0:21Speaker 0 There's a new kind of podcast for Bitcoin maximalists that isn't just more of the same macro circle jerk promoted by PodConf. And there's one podcast that's dominating the charts. The Rock Paper Bitcoin podcast with fundamentals

0:39Speaker 0 and Business Cat is that podcast. Listen as two non compliant plebs from Pennsylvania talk about their lives, Bitcoin and finding signal in a noisy world on Fountain FM, available on Android and iOS. And as always,

0:59Speaker 0 make sure you boost them SATs.

1:03Rod Palmer Welcome to the Bugle. Welcome to behind the podcast. Is that, is that what we're going with for the name, Richard? Anyways, you you may not know it, if you listen to his Bitcoin podcast or you follow him on Twitter. But, fundamentals

1:22Rod Palmer is, our guest today, and he's a big fan of comedy, and he's used to be a comedian, himself. And, last time we hit Adam on here, we talked about comedy. And, that's probably what we're gonna talk about again. How's it doing fundamentals?

1:39Fundamentals Doing fucking good. Great to hang out with you guys. How's your bull market going? My bull market? Well, you know, dude, I don't know, man. I feel like, I mean, you know, I do feel like we're just getting started here. I am I'm genuinely concerned. So first of all, you got I'm like, I'm the only guy that comes on your show and doesn't do shtick,

1:60Fundamentals like, trying to, you know, be in a joke. I'm trying to I I I really do try to be myself even with you assholes. You make it hard. But, I I'm actually genuine. Personality

2:13Rod Palmer is really not that much different than ours. So I guess it's True.

2:17Fundamentals Yeah. Like, I am actually fucking bull market. I'm genuinely concerned about, you know I don't know. I get I I I try to have a winner's mentality, but I get concerned just about staying focused, staying on the rails. Like, I do I feel like this thing can get so out of hand that, you know, it gets very distracting.

2:39Rod Palmer What does that mean for you, though? Does that mean that you are buying micro strategy call options? No. Fuck. Are you selling are you selling volatility? What what is what is getting too caught up for you? Is that just listening to too many podcast? Or is it like if I are you a trader? What's that?

2:56Fundamentals No. It's it's my productivity. Really, it's, my personal market risk is unaffected

3:03Fundamentals really by I mean, by any of this. It's just more of my productivity, which is, you know, my time. You know? It's like you could really lose your time even though you're in this game. Right? Yes.

3:18Rod Palmer But I think that to be a a good Bitcoin podcaster, you have to not be worried about the value of time, of your listeners' time. How do you manage?

3:34Rod Palmer How do you whose time are you wasting, or whose time are you optimizing for? Well,

3:40Fundamentals I'm definitely, sucking people's time down on Twitter and on Telegram on the telegrams, especially when we're especially when we're really running. You know? I really like to fuck with people who are I like, I think there's a lot of people who still they kinda live and die by the price. And,

4:03Fundamentals you know, I want people to have a bigger view and just like, dude, you know, price is nice. Scoreboard. But Right? But but

4:12Rod Palmer the price is all that matters, and that is, you know, true on a lot of different levels. But one partly to, you know, an idea or a theory that you have that you were talking about in the group chats that Satoshi was Jewish.

4:31Rod Palmer And you believe that Satoshi is Jewish in part, and it's we can go into it deeper, but he understood that, you know, the people who control finance and culture, the Jewish people, they would not be able to not be able to miss or ignore

4:48Rod Palmer a price that just keeps going up. They would not be able to ignore currency that made everything cheaper, that made it easier for them to negotiate, that haggle things down over, you know, a shorter period of time.

5:01Fundamentals Great segue, my boy. But yeah. Yeah. But I yeah. So I think it's a fascinating idea. I think it's fascinating to think about this, and I I find it hilarious to actually think of all the listeners being now forced to think about this. But,

5:21Fundamentals Satoshi Nakamoto, but being a collection of Jews, I think is, I don't know Ashki? Is worth well, they would definitely be Ashki

5:33Fundamentals for sure. But, you know, so think about it. Right? So first of all, right, I think this all started with us talking about oh, so just somebody being obsessed with prices going down all the time. Right? I mean, I don't think that's inherently Jewish, but somehow I think it is not. I think I think they just like to see it. I mean, who doesn't like to see present? I just think Jews like to see the price go down. Me too. Yeah. I think they I think they just appreciate it. I'm pulling away. It. But yeah. Yeah. Proverbially. But we do we'd we'd like seeing prices go down. That is that makes a lot of sense. It just makes sense. Like, that's just the way the world should be. And gyms live to make sense.

6:13Rod Palmer Fuck you. Of making sense. They they're penny pinchers. Yeah. That's right. Well, we like to hold on to the cents. It's not that we make any any any passive income they can get. If making sense is their passive income, they'll take it. So

6:28Fundamentals so, yeah, this idea of, so I got a credit I got a credit Goomba with this one little nugget where he said also that Satoshi never spent a single sat and, That is a massive point in support of satoshi being jewish for sure

6:47Rod Palmer Right very frugal. Or did you know that? Created something that rewards they and he said I think Satoshi just didn't wanna pay high transaction fees.

6:57Fundamentals Yeah. Well, so he created something that reward rewards frugality. Right? So he we he wanted to reward frugality. People that that are frugal win. Right? And people who can't resist, you know, they kinda lose. And, yeah, even created a mechanism to haggle for block space. Oh, yeah. You choose a lot to negotiate.

7:19Richard Greaser What's that? How do you resist NGU?

7:22Rod Palmer Oh, that's a good one. How do you resist it? I mean, I think what you're doing you were just talking about not getting carried away with the price action. So how do you how do you

7:32Fundamentals How do you resist me getting caught up in it? Or how do you you don't mean you can't resist it. You have to accept it. It just is what it is. Well, I mean, there's there's been so many people that have been building

7:44Richard Greaser so diligently in the bear market. They've been fighting. They've been building. They've been arguing.

7:54Richard Greaser They've been stacking. And now all that work is paying off. And they wanna go on vacation. They wanna enjoy it. They want to do the victory lap. They want to spend too much at the conference. They wanna feel like,

8:15Rod Palmer you know, they they made it They wanna go Southeast with Michelle Weekly.

8:20Richard Greaser Yep. I mean, honey, they resist the temptation to just rest on your laurels and go on vacation for the duration of the bull market

8:32Fundamentals and spend all your stack? Well, that would be unwise. You know? I think people should live their life. They should you know? I think we should be creating circular economies. We should be trying to, build with our friends.

8:48Rod Palmer You know? Yeah. But how do you tell how do you tell somebody when the price is going up $10,000 a week or a day? How do you tell how do you convince them to do boring shit, like build circular economies or, you know, use use South Coast. Yeah. Yeah. How do you it's like, how do you not just be like, hell yeah, brother. This is another bull meme. I'm just looking for This this might be the first time

9:11Richard Greaser people are able to afford going to a yacht party with Dennis Porter. I don't think they've been waiting for this moment their whole lives.

9:19Rod Palmer In 2020 in 2021, people a lot of millennials, it was a great year on Instagram for people to to to to take a picture because they bought a house, and they would all the sign that said, I don't know. And that's that's same that's same kind of trend I see next year happening with people being first time taxpayers. They're gonna be, like, loud and, like, posting and, like, sharing and, like, putting on their cards, like, holiday cards for their families. Like,

9:47Rod Palmer I'm a I'm a first time taxpayer. Like, they're gonna hold that sign up. And, like, this is all due to NGU. It's it's everything. It's, like, too good to be true. Their lives are are becoming great. They're paying taxes. They're getting rich. How do you keep them focused and let them understand that you still have to learn how to use Sparrow Wallet, and you still have to consolidate your UTXOs, and you still have to, like, build circular economies and listen to forty hours of Bitcoin podcasts per week.

10:15Fundamentals These are the 10 commandments, like, you're mentioning them. And, like, you you know, trying to actually cause n g u is like trying to play God. So I think, you know, people should realize they, you know, man made ngu, like, oh, I'm gonna go convince some, you know, like what I think what dennis porter tries to do

10:36Fundamentals is actually playing God. And he's riding a very dangerous line. I mean,

10:41Richard Greaser do you think other people will attempt to play God that they're gonna start getting some NGO withdrawals, the price of Bitcoin goes down a little bit, and they take to Twitter to try to do a breaking announcement to get the price go up. Like, so Phil from New Jersey

11:03Richard Greaser who just started his Bitcoin podcast and has 600 followers on Twitter. Phil Murphy?

11:10Fundamentals That's the governor of New Jersey.

11:12Richard Greaser Yeah. Phil Murphy. Whoever. They go to Twitter to announce some sort of breaking news, and it might not actually be true. They might not have any breaking news. They do an announcement of an announcement to get people to FOMO

11:29Richard Greaser and to buy Bitcoin to try and pop the price.

11:33Fundamentals Or to pay, like, pay me 3 Bitcoin, and I'll I'll give you the actual announcement early.

11:40Richard Greaser Like, how how do we verify an announcement of an announcement is actually legitimate?

