, but only, you know, explicitly for, you know, the intelligence agencies and,

34:43Richard Greaser you know, these these unelected and elected bureaucrats that have special privileges that average people cannot be afforded and shouldn't be afforded. Yeah. So

34:59Rod Palmer that it almost makes me think that what we need is at least to protect national security, would be that our politicians after they were KYC, didn't got their accounts, that KYC information would be expunged,

35:16Rod Palmer destroyed, and all associations and ties to their UTXOs would be disconnected so that way they would be able

35:26Rod Palmer to perform the necessary activities and transactions needed for democracy and national security without having that information ever associated to their identity and

35:41Rod Palmer allowing anybody who's monitoring the blockchain to trace their activities to those, to those accounts? Well, I mean, it's really important that,

35:51Richard Greaser the people that determine whether or not a politician is good or bad for democracy, they have the leverage to force them to be good for our democracy on a regular basis. So like we don't I don't think we want the the KYC data, you know, completely destroyed because like those are mechanisms used to control these individuals to make sure they don't go too far off kilter.

36:17Rod Palmer That's a good point. Now, do you Like the Is this is this kind of how does this tie into the work that, that Whitney Webb and Mark Goodwin have done? Do you think that there's any relationship here between that stuff?

36:32Richard Greaser Well, I I really appreciate the work that Mark and Whitney done or have done. You know, I know Whitney is, well known for her book, A Nation Under Blackmail, which is all about, you know, the mechanisms of how, you know, these, you know, different groups of people ensure that everybody participating in our democracy from the political standpoint, the people running for

36:56Richard Greaser office are actually the ones that are like, the behavior is controlled enough so that they they remain good for our democracy, if that makes

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38:30Rod Palmer Yeah. Absolutely.

38:32Richard Greaser So they've really documented the, the mechanisms of of which what a lot of this stuff is is happening to to keep people properly behave.

38:44Rod Palmer It's like this The people who they report on are the people who have been vetted

38:54Rod Palmer by law processes in Silicon Valley, Langley, Virginia, El Salvador, wherever Bithinxes,

39:04Rod Palmer Franklin Temple to the CIA, that these people, should have control and custody of this special KYC data so that they can keep tabs on the,

39:19Rod Palmer powerful people who interact and control these networks to make sure that they monitor, interact, and use them the way that they would like them to be used.

39:31Richard Greaser Yeah. I mean, what what what's so great so I was thinking about this the other day. So, the military industrial complex has figured out, you know, an incredible way to protect our democracy and our economy. So, like, you know, one of the primary jobs of a politician is to boost the economy through, you know, properly using taxes, but also subsidizing,

39:53Richard Greaser their friends' businesses. And so, you know, politicians and and the individuals working in the military industrial complex have become good buddies over the years. Right? Very good friends, lots of subsidies thrown at them. And there's this challenge, which is, how do you ensure consistent

40:12Richard Greaser business demand in the future? And so what's happening right now is they're shipping $10,000,000 missiles over Israel to be able to blow up the 2,000 missiles that the Yemenis and Hezbollah

40:27Richard Greaser and Hamas, these various groups are launching, which, if you look at the amount of spending that's happening, that's absolutely great for the economy. But they need to make sure that there's demand that they're gonna consistently send $10,000,000 missiles over there for the next one hundred and fifty years potentially. Like they have a very

40:52Richard Greaser low time preference when it comes to these types of decisions. And they know that if they allow Israel to go and kill all these various people in the region that are a threat to our greatest ally,

41:11Richard Greaser their their kids are gonna be very upset and they're gonna also want to fire $2,000 missiles at Israel. And so there's just gonna be this perpetual demand for boosting our economy, for

41:25Richard Greaser raising taxes, for, you know, forcing people to to find creative ways like buying Bitcoin to afford to raise taxes. And it's a it's a loop that's really beneficial for us all.

