0:00Richard Greaser Welcome to this edition of Behind the Podcast. This is your co host, Richard Greaser. And tonight, we're gonna be interviewing, prolific, Bitcoin bear and, Twitter space's commentator,

0:19Richard Greaser Shinobi. How you doing tonight, Shinobi? Doing alright. Doing alright.

0:25Shinobi Enjoying a beer

0:27Rod Palmer after five years. Yeah. What's, what's the celebration tonight? What's, why are you drinking the special beer? Well, I don't know. I think that, like, Bitcoin,

0:36Shinobi just hit a point where it it deserves finally drinking a beer after five years. A 100 k. It just just feels right.

0:46Rod Palmer USDT. 100,000 tethers for 1 Bitcoin. We finally did it. I mean,

0:56Rod Palmer I don't know if you saw Dennis Porter. He tweeted immediately, you're welcome. He did it. You know? That has got us over the he got us past

1:04Shinobi the cell wall. Only America, though. You know, he he he really is a bigoted nationalist cunt. You know, I I feel really bad for Europeans tonight, you know, who haven't quite made it to that 100 k mark yet. You know, Dennis did nothing for him. He just left him out in the cold hanging. Our ancestors our ancestors were just left there helpless waiting for that to come, and Dennis did nothing for them. Well, I I I appreciate

1:34Rod Palmer the, importance and the respect that you have for Desport, but, I think you're being a little too hard on him. I think that he's doing his best to protect Bitcoin, self custody and protect Bitcoin's rights in America because he's gonna have to step up once, once that happens here, he's gonna have to like lead the United Nations, like the new orange United Nations, and he's gonna defend the sovereignty of sovereign nations to have the right to self custody.

2:06Shinobi I think he's the you know, he's one step at a time. I mean, you you just think that, like, our our great great grandparents and their great great grandkids would be somebody that Dennis would think about. Like, I I understand. You can't you can't help everybody at the same time right away. But they're, like, distant family. Like, going back a hundred and twenty years, man. Like, you can't take care of your distant family first.

2:33Shinobi It's just messed up priorities. And, like, he tries to put himself out there as a patriotic American Bitcoiner, and he isn't even thinking about our great great grandparents' great great grandchildren. That's just un American. Well,

2:49Rod Palmer Dennis Porter is looking to the future. He's not looking to the past. The ancestors that you're speaking of are laggards, and

2:58Shinobi Dennis Porter does not support laggards. Dude, the past is the future. The past the the past decides the future. It's what came before

3:07Richard Greaser that that paves the the road for what's going to come. So right right now, I I think it's important to preference, before we go any further. So right now, you know, as we we we have been talking for a little bit before we started recording. As we've started talking, Bitcoin just hit a 100,000 USDT per coin. And now it's at a 103,000 USDT

3:35Richard Greaser per coin for the very, very first time in Bitcoin's history. You know? It's looking like nothing.

3:45Rod Palmer Which which, which price feed, which Bitcoin company or crypto company price fee were you watching when it crossed a 100 k? Because that would that's a big moment.

3:56Shinobi Mhmm. It's it's it's Cash App. You know, it's it's, an American company, you know, built by a a true liberal American, and, they're they're very compliant. Like, they're they're one they are one of the most seamless compliant lightning experiences in this entire ecosystem.

4:15Richard Greaser Like, I I couldn't imagine watching anyone else. Well, they they definitely are a big driver of Benjie. But I I just wanted to know, you know, since Bitcoin hit a 100 k, you know, in the last hour and a half, have you thanked Dennis Porter yet? No.

4:36Shinobi I was trying to craft, like, an appropriate message. You know, I'd I'd take these kinda thank you messages very seriously. But after what he did to our European ancestors, leaving them out in the cold, I don't think he deserves it yet. Okay. I understand. Deserves a thank you until we're we're at a 100,000

4:56Richard Greaser for Bitcoin too. Well, okay. I don't know. I mean, it doesn't make any sense to me. Like, you know, Dennis Porter is American. He he he has a American first bipartisan attitude. You know? He can't solve all the world's problems all at once. And I I feel like the burden the the burden of lack of NGU belongs on the shoulders of the Europeans who failed to to essentially create their own Dennis Ward. Dude, you Europe birthed America.

5:25Shinobi Like, that that's where

5:27Rod Palmer Americans came from. So do you think that so do you think that Dennis doesn't respect his mother? In a way, Europe birthed Dennis Porter. So Dennis Porter disrespects his mom?

5:39Shinobi Exactly.

5:40Richard Greaser I I I feel like your your attitude is very, unpatriotic, and it's it's almost Canadian. You know? Because, like, Americans are not beholden to to Europeans in any way, shape, or form, whereas Canadians are. You know, Canadians are ruled by King Charles.

5:59Rod Palmer Here's the thing, though. Here's the thing. Shinobi is somebody who likes to sip a queen. If he finds a queen, he's ready to sip a queen, and I think that's kind of probably

6:11Shinobi where he's coming from. No. It's it's it's just about recognizing your history, like, giving thanks to where you came from. But it it it's that simple. Like, you you you put it perfectly, Rob. Like, Dennis is not respecting his mother. He he doesn't have to let his mother rule his entire life, but he should he should show some gratitude.