11:48Fundamentals I think you might have to tokenize the announcements on a blockchain. Maybe you could do that on Tron. You know, I wanna circle back to

11:56Rod Palmer the, Jewish Satoshi narrative here and your theory. One of the popular, like, our friend, Mark Goodwin and his girlfriend, Whitney Webb, they believe that

12:13Rod Palmer that Bitcoin is this was built was created by the CIA, and it has been co opted by the, you know, intelligence state, the pedophile intelligence state. However, what you're saying actually means that can't be true. It means that it is, you know, a Jewish sign up, not a CIA sign up. And that the, you know, Satoshi knew that that the CIA was a you know, it was a centralized risk. If The United States fails, so does CIA, so does Bitcoin. So but the Jewish diaspora is decentralized. It is, you know, it's new stranded energy. It can con continue long beyond the CIA's control. Yeah. Like so Tether for Tether, for example, can prop it up.

12:56Fundamentals Yeah. I mean, I think the diaspora is a great example of decentralized how you survive with decentralization. So, like, for the last two thousand years, you know, they they couldn't just break into every basement and burn every Torah.

13:12Richard Greaser Who's they? Who's they?

13:15Fundamentals They? Who's they? People always ask who's they? I don't know. I mean, well, I would have said I would have said, like, the Romans in the, you know The state. In the The state. In the year seventy AD. Right? Then In that day, yes. It's whoever really was looking to, you know I mean, look. Let's face it. Right? I mean, when the power of, like, Christianity,

13:40Fundamentals the power of Christ compelled the majority of people in the world, we'll say, oh, the majority of people in the Western world, You know, wasn't that cool to be Jewish? You know? So, like

13:55Rod Palmer Do you think it's cool to be Jewish now? If Satoshi turned out to be Jewish, I think it's gonna be pretty cool. So that would be perfect.

14:02Fundamentals It would be pretty cool

14:04Rod Palmer to to go to yeah. To be a Jewish with curly with a curly fro. But it

14:11Fundamentals looks pretty fucked up to be Jewish. Right now. Podcaster. Yeah. I think it's actually kind of fucked up and confusing as shit to be Jewish, especially as a Bitcoiner. I would guess mileage varies, but, it's I think it's it's super fucking confusing. And I'm surprised there's not more opinionated

14:30Rod Palmer people in Bitcoin, Twitter about circumcision and whether circumcision is good or bad. I feel like that's something that's key. We have a chapter in his book about. Maybe he does. The bush of Bitcoin? That was The Bushido. Yeah. Yeah. It

14:46Rod Palmer she does he think he should circumcise or no? I don't know. I just think that would be a bigger talking point considering all the other things that people argue about in this space.

14:57Fundamentals I would actually I'm moving against it personally.

15:01Rod Palmer Also, okay. So Jews against circumcision.

15:04Fundamentals I'm just, like, I don't get it. I I guess it's kinda like I'm against pretty much every medical intervention now that same you know, like, I just don't trust any of it at this point.

15:15Rod Palmer So why would I, you know, why would I trust the circumcision? You don't trust, met you know, the medical intervention. You are more into, like, CBD. Yeah. I like CBD. Yes. CBD and, like, like, cow organs, pig organs, things like that.

15:33Fundamentals Dude, I ate I ate, lamb testicles this morning.

15:37Rod Palmer I'm strong When was the last time you when was the last time you puked on your podcast? Because you were eating weird animal organs.

15:44Fundamentals I ate adrenals.

15:46Rod Palmer And Yes. Yeah. That's right. Right. I Yep. It's better than taking blood pressure medicine. Yeah. Gotcha. Right. That's very interesting. It happens.

15:57Fundamentals It happens. You gotta eat you gotta eat hard against that. Jew. What's that?

16:02Richard Greaser I think it's a good time to be a Jew.

16:06Fundamentals It could be. I guess, it's a good time to be

16:09Rod Palmer a Jew. Israel is winning. Israel is winning.

16:10Fundamentals I don't think so. I mean, I think they think they are.

16:14Rod Palmer Right? Well, are you guys some, like, liberal case why winning war is bad for you? No. I just I think the winner of the war is the the winner of the war is the actual loser, actually. No. I'm just kidding. I just I just I'm curious. I don't think they are certainly not winning in the world of public opinion.

16:32Fundamentals I do I think that they have a problem. They have a fiat problem. Right? So the whole creation of the state was by decree, and it's pretty much the whole way it's been defended. And I think that when push comes to shove and,

16:50Fundamentals you know, when those structures fall apart, I don't think it's gonna be I don't think it's gonna be long for the world.

16:58Rod Palmer What so can if Israel adopts a Bitcoin standard, can they how at what point can they drop that fiat hanging you know, that fiat decree hanging over their head? How long do they have to be on the Bitcoin standard?

17:11Fundamentals That I think it the the idea is so absurd that it might just work. It's just the idea. So it's, like, so nuts. Right? Like, why would they do that when that the whole they've survived because of a fiat standard. It's literally the key to their survival. So I think the second day, they adopt a Bitcoin standard. They go bye bye. And, Do you think that it's gonna be hard to convince people

17:35Rod Palmer that Bitcoin is better than Fiat if they realize how how great Fiat seems to be going for Israel? Because because they're really It's gone pretty good. They get they get they get they get they get they get they get they get they get they get they get they get they get they get they get they get they get they get they get they

17:59Fundamentals with the meme coin? Well, the or convertible next? Better than that would be better than funding it with dollars and abstract dollars. Right? Like, it would be a little more fair for them, at least if they're funding it with some shitcoin. They're not you know, they don't get to put their foots on the necks behind the US dollar.

18:22Rod Palmer I don't think that it would be the craziest headline that you would have read in 2024 if Israel, tomorrow, decided to

18:31Fundamentals fund their military operations using Haaktu coin. I don't think that would be unreasonable at all, especially did you guys remember when I was I couldn't believe and I could I tried to I tried to shout this from the rooftops how Haaktu turned out to be Jewish?

18:46Rod Palmer She actually did turn out to be Jewish. She did this thing Right. Because she did not she could not she could not ignore the rise of the price of Bitcoin. Mhmm. It's true. It said to her she was correct. Yeah. Very un stereotypical,

18:59Fundamentals un stereotypical Jewish female to really care about lubricating that thing. But, you know, when she did the DNA test and found out, I can't believe there was really nobody

19:12Fundamentals nobody nobody jumped on it. It was a little disappointing, actually, and I only started to see Haaktuah being Jewish become a thing after she ran the shitcoin. Yep.

19:23Richard Greaser Stoney definitely

19:25Fundamentals zoned in on her after that. Yeah. I say, you know, shame on you guys for not jumping on that before all that happened. We should have celebrated we should have celebrated that fact, and then we can now shit on her for whatever, you know, for being a Jew.

19:42Richard Greaser I don't I don't think there's anything to shit on her for. I I can see why. I don't

19:49Rod Palmer think I I don't think it's fair to shit on her for being a Jew. I think that it's fair, though, to shit on her for being for behaving Jewishly.

20:02Rod Palmer It's not it's not well to be a Jew, but she she handled the situation too Jewishly.

20:09Fundamentals And Meaning, like in that Ah, I'm gonna go to sleep now.

20:13Rod Palmer That's beautiful. Yeah. Just just you know? Yeah. And it's whatever whatever Jewish right to her. Well, I should be yeah. She probably

20:23Richard Greaser People need to give her a break. So seeing that she's Jewish, that means her ancestors went through the Holocaust. Right?

20:31Fundamentals Which Not necessarily. Entitles her to launching a meme coin, in my opinion. Know that. We not necessarily. I think that if you have a certain amount of,

20:41Rod Palmer things could prove it, Native American heritage, he should be able to be accepted. So he'd be like owning, like, a casino on, you know, Indian, you know, an Indian reservation. You should be able to watch, you know, one or two meme coins. It's better than for college at this point.

21:01Fundamentals If you're, like, explicitly Jewish and you launch a shitcoin, I think people know what to expect. Right?

21:09Rod Palmer Right. I think degenerate gamblers. Shitcoin.

21:14Richard Greaser Gentile shitcoin. What should we expect that's different? Well, I mean,

21:21Fundamentals I think that look. You know, you have you have the history of the Rothschilds,

21:30Rod Palmer fractional reserve bank. Why listeners are very familiar with the history of the Rothschilds? Trust me.

21:36Fundamentals Failed sons. I'll I'll I'll specify really the the failed sons, Rothschild's generation. Pretty despicable. And you do not have to tell us about George Soros. Trust me. And then you got Soros and his shitty sons and all these guys. Okay. This you know, it's not

21:57Fundamentals this is this is where it gets confusing because it's not like there's anything in the Jewish handbook that tells you this is how you hand this is how you do it with this is how you run scams or this is how you dominate people with money or anything like that. It's just a need in your it's just a need to you. It's a feeling. I mean, I think I mean, there are there just there there happen to be a couple of guys that have accumulate have amassed

22:24Rod Palmer pretty large fortune fortunes and have kind of It's it's not illegal to notice that. That's all Yeah. But I think that's I think we've got it illegal to know. I think I think, Stoney, we should all just say I think, you know, and we can I I wanna know your opinion about antisemitism? But I think that we could all agree just like, we don't be antisemitic. We don't be antisemitic. Just let us just it should not be illegal to notice things.

