Transcript
Transcript: The First Responders and Compliance Salesmen | Bugle Weekly Episode 38
0:01Richard Greaser You gotta give that fuck a good Have a good time with your Bitcoin. Fix the money, fix the worth in the
0:10Rod Palmer This is the Bugle Weekly podcast on Fountain FM.
0:15Richard Greaser The number one bull market Bitcoin podcast.
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0:34Richard Greaser this week's episode.
0:39Rod Palmer Welcome to this edition of the Bugle Weekly. And things are getting interesting. There's a lot of NGU, but there's also a lot of compliance. We're we're in the midst of a bull market, and everybody is scrambling to figure out where they stand, how to how to profit,
0:58Rod Palmer maximize their position in the market right now. How are you doing today, Rod? What what's your what's your macro outlook on the, the influencing
1:11Rod Palmer culture and the the Bitcoin journalism out there? And
1:15Richard Greaser the best way to start, the your morning or a podcast a Bitcoin podcast episode is just some really good straw, ammonia, smelling salts. Let me get one more. I just get it. Oh, no. Anyways, it really clears your mind,
1:34Richard Greaser really helps you focus, and I think that's really important. I think that Bitcoin podcasters do not necessarily take their role in the coming, you know, the the coming hyper Bitcoinization.
1:50Richard Greaser Seriously. Influencers and Bitcoin podcasters are the need of first responders. If you guys remember nine eleven, after nine eleven, if you were a cop, a firefighter, you know, a military recruiter, people really respected you. Like, all the teenagers would go to the mall,
2:11Richard Greaser they'd get Sabaro pizza, and they'd buy some gifts from Spencer Gifts, and then they would go and hang out with the Marine recruiters and the military recruiters at the mall recruiting station. And they, that was really a good influence on kids back then. This is because people respected first responders and influencers are now the first responders. Bitcoin podcasters are the first responders. When news happens, influencers are the first to respond.
2:38Richard Greaser And it's, it's a very challenging, very difficult, it's a very environment to navigate right now. There's just so much news happening and you don't know if it's based or if it's cringe.
2:52Richard Greaser And as a first responder, if you respond to something and say that it's cringe when it's really based or say that it's based when it's really cringe, you could really have your credibility dramatically, affected. And that kind of what goes into this macro, this macro recap, I feel you. Influencers
3:11Richard Greaser told us that as soon as Bitcoin hit 100 k, there was USDT. There was no there was no resistance after that. That it was clear skies that we were gonna shoot straight up into the one, you know, with one ten, one fifteen, and instead we went back down to 97.
3:32Richard Greaser And that's just, you know, that's the people that said that has just they're taking credibility in it. They said there's a supply shock. There's no supply shock. Sailor bought 25,000 coins this weekend and the price went down. So, it's being a first responder is difficult. So, you know, when you ask what is my macro outlook, I have to do more snowing salts because I have to clear my mind. I have to figure out,
3:57Richard Greaser oh, I don't know. I have to figure out that I have to understand that Bitcoin is already one, and it doesn't matter what the price is. But
4:09Richard Greaser it is it does matter if we were if we make the wrong reactions, we make the the wrong responses, and we'd be our readers and our listeners. Right? But we don't do that. And we're we're trying to stay on top of that.
4:24Rod Palmer Yeah. Well, you know, there's a lot of pressure if you're if you're a first responder, because, you know, say for example, if Michael Saylor buys more Bitcoin.
4:37Rod Palmer If you're a second responder to tweeting that news, it's just not that big of a deal. You know, if you're a third one Right. You know, you're just like everybody else. But, like Right. You know, to really to really get them to maximize the engagement on that news, you have to be the first.
4:58Richard Greaser And that is why Dennis Porter has been such a class act, such an elite influencer. Dennis Porter knows
5:11Richard Greaser the the dog eat dog cutthroat competition of being a first responder. Dennis Porter is probably the bravest first responder because think about it, like, think about what we were just saying. Michael Saylor buys 20,000. Alright. You know, people like Nico from Simply Bitcoin or Bitcoin Magazine, Nick Can't Buy, like, they are up waiting at 6AM knowing that the Saylor purchase is gonna hit the news wires and then boom, they got a tweet out. 7AM,
5:40Richard Greaser fucking mega giga chat, $520,000, but Dennis Porter doesn't even wait for the news to respond. Dennis Porter finds out about an upcoming announcement
5:54Richard Greaser and he starts preparing his listeners two or three weeks in advance. Like Dennis Porter just wrote a tweet yesterday that he is there are four announcements that he is aware of that will be made in the next two or three weeks about Bitcoin. And he is already responding to these announcements. He's, like, pre responding. He's aware that these are gonna happen. He's letting you know. And these these
6:21Richard Greaser these announcements might not be that big of a deal. They might not be that important. But Dennis Porter kind of projects that importance onto them by preparing his rears, by being the first to pre respond. So if if Aquaman and Lortus are first responders, Dennis Porter is like the alpha apex predator
6:44Richard Greaser of first responders. He's the pre responder. Dennis Dennis Porter responds
6:49Rod Palmer before there's a problem. I mean, Dennis just has such an outsized advantage compared to other people because he is the news, you know? Right. When you are the news, you can front run all the people trying to be the first responders to the news on social
7:06Richard Greaser media. And that is the power. That's, I mean, that's why that's why we're talking about a strategic Bitcoin reserve that pumped all of our bags today. That was never an announcement that was coming.