6:36Rod Palmer What I'll I'll I'll give you I'll grace you that. My question to you would be, are we now at the point where you're ready to apologize to Michael Sailor

6:49Rod Palmer for, not believing in him that he could get us here. No. And why not? Do you think that's fair? Do you think that that, that for maybe the forgiveness is for you, not even, you know, yeah, the apology is for you, not for him. What what what what does the price of Bitcoin have to hit for you to be willing to apologize to Michael Sailor? There is no number,

7:11Shinobi especially when you're asking me to give Sailor credit for Dennis' accomplishments. Like, Sailor Sailor didn't do anything. This was Dennis. Like, this is Dennis's, and he he will get my things

7:26Rod Palmer when he shows his proper respect to where he came. Yeah. So it's it's Sailor needs a little bit of a ego check here as well. Let's say let's say, you know, Sailor has been on the timeline. He's been stepping on Dennis's toes with announcements and announcements and announcements for for example, Marathon keeps, getting, raising money to buy Bitcoin like like MicroStrategy is, and Sailor has been doing a lot of the announcements for that. And it's it's you can really tell that and then Dennis are competing for credit

7:60Shinobi for this big achievement. Yeah. I mean, he's just an arrogant arrogant clown. He's constantly looking for somebody else's work to take credit for. Like, he he deserves no thanks. So would would you put Michael Saylor in the same camp as Dan Held? Yeah. I almost would. You know, actually, no. I I definitively would. But in the same way that Dan Held just just retweets other people's content as if it were his own, Michael Sailor just regurgitates, things that Trace Mayer used to say. And he he he he's just a pretend Trace Mayer. He wow. Yeah. That's a good point.

8:36Richard Greaser It's So there's some pretty serious allegations.

8:39Rod Palmer What if Trace Mayer came back

8:42Shinobi and called him out on this? I think that would be a well deserved check. 100%.

8:50Rod Palmer He even dresses like Trace. He starts dressing like Trace when he goes on CNBC

8:55Shinobi and Bitcoin podcast. So yeah. Yeah.

8:59Rod Palmer Well,

9:01Richard Greaser are you feeling optimistic? So, you know, I've heard some some murmurings recently that you might be potentially doing a reality TV show. A Bitcoin version of The Bachelor.

9:16Shinobi These are completely unsubstantiated rumors.

9:19Rod Palmer You're searching for a muse, a muse to inspire you to create beautiful orange gold

9:26Shinobi anime, non KYC anime. I think the the these rumors, wherever they came from, need to be called out as just horseshit.

9:37Rod Palmer This is what David Thailie told us. This is what David Thailie told us. David likes to say a lot of things. David said if you don't if you don't go to Washington, DC and be a White House correspondent, like you're told, that the only alternative is that you have to go on The Bachelor

9:55Shinobi to find a niece. Doing either of those things.

9:59Rod Palmer You you you said that out of principle that you would, that he would refuse to to accept your assignment.

10:06Shinobi What would she what would he do next? I don't know. I think I I would have to explore the space of independent media. You know, I I have a lot of things to say. I think I have an important voice in this space, and, it needs to be heard regardless of whether David is going to pay me to speak or not.

10:28Rod Palmer Could you would you would you procrast do you think you would procrastinate too much if you didn't have, somebody yell at you for not turning your, your work?

10:39Shinobi I procrastinate plenty anyways even with that. I I don't think it would make a serious difference at all. Well, I can understand why you wouldn't wanna talk about the show,

10:50Richard Greaser because it would kinda ruin the surprise. But I'm kinda curious, would would you be interested in doing hypotheticals,

10:56Shinobi discussing a theoretical show like this? I don't I don't know what the point would be of, discussing hypotheticals of things that won't

11:04Rod Palmer That's what Bitcoin podcasts are all about.

11:06Richard Greaser Yeah. I like, the the question that that I really want answered is would would d plus plus even be eligible to be on the show? Like, does she meet the requirements of the bar in order to muse. And she even be your muse. Yeah. Not not even to, like, you know, be the one, but to to even have a shot at being the one for entertainment purposes. Like, maybe, you bring her on for, like, being willing to lose round one. You know? Neither or not. Yeah. No. I think that would just be cruel.

11:44Richard Greaser I don't know. Yeah. I I I don't think it would be fair to her to to even put her in that position. Well, this this is, like, you know, a a real thing with The Bachelor, you know, shows like that, you know, which can be kinda cruel. Like, I I I think we would we'd have to title this show The Orange Bachelor, you know, because there's, like, the golden bachelor for, like, old people. I don't know if you've seen that one. Right. But, like, a Bitcoin bachelor is an orange bachelor. But, yeah, I mean, like, there truly is you know, and I've been absolutely shocked by this, to be honest.

12:23Richard Greaser Not not in any way it puts out to you, Shenobi, but we we've had so much public pressure to be more inclusive since we started sharing our opinions on Lynn Alden being hot, publicly

12:40Richard Greaser to cover male Bitcoiners being hot for, you know, with the female Bitcoiners, like, to help them feel included. Our DMs have just been flooded, you know, with with ladies that think you're hot. Well, I don't know what to say, ladies.

12:59Shinobi I'm a man with a higher calling in his life. So you're playing hard to get? I just have things that, I think need to get done, Rod. And, What? I don't think many people are willing to to do what's necessary to to get them done and, go to jail. So I'm just gonna have to do it myself.

13:18Rod Palmer Well well, what would you, you know, say you you would be looking for in in a in a match other than being supportive of you going to jail? I mean, I I think everybody should expect their, significant other to be supportive of them going to jail. But assuming you added that, what else what else would you, like, want in quality? Well, I don't know, Rod. You know? I'm a very sexual guy, so

13:44Shinobi should we just have to be willing to to make the commitment for regular conjugal business?