22:49Fundamentals No. Not at all. In fact, I really welcome discussion. I think the I I despise the gayness of of, like, the laws that make it illegal to talk about. It's like that is, they're trying to get Jews killed in this world. You know?

23:08Fundamentals Like, this needs to get discussed for the sake of,

23:12Rod Palmer for the sake of civilization. Like, we need to really talk about this shit. And Yeah. We need to stop You know? We need to stop ignoring the elephant in the room, which is, like, the question why does everybody wanna kill the Jews. You know what I mean?

23:26Fundamentals We have to consent to that. That is that isn't that's a that's a big elephant. You know? It's it's a Right. It it's a fair question. Like, why does that happen? Why do you want safety if everybody wants to kill the Jews? Well, let's see. I would tend to say a lot of it comes from the, experience that people felt when they found out that Jesus was killed. You know?

23:52Fundamentals I think a lot of it fucking originates. I think if that didn't happen

23:57Rod Palmer I think we would do that against him. We'd have a different view of Were the Romans church? Jewish people.

24:04Fundamentals The Romans know. Jesus was. You know? He was a pretty good one. But the best one, probably. He's probably the best Jew that's ever been.

24:15Rod Palmer Is that a controversial thing to say?

24:18Fundamentals Well, I think it's controversial that, like, when people do all this noticing, they don't they, like, they never know they they only notice the shitty ones.

24:26Rod Palmer Right? Yeah. I think I know. I think that's a good point. I think that Jesus is a Jewish hero, and sometimes you have to kill your heroes. You can't grow

24:39Rod Palmer unless you slay your heroes. And that's and the Jews did that. And They did do that. Well, they did. You have to you have to give them credit for that, I think, if nothing else. No. I mean,

24:53Fundamentals you don't have to literally kill your heroes.

24:56Rod Palmer No. Not literally. No. No. Maybe we learned that because because of Jesus. We learned, like, oh, we that was a mistake. Like, we don't have to have a chance to get back then. Yeah. Yeah. It was just different times that were metaphorical. We could've just been metaphorical. They didn't have the dentist poor they didn't have the dentist poor of, you know, human

25:16Fundamentals rights back then. So it was just a different time. Nowadays, Alex Alex Gladstein probably would have a lot to say about that. I think

25:24Richard Greaser I think yeah. I think Jesus truly was the Dennis Porter of his time. That makes sense. Because,

25:36Richard Greaser essentially, like, Dennis is the vessel that communicates between Satoshi and humanity. Right? And Jesus came to Earth to communicate between God

25:52Fundamentals and humanity. Right. Jesus doesn't make did did Jesus make people home? Probably.

25:56Rod Palmer Yeah. I mean

25:58Richard Greaser I don't think that was as much of a problem back then, though. They didn't have as many seed oils. You know?

26:04Fundamentals Right. They didn't have they also didn't have, like, a lot of porno. So, like, if you like, if Dennis Porter existed back then, guys would be nutting everywhere.

26:13Rod Palmer That's true.

26:16Richard Greaser That's a good point. Yeah. They they probably didn't need a whole lot of help getting hornier. That's for sure. Like, maybe maybe this is why in Muslim cultures, they require women to wear burkas because

26:32Richard Greaser they listen to Bitcoin podcast, they hear Dennis Porter, and they don't have porn. So they need, like, a barrier to just stop them from nodding everywhere or else society wouldn't be functioning.

26:47Rod Palmer Right. That makes sense. Like the other dosing on NGU. Yep. Right. And do but don't you think that Why do why would it why do we have porno? Mhmm. Don't you think that the animosity bit, of Jews by Christians, don't you think that should have been settled by the crusades?

27:08Rod Palmer Don't you think you should cover that by now? You I mean, you would think, but it's like,

27:14Fundamentals it's not, though. Right? Clearly. In my opinion, I don't think I don't I mean, I think that it's not con it's probably not conscious. I think it's, like, been just Right. Put in the DNA But at the same two thousand years. At the same time,

27:28Rod Palmer is some of Israel's closest friends and allies and supporters are American Christians. Israel. You know? So it it is it is

27:40Fundamentals Israel is a bit of a bastardization of Jewishness

27:43Rod Palmer just, you know, like a Yeah. That's the meme. Right? Like, everybody's gotta have a logo. The Jews logo is the Israeli flag. Whether they like it or not, you know, not everybody some people are real there's there's people who are fucking proud of that logo, and there's people who are not proud of that logo. But like it or not, that's their logo. I think the logo is gonna change to the the guy Fox mask. Do they need do they need a new logo? Should they should they rebrand maybe? The Satoshi mask. A Bitcoins if Israel goes on a Bitcoin standard, that's the only way Israel can change their logo. Is that they go on the Bitcoin standard? That's the only way. We might have something that is it. Maybe maybe that is how they earn a earn through proof of work, a new logo.

28:26Fundamentals If they basically say, listen. Yeah. We're gonna we're getting rid of this star of David, and we're gonna adopt, like, the Satoshi mask as our new logo.

28:35Rod Palmer We might have a shot at these. There might be, like, a tether thing in there too. There's no dollar sign somewhere. But it doesn't have to be the biggest thing.

28:43Richard Greaser I I think the way to make that happen, so you have to change the world one synagogue at a time. You know what I mean? You gotta go and you got our orange pill. Make your synagogue a Bitcoin meal. That's the dis nature of decentralization,

28:57Fundamentals and I think I mean, the Marxists didn't knew this too. Right? And I think the Marxists understand they're did they have a big head start on the Bitcoiners in going in one synagogue at a time.

29:09Rod Palmer Yeah. It would be that is where people should be building circular economies in their churches and in their synagogues. But, you know, no church, no synagogue is perfect. It seems like sometimes they set up building circular economies. They build

29:29Rod Palmer tunnels using Monero, and that's not the way to do it. You wanna do you wanna do, compliant circular, you know, sunlight compliant circular economy. Compliant to your culture, not the state.

29:41Richard Greaser I I feel like saying that you can't build tunnels is culturally insensitive, personally, but that might just be me.

29:51Fundamentals I mean, technically, the thing I said what I said about Marxist is probably actually it's probably the closest thing to actually anti Semitic. And,

30:01Rod Palmer what did you do with that?

30:03Fundamentals I just was just saying that the Marxist had a head start on the big corners understanding that they really getting going synagogue by synagogue, understanding that you get into their hearts and minds.

30:14Rod Palmer That is how it works as in spread.

30:16Fundamentals But it's also the I mean, it's also the reason like, if there is a real reason why, like, countries resist Jewish immigration is this is becoming not funny, but, like, it is because they're afraid of fucking radical. They're afraid of that shit. They're afraid of, like, Columbia students. They're afraid of basically, Marxists.

30:39Fundamentals Right? I mean, you know, they tended to be they they tend to be associated with Yeah. I just I I Radical that's

30:48Rod Palmer why I think it's good that Trump got elected because Trump's not afraid of communists.

30:53Fundamentals Yeah.

30:54Rod Palmer We're great. We just it's like, fuck that shit. And, you know, like, the thing is, like, if We need people who are not afraid of the cut. Communists are fucking nerds, and they're easy to beat up. Like, you shouldn't be afraid of them. You can't bully them. You just dump them in lockers. That's the advantage. So, like on into some lockers.

31:09Fundamentals They they might have gotten a head start, but they're very easy to just kick the fuck out. Like, all you need is really a couple of focused people per synagogue, and you can kick Marxists out and transform

31:21Rod Palmer you can transform it. Right. Like like like the other guy in New York learned that we have to live together. And if we have to live together, we have to optimize for that. And everybody learned in New York that the safest the safe the way to be safest in the subway is to always be near a racist white boy. So maybe a synagogue just needs enough racist white boys that

31:45Fundamentals it kinda keeps the communist at bay. I think you need one that's willing to hold it down.

31:52Rod Palmer Yeah. You just have a really good chin.

31:54Fundamentals Just one yeah. Like, you know, if you have that one and every it's just that makes everybody else uncomfortable, it's, Right. Right. Healthy.

32:03Rod Palmer It's like use use your anxiety to as a positive energy for your life. It's like use your your your fear about a racist white boy to, like, keep everything safe. Keep the keep the security.

32:18Fundamentals You know, when I grew up in the seventies and eighties, you know, the adults the Jewish adults I knew were unapologetically I'm not gonna say racist, but certainly bigoted. You know? They're unapologetically bigoted.

32:34Fundamentals And I don't know. You're just like, okay. You people just put themselves out there. They put themselves out there and didn't didn't apologize for it.

32:44Rod Palmer One of the one of the things you said on one of your recent episodes of rock paper Bitcoin, you were telling business cat that one of the great things about hyperbitcoinization

32:58Rod Palmer was that, it was gonna make racism great again, and you were, like, excited. You were, like, teaching your mom or your grandma, like, grandma, you have to learn how to be racist again. Like, this is the racism renaissance is coming.