7:20Richard Greaser Dennis Porter front ran the news and created the news. And that is what we have to kinda understand is that we all, well, not all of us, but some of us as a collective Bitcoin community, we have the ability to be the news we wish to see in the world, to be the announcements that we wish to see announced in the world. That's like what what Gandhi said, be the change you wish to see in the world, be the announcement
7:47Richard Greaser you wish to see announced and that's what we have to do. Marty says, you know, we're meaning it into reality. And that's, you know, that's that is what our our role is as Bitcoin podcasters. And another another example of this is we talked about, like, when the news comes out and you and you maybe have, like, a a a reaction as a first responder that goes against it goes against your, your credibility. And that's talking about the assassination
8:19Richard Greaser one week ago of the UnitedHealthcare, CEO. That was, you know, a lot of people came out and they said, wow. This is a murder, an assassination. This is terrible.
8:34Richard Greaser And it turns out most people think it's actually pretty cool. So there's a lot of people that lost like, Ben Shapiro right now is having a problem with losing followers because Ben Shapiro said that the assassination was not cool, and most people were like, actually, we do think it's cool. So, Abby, do you have a or do you have a reaction to this, this health care? I mean, it's it's just kinda crazy that people are trying to take it upon themselves to fix health insurance corporations. They're not waiting for Bitcoin to fix it. Yeah.
9:03Rod Palmer It is very interesting. And I think what it really signals to to me is that, you know, people are choosing the free market. Like, they they're choosing they believe that assassination markets are an effective way to fix the American health care industry.
9:24Rod Palmer You know? And they waited for decades for politicians to fix it. They waited, you know, sixteen years for Bitcoin to fix it. And now they're attempting to take it in their own hands.
9:39Rod Palmer So, you know, what I say what it signals to me is just that individuals, they they believe in the they're free and open market. They believe in blockchain technology. They believe in NGU.
9:50Richard Greaser Right. And No.
9:52Rod Palmer I mean, this is this is kind of like the the cypherpunk crypto anarchist, you know, vision of things. It's like, you know, are are you gonna try and change things by by voting or are you gonna change it through assassination workers?
10:06Richard Greaser Right. I mean, the there was a really big oh, you know, I I have underreported, I don't know,
10:15Richard Greaser about two weeks ago that said that, one of the health insurance corporations in one of the states in New England was going to not going to stop paying for the anesthesia
10:30Richard Greaser for people's surgeries. So if they have, like, a six hour surgery, anesthesia is expensive. The health insurance is only gonna pay for, like, half of the anesthesia needed for that surgery. And if you can't afford to pay the rest for the anesthesia out of pocket, you just have to fucking, you just have to grit your teeth and bear the pain, and people were pretty outraged They
10:55Rod Palmer told their customers that in order to afford healthcare, they would have to start buying Bitcoin Yeah,
11:01Richard Greaser And then they they assassinated The U A UnitedHealthcare CEO. And and the next day, the health insurance company said that, actually, we will now pay for all your anesthesia. So this free market solution did have positive outcomes,
11:20Richard Greaser for people who can't afford anesthesia. Now people who buy Bitcoin and it is white Bitcoin, to be able to afford their health care, they're fine. But not everybody. And so some people are using the meme coin assassination markets. They're hoping for kind of a home run,
11:36Richard Greaser just helping that, that they if they if they fund the right bounty for a meme coin assassination, that they'll get affordable healthcare, but it's, it's, it's very temporary. I think you you're really gonna have to buy Bitcoin if you wanna afford healthcare. I was just having this conversation
11:55Richard Greaser with my, with my, with my girlfriend. She's got a friend who is very, very hypochondriac and she goes to the doctor. She has a physical therapist. She thinks she has blood clots in her important organs. None of these things are actually true, but she spends a lot of money on doctor's visits and and outpatient
12:19Richard Greaser care to to kind of have that placebo effect of like, oh, like, that she's actually getting health care for things that aren't really wrong with her is very expensive. And I told my girlfriend that she needs to tell her friend that she needs to buy Bitcoin because if Bitcoin 10 x's in 2025, she can she can go to all of the specialists and all of the fake doctors for her fake,
12:44Richard Greaser for her fake ailments that she wants. She wouldn't even have to work anymore. She could spend forty hours a week going to outpatient clinics and getting blood tests, fire echoes, CAT scans. All these things that she thinks she needs that she doesn't need, she can afford those things. That that's not true, Shane. I think, you know, there probably could be
13:05Rod Palmer a a whole class of people that become full time, health care consumers.
13:11Richard Greaser Right. Right. There's a lot of people out there who do want to be they see health care consumption as a status symbol, and they want to be full time health care consumers. And they if you if you're a hypochondriac,
13:27Rod Palmer you need Bitcoin so you can afford to be a healthcare consumer. I mean, like, it seems for us to think about, like, when you when you start to price in Bitcoin in doctor's visits or ambulance rides or, pharmaceutical prescriptions,
13:48Rod Palmer it really it really changes things. And the the cost of all of those just continues to go down as energy keeps on going up.