13:51Rod Palmer Okay. Yeah. Yeah. For sure. So if you think should I be as hot, would you, you know, would you some some of these girls are like, I would be your conjugal visit. Well, I mean, it's it's the the basic

14:02Shinobi foundation you need for any relationship. Like, it doesn't matter whether you're in jail or not.

14:08Richard Greaser Do you kiss on the first conjugal visit? I mean, I think that'd be a little weird not to. Like, what do you think's most important for a healthy relationship? Having sex regularly and kinda being on the same page with that or listening to Bitcoin podcast together as a couple? That's a really tough that's a really tough one, Richard.

14:30Shinobi I don't know. The autism in me just asked why you can't just have sex regularly while listening to Bitcoin podcasting. But I I don't see why those things have to be mutually exclusive. That's a good point. Like,

14:44Rod Palmer what about would you listen to the same The Quip podcast or different ones?

14:50Shinobi I think that really depends on other Michael Saylor. I I don't think I I could handle listening to situation. I I could understand why a few

15:04Rod Palmer So I think it would be natural that, you would probably listen to Dennis Porter, like, in your headphones. What would what do you think would be the equivalent of of what, of what she would listen to in that in that scenario?

15:20Shinobi Same thing. Yeah. I think this is just one of those situations where a man would tend to delude himself and answer the same thing, but I I think that the truth is Michael Saylor. Yeah. Yeah. Might be hard to but I think every I think both

15:35Rod Palmer would probably switch to listening to, like, a podcast with Adam back afterwards and then falls so they could fall asleep. Oh, yeah. That's just podcasts with Adam are are you're great for that. But I guess Yeah. Yeah. Get rid of your metal tone. Better than Ambient. What, At least Ambient can be fun sometimes. I I guess stay awake.

15:56Richard Greaser You I guess you would have, like, different podcasts for different moods. You know what I mean? Like, imagine, like, kinda comparing, like, an Alex Feske Bushido Bitcoin podcast episode

16:12Richard Greaser and, like, sex during that versus, a Robert Breedlove episode.

16:19Rod Palmer Right. Like, what like, a sailor series, it'd be, like, lighting candles, lingerie.

16:25Shinobi I I could see wanting to listen to a in a Muretake podcast when you really really wanna get down in freaky. Yeah. I I could definitely see that. When you'd have, like, you'd have, like,

16:37Rod Palmer three or four whiskeys apiece. You've been transacting adversarially all night. You come back

16:43Shinobi throwing some some some talk. Defiance. You you don't wanna comply that night.

16:50Richard Greaser Well, if I wanted to be defiant, I would listen to Peter McCormick's old podcast, Defiance. I don't know if you got a chance to listen to that one.

16:60Shinobi Oh, okay. You know? I I I I think the I think the British accent would probably get most ladies going. I don't I don't know. You know? There there's, like, something

17:09Richard Greaser crosswired in many women's head. Not all women. A lot of women have some common sense when it comes to this. But, like, they they hear a British accent, and I guess a lot of men fall for this as well. They hear a British accent and they're like, wow, this person's sophisticated. You know, because, like, the TV is like, I'm pretty sure the the

17:30Richard Greaser Royal Monarchy and, you know, the BBC and all these institutions have tried to sign up the world into thinking that British people are smart. You know, because, like, they they spend so much energy getting British people to narrate podcasts and they've invested a lot of money

17:49Richard Greaser and energy into

17:50Rod Palmer dominating culture. And also They

17:54Richard Greaser also have the best museums because they steal everybody else's things and they say it's theirs. I mean, that was one of the big consequences of the allies winning the world war winning World War II is the British were able to have better museums. They they took that opportunity away from the Germans. And the Indians. Yeah.

18:10Shinobi I think it's just the accent and the the perception, though, of of being smarter. They're not smarter. No. But but but they're perceived as it because of the accent.

18:22Rod Palmer And then, you know, it just gets the engines rubbed. Yeah.

18:26Richard Greaser Well, I don't know. I mean, like, do do you would you wanna be with a woman that that that enjoyed listening to a Peter McCormick podcast during sex? Because I don't I don't think I would, personally.

18:38Shinobi Oh, I'd I'd I'd be a lot more comfortable with it than than than one who wants to listen to Michael Sailor. You know? What if But then I think this really this really gets to the root of why it's so hard for me to find a woman that I feel like You feel like too many of the women

18:56Richard Greaser enjoy sex to Michael Saylor podcast, and and that's just too alienating for you. It's too much for me to have it. So, like, what what are some of, like, the most important questions to ask on the first date, do you think? How do you feel about Tethr?

19:13Shinobi How how do you feel about the the narrative that compliance is defiance? And that by complying, you you will actually, in some way, defy the system. And I think the most important question is how do you feel about custodial?

19:33Richard Greaser Okay. So so there there's some some themes around, you know, their their approval or disapproval of PodConf. And you didn't say this directly in this answer, but I I wanted to add on to something that you had been talking about earlier. It's important to know she's the type of woman that would be committed enough for conjugal visits

19:59Richard Greaser when you're potentially in prison. So she's okay with the noncompliance. Like, noncompliance, you know, gets her excited enough to go to prison

20:13Richard Greaser Yeah. I think so. To visit you in prison.

20:15Shinobi That that's really one of one of the most important things.