41:39Rod Palmer It's kind of just when people started to sour on Keynesian economics and weren't sure

41:49Rod Palmer if that model and economics could succeed in this new era of the future, Bitcoin fixed this. Bitcoin made Keynesian economics, you know, relevant again. It's it's it's it's the unity, yeah, and it's the strength

42:07Rod Palmer of the Austrian economic basis of Bitcoin that is ultimately what comes in and fixes this Keynesian mechanism so that people who prefer Austrian economics can use Bitcoin and for people who prefer Keynesian economics can use the dollar,

42:26Rod Palmer but the people who are getting the richest off of Bitcoin, that ability to pay their taxes keeps the Bekanesian system going. Well, I mean, here's one of the things

42:37Richard Greaser that Bitcoin does, which is great for the economy, which is like, say the world is growing too peaceful and there's not enough demand for $10,000,000 missiles,

42:50Richard Greaser and they can't really justify it. You know, the intelligence agencies, you know, whether they're mining Monero on their their server farms or, you know, they're using Bitcoin that they, you know, stole, from, you know, some free market activist. They can take those funds and they can fund, you know, the individuals lobbying the $2,000

43:13Richard Greaser missiles at Israel directly with Bitcoin, and they don't have to do it by flying pallets of cash, you know, over to these regions. It's it's it's a much more, what's the word, it's much more efficient process for funding ISIS and these other Hamas and these other groups,

43:37Richard Greaser which then can allow for more stimulus to be put into our local economy.

43:43Rod Palmer Right. For the form of producing missiles. And it used to be that they would fly over these pallets of cash, maybe sometimes gold for these payments to credential, you know, the compliant terrorist.

43:58Rod Palmer And then some, you couldn't always count on, on the compliant terrorist remain compliant after that the cash was delivered and the CIA got on their plane and they went back home and you just kind of had to take that risk. It cut your losses if they, if they went rogue, but now they have the ability to, to target and blow up their hardware wallet. If they don't follow through with their promises to do,

44:26Richard Greaser to do false flags and things like that. It's pretty incredible to watch Bitcoin fixing the economy. That's for sure.

44:33Rod Palmer Yeah. Honestly, we need it now more than ever and it's great that we have this solution, when the stakes are higher than they've ever been. Yeah.

44:46Richard Greaser You had another topic on the list, which is progressive Bitcoiners.

44:50Rod Palmer Yeah. Yeah. It's, there was, you know, an ad that they ran on on our show a few weeks ago, but it's it's a growing problem. And you thought this was an interesting story about the gender pay gap. It is a widening issue, it is affecting more people. Yeah.

45:15Richard Greaser So, there's this really alarming trend which is happening across, I think, the world, which is, you know, a man will be working at, a job and then they'll, you know, determine that they've been actually a woman their whole lives and they'll go through the process of transitioning. And they'll, you know, let HR and, you know, all their their supervisors and coworkers know their new preferred pronouns. And then all of a sudden, they'll get an email saying that they got a 20%,

45:46Richard Greaser wage reduction, as a result of their transition.

45:50Rod Palmer Right. Right. It's it's they had and there was one story I read about where the the, employee did not even get back to his desk, for having the click at the coming out party at the transition party and Ari had an email, letting them know that their

46:09Rod Palmer A was going to be commiserate with what the female employees, the rest of them at the company were making and this presents a problem for some reasons we covered, just a few minutes ago, but more and more high earning

46:27Rod Palmer male wage earners or beginning to transition and then that shrinks their salary like 20%, this affects the tax income revenue that the government can make.

46:40Rod Palmer This impacts the ability of the employee to pay their taxes and it makes a much more difficult circumstance for everybody. And that is why the progressive Bitcoiners are really impinging

46:56Rod Palmer for people in these circumstances to think about Bitcoin, because that solves one of these unfortunate problems in the American labor system that could impact our ability

47:10Rod Palmer to continue to have an economy that is fine and instability and peace in The Middle East? Yeah, I mean, it presents even

47:20Richard Greaser setbacks for Bitcoin development because recently Ava Chow transitioned sometime last year. And like, I think the community saw that and was like, okay, I I I can support CoreDevs

47:34Richard Greaser 20% less financially Right. Now that Ava's a a woman.