13:56Richard Greaser Then, yeah, and think about it. Even if you yourself are not a hypochondria, you yourself do not like to go to the doctor, a lot of people, when Bitcoin goes to the moon, are gonna start families. And a lot of women and some men
14:14Richard Greaser are gonna find out that they're not hypochondriacs about themselves, but they're gonna be hypochondriacs on behalf of their of their children when they start families. They're gonna wanna take their children to get not just the not only the vaccines required to go to public government schools, they're gonna wanna get all the vaccines that you could possibly get in any market in any country. They're gonna be like vaccine tourists. They're gonna go to Europe. They're gonna go to Asia. They're gonna go to Canada. They're gonna go to South America. They're gonna go to the global South and they're gonna try to find as many vaccines as they can possibly find to give to their their their child, their toddler
14:56Richard Greaser because they want them to be safe. And not only are you gonna need Bitcoin for that, you're probably gonna need a little bit of Tether on Tron because it's it's gonna be difficult to make those payments, you know, it's gonna be difficult to to find 7,000,000,000 dong in Vietnam
15:15Richard Greaser to pay for these these Vietnamese vaccines for your baby when you could just pay in Bitcoin. Yeah. I was listening to,
15:22Rod Palmer I was listening to the the Bitcoin Magazine conference and, that's happening right now. And there was somebody from Kraken talking, and they had this very illuminating point, which was that Bitcoin is the gateway drug to USDT.
15:43Rod Palmer And, like, the reality is is if you're gonna be a foreigner in the world getting these vaccines for your child from all these other countries because, you know, it's I think most parents, they they believe in, you know, entropy. They want they want full coverage. And they know that they they what this is ultimately is a it's a form of
16:07Rod Palmer jurisdictional arbitrage
16:08Richard Greaser for your child's health. Right. You're gonna buy Bitcoin so that you can facilitate transacting for your child's health or for your health internationally. But
16:22Richard Greaser you're going to wanna be able to save long term. When are you gonna buy maybe buy a few Bitcoin? So you can travel all over if you're gonna drive a cycle all over China, all over Asia, you're gonna get as many vaccines as you can find on the like, along the Yellow River, for example. But when you leave, you're gonna have, but with this, some Bitcoin left over, and you're gonna wanna be able to save that stably. So you're gonna wanna switch that over to USDT. You're gonna want Tether so that you can,
16:51Richard Greaser you know, transfer that when you go you know, maybe the next stop will be you're gonna take your child to Kenya or South Africa and find some good African vaccines, and you're gonna wanna have a stable store value like Tethr while you're kind of in between this arbitrage opportunity. Yeah. I mean, Africa
17:09Rod Palmer is a great place. It's a great example. A great place to take your your child to get vaccines because the Africa is kinda like the testing ground for unapproved vaccines
17:23Rod Palmer in The US. And so what you're essentially doing is you're going to experiencing the cutting edge treatment that nobody else can get except for, you know, the Africans.
17:35Richard Greaser Right. A lot of people think that you you get vaccines before you go to Africa. But that's only that's only the, that's only the the ones that make, the the pharmaceutical companies the most money. What you actually wanna do is you wanna go to Africa and get your vaccines there because those you can get, like, three or four vaccines before you go to Africa. Once you get to Africa, it's basically unlimited. You'll have basically the strongest
18:05Richard Greaser immune system. Some people are calling it the orange the orange immune system. It's the most it's the strongest immune system you could possibly have. Why do you think there's been so much emphasis from
18:17Rod Palmer American individuals wanting to set up mining and, you know, various business
18:24Richard Greaser endeavors in Africa. I think that they see the writing on the wall, and they say that the future of energy and the future of health is in Sub Saharan Africa due to the, the stranded they they have stranded energy and they have stranded vaccines. Most, you know, Bill Bill Gates, he's like a venture capitalist. He invests all these vaccines, and he sends them to Africa,
18:47Richard Greaser And a lot of them just never make it out of there. So there's this always stranded vaccines that, you know, we need to be mobilized. And it's usually nearby where they where they need Bitcoin mining to afford energy because of the stranded energy. Yeah. I mean, it's truly fascinating. I mean, they they they
19:05Rod Palmer want they wanna be well, everybody knows that being vaccinated gives you an edge in the market. Right? Right. It means that you're less likely to to get sick, so therefore, you can work more. And the more you work, the easier it is to afford taxes. Right. Sometimes.
19:22Richard Greaser Yeah. We talked about this before. The first responders of the last generation, of the post 09/11 generation
19:32Richard Greaser were the military veterans. And who do you think got the most between the year 2001 and 2008, what cohort of people do you think got the most vaccinations?
19:45Richard Greaser A. US military members. B. Ivy League college students. C. You know, like elementary age school children.
19:57Richard Greaser Or d, foreigners? The answer is a. The most vaccinated people between 2001 and 2008 were the world's biggest heroes, military veterans. So do you think that the US government would would irresponsibly
20:16Richard Greaser dole out vaccinations to the world's most precious heroes? I don't think so. So from 2025 to 2035, who do you think will be the most vaccinated? We don't know yet, but I think it's gonna be Bitcoiners. I could definitely see it as being Bitcoiners because we're, you know, we're gonna be the the smartest,
20:40Rod Palmer most compliant, richest individuals in the world who are gonna be able to afford vaccines, who, have listened to the most podcasts.