20:20Rod Palmer There's nothing to do. So, like, when you with the relations in the in the normal world, it's like, can a a democrat and a republican to maybe married to that, like, relationship work? What about

20:37Rod Palmer a person who runs, like, Bitcoin knots and supports filters versus somebody who, you know, runs a horde and, like, they like hornals that maybe they're, like, taproot wizards. Could that relationship work? How would you which side of you which side of that are you on?

20:54Shinobi I I think opposites attract. I think that's an undeniable aspect of of just animal attraction between people. And, it it it really just comes down to, you know, are you willing to put in the effort to make it work? Like, are are you willing to commit to the kind of So so you're you when

21:15Richard Greaser when I think of an opposite attracting type situation for you, I I kinda envision a trad wife who doesn't like anime. I couldn't I couldn't deal with that.

21:26Shinobi That's the deal I'm not not liking anime.

21:31Richard Greaser So a trad wife that does like anime?

21:34Shinobi It depends on what you what you define trad wife as. Like, if she's got no argument in her, she will assert herself for, you know, kinda find find reasons to cause trouble, then and argue with me about things, then, no. I I I don't think that'll work. I I need Need a little noncompliance. Feel stimulated. I I need you to feel stimulated.

21:59Rod Palmer You need somebody to, like, argue if you like it's spaces.

22:03Shinobi Exactly. Like a female territory anchor. God. Why do you have to be able to Like

22:08Richard Greaser but you I think so would you say that potentially the opposite would be a very intelligent woman who is in the ossification

22:22Shinobi camp? Now that that sounds very stimulating. What if she doesn't like radio? I mean I don't know.

22:28Richard Greaser I don't know. Are That is Are are there even women that that believe in ossification? Because I don't think I've met a single one. I think all of them support CTV. I I I I would met her if she exists. Wait. Where where where you sit on where you sit on covenants? Why do you think

22:44Rod Palmer that we need another trade off? You're already talking about custodial lightning and, like, all these trade offs. It's like, why do you think we need another trade off?

22:52Shinobi Well, I mean, I I feel like you just have to look back through the historical record. I mean, if you if you really look at, like, any successful society or ideology, it it always comes down to a covenant. You know, like, the the Jews, they they made their covenant with, Yahweh,

23:14Shinobi you know, and it it it's it's shepherded them through the history of human civilization to this day. You know, the Christians, they they made their covenant with Jesus, you know, the the Muslims with Mohammed. You know, it it just seems like every dominant group of people and ideology, it just it starts with a sacred covenant with a higher power

23:38Shinobi to to to bring the future they want to see into fruition. And I think Bitcoiners, they they need they need that equivalent. Like, we need our covenant

23:51Richard Greaser if we really want this to succeed. Who who are we making your covenant with?

23:55Rod Palmer Reuben? It's Satoshi. Peter Todd. What about those who think that whomping in up to that is making a deal with the devil, getting the ordinal supporters to help activate.

24:10Shinobi That's a deal with the devil. Well, I mean, I think any covenant not explicitly approved by Satoshi, Peter Todd is just a nonstarter. But if if our if our how higher power does not put his seal of approval on our covenant, then it is not anything that will do any good for us. Did he did he say when

24:33Rod Palmer he would say yes or no that he supports it? No. So we will wait.

24:40Shinobi An indeterminate time in the desert.

24:44Richard Greaser So so you have a you have a lot of opinions on Bitcoin development.

24:48Shinobi Yeah.

24:49Richard Greaser You you talk about it a lot in in Twitter spaces. Yeah. I I do. You write about it. Mhmm. So I wanna understand, you know, from your perspective, is there a stringent enough scrutiny of Bitcoin developers proposing

25:05Richard Greaser protocol upgrades determining whether they're shitcoiners or not and preventing shitcoiners from trying to meddle with the Bitcoin protocol?

25:15Shinobi Absolutely not. Satoshi is is very aloof and disengaged with the, covenant proposal space, you know, in today. And I really think that's one of the biggest problems. It's, like, having Satoshi just not pay attention to the the covenants that we are offering up to him.

25:36Shinobi You know, I think it's really holding the process fast. So I wanna know,

25:40Richard Greaser you know, what what do you think would be a stringent enough purity test to prevent to determine whether somebody's a shitcoiner and prevent them from trying to push any protocol upgrades. I mean, I think it's just as simple as whether Satoshi calls them a shitcoiner. So this is,

25:58Rod Palmer he's got a lot of judgments to make, and he is off doing willy nilly way and stuff, trying to be a a a Hollywood, documentary star, and he's not he's not paying attention to core development.

26:16Shinobi Exactly. You know, he he's just kind of ignoring us. You know, I I I really think this is kind of, like, our trial by fire period. It's like while we are trying to to figure out what to do, where we're asking him, like, what do you want us to do? And he's just ignoring us and leading us to our own devices. It's like a it's like a test of our faith

26:41Rod Palmer in him. It's almost like it's like Covenant's people are they're hoping that if they can get this software activated, that Satoshi will finally be proud of them. Exactly. Like, it it at the end of the day, it's all just seeking the approval of Satoshi. That's all any of us will will work. Which would mean that, ultimately, Blockstream would do something to build a product for, for covenants.

27:06Shinobi Of course. I mean, once they have Satoshi's blessing, what what else would they do? It's a good point.