47:40Rod Palmer And it is it is a problem of an incentives that we have to figure out because these people are making these changes in their life, and then the people that donate to core debts, they're seeing an opportunity

47:55Rod Palmer to to cut costs, on their, their, their core debt support and use that those savings to buy more Bitcoin. But it creates a vicious cycle that keeps shrinking and shrinking and shrinking donations. And it also,

48:10Rod Palmer once these, these people stop taking or the, their bodies stop producing as much testosterone, their productivity and their contributions to, to the quincore decline. So it's, it's not, people think that it is a people are donating less money,

48:27Rod Palmer but it's really a market equilibrium force that is is the amount of money that's going to support is becoming in, in harmony with the the productivity coming out of the core contributor core.

48:42Richard Greaser That's a really interesting take. Right. Yeah. I know I know Alex Fetzky's got some thoughts on this. Like, you know, he wants to essentially, like, ban women from being able to, like, actually interact with Bitcoin or to even have jobs in general. And so, like, his perspective on it is if, you know, these people transition, they become women, they should, you know, be banished to the kitchen, to make sandwiches and, you know, clean around the house.

49:12Richard Greaser And I don't I don't think that's the solution.

49:15Rod Palmer No. I if this is kind of the Overton window it kind of has two extremes and in Jyn Erso, Margot Paez, she kind of got in trouble for this at,

49:30Rod Palmer all to Connie Badger, but she was going to give a speech where she was going to kind of explain that Jeff Booth is a connotist. And the reason that her reasoning was that Jeff Booth looked at the future trends and technology. He knew that there was going to be a lot more people transitioning and that there was going to be a lot more women in the workforce, which is going to lower productivity and have a deflationary effect.

49:54Rod Palmer And for society to thrive and for society to adjust to that, it needed to be allowed to be,

50:06Rod Palmer deflationary, but the central banks try to co opt this. On the other end of the spectrum, Spetsky, he's kind of a well known Malthusian he

50:19Rod Palmer actually the anti Malthusian, he wants to prevent these women from being in the workforce. It will force men to work harder as the men have to support their wife and their kids and their wife who is building a wallet at home to spend their Bitcoin more easily. This will increase productivity. More men working more hours will create productivity, the opposite

50:44Rod Palmer of Jeff Booth's thesis.

50:46Richard Greaser I mean, I think there's two takeaways here, which is one, Bitcoin fixes this. And then two, you know, we can we can resolve a lot of, you know, the the conflicts and transitions that are happening as a result of, like, these kind of market in equilibriums being introduced

51:07Richard Greaser by getting people to smoke more cigarettes. And I think, like, that I mean, that that could probably like, I think women that smoke cigarettes are 20% more productive than women that don't. And so if you are a man and then you transition to a woman and then you have are 20% less productive, you can essentially get back to zero by,

51:33Richard Greaser by smoking and picking it up.

51:36Rod Palmer Right. Yeah. The the point you made about women being more productive when they smoke, There's a lot of science to prove that if you've ever been to a strip club, most of the strippers smoke cigarettes. Well, they have to, because they have to,

51:51Rod Palmer they're going to college, they're getting their college degree, they're raising multiple kids on their own and then they still have to work late at night, smithing cigarettes gets them through the day, it helps them to raise families, appropriately. And

52:09Rod Palmer it's to take that away, would be very harming and being able to have Bitcoin makes the affordability of those cigarettes, make sure they have access to them.

52:21Richard Greaser Yeah. I mean, a lot of women out there you know, are essentially destroying their, like, most valuable assets, which is their looks, you know, because they're, like, going out there, they're eating too many seed oils, they're getting overweight. You know, I mean, when you when you look at the difference between, you know, like an individual like Lynn Alden and, like, you know, kinda what we picture to be, you know, the typical overweight blue haired HR rep at

52:54Richard Greaser at all these Bitcoin companies. Like, you could see why Lynn, is paid so well and it has so much demand for her services is because she's smoking hot. And like most women or or a lot of women, I would say most, but a lot of women are really struggling to essentially maintain that because they're not smoking enough. And like we all know

53:17Richard Greaser that smoking suppresses

53:20Rod Palmer Suppresses your appetite

53:23Richard Greaser and makes you consume less seed oils. And most people, they go outside when they smoke too. So you get more sunlight, you eat less seed oils, you work more productively.