33:11Fundamentals It's gonna make it accountable. So if you if it turns out that your brand of racism is actually smart, you'll

33:22Fundamentals you'll actually win. And if it turns out your brand of racism is stupid, you'll go you'll be poor. And I think I do think hyperbitcoinization will make it accountable. I think that's one of the big problems with fiat is it's totally unaccountable. And so, yeah, you can have a problem with racism, and it never gets it's not entrepreneurial. You don't, like, it basically, I didn't mean no. I would call it discrimination,

33:47Fundamentals not racism. I would say discrimination is, Right. Like, one of the like, a very successful,

33:54Rod Palmer profitable way to be racist, like Andrew Tate, for example. Andrew Tate. Yeah. Fucking,

34:01Fundamentals the guy who just basically was like, what the fuck is wrong with Bitcoin? Because,

34:06Rod Palmer it's the only thing everybody wants, and so that's big problem now because no one wants to invest in anything else. Yeah. How is this baby He also tweets the n he also tweets the n word a lot too, so he knows what he's doing. But yeah. Yeah. That's but back in the question, how do you feel about or, you know, it's gonna be a great time to be racist again, but that's gonna include anti semitic. So if you no. I'm just saying if you're thermodynamically

34:35Fundamentals sound with your racism, you're going to I think it's gotta get worked out. I do I think it has to get worked out. I think people who wanna be fucking anti Semitic should be allowed to do that. People who wanna be fucking racist should be allowed to do that. I mean, who the fuck is anybody really, who the fuck is anybody to tell somebody else

34:55Fundamentals what to think? Right? It's just that in the world, there are you know, the economy is an accountability mechanism for good and bad choices and, you know, let let let it all fly and let it all play out. And maybe we'll learn that, the antisemites are right because they

35:15Fundamentals did maybe they maybe they maybe it's very profitable for some reason, and maybe we actually learned that. I don't know. And then, you know, maybe we maybe we gotta figure out the fuck is maybe we gotta figure out what's up at that point, though. Yeah. I think that in a lot of ways, like, big lawyers, a lot of the bull market and the price going up because they get to go to their friends and family and say, look. I was right. And I think

35:37Rod Palmer I think Stoney is a good example, right, of somebody who's he's he's been through enough cycles. He's already gotten to do that. He's already gotten to tell his family, look, I was right about Bitcoin. But what he's really waiting for is to be able to be like, look, I was right about the Jews.

35:51Fundamentals And I think that's gonna be bad as, like, his mom. One. Yeah.

35:54Rod Palmer Yep.

35:55Fundamentals I like Stoney. I do. And I've like

35:58Rod Palmer Do you think that he's a he's a that he's bad or good?

36:03Fundamentals I like him. As a Jew as a Jew. As as a Jew, I'm I'm okay with him. I think that he calls things the way he sees them, and he sees this a certain way, and I I see why he does. And, you know, I, you know, I would like

36:22Fundamentals look. I see things the way I do because of my life experience. I've been you know, we've we've all grew up with fucking psy ops. Okay? I have I've I've had the psy op of fucking being Jewish and being enculturated and that shit. And it's, like, I'm 50 years old, and I'm still working my way out of it. And everybody, I think, is a function of how they've been psyop. Right? And, I like have I have no issue with somebody I have no issue with somebody like him. He occurs to me as as at least as honest. He try I think he tries to be intellectually honest. And

36:57Fundamentals I feel like if I met him, I would have a beer with him, and we would be talking

37:02Rod Palmer hot. Well, I think that I think that the solution is right in front of our faces. I think that, you know, first for a long time, like Bitcoin, we tried to ban racism. We tried to ban Bitcoin. We tried tried to just ban antisemitism, but that's not that that doesn't work. So now everybody's kinda capitulated. But however, what we need

37:28Rod Palmer badly is regulatory clarity and how to be compliant racist like, do racism compliantly? How can I be racist and still keep my bank account,

37:42Rod Palmer still keep my job, still keep my podcast? Like, what is the regulatory clarity? How how how can I be as racist as possible without breaking the law? Well, it it one tweet again. I have is

37:57Richard Greaser because racism has been shunned so much up until Trump's selection, where now it's safe to be racist again. We don't have any credentialed racists,

38:11Rod Palmer you know what I mean, to be setting these guidelines and standards. So it's kinda ran all the credentialed racists out. I mean, even David Duke is not allowed on on x anymore. But now when you're new

38:25Fundamentals and new black. Credentialed racists. There's a lot of credentialed racists that are still in business, but they're on I mean, like Yeah. Right. Right. They're on the Pew and MSNBC. Yeah. Yeah. Like, the Ivy League,

38:37Rod Palmer race. Not Ivy League racism is out. That's out. We're we're going back to, like, the early day the people who grew up in the early days of the Internet and unmoderated

38:49Fundamentals forums. Like, that those people are the credentialed racist now. We have to let the these again, we gotta let these people be heard. Otherwise, they end up like Roger Ver complaining like a fucking martyr that they've been censored. You know?

39:05Rod Palmer Criterion. Yeah. It's fucking bullshit. Yeah. Yeah. You have to you have to, like, take over and rewrite, the regulate. You need to be akin to the air to the, you know, to the regulations of how to be racist if you want to succeed. And that's what lenders will get when they get control of the of the money. Right? Like, the the capital will flow to the people who have best, you know, racism policy. The best layer, you know, the best compliance in that sense.

39:34Fundamentals I mean, I was just thinking, like, we can't let our best racist end up like Roger Ver with some psychotic idea that they've been censored when they've just been wrong. You know? We have to let them talk. We have to let them know. Best racist. I know

39:50Richard Greaser Tony Hinchcliffe had a pretty, big moment this selection cycle.

39:56Fundamentals Yeah. He had a big moment. I wouldn't but I would say that, he he kinda blew it. Right? I mean, he had a he almost he's like a pawn that almost got to the other side of the chessboard, but he didn't tell a good joke, frankly. And that's, like, his only crime, honestly, is just it wasn't funny.

40:17Rod Palmer But sometimes you remember sometimes you you remember the unfunny jokes more than the funny jokes. Mhmm.

40:24Fundamentals Yeah. No. I get it. I just don't think like that. I think that he basically blew it, and they're not, like, they're not gonna give him another chance. Like, the next time they should I don't think Tony Hinchcliffe. They're gonna let somebody else take the at bat. I don't think Tony Hinchcliffe is ever going to get a,

40:43Rod Palmer you know, 11, five minute spot in the an arena for the president of The United States. I don't think he's gonna get that type of, opportunity anymore. I think he's just gonna get different opportunity. Yeah. No. I agree with that. So, you know, I think look.

40:58Fundamentals By the way, I I hate the term racism.

41:01Rod Palmer I hate I hate the term anti semite. I hate a lot of them. Trust me. If you get called racist enough, you hate that word too. But it's like,

41:10Fundamentals I just people should just be honest. You know? Like, people should just be honest, and sometimes that honesty takes a form of, you know, it just takes a form of not locking somebody and wanting to fucking shit on it. I I I'll take that one step further.

41:27Rod Palmer I think that you should demand racism from other people because sometimes sometimes

41:36Rod Palmer life is uncomfortable, and sometimes life is racist. And if if somebody is not willing to be racist, they're not always willing to tell you the truth. So you should demand racism when racism is, you know,

41:53Fundamentals fair to to bring out. But, you know, the thing is, you shouldn't I think this is the problem the left has. Right? Like, the woke left has right now is that they're manufacturing. It's like they're they're demanding it. They're manufacturing it. They're printing it. Right? They're printing way more than people want. Right?

42:13Fundamentals They're creating a supply that far exceeds the demand. Right? Yeah. And it should just again, it should just be organically honest discourse that Yeah. Sometime and people, you know, people need to build thick skin and how to have fucking difficult conversations about

42:31Fundamentals Right. I just I think it I think People should be mean. Okay. I think that's okay. Right?

42:36Rod Palmer I think in the future I think in the future with all of the manipulation and science that's gonna come from AI is I just remember

42:48Rod Palmer don't trust chat g p t or AI if it if it won't be racist or if it won't tell you to smoke cigarettes. It's a pretty good policy. So I wanna be saying

42:59Richard Greaser racism and Podcove going forward?

43:03Rod Palmer Oh, yeah. Say that again? What? When do you think racism. Racism and Podcove. Like, when do you think we're gonna start getting racist Bitcoin conferences? Podcasts.

43:18Fundamentals I let I think it's well, that would be wild. I'd say that would be fucking wild. I would love I would love to listen to racist Bitcoin podcasts personally. I mean, I feel like it could it could get old, but I wouldn't mind just seeing the spirit of just people willing to stop talking. Wanna listen to legion of skanks

43:37Rod Palmer once or twice a month. I don't need to listen to every episode. I might wanna listen to a racist Bitcoin podcast once or twice

43:43Fundamentals unlocked. Yeah. I mean, again, I think if the account like, again, as long as we're on a fucking fiat standard, I I think I just don't think it is very helpful. I think once we are, you know, hyper Bitcoinized, we have a good accountability mechanism, then fucking bring it, dude. Fucking bring it all. And then let's see. Let's, like, see who makes it.

44:07Rod Palmer Yeah. I Who doesn't? I think, like, any any group, any community, there's there's racism, antisemitism, bigotry in the Bitcoin community. Well, I think one thing that makes us better than Fiat, at least, is that there's definitely there's no sexism in the Bitcoin community. And that is at least one thing that we've been able to to fix

44:29Rod Palmer with, with hard money. I think that's right. Yeah. Right. Like, I yeah. And I've just never seen sec I've never seen any instances of sexism in this community. And this is like I've been on a raw I've been to a lot of things.