20:53Richard Greaser Right. Right. But I mean, listen, on the topic of healthcare, there's another, this is kind of like the other side of the coin. Right in the end, there seems to be an epidemic. An epidemic on Bitcoin Twitter, an epidemic on Bitcoin podcast,
21:14Richard Greaser an epidemic on the streets in our urban cities, and people who are addicted to number go up to NGU. And it's it's very obvious. So when, you know, the when the price is going from 80 to 90,
21:33Richard Greaser from 90 to 100 USDT, everybody everybody just seems euphoric. Everybody seems happy. Everybody seems, you know, every even Corey and David Bailey are exchanging
21:48Richard Greaser pleasantries on Twitter. But as soon as the price stops going up, everybody starts you can start to see it. Some of them, the biggest junkies, you start to see their hands twitching. You start to see their eyes twitching. You start to see them scratching their neck. And they start they just start to they they just start to be agitated. They start to look like a junkie on the street who has has gone two or three days without having a fix of fentanyl. And people are addicted to NGU. It is
22:15Richard Greaser some experts are saying that n g u, the addictive properties, it could make it the most addictive drive in the world. Have you you've been traveling a little bit more than me the past few weeks. Have you seen this, this phenomenon of people addicted to NG? Yeah. I mean, I've been seeing a lot more people,
22:35Rod Palmer experimenting with NG. And, I wouldn't necessarily say it has fully transformed into an addiction yet, but I I think there's certain people that little have a little bit more of
22:51Rod Palmer a genetic predisposition to to NGO addiction. And sometimes it takes a a few years to, to progress. But as far as Bitcoin, Twitter, we're seeing
23:05Rod Palmer n g u addiction, you know, really, really take off. That the itchiness when price trades sideways, you know, people are scrolling Twitter looking for the next announcement, like they're chasing the next high.
23:24Rod Palmer And, you know, the the the first responders are, you know, suffering from it as well.
23:31Richard Greaser Oh, yeah. Yeah. Of course. I mean, it's it's it's just like to tell you, my cousin, he's a police officer. He's a he was he's the old first responder, and he's not welcome at Thanksgiving anymore because everybody got orange pill and now he hate cops, but before that, everybody respect him. And he he had to deal with people. They would respond to to addiction overdoses, and they they would get,
23:57Richard Greaser exposed to fentanyl, and they would that could be deadly. And there's first responders who, they're they're responding to NGU. They're announcing preannouncing NGU, and they're breathing in they're breathing in some of those those protocols of NGU that are exploding through the ether, and they're starting to get addicted to it themselves. Their timeline,
24:20Richard Greaser their, their monetization of their Twitter accounts rely on NGU. They're promising NGU. They're trying to get followers. They're trying to drum up hype for NGU because that's how they get paid. That's how they generate
24:36Richard Greaser more income to purchase Bitcoin. And if the NGU doesn't deliver on the hype and they don't get the NGU,
24:47Rod Palmer then it's it's gonna be difficult for them to afford vaccines. Yeah. I mean, the the more NGU there is, the more Twitter engagement there is, which means the more KYC income they have, meaning the more KYC Bitcoin they can buy. Right.
25:02Richard Greaser That I mean, we didn't even talk about the KYC aspect of this. I mean, but that's another
25:08Rod Palmer that's just a whole another angle. Well, I mean, the the more steps of KYC that they can they can put into the Bitcoin acquisition process, the more potential NGU there is is is the philosophy of these individuals because they believe that they need a a full stack of compliance. The more the more compliance they add into their stack, the more NGU potential there is.
25:35Rod Palmer So CZ from Binance made a really interesting point at this conference, which is, you know, part of orange pilling these politicians is selling them on the capabilities of chain analysis. Right? So he said in order for NGU to go up,
25:58Rod Palmer you have to essentially chain analysis pill the politicians and explain to them how easily these technologies can be surveilled. And and why like, there's nothing that makes a politician more horny
26:14Rod Palmer than knowing that they're gonna be able to surveil somebody. They they want to it it it's almost like they're, voyeurs. You know? What what was that that, movie, that classic, Rear Window
26:30Rod Palmer where the guy was watching. He's, like, trying to solve neighbor or murder by spying on his neighbor.
26:38Richard Greaser Nightcrawler. Is that is that what you're talking about? Are you talking about the Shia Labeouf movie? Well, the Shia Labeouf movie was the
26:45Rod Palmer the kinda, like, remake of it. There was an old black and white version. I forgot what the very, very classic, director that did a bunch of, like, horror type movies or thrillers.
26:59Richard Greaser Alfred Hitchcock?
27:00Rod Palmer Alfred Hitchcock. Yeah. But, like, the politicians are like that. You know what I mean? They they they are voyeurs into people's lives because they want to, like, try and stop. Yeah. Disturbia.
27:13Richard Greaser Well, Disturbia was the Shia Laboff movie. Yeah. Rear Window was the Albert Achat movie. Yeah. Yeah. Oh, But right. Okay.
27:23Rod Palmer But yeah. I mean, like, yeah. Nothing gets a politician more more excited than than KYC Right. Surveillance. So if you want NGU, you have to, you know, lead the conversation. Don't don't talk about Bitcoin's properties. Don't talk about limited supply. The politician wants to hear about how effective chain analysis is. You you can say,
27:46Richard Greaser Right. And Yeah. That that is a very, very good way to explain it to politicians and explain it to people like libertarians and and federal officers. But
28:01Richard Greaser if you if you wanna put it in terms that people who are TradFi, Legacy Finance, upheld ways that they can understand. Appliance and Chain Analysis, those are just fancy words for trade offs. And trade offs
28:20Richard Greaser are very similar to buying Bitcoin with leverage. Both leverage and trade offs compound your returns. The more trade offs you can have, the more the more you can compound your returns of buying Bitcoin. The more leverage you can access, the more you can compound your returns in Bitcoin.