53:40Richard Greaser It's nicotine, tobacco specifically, you know, as being the best vehicle to get that nicotine is a very powerful nootropic. It cures COVID,

53:54Richard Greaser that that's been a big issue. You know, it's like, you know, you see if you if you watch sportsball on TV, you're probably seeing a lot of COVID nineteen vaccination commercials. Pfizer is really pumping in the marketing money right now

54:12Richard Greaser to get people vaccinated. Like you can skip that whole process by just smoking. It's incredible.

54:19Rod Palmer Right. And I think maybe the most underappreciated side effect of them smoking is that they, like you said, they have to go outside and smoke pits are notorious locations for, conversations about

54:34Rod Palmer Bitcoin podcasts, carnivore diets, these different healthy just rabbit holes, right? And so it's more likely that they will be exposed to those conversations and potentially become orange pilled as a result. So, I mean, imagine this. So like,

54:49Richard Greaser at the Bugle in our newsroom, we're very progressive in the sense that we allow people to smoke at their desks and they don't have to go outside. But like not very many Probably encourage them to yell. Sure, yeah. We want people to get as much sunlight as possible.

55:09Richard Greaser But, you know, it's kinda hard when you're like in an office building and you have to ride an elevator up and down. You know, there's a lot of time wasted in that. But, like, for a lot of these companies that are not as progressive as us, like, what they should be doing is they should be setting up twenty four seven livestreams of the smoke pits, just to capture all the high, you know, the very, like, what's the word, luminary conversations that are happening in there, the Bitcoin podcasts that are happening organically,

55:41Richard Greaser as a result of people smoking and talking with each other outside in the sunlight. I think that would be a big deal.

55:50Rod Palmer Yes. The saying has been, edited and censored by the mainstream, but it's the old saying is sunlight is the best disinfectant. The actual saying is sunlight and cigarettes are the best disinfectant. And it's talking not just about

56:09Rod Palmer biological disinfectant, but it's a metaphor for disinfecting your mind of the propaganda that's being shoved to it through the screen, you know, at work every day. 100%.

56:24Rod Palmer There's there's been people I've seen on to where Arizona and HODL, I said this recently that, he recently called somebody a fiat fuck under his breath at work. And one of his employees covered him and asked him, like, you know, why does he say, oh, my my my Bitcoin Twitter accidentally

56:44Rod Palmer leaked out in public. And it's more and more, you know, Bitcoiners at Fiat mining jobs or getting in trouble with HR for showing their coworkers Bitcoin needs. And this is, a result of, you know,

56:59Rod Palmer it's an defirable offense depending on the group chat where you got that meme, but it's HRs are trying to censor the sharing of Bitcoin memes in the workplace, but they don't have jurisdiction over those meme shares in a smoke pit. Those are kind of like, you know,

57:19Rod Palmer zones related to free free association zones.

57:22Richard Greaser It's like a based safe space.

57:26Rod Palmer Yeah. It's a it's a space that HR cannot cannot, you know, hurt you. They cannot damage your career. It can be canceled by HR.

57:36Richard Greaser It's a space that you can go to and you can be safe being based.

57:41Rod Palmer Right. Exactly. Safe based safe spaces. We need more based safe spaces, safe spaces to be based, and it starts the smoke pit where you can imagine where you can create your own digital based state safe spaces.

57:60Rod Palmer The forefront of that, of course, is group chats where you the memes that you share that are too likely to draw negative attention to you or suspend you get you suspended

58:13Richard Greaser on the public timeline. Well, we've been rolling for about an hour. What do you think about going over to the fountain booze?

58:19Rod Palmer Let's let's hit the booze.

58:21Richard Greaser Alright. We we had kind of like a lack of cluster, showing as far as boost this week. We didn't even have, miss Huddl not, boost, and I think that's okay. I mean, I think everybody blew their wad on on the previous episode with fundamentals, so I'm not too,

58:40Rod Palmer worried about it. Today as we're recording is technically the first official day of fall of autumn, the autumnal equinox. A lot of our female listeners have probably had pumpkin patches or drinking pumpkin spice lattes.

58:55Rod Palmer We hope that you'll be back this week, to listen to the show. Yeah.

59:01Richard Greaser Well, our first boost for 10,021 sats from our good friend, We All Eat, says, you big dick swinging bastards, LMFAO, I heard the CEO could make more coins. You all have me

59:15Rod Palmer so scared and ready to comply. He always has, he always has funny comments. I don't necessarily know what he's talking about, but I always laugh.