27:13Rod Palmer I was I was wondering. I was thinking about this, if you're right or, like, if if there's a contingent of people like you who end up going to jail, if you're ready to go to jail, if things get too bullish, you each want to go to jail. So, like the form, like, so like if you go to the hospital, you get a do not resuscitate form, like, should there be a form that you have, like, on your holster or something that says, do not make a free shinobi hashtag if I go to jail, I wanna be there.

27:44Shinobi Don't try to get me out. Don't try to get me pardoned. I I think if we can build up a proper web of trust, infrastructure and ecosystem, yeah, I think that would be a a very useful thing, especially if if if I go to jail to to sacrifice my freedom for Satoshi,

28:05Shinobi like, that that's just an insult to Satoshi to to try to free me, to try to belittle and demean, like, my personal sacrifice in his name. But if I choose to go to jail, that's for Satoshi. Like, you you have no right to take that away from me.

28:24Rod Palmer Once you're in jail, what would be, like, the hardware wallet or the mobile app that you would use to, you know, spend sats to buy, like, cigarettes and, like, whiskey and anime and stuff like that for in your cell?

28:40Shinobi I mean, there's no answer besides the OpenDime. Like, it it it was literally designed to be the Prism Wallet. Like, Rudolpho literally to to the v one point whatever to to round the edges

28:58Shinobi so that it it could be more comfortably stored

29:01Rod Palmer in in in an environment like prison. Round the yeah. Around the edges. So, like, you don't wanna be shanked with an open dime. That would be a pretty shitty way to go. Bitcoin's supposed to fix this, not, wreck your liver.

29:13Shinobi Exactly.

29:14Rod Palmer It would it would suck so much to get shanked by an open dime that had ordinals on it.

29:22Shinobi I mean, dude, it's it's, it's a brutal market out there, and he's the only person that really had the the long term foresight to to consider this particular market.

29:32Rod Palmer How how easy is it? How comfortable is it to fit an open dime up your ass if you need to smuggle one out or in during a college school visit? In the the test runs that I've done, it's it's,

29:44Shinobi it's not a big deal. It's not a it's not a walk in the park, but,

29:49Rod Palmer Imagine being a imagine being a doctor, and you you tell the story. You're like, man, I pulled I pulled 10 Bitcoin out of some guy's ass today.

29:58Richard Greaser Well,

30:00Shinobi yeah, I I I don't know what to say except, whoever's asking pulled out of didn't

30:06Richard Greaser have a good opsite. Like, imagine if you had to go into court. You know, if you're being charged with noncompliant transactions, and they they try to accuse you of having Bitcoin that you

30:27Richard Greaser may have lost. And you say to the judge that you lost the Bitcoin

30:33Shinobi in an open dime accident, and you explain what that means. How do you think the court would respond to that? I'm not really sure. I think it I think it really comes down to, like, how well surveilled is the toilet that that that incident. I mean, I would find it pretty hard to believe that I just lost it, and it kinda flushed down the toilet. Like, that that seem that seems like something anyone would say to get out of the capital again. I would say I would say that I kept it up my ass for safekeeping,

31:05Rod Palmer and, my wife suck her finger up there and pull it out and left me. She stole it. It's a lot more believable than a vanilla toilet axle. That's it. You know?

31:15Richard Greaser I feel like it was kind of a bad spot to put your wife in, to incriminate her in some noncompliant open dining action. You know what I mean? That's true. That's true.

31:25Shinobi Unless she really didn't like your wife. Right. How committed how committed to the relationship is she? I mean, I I feel like this kinda just circles to, like, the level of the middle. So are are you willing to to keep making that conjugal visit? Like, are are you willing to take that kind of little burden for me while I make my sacrifice? That's fair.

31:49Rod Palmer What about what about your obligation to to pay your taxes? Like, you're putting that out and you're putting that burden on your wife while you're in jail. It a 48 tax is is is Abby Luke. I mean, if you plan that properly,

32:07Shinobi you structure things correctly. I I I feel like you you can leave here with enough to cover those tax off. It's all it's all just about getting you the money where you need it in prison.

32:19Richard Greaser It's it's just a logistical problem. So I wanna know more about your meditation practices, Shinobi. So you you meditate every morning on quote how retarded Bitcoiners are. Can you explain this, practice and, where you picked it up?

32:37Shinobi Well, I see it all started when Michael Sailor, came into this space. And it's just it's a it's a real tough thing to internalize in the process that so many people treat him like an actual Bitcoiner

32:56Shinobi when he is so clearly, like, the reject from, like, the early In Q Tel investment phase in Silicon Valley.

33:10Shinobi Like, he he he was the CIA's investment that just failed. That just couldn't succeed no matter how hard he tried. Like, life just shat on him from every direction. Like, he couldn't get the company off the ground. He had to engage in

33:30Shinobi very shady illegal accounting practices to balance the books properly. Like, every every, like, he like, tax avoidance by lying about his residence just so that he could afford his rent and property taxes.

33:46Shinobi But, you know, he's I have to cut you off. I have to cut you off. I have to cut you off. No. No. No. No. I I I need I need I need I need to finish, Richard, because it it's just about, like, how, like, how retarded people are. They couldn't recognize what a failure and a reject he was in that whole crowd and scene.

34:11Shinobi And just to build him up as, like, this godlike figure pulling this brilliant Bitcoin reserve strategy.

34:23Shinobi And I just feel like I have to reflect on that every day. That like such an incompetent retard could wind up in a position where despite his incompetence and stupidity,

34:40Shinobi he could find himself in a position in life where so many people are just, like, feeding him, like, good energy and Don't you understand? Confidence.