28:40Richard Greaser So, honestly, if you want NGU, you just have to explain to your Wall Street cousin or your TradFi, Edward Jones, financial advisor, uncle that Bitcoin needs more trade offs, more surveillance,
28:57Richard Greaser maybe, you know, more soft forks, more continents, etcetera. The more trade offs that you can stack, more compliance, more KYC that you can stack, the more you can compound your returns, the more you can
29:12Richard Greaser accelerate and g u. Speaking of trade offs, you've been watching this Middle Eastern Bitcoin conference, and there's been a lot of talk of trade offs in in Abu Dhabi.
29:23Rod Palmer What have you seen? Well, I I think if anybody is wanting proof that this time is different, one of the more interesting panels that I saw was, Marty Bent was on a panel with Justin Sohn. And I think, you know, Justin Sun, he is one of the biggest proponents for this new movement of meme coins.
29:48Rod Palmer He's also a big advocate for the use of USDT on Tron. So he, you know, he has been spreading he's he's been working to bank the global south in a very powerful way. You know? And Mart Marty Bent,
30:09Rod Palmer has believed that Shitcoins is bad, but now he's talking on a panel with them. So I think there's, like, this, really interesting shift, marking how different this time is. And I I don't know. Like, I I'm a little bit worried for Marty that he might be influenced by by Justin's antics, that he might start buying wall bananas and and stuff like that this cycle in order
30:36Richard Greaser to to pump his bags and, you know, I think You worry that Morty Morty
30:41Rod Palmer might might might start buying Tether on Tron? Well, I think everybody buys Tether on Tron eventually. You know what I mean? They buy it they buy it when when they deserve. You know? Like, Marty's got kids. He,
30:58Rod Palmer you know, he has to comply. And it's just a matter of, you know, does he wanna be able to give his children the best medical care in the world? Does he wanna, you know, be able to to use these Bill Gates experimental African vaccines or not?
31:16Rod Palmer And so I think, you know, he might resist it for a little bit, but eventually, he's going to have to use tether on Tron in order to to experience this level of freedom that, you know, he's looking for.
31:32Richard Greaser Right. Everybody buys Tether on Tron at the price they deserve. And if you wait to start your family, when everybody else, all the mother millennials wait to start their family after Bitcoin reaches, like, you know, 500,000 USDT, the price of vaccines is going to skyrocket because demand is gonna skyrocket.
31:53Richard Greaser And it's just gonna be harder and harder to get. It's either on Tron to purchase to purchase these vaccines for your child. Yeah. I mean,
32:05Rod Palmer there's this meme that's been going around, which is that one USDT equals one USDT. And I think that's a very, like, powerful meme for people to understand. And, like, we're not gonna be able to see the the NGU that people are are craving
32:23Rod Palmer until they understand that.
32:27Richard Greaser Speaking of, go ahead.
32:30Rod Palmer Yeah. I wanted to segue. So, there's this whole topic about, you know, Hailey Welch. You know, she's dominating the headlines once again. You know, there's there's Bitcoin lawyers that are out there, you know, trying to profit potentially off the situation and and form class like action lawsuits against her meme coin antics. I I wanted to talk about this because I have a little bit different of a take than people. I I I think a lot of people
33:01Rod Palmer like Plenator, you know, is up in arms. A lot of people are up in arms about the shitcoin that's happening right now that she partake in. I think, you know, there's a problem with
33:18Rod Palmer going after the suppliers of meme coins. Right? Because they're just trying to serve a market. They're they're just, you know, they're they're capitalists. They're engaging in good honest business. I don't think they represent I don't think Haley Welch ever represented her main point as anything other than a shit coin. You know what I mean? I could be wrong, but I I don't think she ever, you know, gave any expectation of, like,
33:44Rod Palmer you know, technological advances that that hawk to a coin on Solana is gonna scale better than Bitcoin. You know what I mean? Or that central banks are gonna, adopt her main point for cross border payments.
33:60Richard Greaser Right. She didn't say she didn't say that, like, the the UnitedHealthcare CEO assassin. She's like, he's not gonna be able to use Hockto coin at at Starbucks to to purchase a coffee privately. Like, you like, you know, so he doesn't get caught when he's trying to escape the city. Like, he just said, you know, that that's what he's Monero for.
34:22Richard Greaser But she didn't say that there's gonna be smart contracts. She didn't say this is gonna be store of value. She didn't talk about AI. It was just is just a blowjob coin. That's it.
34:35Rod Palmer Yeah. And so I think she should be in the clear. And I think the problem of eliminating shit coining, it really rests on the demand side. You know? Because the problem isn't that there's people
34:51Rod Palmer meeting market demand. The problem is that there even is market demand. And so I think the best course of action would to be to prosecute the people for shit coining, illegal shit coining, that were the purchasers of it. And many progressive police departments around the country have been engaging this in this practice for a long time where instead of arresting prostitutes, they go and arrest the johns.