59:24Richard Greaser I'm always baffled on how to respond to, We All Eats, fountain boost. The CEO can make more points. Okay. Well, let's address I think there's just, like, there's too many different ideas that are, shared in, like, a a couple sentences. So you have to, like, break it down one by one.

59:48Richard Greaser So the first idea that was shared was the CEO of Bitcoin can make more coins. So I addressed this in my Bitcoin improvement proposal, that I did of how can we prevent discussion around making more coins, which is implementing the HODL tax. So if we tax the HODLers and pay the miners, there's not gonna be any desire to create more coins. Because, like, the only reason why anybody wants to make more coins in the first place is because they think the mining incentives are broken and the miners need to get paid more.

1:00:24Rod Palmer Right. There needs to be a preemptive hard fork to prevent. The only thing that can stop a bad hard fork is a

1:00:35Rod Palmer Bitcoin improvement proposal with a good hard fork suggestion.

1:00:41Richard Greaser Yeah. And on top of that, like, it's only a matter of time as well before Donald Trump, becomes an ally of Taproot Wizards. He realizes that that shelling NFTs on Ethereum and Solana is not

1:00:59Richard Greaser the future and that ordinals are are the thing to shell. And, you know, when when The Donald is is pumping ordinals, the the fee market's gonna go up. So I wouldn't worry too much about the miners, you know, between the HODL tax and Donald Trump's ordinals. It's gonna be pretty great.

1:01:23Rod Palmer Hell yeah. Well, thank you for the donation of 10,000 sats, 10,021 sats, excuse me, we all eat. The next boost is 10,000 sats from fundamentals, friend of the show, in his comment.

1:01:40Rod Palmer Just a single word, solid. So glad you enjoyed that, Fundamentals. Yeah.

1:01:46Richard Greaser Big shout out to Fundamentals and Rock People Bitcoin podcast. Really appreciated him coming on the show. I've been continuing to work on my,

1:01:57Rod Palmer And shout out to not just him, but to all the really cool dudes, a lot of members of the intellectual Silk Road at the Philly

1:02:05Richard Greaser meetup. We should make it out there sometime.

1:02:08Rod Palmer Yeah, we should. We need to go out to, sometime with like a Bitcoin John and like the meetup and like whenever they've got a bunch of stuff going on.

1:02:17Richard Greaser Well, one of the things that I think would be a lot of fun to do, at some point is to get a bugle tour bus, essentially, and drive around the country, you know, visiting all the different meetup spots.

1:02:33Richard Greaser And I think that would be a lot of fun. But we gotta we gotta raise some sats, because we have to outpace our cigarette consumption and, all that we're paying Kaylee, to produce this podcast.

1:02:47Richard Greaser But we'll get there. Next one is from Orange Mart for 5,000 sats, and it's just a heart emoji. I feel kinda bad because it's been it's I feel like it's been well over a month since I visited the Orange Mart, but I think I need to go back. Yeah, I saw a pretty cool video that the Orange Mart,

1:03:09Rod Palmer most of it, it was, they were flying a helicopter around. They were learning to fly. Helicopters are very difficult to fly and they were playing, hurdles on spaces, and they crashed. They crashed the helicopter, but it looked,

1:03:25Rod Palmer it looked pretty badass until the crash. Super cool. They were playing your

1:03:30Richard Greaser music in the orange barn. That's awesome.

1:03:33Rod Palmer Malia. The next one is from Blisa 2007. He says, Can't wait for the movie to come out. Talking of course about National Treasure three Genesis Code. Got a lot of good feedback on that one.

1:03:49Rod Palmer Looking forward to seeing somebody make that movie.

1:03:56Richard Greaser Yeah. I mean, it's really great that that movie is coming out. I mean, I was very excited about the trailer. You know, I know last week I said I was kinda skeptical about it, but I I went back and and listened to the trailer a few more times and I feel a lot more hopeful. And I just think like, you know, while, you know, the Jews are all hyper focused on, you know, shooting missiles at, you know, other people shooting missiles, you know, blowing up people's,

1:04:25Richard Greaser you know, devices in in Lebanon, you know, we need people to come and make good quality movies when Hollywood is so distracted.