34:52Shinobi And it's, like, it's it's almost like the the stupidity itself is what is giving him self confidence in life. The stupidity of other people is just, like, reenergizing his batteries where he would otherwise be demoralized

35:11Shinobi and deflated. And I just have to meditate every morning on the the inherent contradiction, paradox of that.

35:20Rod Palmer And just contemplate it before I start. I disagree. I think it's I think it is an inspiring story because if everything that you said is true, that the must incompetent are retarded. It's like this story of transformation and they become the wealthy successful adored. They they're going to the orange wedding. They're they're on TV. It's everybody has to acknowledge how smart they are because how much money they made, because they bought Bitcoin.

35:49Shinobi And I think that's that's that's everybody's story. You can you can Rod, this is exactly why I have to meditate on it every morning to just to just embrace and try to understand this paradox

36:04Richard Greaser in the universe. Well, I mean, it seems like he has kinda figured out this brilliant strategy which is to get richer off of people's what you would describe as stupidity. All the things that you were describing about him kinda made him sound like a Bitcoiner to me. You know? General noncompliance, sketchy accounting

36:30Richard Greaser practices. I mean, that that seemed like kinda like, I I feel like a a good portion of our listeners would would consider that an endorsement. Like Way way too reliant on custodial

36:40Rod Palmer solutions.

36:41Richard Greaser So, yeah. I mean, all all that's interesting. Now you I mean, do you do you think it it it it goes to show that, like, really all you have to do is listen to forty hours of Bitcoin podcast a week to get extraordinarily rich. I mean, I won't say it'll hurt your chances. So one thing that I thought was kind of interesting. So I know there's been some rivalry between Bitcoin Magazine and Dennis Porter this week, but the, the conference Twitter account was tweeting about Dennis. So it kinda sounds like he's gonna be able to speak at the, conference this year. Has that been confirmed? I have no comment.

37:20Richard Greaser I mean, it's been one of the things I think it's been one of the biggest shames for the entire industry is the fact that he hasn't had a conference speaking slot. I've I've I've ran petitions to get him a spot

37:35Richard Greaser and with no success.

37:40Shinobi Well, I I have nothing to say on the matter except the fact that he, tried to sneak past, Secret Service Security last year in Nashville. And, you know,

37:56Shinobi there there is going to be a member of the Trump family at the next conference. So I I I do believe he'll he'll be blacklisted because of his his past and and for our noncompliant behavior at the last conference.

38:10Richard Greaser Interesting. I mean, if anything, that just shows the determination he has and and why he's probably been so successful at at at pumping NGE so much as if he's willing to to sneak past. Because, like, I imagine what he was doing inside the conference the whole time is he was just orange pilling everybody in sight. Like, he knew there was politicians there. He's like a bloodhound

38:35Richard Greaser for potential, politicians to Orangeville.

38:39Shinobi Yeah. But his success rate last year was not very good. Well,

38:45Richard Greaser last year was last year. We're talking about this year. Talking about the future. Yeah. He has personally he tweeted about this. He has personally orange pilled 11 states to add Bitcoin to their reserve. Yeah. Will they know have those bills passed?

39:02Shinobi Have they actually been notarized in the state legislator?

39:06Rod Palmer He hasn't, he he he hasn't, said that they've been passed. He just said that they've been proposed. And, you know, like I said, it's why it's one step at a time. And but, you know, speaking to some of these politicians,

39:22Rod Palmer there's been some rumbling in the group chats. It's been kind of like, the floodgates have been opened since we talked about when all of them is hot, then it became you as hot. The plugs are all starting to say that Cynthia Alumnus is hot, and I'm wondering if you have a reaction to that. I don't like older men

39:41Shinobi having to deal with the realities of being in single.

39:48Rod Palmer That's true. A lot of the the plugs in the group chat are are generation x, like, middle aged guys. So and you put it in that context. Meaning take what you can get. That's right. That's what you have to do in Wyoming. You take what you can get. But, yeah, strategic Bitcoin reserve might be what it takes to get Wyoming in the headlines, in the, you know, in the media more often. So, you know, it might be worth it to, you know, Wyoming make it buy, like, 2 or 3 Bitcoin. That's a good enough strategic reserve for a state with 17 people. You know? It's like it's it's a pretty low ask. And somebody Maybe Randall can do it. Wyoming can buy it. You know? Like, I wonder if because the population of Wyoming is so small

40:30Richard Greaser that it'd actually be bad for NGU having them do a strategic Bitcoin

40:35Rod Palmer reserve. It'd be like it'd be like it'd be like it'd probably be bigger than El Salvador's.

40:40Richard Greaser Like, I I think, you know, Bitcoin news people have to be careful this cycle because they can overshadow bigger announcements with lesser announcements, and I feel like Wyoming's a lesser announcement. It's a it's a DDOS. I feel like that could be a a premature ejaculation

40:60Shinobi event. Like, if imagine if everybody, like, you know, kinda drummed that up in the media. You know? Cynthia Loomis finally found love. You know, where is this gonna go? The the state bought, you know, 2 or 3 Bitcoin.

41:18Shinobi And then all of a sudden, Florida comes out of nowhere and buys 10. Like, that that'll just get drowned out in the media. Right. Exactly. It's like it it's

41:29Rod Palmer maybe it's a burden at Wyoming as a hot senator because it's gonna cause everybody to to to prematurely ejaculate and miss the big story. Thank you. Yeah. I totally understand. You know? Well, Equine is still holding pretty close here, y o 202,600 USDT.