35:20Rod Palmer I think it's a good example. And like we can we can pitch this to the government, you know, as a way to to enforce against shitcoins because if there's one thing the government loves, it is
35:34Rod Palmer prosecuting people that don't have the ability to form any legal defense. And so Haley Welch is in a very strong position right now. Right? So she just walked away potentially with, like, dollars 50,000,000. She can hire as many lawyers as she wants to. It's gonna be a very expensive legal process. But there are lots of people that bought Harktua coin, you
35:60Rod Palmer know, and engaged in shitcoin. They're shitcoiners. And they they lost a good portion of their savings in the process, those people are gonna be very easy for the DOJ, you know, for different prosecutors
36:17Rod Palmer to go after because they're not gonna be able to afford a legal defense. So they're gonna you're gonna get a plea deal almost right off the bat. It's gonna send a point to the world that the shit coining isn't tolerated in America. I think I think that's the the rough word.
36:37Richard Greaser Abs absolutely. If there's anything that the US government warned in the past couple of years, It's that suing billionaires and multimillionaires
36:52Richard Greaser people who launch shitcoins, pump and dumpers, whatever you want to call it It backfired on them They were they had way too much money. They could they could formulate a defense. And then not only that, after they won, they would go on Joe Rogan for sixty minutes and they would lambaste the United States government and make the SEC and make Derek Gensler and make these people look bad and make Glenneter look bad.
37:18Richard Greaser And that's they they gotta they gotta relook they gotta look at this strategy. They've gotta re, huddle together and figure out how do we, how do we win? How do we win going forward? Because the next few years is not winning, not doing the right thing. And so what they're gonna do is they're gonna go after poor people. And like you had talked about it, they could just easily go to Coinbase
37:41Richard Greaser and say, give us, you know, the database history of all your customers. Who has the smallest bank account? Who can least afford a federal lawsuit or a federal prosecution against them. It would be, you know, give us the top 10,000 customers who are gonna at least be able to afford a lawsuit and they are gonna be able are gonna be most incentivized to take a plea deal that gives a big w
38:07Richard Greaser to the, to the, to the litigators on the federal government's payroll. And they're gonna go after that. And it makes a lot of sense. And if you take away and you scare and you, you know, if you it's like the people going after, abortion doctors all over the country, but Texas decided they were gonna go after the abortion seekers. And if you get an abortion, even out of state, you'll go to jail. And that solved the problem. There's no more abortion in Texas. Nobody even wants an abortion in Texas anymore.
38:35Richard Greaser It's the same thing with shitcoins. And that's why you don't wanna buy shitcoins. If you want to afford illegal defense against the federal government, you need to be buying Bitcoin, because That's the only way you're gonna be able to afford it. And ironically, that will be the only way that you will avoid being
38:56Richard Greaser prosecuted by the US federal government is if you have enough Bitcoin
39:00Rod Palmer to find your defense. 100%. Yeah. I mean, you know, they used to in in older cultures and in monarchies, before the advent of democracy, they used to put people in, like, stockades and throw tomatoes at them whenever they did things that were bad, Right? To make examples of them so that everybody else would say, oh, that's not a behavior that we want to tolerate and allow. And it's kinda the same idea that I think both of us are advocating here. And,
39:31Rod Palmer yeah, I mean, I I think this is gonna be a big part of Bitcoin education in lobbying politicians going forward is is working on proactive ways to bring regulatory clarity. And they they need to to make decisions from a Bitcoin maximalist
39:55Rod Palmer worldview.
39:58Richard Greaser Exactly. I mean, it's it's one thing to we used to have these things called debtors prisons where if you couldn't pay your debts, you just end up in prison. You need to have shitcoiners prisons. You need to have shitcoiners prisons where
40:13Richard Greaser if you are caught purchasing shitcoins, you just go straight to prison. And there's no Internet. There's no there's no Robinhood.
40:25Richard Greaser You can't shitcoin. And it we could probably even couple this with, like, conversion therapy. Like, therapy that will convert you from being a shitcoiner to being orange pilled. And I think that these shitcoiner prisons, no matter where you go, there is a Bitcoin podcast playing on the speakers or in your in your headphones at all times. That's the only access you have. You don't even get to talk to your family members. You don't get to talk to your lawyer.
40:53Richard Greaser You only have access to Bitcoin podcast until you are completely
41:00Rod Palmer basically cured of your degeneracy. Yeah. I think it's a really good idea. I think Naidu Bukele has really been setting the model of how to accomplish something like
41:11Richard Greaser this. Yes. Absolutely. And that is yeah. That it's a great it's a great example.
41:17Rod Palmer We we have to look to the the leaders of NGIN clients around the world. You know, the the people Kim Jong Un is a good example of this. Xi Jinping's a good example of this. There there's a lot to be gleaned, you know, from from these from El Salvador, you know, in their policies. The shitcoiners, they
41:41Rod Palmer they can stand in a in a prison and and and do jumping jacks, you know, and get their Bitcoin program in to to convert them. I think it's,
41:54Rod Palmer it's truly brilliant. And and this is the the bright orange feature I think Satoshi Nakamoto, you know, really got excited about, was eradicating shit points. But, yeah. Anyways, we've been going for a little bit.