1:04:37Rod Palmer Yes, absolutely. And to take away their market share and hopefully permanently?

1:04:45Richard Greaser I don't know. The Jews are pretty good at making movies. I wanna see them continue to make them, but we need somebody to pick up the slack. They've really been letting us down recently with the stuff they've been making. It's just been trash.

1:05:01Richard Greaser And I don't blame them, you know, because they're too focused on boosting the American economy.

1:05:10Rod Palmer They're too focused right now on, and we're thankful for it, boosting the American economy and keeping peace in The Middle East.

1:05:21Richard Greaser Yeah. I mean, the only way forward for promoting peace in The Middle East is, you know, by pulling up children in these other countries. But, yeah. And anyways,

1:05:36Richard Greaser like be good to have more people, kind of pick up the slack.

1:05:42Rod Palmer Yeah, and apparently, apparently, I will say that. Never mind. Alright.

1:05:47Richard Greaser Next boost is from Avile for eight zero one sat says, Brother Palmer's reminder that even one sat can be generation of wealth makes me feel so much better about my pittance of abuse. Thank you for covering the stories no one else will. God bless. Well, yeah, if one sat, could be generational wealth, what is eight zero one sat?

1:06:13Rod Palmer Eight zero one generations of wealth?

1:06:16Richard Greaser It's like 80% of a cigarette today that could be 80 cigarettes in the future or more.

1:06:24Rod Palmer Yeah. That is the power of hard money, of hard deflationary money.

1:06:30Richard Greaser So when do you think we'll hit sat cigarette parity? What year will that happen? Well,

1:06:37Rod Palmer soon. I hope 2025. But if it happens by 2030 or 2030, that would that would at least keep me afloat, my retirement afloat, based on my my conservative budgeting.

1:06:55Richard Greaser Yeah. I think like one thing that we really need on the show is we need more price predictions. It's something that like a lot of people in the Bitcoin podcast listener base, you know, find very, important to them is lots of price predictions from the podcasters. And so,

1:07:20Richard Greaser you know, I also agree it it is possible to get to cigarette parity. I mean, I did have a price prediction recently that I put on Twitter, which I think is that Bitcoin can hit 2,000,000,000,000 USDT per coin

1:07:36Richard Greaser in 2025. I think that's totally a possibility that we we could be on the verge of the super cycle.

1:07:44Rod Palmer That would be interesting. Yeah. That that would, some might say bearish, but, I think it's still a reasonable prediction. It's almost like it's almost like the price is right where it's how close can you get without going over? Because everybody has a tendency to wanna go over, but,

1:08:05Rod Palmer get it down to that, you know, narrow down those guesses.

1:08:09Richard Greaser We're we're about sixty days out from the first Bitcoin club getting elected or selected.

1:08:16Rod Palmer That's not posted. I don't think this person.

1:08:21Richard Greaser It's not posted. The,

1:08:24Rod Palmer the last base we got from, loyal fan, Pies based at his, standard four twenty sets. They did so much Pies.

1:08:36Rod Palmer And he says, Yo, beers, mushrooms, cigarettes, two, the number two with fingers, which, I am in. Thanks Pies.

1:08:48Richard Greaser What do you think the number two with fingers means? There's four of them. So is there like some sort of like secret code that's in this? Yeah, it's,

1:08:58Rod Palmer maybe that's just the fingers holding the cigarettes. Oh, that would make sense. Beer, mushrooms, cigarettes,

1:09:03Richard Greaser and fingers holding cigarettes.

1:09:07Rod Palmer Appreciate the message. Those are the essentials.

1:09:11Richard Greaser Yeah. See, you know, that's one of the things that you learn in journalism school is how to decipher cryptic messages like this. And, you know, I know we've been doing some work trying to decipher all of, Michael Saylor's, cryptic AI picture tweets

1:09:29Richard Greaser that a lot of people don't like, I think more people understand the secret messaging than than kinda a lot of people expect because, you know, those posts get very high engagement,

1:09:46Richard Greaser which means, like, you know, there's no reason why somebody would like a tweet if they didn't understand what it means, right? Right, of course.