41:52Rod Palmer It did drop it it was like a mini crash down to, like, $1.00 $1,500 earlier, but, this thing seems to I thought they were gonna, like, liquidate a bunch of shorts. I thought we're gonna go, like, straight to one ten. The broil said we were gonna be at a 150 by Friday.

42:09Shinobi Dude, I think we might wake up at 01:10 or 01:20 tomorrow.

42:14Rod Palmer Well, yeah, you, because you're gonna wake up at noon tomorrow, but for the rest of us, I feel like I have to go to work. I don't think anybody's sleeping tonight. That's why I don't think we should have here to work tomorrow. Dude, Yellow yeah. This is Yellow's retirement moment.

42:26Richard Greaser He's never gonna have to do a prerecorded Twitter Spaces ever again. I didn't even think about that.

42:32Shinobi I I have to congratulate y'all.

42:35Rod Palmer Yo. I am glad that, people can start ready to move on. See. Ready to move on in ways, whereas Dude, unlike Dennis,

42:43Shinobi who neglected his mother, neglected our ancestors, our ancestral homeland, Yellow's earned a thank you for me.

42:52Richard Greaser You know, in fact, I'm I'm gonna I'm gonna give that thank you right now. He's been committed. That's that's for sure. Now the question is is what is he gonna do next? Is he gonna do another variation of what he's already done? Maybe maybe he likes doing these faces. Well, then he's a psychopath. Well, Greek he is Greek. Yeah. I don't know. Are are there psychopaths is it a genetic thing? Genetic predispositions?

43:16Richard Greaser Does him being Greek increase the odds of being a psychopath, or is it more of a developmental thing?

43:24Shinobi I I think I think it's a little bit of both, but I I I don't think the genetic component is really ethnic like that. I I I just think, you know, there there's this psychopath lineage everywhere, and you you you're gonna find him. Interesting. Yeah. He is free. It's gonna be a weird day tomorrow without bad spaces.

43:45Richard Greaser Well, yeah. I I wanna know, like, we kinda discussed it earlier, but I cannot hear it again. So what's the top of the cycle, Shinobi? You're you're in the midst of PodConf. You you probably hear bold price predictions all the time. You you you hear all day about how compliance is gonna lead us to very big numbers.

44:10Rod Palmer Yeah. What is it? Instead of instead of your prediction, what is the what's the prediction that you're hearing? Like, what are the what's the average of the, top that you're hearing from your colleagues?

44:21Shinobi High top people are insane. They're talking about $23,000,000, on the conservative end and a a real bull case being 10,000,000. They they they're out of their mind. Like, they they've lost all perspective.

44:37Richard Greaser Yeah. I mean, that sounds incredibly bearish to me. Dude, if if if we have daddy Trump

44:43Shinobi bring us the Bitcoin dollar, we're going to a 100,000,000.

44:47Rod Palmer Oh, man.

44:48Richard Greaser That's it? I don't know. Am I the most bullish person in Bitcoin? I've been I've been predicting 2,000,000,000,000 USDT for quite some time now. All these all these numbers that you're talking about are so small and inconsequential.

45:03Rod Palmer The rounding errors, it's, it's gonna be wild, that's for sure. We're going into bull market gable mode in the next few weeks. It's, are you gonna when are you gonna finally cheer up? I know you get depressed. You seem depressed during bull markets. So

45:21Shinobi I mean, the the truth, Rod, is nobody but Dennis Porter knows. No one else but Dennis Porter knows where we're going. He's We'll announce it, though.

45:30Richard Greaser Yeah. Is it is your bull market depression is it like a sacrifice? Like, you're sacrificing yourself for the larger Bitcoin community. So today, you did a Twitter spaces about how Bitcoin didn't hit a 100 k. And I assume that you're probably talking about how it won't. Was that just you sacrificing yourself in order to Just like, yeah. Bitcoin to get to this moment?

45:55Rod Palmer Dying for everybody else's, for everybody else's sake like Jesus.

46:00Shinobi If I if I if I'm gonna be honest with you, Rod and Richard, that that was my offering of a covenant. That that that that was my covenant offered up to Santoshi, and he accepted it. And I don't think I'm quite

46:19Shinobi in a place where I'll I'll discuss publicly the the conditions and terms of that covenant that I offered up. But, I'll just say it was a very costly one. It it won't come cheaply to me. Well, thank you for your sacrifice.

46:35Richard Greaser I hope you didn't give up the anime.

46:38Shinobi Never. I hope you didn't give up Twitter spaces. Satoshi.

46:42Richard Greaser So, like, if we guess at it, will you say, like, warmer, colder, yes, no?

46:48Shinobi I won't Will you tell us if we guess at it? Sorry, but the the conditions of my covenant with Satoshi weird privacy.

46:56Rod Palmer That that was one of the core components. If he if he if he tells us, then it'll drop below a 100.

47:03Richard Greaser We don't wanna risk that. We don't wanna risk that whatsoever. Alright. Well, I I'm kinda curious. Do do you have any interesting predictions for this bull market of things that we're gonna see? I mean, we we've already seen some pretty dramatic things before Bitcoin has hit a 100 k. We've seen, Robert Breed loves Alpha Course. We've seen,

47:29Richard Greaser all sorts of strange stuff. Like, Don Sully got, two girlfriends.