44:43Fundamentals This is another thing we talked about. Right? I think it's true better here, honestly. I think it's true that when a woman is on birth control and they're they're orange pilled while on birth control, they end up launching a shitcoin. Is that what you think Octo would did? I think so. Yeah. I think she was orange pilled while on birth control and her hormones attracted her to all the wrong

45:05Rod Palmer Honestly people in the wild against it. Thank god for birthday. Can you imagine? Thank god hawk two was on birth control.

45:15Fundamentals I don't know man. I mean I wouldn't like to see her squirt out a few quick few kids. I mean, until she's married. I mean, she'd I mean, I I can't believe I can't immediately think of a Tua fucking pun for her kids already, but, like, I'm sure she's thought of all of them.

45:33Rod Palmer Sure. Sure. Yeah. I mean, those kids are gonna be like, wow. My mom was a fucking crypto all star, a Bitcoin. She frees you, Ross, among other things. But,

45:46Fundamentals that we're really on the topic. We got sidetracked. Well, it was the whole thing about, you know, when women are on birth control, they meet the wrong men. That was, like, the Oh, yeah. Yeah. Right. Absolutely. Find and then they find that out. So it's but I think when women are orange pilled while on birth control, that Do Yeah. They end up they end up being shitcoiners.

46:05Rod Palmer Do you think that women, are crabbier or less likely to enjoy bull markets if they're on birth control? They're more attracted to bear markets for some reason.

46:18Fundamentals I think when the bull market is on, it's just fucking, you know, we're strong like bull and it's just, everyone's happy, especially women.

46:28Rod Palmer That that that's a great point. I wanted to go back to n g u. We talked about overdosing on n g u. Yeah. So it's it's easy to forget. It's easy to forget that n g u affects everybody differently. Like there's some people who, you know, like Joey Diaz, he used to go on Joe Rogan, and he would eat, like, these death stars. It'd be, like, hundreds that nearly a thousand milligrams

46:52Rod Palmer of THC and his edibles. He would just, like, podcast, like, give, like, he would just be able he's somebody funny, keep going, and he would just go about his day, drive through LA on a thousand milligrams of weed. There are people with low enough time preference that can handle, like, a crazy amount of NGU and a crazy amount of Bitcoin price volatility and just, like, not even post any bullish means like not even be affected by it. But there's some people like it. Like the t the people who think they get high from CBD, it was like they make one or 2% gains in like an hour and it's like they can't handle it. They gotta, like, go and be in a room by themselves. How do you

47:31Rod Palmer how do you manage that? Like, when you're around people, how how do you be that shaman as a experienced orange filled Bitcoin podcaster? How do you be that shaman to help guide them through n g u? Eye on the prize, man. Eye on the prize.

47:45Fundamentals You know, that the reality is, you know, we're not gonna be you know, you're not selling all your bitcoin. Right? You're just

47:56Fundamentals you're not selling all your Bitcoin. So it's not that it's not that impactful. All it really means is that we can dunk on the people that the people that shit on us. You know? It's not that impact you know what I mean? It's not that impactful. Like, I guess you're right. There are people with such a high time preference that they every time Bitcoin has a thousand dollar candle, they do the math in their head about how much more

48:22Fundamentals how much more money they have, you know, and then they probably get big dopamine surge.

48:28Richard Greaser And then when we What do you mean they have more money? One Bitcoin equals 1 Bitcoin.

48:33Fundamentals Well, I'm saying that when you have a high time preference and you're priced probably in dollars, right, you're you're doing that, you know, doing that math in your head, I guess, and you're measuring your wealth that way. And I think you keep your eye on the prize. Like you said, yeah. 1 Bitcoin equals 1 Bitcoin.

48:52Fundamentals We don't have an you know, you wanna keep stacking sets. And the reality is it's not that meaningful really because it's so fucking early, and there's no rails to do anything with this shit. And there's a lot to build. Like, there's a lot to fucking build. And if we're not they're building it. None of this is gonna matter really that much. And so for me, it's very easy

49:14Fundamentals not to get too caught up just because there's so much to fucking build that it's actually I find it insane, right, that people go crazy over I find it insane that anyone would spend a millisecond on MicroStrategy's

49:30Fundamentals earnings. You know? And they go crazy over, you know, a couple of good days in the market. You know?

49:40Fundamentals So that's how I do it. You just keep the eye on the prize, and you realize the world's a lot bigger. You know? This just got a lot less funny, but it's fact is, you know, we are not even close to really being the the dream is so far fucking away. It's so far away, and it's not gonna it's not a price that's gonna deliver the dream. It's gonna be building the rails. It's gonna but price is gonna for a lot of people, that's a bit I mean It's gonna facilitate.

50:07Rod Palmer One of the things Bitcoin podcasters like to do is is act like, you know, you know, the price is no big deal. But we know it's a big deal. How do you, how do you what's your selling point? When you get a sell when you get a sell 10% Well, I don't know. Or, you know, whatever. You know what I mean? I really don't know. I mean, I I could tell you that I don't have any plans of converting was gonna buy a PlayStation, so you can play video games at at 250 k. Do you have anything like that?

50:40Fundamentals Well, no. But I spend I do spend Bitcoin a fair amount. You know? Shout out Otis Bitmire. I'm buying some coffee tomorrow. You know, I mean, I I

50:54Fundamentals I like to I do like to spend Bitcoin when I can, especially with people who are fucking awesome and make good shit. But I'm not waiting or I'm not look. I'm I'm older than most of you. I'm older than most of you, and I made a lot of money in fiat. And I already, like, really already bought myself everything I ever fucking wanted, to be honest. So that's probably why I don't get too excited about price. I'm already over, like, the I I was over that before I got in the big hole. You were over the Fiat, and you were ready for for something different. Well, like, you know, the world it I know it sounds fucking cheesy, and I think grifters say this a lot, but, like, I really am like like, I'm focused on my kids not having to go work for evil people

51:44Rod Palmer and building something for them. Alright. Are they orange pilled, or or is have you not been able to orange pilled them yet? They understand

51:51Fundamentals Bitcoin. They like it. But if I told them there was if I told them they had a wallet with, like, 2,000,000 sats on it and all they had to do was figure out, they wouldn't be able to figure out how to move it. So Okay. There's still a lot of is

52:06Rod Palmer that is, you know, that is the the the battle that we all face. It's like we are building generational wealth. But how do we convince, you know, our kids and our grandkids if they don't learn how to use, you know, like, an unchained multisay wallet or they don't understand how to use a cold card,

52:25Rod Palmer they're gonna they're not gonna get the generational wealth. They're gonna be shit out of luck. They're not saying that anything else for them. You know what I mean? It's like, if you want your narrative, you gotta learn you gotta memorize 12 words, and they don't they don't seem to care. They don't. But

52:41Fundamentals it's, like, we don't this is this thing's only 15 years old. So we don't know we Satoshi told us nothing of how to pass this on to a child, and there's really no archetype. You know, I was doing this I did this on the last rock paper Bitcoin where I said there's no there's only two archetypes in all of Bitcoin, which is you have the guy that disappears

53:04Fundamentals or you have the guy that fucking flames out and hubris is, you know, fucking with hubris just goes all shitcoin. Right? Those are the two archetypes we have. So we don't have an archetype for, like, the guy that figured out how to fucking get his kids to understand Bitcoin and, you know, especially

53:25Fundamentals if you're already old and and, you know, they spent most of their life in the fiat world, and there's not a lot of I don't get a lot of help. So that's, yet another reason. I don't really get too excited about price either. Because, like, the work is

53:41Fundamentals yeah. The work is teaching my kids, and it's a it's a long it's a long fucking

53:47Rod Palmer it's a long hustle. How do you keep your kids from shit coining? How do you keep your kids from from taking your, you know, your cold card your cold the cold your cold card inheritance and immediately, you know, putting it on wrapped Bitcoin or selling it to buy Monero. Like, how do you how do you prevent that from I don't. I can't. I can't. Right? Like, what would the conversation

54:09Richard Greaser look like if one of your kids stole your credit card and signed up to Coinbase and bought Dogecoin? Like, what would what would you do? Well Would you make them listen to Bitcoin podcast? That's yeah. Definitely. I would basically

54:26Fundamentals make them listen to, I would just force them to listen to the bugle over, like, the same episode over and over.

54:38Fundamentals I I'd make them listen to my podcast, go through I mean, that would be quite the crisis. But then again, that would actually show me some initiative. That would show me a lot more initiative than they're taking right now, which is they, you know, they come to they go to a meetup now and then, but they're not like, my god. If they actually took my credit card and bought fucking Doge with it

55:04Rod Palmer and figured out, you know, they'd actually have to open a wallet. Right? Imagine if they went to all that, for work, but it was to actually use a Dogecoin wallet instead of use the cold card that you've you've prepared to give them.

55:19Fundamentals Well, at least, like, at least they're learning at that. You know, they're learning they're learning more than what's that?

55:26Richard Greaser Would you feel better if they took it into self custody versus if they put it on a custodial wallet?