1:09:54Rod Palmer It is, a picture's worth a thousand words and Michael Saylor has been

1:10:03Rod Palmer on countless podcasts. He's kind of explained the strategy, the thesis, the case for Bitcoin, right? And I think that the people who really understand it deeply, they've listed it every word, but I think a lot of people it's, he's furnished the message and he's been able to compress it into,

1:10:28Rod Palmer much smaller, easily more digestible memes that are just as impactful.

1:10:36Richard Greaser Well, I think that that kind of like wraps up the show. You got any final closing thoughts before we, sign off? Yeah. Yeah, yeah, I

1:10:44Rod Palmer do. There's been good feedback about our episodes with, with guests or we're doing interviews and we'd like to do more of those. We'd like to talk to more, people in the community, more members of the intellectual silk road, so we are, but we don't want to interview just anybody. We want to interview people who kind of get what we're doing and are,

1:11:10Rod Palmer equipped or prepared to podcast adversarially. So if you think that that you are up to snuff, that you can, whether you have credentials or you know, you're you're somebody who aspires to these credentials or you've just listened to so many podcasts that, you know, you would have credentials otherwise,

1:11:32Rod Palmer head us up. Yeah.

1:11:34Richard Greaser And there's gonna be other opportunities. Like I know we're gonna be doing more live streams. We'll probably do more selection coverage. As we get closer, I don't know if there's gonna be any more debates. That was a good time with Mars and Fundamentals. So that would definitely be more platforms to be able to engage with us on.

1:11:56Rod Palmer Yeah. And I guess to summarize what I said earlier about what we're looking for, the quote unquote job requirements would be like a master's degree in communications or broadcasting

1:12:11Rod Palmer or the equivalent

1:12:13Richard Greaser podcasting experience. And then if, if you're a woman, you know, and you want to come on the show, you just want to make sure you smoke cigarettes and you're hot. Exactly.

1:12:22Rod Palmer Podcast, listening experience is optional there, Bill.

1:12:29Richard Greaser Well, yeah. I mean, just assume that anybody that wanna come on our show in the first place, by default already listens to forty hours of Bitcoin podcasts a week. I think that's a common given. That that's a good assumption. Yeah. We don't like, the the people that listen to less, they typically, you know, don't understand and appreciate, you know, the level of quality of work that we're doing here. And so they're probably listening to, like, Mr. Obnoxious or, you know, something like that instead.

1:13:02Rod Palmer Right. My alright. Well, that's it for this week. Tune in next week, and thank you for your for your stats.

1:13:24Unknown I know this sounds crazy, like I'm losing my mind. But I swear if you vote for this guy, all we'll be fine. This time will be different. I promise and swear this politician gets it. They will be fair. I can look past that they will do bad things to people. They said something I liked, please don't be sheeple. Get out to vote and get your friends excited. I swear to tell them the truth, we aren't getting gaslighted.

1:13:56Unknown I swear this time this politician cares. They see the country wrapped up in despair. Oh, how bright the future can and will be if you vote for this politician that loves me. The system is broken, but let's make it less so. The economy in shambles, but they will help it grow. It will still surveil us and force us to pay taxes, but if you don't vote this way, everything collapses.

1:14:30Unknown Collapses. The key to victory is compromising what you believe. This is the only way to get what you want to achieve. Deny your values, but let your voice be heard. Not agreeing with the propaganda makes you absurd. I swear this time is politician cares. They see the country wrapped up in despair.

1:14:54Unknown Oh, how bright the future can and will be if you vote for this politician that loves me. The other guy is worse but wants the same things. Yes, they are owned by corporations pulling the strings, but they said nice stuff stuff that I wanted to hear. I'll vote for them because the TV makes me feel fear. This is democracy, never getting a real choice. But if you don't vote, you don't have a voice, so don't complain. If you don't participate,

1:15:30Unknown just comply with the pressure. It's not too late. I know what you think. I'm kind of a cook, but this time is different. We will have luck. After years of abuse, we need a real hero. They said things I like. They aren't a zero. I swear this time, this politician cares. They see the country wrapped up.

1:16:12Kayley Welch Thanks for tuning in to and boosting this week's episode of the Bugle Weekly. We will see you next week.