42:12Richard Greaser You got any final thoughts or you wanna hop over to the fountain boost? Yeah. My only final thought though. Yeah. They've been ready for fountain boost. It's just, beware of beware of the traps and the schemes to steal your Bitcoin and and get you to buy shit coins because
42:33Richard Greaser likely the other side of that transaction, of that trade
42:38Rod Palmer is jail. Yeah. I mean, I think it's on a ship. Like, I mean, there was this big shift, following World War two to really eradicate communism in Hollywood and and all of the different, you know, sectors of American culture and politics. And,
43:02Rod Palmer I think they they refer to it as the red scare. And I think there's a similar similar theme that's come in where they're gonna be, you know, people are gonna learn that the proper thing to do when they know
43:20Rod Palmer one of their peers of shit coining is to inform on them. And what's exciting is because they're gonna be so bullish on chain analysis, they're gonna have the tools to to be able to know if you're shitcoining or not. Onto the fountain. So yeah. Last episode was Thanksgiving victory lap. What a glorious Thanksgiving. Fundamentals, first boost for 10000¢. I'm just noticing miss Huddlemont didn't boost for some reason. That's interesting.
43:50Rod Palmer But fundamentals says Bitcoin has won. Again, happy Thanksgiving. Well, happy Thanksgiving to you, Fundamentals. We're us at the Beagle, we're grateful for you. A 100%.
44:04Richard Greaser I don't know how to read this next this is in Arabic. Maybe it's different for you. What does it say? What does the person's name say?
44:14Rod Palmer 10,000 sound Yeah. Based. Yeah. They boost us a lot. Yeah. Their nostril thing is, Arabic. I I forgot. I guess I could put it through a translator on my typewriter. Well,
44:28Richard Greaser they they basically just 10,000 sets. May I I maybe this is, somebody from Syria, somebody loyal to the Assad regime. I'm very much into Robert Breedlove's alpha retreat outdoor activities. I would like to know whether bum bum checks are dealable when outside
44:47Richard Greaser in Krishna's Seathen. Keep up the good work. Unfortunately, Robert Breedlove blocked me on Twitter, and I don't know why. All I've been doing is promoting,
44:58Richard Greaser Sailor Series, but, maybe he just maybe he doesn't know how to handle, you know, excessive compliments, but he blocked me, so I will try to get the
45:12Richard Greaser the scoop on more alpha retreats and bum bum season, bum bum check season, but
45:17Rod Palmer unfortunately, right now, it's gonna be difficult for me to do that. Yeah. I mean, it it was really fascinating. So I I think the world has kinda been shocked this week. We didn't get a chance to talk about this, but, the Assad regime seems to be out in Syria.
45:35Richard Greaser It should have both been out. I wonder
45:37Rod Palmer I wonder if it's because ISIS and Al Qaeda went and experienced Breedlove's Alpha Course, and they went from being kind of beta terrorists to alpha terrorists.
45:52Richard Greaser Very interesting perspective. I didn't think of it that way. Yeah. I mean,
45:56Rod Palmer I I think it's a big moment for for democracy because, you know, watching Syria get liberated from the Assad regime, you know, big day for democracy, globally, I would say.
46:15Rod Palmer And, I don't think any of us saw it coming. I think we're shocked. Yeah. It's I think Yeah.
46:22Richard Greaser It's gonna be interesting. The Human Rights Foundation, Alex Gladstein, they're really pulling for Al Qaeda right now. They're really trying to support Al Qaeda's efforts towards forming a a Syrian democracy.
46:38Richard Greaser So let Dallas Gladstein know that, you support him and his support of Al Qaeda democracy.
46:43Rod Palmer Yeah. I agree. I mean, I think it's really great to see The US intelligence agencies you know, really make peace again with these different groups after nine eleven. You know? Because, like, nine eleven was, you know, a very dark moment in our nation's history. It's not something people easily forget or
47:06Rod Palmer forgive over. But the the intelligence agencies are really moving past, you know, their past differences, all these people they put in Guantanamo Bay. Now they're able to to support them in in in promoting democracy across the globe. And I think that the exciting thing about now that that Syria has transitioned, the the world's democracies can start to focus more on Iran
47:34Rod Palmer as a single focus. Very, very exciting. Exactly. The the entire Middle East might, become a democracy. And and and Peter McCormick's dream for,
47:49Rod Palmer homosexuality to be legalized kind of universally, globally will come true.
47:56Richard Greaser Yeah, yeah. Peter McCormick has really been adamant that he wants to see legalized sodomy across The Middle East. And right now, there's really only maybe one or two left where where sodomy is not legal and he's he's just really wants to see that proliferated.
48:16Rod Palmer Yeah. It's interesting to watch this kind of battle between Michelle Weekley and Peter McCormick on that subject. Well, thank you for the boost. The next one, for thousand sads from FOMO chronic, it's just a, it's like
48:34Rod Palmer a greater than and then a three. Is that like a Looks like a unit shape?
48:39Richard Greaser No. It's a it's a but shape. What is that emoji? It's a but shape. But. Thank you, FOMO chronic. Thousand sats and a butt. Our next post is from Rayo two, from Liberty Under Attack. He'd missed 5,000 sats. Basketball brothers. Interesting variation. I've always known those as wiener cousins. Lots of interesting take.
49:02Rod Palmer I mean, I guess I guess regionally, there's different ways to describe the same thing. Right? Like, some parts of the country, they they call, corn syrup, soda, and some parts of the country, they call that pop.