55:34Fundamentals Would that change your response? Yeah. It would. I would feel much better if they took it in a soft cuss yeah. We can even have a conversation. Like

55:41Rod Palmer one of those conversations to consolidate their UTXs?

55:45Fundamentals No. I do not. I do not. I feel like these they would be DCAers.

55:51Richard Greaser I I just think parents have to have conversations with their kids about shit coining in like, you know your kids are gonna have sex. Right? There's, like, a very high probability.

56:06Richard Greaser Unless you intentionally turn them into orange cells, which is possible. That might be one of the best ways to prevent your kids from having sex, prevent them from shitcoining. You turn your kid into an orange cell.

56:20Richard Greaser But most parents haven't done that. So you have to sit down with your kid and have a conversation of, hey, I know you're gonna shit coin, but here's how you shit coin responsibly.

56:33Fundamentals You know what I mean? You're gonna experiment.

56:35Richard Greaser You're gonna go through this trouble.

56:38Rod Palmer I would, you know, if my son wanted to shit coin, it's like I would rather him do it at my house with me there to, like, you know, make sure he doesn't ruin his life then just, you know, be out doing it, you know, on public Wi Fi or somebody else's house or on their phone on Robinhood.

56:56Fundamentals Mhmm. So here's where you guys are ruined with this. Okay. And this parent this is parenting one zero one here. Your kids don't need a friend to shake on with. That's not what they're looking for out of their parent. So, like, I know they may do this shit, but they will always know it's not okay with me. You understand? And that is that is important. What if your what if your daughter had a a boyfriend or a husband who was a shit coiner? That would be better than a no coiner. So I've told my daughters, don't even introduce me to a a boy unless he's got Bitcoin. And they've asked Oh, wow. What about shitcoins? And said that's better than fucking being some

57:35Rod Palmer some fucking non free. What would you do if she brought somebody home? And when you, you know, when you were, like, doing your greeting, he sent you a card to add his n pub on it. And he had not only was he a Bitcoiner, but he was active on Nostril. It and even had group chats. Like, how proud would you be?

57:55Fundamentals Well, I feel pretty bullish on the relationship. Like, that's, you know, that's definitely the way to get my attention for sure.

58:05Richard Greaser Are there certain shit coins, though, that would be deal breakers? Like, if your daughter brings home a boy Or two of coin, probably. He's wearing a deal breaker. But what if he's wearing a XR machine?

58:22Rod Palmer Oh, yeah. Ripple.

58:24Richard Greaser Yeah. Or or a Monero. Like, if if he's a Monero guy, you know you can't trust him because he's trying to hold secrets. You know what I mean? Right. Right. And, Arnie, I think about it. Like,

58:36Rod Palmer if somebody experimented with Litecoin in college or, like, maybe they they dialed in some Ethereum, did some DeFi shit, whatever. Like, they did not already, buddy. But, like, if they're fucking, like, addicted to trading XRP or they're fucking, like, BSV, BKS, they're big blockers

58:59Rod Palmer or, you know, just you know that, you know, the the they're big into fucking polka dot. Like, alright, dude. Like, polka dot. Like, that's pink. Why is he why is he polka dot? But, you know, whatever. Is there a Shiba Inu? Right. Like, if Shiba Inu is like, maybe she's just dating, like, an idiot like Gronk.

59:19Rod Palmer You know, like, what is what do the shit coins matter? This is a good question.

59:23Richard Greaser I would say which

59:25Fundamentals one? Not as much as being a no coiner. I'd rather a shit coiner than a no coiner because I feel like I can rehabilitate a shit coiner. What if it was, you know, somebody who just

59:35Rod Palmer had a lot of MicroStrategy stock? They didn't actually have Bitcoin, but they had a lot of MicroStrategy

59:41Fundamentals stock. Get the fuck out. Get the fuck out.

59:45Rod Palmer So you don't think it's gonna save the insurance in the

59:51Fundamentals well, it might save it might help. It I mean, look, dude. Does that do we really wanna talk about this micro strategy thing now? You sound like you do. Nope.

1:00:02Rod Palmer If you have to ask, remember like I said, a Bitcoin podcaster should never assume his listeners' time, like, time preference. You know, if if, if you have to ask, no. Talk about it.

1:00:17Fundamentals No. I mean, look, microstrategy I I these microstrategy I'd rather have a shit corner than a microstrategy bro for sure show up to my government.

1:00:28Rod Palmer Why? Why would you rather have somebody who is, like, trading Polkadot and thinks Chainlink is in Cardano. They're gonna, like, revolutionize the world instead of somebody who understands the the creative value of the Bitcoin purchases to MicroStrategy

1:00:44Rod Palmer equity.

1:00:45Fundamentals And then Well, I think I can find out Bitcoin. I think I can find out in one conversation how far away that person is from being rehabilitated than than a MicroStrategy fucking idiot. So that's really what it comes down to. It's like, I feel like I can assess

1:01:02Fundamentals a shit corner better than a somebody who operates strictly in fiat?

1:01:08Rod Palmer You don't want somebody who thinks they understand fiat debt markets better than you. They want you want somebody who thinks they understand, you know,

1:01:18Fundamentals their, you know, crypto universe. Oh, yeah. Dude, nobody thinks I mean, the shitcoiners are the kings of thinking they understand this better than us. And I'm, again, I'm better raw. But I'm better with I am more okay with, like,

1:01:37Fundamentals accepting somebody like that potentially into my family than somebody who operates strictly in fiat. It's as simple as that. Tether? What if it's tether? Even if it's tether, the same deal. Right?

1:01:52Fundamentals It's a matter of, like,

1:01:55Rod Palmer tether is better than being a fucking no. I can convert you to Tether. At least at least at least you know your daughter's dating somebody who's not spooked by FUD. You know what I mean?

1:02:04Fundamentals You want it to be at least, you know, pretty tough. They need to they need to be over the Rubicon of being just a fucking Fiat slave.

1:02:13Rod Palmer For sure. So, you know, if they're Go ahead. If they're using Tether, which chain

1:02:19Richard Greaser they operate on. So, like, is there kind of like a scale

1:02:24Rod Palmer that make you more comfortable, like, if they're using Right. Like, like, my food stands being issued on Tether on Tron. Like, do you care if

1:02:32Richard Greaser they're using Tether on Tron or Tether on Liquid or Tether on Ethereum?

1:02:38Rod Palmer Warren Algorand.

1:02:40Fundamentals You guys are giving me a lot to think about. What's a lot of? There's a high dot there's a fairly there's a fair likelihood my daughter will listen to this podcast, so I think this is good. This is a good conversation. This is gonna save me a lot of time, actually, talking it out with you guys. Yeah. I, you know, clearly, I think that a guy who's using fucking Tron is going to be harder to,

1:03:08Fundamentals you know, I'm not exactly that welcoming, but all I'm saying is that that guy is gonna be better. This has he's at least gonna get a shot with me, over somebody who, again, doesn't has you know, basically is is all fiat and basic no corner, you know, even in even ETFs.

1:03:29Rod Palmer Sorry. Will you require them to convert fully to being orange pill before they marry your daughter?

1:03:37Fundamentals I mean, god. I don't know how here's the thing. I don't know how much fucking say I really have in all this. Right? So, like, the ADIQ answer for me is, like, just if he has Bitcoin, that's gonna

1:03:54Fundamentals that's gonna fucking eliminate it's gonna eliminate a lot of the problems. Okay. It's not gonna eliminate all the problems, but it's gonna definitely eliminate a lot of the problems. That's the good 80 to me, that's like the best ADIQ answer. Right? And, you know, I feel like I will take it from there at that point in time.

1:04:16Fundamentals Now, you know, I think I have a lot to do with how this person turns out anyway. Right? So if I can get somebody that's at least close enough to where I want them to be, I can I can take it from there? What are your thoughts on

1:04:30Rod Palmer anybody who try like, whether it's you and your wife or your children and their relationships, try to, like, resolve problems through religion or pharmaceuticals

1:04:43Rod Palmer or through therapy instead of letting Bitcoin fix the relationship. That's a red line, dude.

1:04:51Fundamentals Red line. We don't trust professionals to first of all, who the fuck are you gonna go credentials. Don't well, no. I don't well, did I say I don't trust credentials?

1:05:05Fundamentals I said I don't trust professionals. I I I I maybe I'm conflating the two. But But, yeah, I wouldn't trust a credentialed professional to, settle a problem in a personal relationship. By the way, like, in if you if you can't, like, what are you gonna do? Tell them that,

1:05:25Fundamentals tell them that you have Bitcoin and, like, oh, no. Well, you know, doctor client privilege. I'll never never tell anybody. Like, fuck you, dude. Like, you if you you can't even talk about any of that. Y'all tell your therapist how many Bitcoin you have. That's a that's a good one. That's a big yeah. That's a big that's a big mistake people, I think, are making. A lot of Bitcoiners are making that mistake. They're telling they think they can trust their therapists and their attorneys and their doctors with this information. And they're basically just KYC ing themselves with these people.

1:05:59Rod Palmer Yeah. You don't want KYC therapy. That's for sure.