47:38Rod Palmer That's gonna be

47:40Richard Greaser Vladimir Putin's tweeting about being in the ossification camp. No. No. He's, he's tweeting about

47:45Shinobi a warning to him. I'll just say this. A particular Bitcoin whale that people erroneously give credit to for things that have nothing to do with might might possibly grow brave enough to

48:03Shinobi be open about some of their more flamboyant behaviors.

48:07Rod Palmer Interesting. Did these did these things take place on yachts? I mean, from what I've heard, maybe. The you think they will be

48:15Richard Greaser voluntarily open or it will be

48:18Shinobi exposed in some way. I'm not the type of person to judge bravery as far as whether it was self inspired

48:25Rod Palmer or externally expired. That that's got me thinking, but I'll I'll have to circle back to that one another time. I don't know if I had more time to think about it. Now I'm now I'm definitely it makes sense. It's just

48:39Shinobi at at a lower valuation, like, some Bitcoiners just don't feel financially confident enough to to be themselves, and I I think that might change to a cycle,

48:50Rod Palmer I hope. More people will be admitting that Lyn Alden is hot, for sure. Yeah.

48:56Richard Greaser What what does the price have to get to where individuals that have felt less confident and maybe airing some of their their more personal details might be more confident. What does the price have to hit?

49:12Shinobi I think that's very specific to the individual. I don't think that's something that you can kind of quantify objectively from from a third party perspective. Everyone finds their,

49:25Rod Palmer their true self at the price they deserve.

49:28Richard Greaser Everyone has their own price. Yeah. Well yeah. I mean, what about other predictions? Like, I don't know. I mean, there's there's been a lot of things on the that have happened this past year. Like, we're almost to the end of the year in 2024. I mean, I've been absolutely shocked at all the

49:52Richard Greaser the revelations. Like, you know, Mark Mark Goodwin put out a thousand word article. I I never predicted that would happen

50:01Rod Palmer this year. No. I thought it'd be much longer. So that that was

50:06Shinobi prolific. I can't even imagine the the effort and the research and the time

50:12Richard Greaser that that thousand word piece took. Yeah. I'm trying to think like, I'm I'm I'm scrolling through, news articles from this year as kinda like a recap. I mean, there's been so much, so much, chaos. I mean, Greg Foss partnering with Wake Gibbs to launch the WeWork for Bitcoin mining.

50:35Richard Greaser There were exploding hardware wallets or concerns of that. I mean, that was that was pretty crazy. I was very afraid that would completely turn the podcast ecosystem upside down because as we know, the the entire podcast ecosystem is sponsored by hardware wallets.

50:54Richard Greaser Well, I think portion of the economy.

50:57Shinobi I think this is the perfect example of why we should be very concerned about nation states involvement in this ecosystem. I mean, they're they're positioned to just completely take over the the entire podcasting industry

51:13Richard Greaser if if they wanted to exercise that. Yeah. Yeah. I mean, this is a serious thing, you know, that we've been reporting on. So, do you think the Trump administration is gonna try and regulate podcast in any way? And if so, what do you think that,

51:29Shinobi those types of regulations look like? I think if governments choose to go that direction, it's going to be very dark, very dark indeed. I don't think they'll let Bitcoiners be themselves. I think they'll they'll be very controlling about their hardware wallet recommendations. I just I I think I feel like it'll stifle

51:55Shinobi all of the innovation that is possible in the market of compliance, and they will just mandate their handful of preferred solutions and just kind of

52:09Shinobi steal from people the the ability to really choose from the most refined the the most optimal method of compliance that could be produced through free market competition.

52:24Richard Greaser Interesting. I mean, they my my only counter to that, you know, and I'm not asking for my opinion. I think people are gonna remain noncompliant. I think a lot of people are gonna have issues paying taxes.

52:42Richard Greaser I was gonna ask you I don't think we have time to. We're gonna have to wrap up the show here pretty soon. But I was gonna ask you about, what your thoughts on Joe Biden pardoning Hunter Biden for being unable to afford his taxes. But the question I think a lot of listeners might be thinking right now is, isn't NGU

53:06Shinobi the innovation? I think Is NGU invented or discovered? I mean, I think NGU was invented. It was invented by the podcasters. It was invented by the lobbyists. It was invented by the Dennis Shorters who first conceived of this novel, un existent idea of just bribing politicians

53:28Shinobi to pump the price of Bitcoin. I think it was clearly an invention of a brilliant thing that prior to that invention did not exist anywhere in the natural world.

53:44Shinobi And, I I don't think there's any other way to conceptualize that. But,

53:51Rod Palmer yeah.

53:52Richard Greaser It it sounds like you're concerned that NGU will not set the world free. I don't

53:57Shinobi think it will if people continue advocating for a centrally controlled,

54:07Shinobi communistic system to comply. I feel like people are very confused about what compliance truly means.

54:18Shinobi And to me, what it means is a brutal, competitive, free market of people

54:27Shinobi waking up every day and putting all of their effort into coming up with their own original idea of what is the most efficient way to comply, and how can I make this most cost effectively available to every

54:44Shinobi possible human being on this planet who wishes to comply and steal that from us with just a narrow, unimaginative, like, inefficient version of compliance? And I think

54:59Shinobi I think if that happens, the human race is lost, and it will stagnate, and it will drift into nothingness because we are not given the freedom to ourselves.

55:14Richard Greaser Well said. Well, everybody, that was Shinobi. Thanks for coming on, dude. Thanks for having me.