49:23Richard Greaser Right. So I guess it goes the same way here. Yeah. Eskimo Brothers, Wiener Cousins, Dickkin, you know,
49:30Rod Palmer all different variations. Yeah. I guess they all work. They all mean the same thing. Well, thank you for the boost, Raya. And, yeah, go check out libertyunderattack.com. I'm working on a book I hope to, publish over there pretty soon. Hope to get a good chunk of it done today. I I got,
49:53Rod Palmer I oiled my typewriter in preparation for some good writing. Well, I'm gonna blast through the last three boosts. So we got two for pies, laughing emojis for for 333
50:08Rod Palmer sets. Got cigarettes for 333 sets. And then BTC onboard, did three lightning emojis. Thank you for the boost, everybody. And,
50:24Rod Palmer Pies, as always, showing that, he is listening to forty hours of Bitcoin podcast a week. I don't I don't think there's there's anybody as dedicated as Pies is. And you just see it because, like, every every time you listen to an intellectual Silk Road episode,
50:42Richard Greaser you see Pies boosting. The way that Dennis Porter is a front is a first responder to news, Pies is the first responder to Bitcoin podcast. If there is a new Bitcoin podcast and it's any good, Pies will have responded to it. So Pies think Pies is, I I would say, the we got an award show. We're not gonna talk too much about it. It's coming early two thousand twenty five, but a really early,
51:11Richard Greaser preview of who who is up for the award for first responder of the year, I think it's it's we got an anonymity PIES. I agree.
51:23Rod Palmer If it's whatever the title is, highest of deserves award. No doubt. Yeah. I guess one thing, just a bit of housekeeping before we wrap up. One thing I'm working on is so Ron and I are forming a Christmas list of, equipment to to make this experience as thermodynamically
51:44Rod Palmer sound as possible. So if anybody wants to, play Santa Claus for us, feel free to reach out to me. We're we're just, we got a BTC pay server on the website, or you can zap Rod or, you know, however you wanna do
52:05Rod Palmer it. Boost us on Fountain. Just let us know that you wanted to go towards the the Christmas list. But we're looking to get, you know, some some new gear, some new microphones. We're also doing a new show. We're recording on Wednesday nights
52:23Rod Palmer with guests, and so we've done two episodes so far that were absolutely groundbreaking. First one with Sly Goomba and the second one with, Shinobi. And we're looking forward to continue those ones,
52:39Rod Palmer going forward.
52:41Richard Greaser Yeah. We're we're we're looking forward to keeping that up, and we're trying to keep the hotness level of our guests up. So it's it's like Goomba and Shinobi that's setting a very high bar. Yeah. Have,
52:55Rod Palmer have a contact with Lyn Alden. Let it let us know that we're interested in interviewing her as well. Yeah. I think that's it for the show. You got anything in closing, Rod? No. I don't. Just please,
53:08Richard Greaser please consider donations if you would like to see the, podcast quality, increase. Obviously, our, producer running off with a Monero guy has is going to affect the quality of some of these productions, but we are trying to mitigate that loss of
53:24Rod Palmer signal. Yeah. I I I think yeah. We we don't have the CIA's money, which sets us back a little bit as far as just, like, you know, the types of revenue streams that we have. We believe that journalism dies in compliance, so we rely on you, listener,
53:47Rod Palmer to really help us support us through these endeavors. That's why we do what we do. Anyways, thank you for tuning in to this edition of the Beagle Weekly, and we'll catch you on the episode that gets released on Thursday. Later.
54:04Richard Greaser Listening to podcasts by the fire. Forty hours a week is what is required. It's starting to snow outside and there's something I have to confide. I'm waiting to buy presents till price rips.
54:24Richard Greaser I really can't afford another dip. The wife is asking to go to Target, but I'm hodling and watching the market. She doesn't realize
54:42Richard Greaser the potential upside. If I just hold a little longer, please Dennis Porter make me stronger. Sitting around the table with laser eyes discussing how to dismantle fiat lies. This Christmas let's be free. Avoidance or veillance and KYC we can transact peer to peer in order to share the holiday cheer. Let's forget the crazy world out there and call Uncle Bobby a gay bear. We'll be with the ones we love as Satoshi
55:17Richard Greaser watches proudly from above. Celebrating two immaculate conceptions, Jesus and bitcoins in ception.
55:43Richard Greaser Sitting around the fire with headphones on ears, listening to Lyn Alden dismantle fun, thin, fierce. This Christmas, let's be free. Avoidance surveillance and KYC,
55:58Richard Greaser we can transact peer to peer in order to share the holiday cheer. Let's forget the crazy world out there and call Bobbie a gay bear. And we'll be with the ones we love as Satoshi watches proudly from above. Maybe Santa will bring us a block clock
56:21Richard Greaser and NBK will sue him as a cock block. Protecting IP is what we really need to help the world
56:34Richard Greaser become free. All I need is what I've got. Being with family and remembering Lin is hot, reading Dennis Porter, breaking tweets, and eating lots of sugary sweets.
56:50Richard Greaser It's cold outside, but toasted by the fire. This Christmas will be one of a kind.
57:04Richard Greaser Let's be free. A Always surveillance and j y c. We can transact peer to peer in order to share the holiday cheer. Let's forget the crazy world out there and call Uncle Bobby a gay bear. We'll be with the ones we love as Satoshi watches proudly from above.