1:06:03Fundamentals Yeah. So that's a red line. Right? I was gonna say when you when you asked, if they're like, if I'm okay with them using tether on Tron, I was gonna say, well, are they vaccinated? You know? So, like, I think that's gets it's like, well, they better not be. You know? Like, my god. Thank god. Thank god, like, I kept my children from being vaccinated. Right? We're gonna bring that shit in now. So, like, I think if if I got a good Bitcoiner, I don't have to worry about I feel like I feel like a lot of things get handled.

1:06:36Rod Palmer Would you directly ask if he was vaccinated, or would you try to

1:06:41Fundamentals indirectly find out? Just keep talking about it. I think it's easy to pretty I think it's pretty easy to figure out. Where'd you go to college? That's the answer to that question will probably reveal it's true whether or not because well, especially if he's if they're in the same age as because like, 90%

1:07:03Fundamentals of fucking colleges in the country required vaccination. Right. And I know I I know, like, all of them that didn't.

1:07:12Richard Greaser So I think it'd be cool to do a list of, like, what characteristics in a man you hope your daughter

1:07:23Richard Greaser finds. So, like, like, top tier,

1:07:26Rod Palmer bottom tier. So, like, the top high real wallet would he use? What kind of Bitcoin podcast would he listen to? Like, what is the ideal yeah. You know, Bitcoin and the viewer that you want for your daughter. Yeah. I mean ETC Sessions, Sam Kiln, and Stoney. Like, what are who are we talking to?

1:07:46Fundamentals Those would all be fine choices. But, you know, they're on the older side. But, yeah, I mean, I think those are all good archetypes to bring a son into my into my family. Oh, yeah. I would have no problem with either of those if somebody who is akin to to those three guys.

1:08:05Richard Greaser So maybe we could do, like, a top tier, middle tier, bottom tier. Sun material? Tier is like the cutoff of what you'll accept.

1:08:16Rod Palmer Wait. Wait. Wait. Wait. Wait. Wait. Wait. Breedlove. Oof.

1:08:20Fundamentals Oof. Well, I got Just much tier, I guess, would you put in then? In terms of sun material, it's bottom tier, my friend.

1:08:29Rod Palmer Bottom tier. Bottom

1:08:31Richard Greaser tier. So he would be acceptable, but you wouldn't be excited about it. I wouldn't be too happy about it given,

1:08:38Fundamentals But it wouldn't be like that. What his last wife had to say about him. I wouldn't be too happy about it. What what about shinobi? The he's on no tier.

1:08:48Rod Palmer No tier. No tier. No tier. He doesn't make the cut.

1:08:54Fundamentals No. Sorry. Steven Luke went to the top tier. How did you have that conversation with your daughter? So

1:08:59Richard Greaser she comes home. She tells you Shinobi's hot.

1:09:04Fundamentals What do you say? I say there's more to life than being hot.

1:09:08Rod Palmer When all this hot doesn't mean we are gonna be my next question. What if your daughter came home with, I mean, when all of them what if she what if she had when all of this hot posters in her room? How would you feel about that? Well, that would be very interesting.

1:09:27Fundamentals I mean, you know, we have some conversations. Like, so, what, you know, what do we all know she's hot, so let's not pretend that this isn't it's not a gender specific observation. Right?

1:09:41Rod Palmer Oh, right. Right.

1:09:43Fundamentals Are you saying, like, there's some I mean, I haven't seen any, like, Linald and teen beat type of posters, you know, super sexualizing or or anything like that. I think she's just hot from, like, her normal, her normal headshot is just pretty,

1:10:01Rod Palmer What if what if she came home what if she came home with, what's the guy? The Yeti? JW Weatherman. JW Weatherman. What if she came out with JW Weatherman?

1:10:14Fundamentals JW. For sure. That would be fucking wild. Oh my god. That would be fucking wild. What if she came out with Madex? Dude, that would be that would be fucking cool. I probably TA. Probably put Madex in the top tier, my friends.

1:10:30Richard Greaser Nice. What about Terrence Yehey?

1:10:34Fundamentals Oh, man.

1:10:35Richard Greaser Would you make her wear a helmet when she drove with him in the court? Well, she

1:10:41Fundamentals she needs a little more experience driving. I'll tell you. So

1:10:45Rod Palmer When she came home with, with pop? Pop. Yeah. This would be that'd be.

1:10:52Fundamentals That would be that pop is is pop zero tier.

1:10:56Rod Palmer No go. No go. Okay. He's only with a lot of people. If you like. I mean, dog okay. This this is this is obvious.

1:11:04Fundamentals Dennis Porter. I mean, I'll just just go back to like, if you've if you've already and this baby goes back to Breedlove too. You let your daughter to nary Dennis Porter? Dude, there's gonna be too many fucking rock hard dudes around. I can't have that. I can't have That's fair. So many hard fucking men in in my home. You think that would be that would

1:11:27Rod Palmer eventually be impossible for Dennis Porter to resist?

1:11:32Fundamentals I don't know. Resist. I just think it's unworkable to have Dennis Porter in your life because there's just too many fucking horny men around. Do you think if there's any woman who could,

1:11:42Rod Palmer be a good candidate to be Dennis Porter's wife? You think Jessica Jessica Hovler could do it for Jen Erso?

1:11:51Fundamentals Jen Erso. Yeah. That's a good candidate right there. Yes.

1:11:55Rod Palmer Honestly,

1:11:56Fundamentals I could see it. Yeah. That's just that would just it would be unworkable for us. Yeah. Unworkable. Dennis is unworkable. I can't he's not son. I can't have him as a son. I'm sorry. I can't I just it's just like you know, I expect my daughter to have, like, seven sons. And I What about Jamis a lot? I can't have Dennis Porter having them all hard all the time. I just can't do this. Alright. What about Jameson Lop? What about but he's, like, my age.

1:12:23Rod Palmer Jameson Lop, isn't he? That that that that could happen. I mean, you don't know. Maybe some girls end up being orange pilled by a much older man.

1:12:33Fundamentals It could happen. I will say he knows how to protect,

1:12:37Rod Palmer the seed phrase. Sure. You be key. Do you think he's vaccinated?

1:12:41Fundamentals I would get I would I think I would guess. If I had to bet, if I had to put odds, I would say fifty fifty. So, yeah, it'd be a pick up.

1:12:50Rod Palmer Last one.

1:12:51Fundamentals Corey Clifton. That goes back to you can't be a scammer or you can't you can't.

1:12:56Rod Palmer Is that an accusation? Why did you just been noticing? It's just Oh, yes. It should exactly.

1:13:02Fundamentals Is it okay to notice sometimes? Of course. That was a good one. Yeah. I I you know, I haven't set rules against my daughter marrying Jewish men per se. But, You know, I think the bar probably has to be higher in that case. I don't like I don't think,

1:13:21Fundamentals Cory is exceptional enough to meet that bar now. I mentioned luka like that dude that dude would be welcome any fucking day. Right. It's like He's a model model fucking sun material right there.

1:13:36Rod Palmer When it comes to a Jewish man or just a a Jewish person, they're obviously going to,

1:13:44Fundamentals they're obviously gonna understand Bitcoin. Right? Like, we kind of, established that. I think it's one of two. No. They're either gonna be they're either gonna get Bitcoin or they're gonna be fiat, total fiat tools. I think the majority of them are fiat tools, unfortunately.

1:14:01Rod Palmer But don't you think they've lost fiat tools or using Bitcoin at this point, even if not publicly?

1:14:05Richard Greaser You don't think they have the ETF in their four zero one k?

1:14:10Fundamentals I I don't. But even if they did, that's to mean that's still not that's not that's not having Bitcoin as a tool, really. But I don't think they are. Is using but MicroStrategy,

1:14:21Rod Palmer they are using MicroStrategy.

1:14:23Fundamentals They they that they probably are. Look. I don't have a good read. I guess I really don't have a good read on Jews because I gets I you know, whenever I find out that one of them is super powerful, I'm like, holy shit. I didn't know that. Nobody told me that shit. You know? So I I probably don't have a great read on them. So, like, if I just go by what I know and what I see, it's not doesn't seem to be representative of what's going on. Be on Telegram.

1:14:48Rod Palmer Anyways

1:14:51Fundamentals But based on what I see in my communities, none of them are fucking involved in Bitcoin. Almost none of them. Interesting. I mean, look. There's small percentage of the population and a very small percentage of population is using bitcoin and I think being jewish is a bit of a handicap to Seeing the value bitcoin in general, I think being Jewish has cultural issues that make it hard to see Bitcoin. Like, I think they tend to be

1:15:17Fundamentals woke, liberal, and those are things But they all appreciate

1:15:21Rod Palmer well, they all appreciate prices going down.

1:15:24Fundamentals Fuck. Yeah. And maybe we see you know?

1:15:27Rod Palmer That that's that's the case. We all know. We all know. We all know. It's like it's like, oh, black people like chicken and watermelon. Well, so do I. I love those things. I also love to see if the price go down. So it's like, I get it. I That's the common ground we can all fucking get behind. Right? Right. Where we all yeah. Everybody can notice that. And everybody It's a danger, apparently. Who apparently thought thinks deflation is the worst thing that happens to a society. But Well, he's Muslim. So,

1:15:55Fundamentals they But that's the common ground. Right? The common ground is we all think prices should go down. Very true.

1:16:02Rod Palmer Well, before we get to the, Elliot, do you have any more questions, Richard?

1:16:09Richard Greaser I'm sure I do. I mean, this has been a very interesting conversation. I think this is the first time we've ever talked about, racism together. But, yeah. I mean, I I wonder if the Jews just have better OPSEC

1:16:28Richard Greaser than the Gentiles. You know what I mean? Which is why you might not think there's as many Jewish people in Bitcoin as there is.

1:16:37Fundamentals Very possible. Like, especially if Satoshi was Jewish, that would make that would be the

1:16:43Richard Greaser exception that proves the rule there. Yeah. I mean, I I think the Jewish people historically have had a lot of reason to practice good OPSEC. You know what I mean? There's been a lot of wealth confiscation

1:16:59Richard Greaser throughout history.

1:17:01Fundamentals They don't really have a lot of upset about being Jewish. Alright? Or at least the, you know, the ones that are in the public eye

1:17:10Rod Palmer are very But maybe they but maybe but maybe maybe you think that, you know, you don't work you don't see anybody in your Jewish community. You don't think they use Bitcoin, but maybe they do. And they just have That's a good point. Much better OPSEC. Because they just they, yeah, they don't want you to turn them into the IRS and say, like, oh, this guy can afford his taxes,

1:17:35Fundamentals your knowledge proves.

1:17:36Richard Greaser Your last names.

1:17:39Fundamentals Yeah. Yeah. It's a good point. Right? Did you say Coin Joining your last name? Mhmm. Yes. Yeah. I caught that. Well,

1:17:49Richard Greaser I to be honest, I'm really tired. I've been surprised. I thought the bull market was gonna bring me a lot of energy, and it's just brought me tiredness.

1:18:03Fundamentals I don't know if you guys are experiencing that at all. Yeah. I think it's, I think it's just aware for me, though. No. I'm getting a lot of energy. And, actually, so I have a small request for you guys. My meetup had a had a dinner, and we tried to we we thought we would maybe dial you guys in and, didn't work out. And, we're having a celebration dinner tomorrow night. And, so maybe you guys wanna,

1:18:34Fundamentals give them a little give them a couple words of couple of words of encouragement from from Rod and Dick who these guys are, oh, dude. You know what? I know what you guys don't have. You don't have a name. I was gonna say, like, buglers, but you don't have, like, a name. Like, these guy like, I was gonna say, these guys are big fans of the bugle. It's the intellectual Silk Road.

1:18:58Fundamentals Is it? Is that what it is, though? Does that work? Does the does that work really for for, that's a that that's a that's an interest so that's a a potential thing we can talk about for a minute. Like, what could be the name of the people that follow the vehicle? It's not that easy to come up with, dude. Like, you know, I talk about fish a lot, and, like, when

1:19:25Fundamentals there was a big there was a big, like, brouhaha about calling fans fish heads because they didn't wanna be, like, dead and have dead heads. They thought it was unoriginal. And there were these, there was a whole bunch of camps that tried to come up with names, and then none of them worked, and it just ended up being fish head. And it just, like, it's, like, just is what it is. Well What do you call your what do you call your fish? I don't I don't I don't think that that is for me to decide.

1:19:52Rod Palmer I I think it's up to them to decide what they want if if they actually care and wanna be called something. If I had to make a suggestion, I I think we're Bitcoin podcast listeners. Forty hour club, maybe.

1:20:06Richard Greaser Well Yeah. You know, when I think of a a bugle is listener, I think of somebody that is highly informed in ways that other people around the world are. You know what I

1:20:20Rod Palmer mean? Who's based on Alden is hot?

1:20:22Richard Greaser Yeah. Yeah. They they they hear the most important ideas and and stories before anybody else does. So it's it's almost like they're front running everybody else. You know what I mean? I do.

1:20:38Fundamentals I I Maybe they don't need a name. They don't need to identify them.

1:20:42Richard Greaser Mhmm. Yeah. We're not trying to run a color revolution here. You know what I mean? It might happen anyway, but, yeah, I I get it.

1:20:50Fundamentals So, anyway, so you've I don't know. I I wouldn't mind giving a shout out to, shout out to my meetup and our celebration. And just they love you guys, and that's all I wanted to tell you.

1:21:08Rod Palmer Yeah. All of them yeah. All I yeah. We know a few of those guys. We interact with them. So the ones that boost us on fountain, fuck in hell, yeah. We love you. And, we're I forget what you said you're celebrating.

1:21:22Fundamentals But We're celebrating the 100.

1:21:24Rod Palmer Oh, 100. Yeah. That's right. Fuck. Yeah. I mean, the last episode, we did when, Bitcoin hit 100 k, and, Shenode was drinking beer and got hammered. It was fun. Guys deserve celebration too.

1:21:41Richard Greaser Well, we had a 100 k today too. So this is a 100 k celebration.

1:21:46Fundamentals Oh, yeah. Okay. But, you know, you always remember the first time.

1:21:50Rod Palmer We're gonna be talking about party. I'm like, it's a 100 k. Because it was a long time of party. Well, alright. So are you ready to read the fountain base? We got fountain base on our last episode. First, I think, is the first time or We're doing this. Podcast. Okay. Why do it? Yeah. I'll start with the Arabic letter made guy. It's 1,000 sets or covenant with Peter Todd, aka

1:22:16Rod Palmer Shiboshi something, is what drives us forward. Very well said. I didn't even realize

1:22:22Richard Greaser we got found boost. Yeah. We got several. What do you think Peter Todd's up to right now? You think he's Jewish?

1:22:28Fundamentals Some Russian chick or Ukrainian chick? He's not Satoshi Satoshi then, so don't worry. It's not even it's not even a relevant question. If he was Jewish, would that make the odds higher that he was Satoshi? Yes. Clearly. Interesting. Well, thank you very much. You know, he did get pretty haggly with, wanting to be zapped for his work If you recall right you got a little, you know, you got a little, uppity

1:22:52Rod Palmer Just something you might notice

1:22:54Fundamentals for his you know for his reports that he wanted, you know, he like withheld his reports because he he wanted to get he wanted, like, you know, 300,000 or something like that. Yeah. Oh, yeah. I I noticed. That's pretty Jewish. Yeah. Yeah. I noticed.

1:23:08Rod Palmer Yeah.

1:23:10Richard Greaser Is wanting to inflate the supply of Bitcoin Jewish or non Jewish,

1:23:16Fundamentals you think? I think that it's non Jewish. I think that wanting to inflate the supply is trying to play God. I think and I think that is distinctly non Jewish.

1:23:27Rod Palmer Well, that's yeah. Peter Todd supports the the,

1:23:31Richard Greaser tail emissions. I mean, that was a big reason why I submitted my bid proposal is because I was worried that Peter Todd's tail emissions would be, taken seriously. My HODL tax proposal.

1:23:47Richard Greaser Like, his his whole concern is that the security budget is an issue. Right? And his solution is to

1:23:59Richard Greaser add tail emissions. And the HODL tax is a way to go about things without inflating the supply

1:24:08Rod Palmer or, you know, having to do anything funky. Check it out. It's it made the, the It's BIP BIP 300? What is it? The mailing list.

1:24:16Fundamentals Which BIP is it?

1:24:18Richard Greaser It's in the 400, so I don't I don't even remember the number. We're we're a few news stories after that. Well, yeah. Thanks for the boost. Next boost is from We All Eat for $6,196 sats. They say,

1:24:37Richard Greaser thanks, Dennis Porter. That dude is a pod hot comp fag bag hot. LOL.

1:24:45Fundamentals Just a bunch of fag hot cunts. He's the best. I'm not sure what a fag hot is. I don't know, but anytime Chet boosts and by the way, I think he when the last time I was on with you, he was like, who's that faggot? And I'm like, I fucking Thank you. Thank you. Then I was like, who's that Jew faggot? That that'll definitely be his boost. BTC

1:25:06Rod Palmer on board, Ellen Hance or hashtag CTV based at us, got a double base here for 300 stats. Maintaining compliant lightning infrastructure that honors our ancestors is critical. Could not agree more. So

1:25:22Richard Greaser is part of the reason why you don't think Shinobi would be a good, partner for your, daughter, his stance is on scaling.

1:25:34Fundamentals Yes. Yes, too. It's just too gay. Which part of it? I'm not a big, I'm not a fan of scalers, even though I like understand I'm interested in the conversation, but I don't like I think it's just so early

1:25:52Fundamentals to have a strong view, as strong of a view as he has on it. I think it's just way too fucking early. And it could just be me not being informed enough, but, it would cause way too many it's like having it's like having, you know, political problems in your family. Like, I I think, like, that might be just the problem right there. Like, we I would just be inviting political problems. I'm not ready to, just not ready to fucking battle on that level

1:26:20Richard Greaser with my son. I think so.

1:26:23Rod Palmer No big blockers for sure. The, the last one is from who who else? Pies, hired sets. Pies. Beer and cigarette emoji. Fucking bad. Gosh. What a champ. Right. Thanks so much for coming on fundamentals. Yeah. Run.

1:26:39Rod Palmer So, I want to guys. Yeah. Talk to you guys later.

1:26:44Fundamentals We didn't get to tell any jokes here, but we did a good we made podcasting history, I think, on this one.