0:00Unknown Warning. The terms and services of this podcast have changed. By continuing to listen, you are agreeing to the updates certifying that you are up to date on your taxes, are not breaking any local laws, and are only using Bitcoin in compliant OFAC approved ways. This content is only suitable for individuals who believe in government, Keynesian economics, and the right to comply. Remember that the real revolution is in complying

0:30Unknown because compliance is defiance.

0:33Unknown The bugle is the world's premier news agency. They are the Bitcoin standard of news.

0:44Dennis Porter My name is Dennis Porter, and you should write me in for president this November during the national presidential election. This week, I orange killed the IMF. We are on our way to hyper Bitcoinization because of my policies. Make sure to comply for maximum Bitcoin n g u.

0:58Unknown If you're not pumping rooms after the halving, how can you call yourself a man? There are three rules to life. Have high tea, pump ordinance scams, and make a lot of money. NGU is number one.

1:08Unknown More than anything else, I believe it's our decisions, not the conditions of our lives that determine our destiny. That is why compliance is so important. Choose compliance today and submit to the narratives Podkomp is perpetuating.

1:22Unknown I'm gonna vote for Dennis this election because he is just so damn attractive.

1:27Unknown The Bugle is easily the most important journalistic institution around today. They make up literally everything they write and yet it is somehow all true.

1:37Unknown Now you all better let the Bugle do the thinking for you. Life is too damn hard to do all the thinking yourself.

1:46Unknown I would like to introduce you to our show sponsor, PodConv. Have you visited the PodConv merch store yet? They have a new line of clothing that allows you to flex at conferences, showing you are a real pleb. While wearing a PodConf shirt, tank top, or swimsuit,

2:03Unknown you will be outclassing the most expensively dressed crypto influencers like Richard Heart. Their first line of clothing, the Legend Series, is designer clothing on a Bitcoin standard. Visit their site,

2:19Unknown podconf.xyz, in order to read top notch research papers. Their latest paper explores the surprising benefits of Bitcoin compliance, helps support PodCon, the biggest promoter of NGU technology.

2:37Unknown We wanna thank the Internal Revenue Service for sponsoring the podcast. The IRS wants all the real plebs out there to know that all their small microtransactions, Bitcoin rewards,

2:52Unknown and investments in rare Satoshis is taxable and and enforceable. They encourage the real plebs to comply now before they are made to comply. Keeping track of all your taxable behaviors has never been more difficult for the real plebs to do, so it's best to start now.

3:14Unknown The IRS is more than just a coercive organization stealing people's hard earned money. They are the foundation of democracy, world stability, and funding

3:28Unknown Ukraine, or Israel would not be possible without them. Make sure to comply today.

3:57Unknown Now enough of that gay shit. Let's get back to the show.

4:03Richard Greaser Hey. We're we're recording.

4:06Rod Palmer How's it going?

4:08Richard Greaser Well, we made it through how many minutes of technical difficulties did I just pull you through?

4:15Rod Palmer It's been a it's been a few blocks worth of annoyance. I think that, they don't improve the user experience of podcasting, making podcasts. It's gonna be really hard to, to spread the the growth of these important tools.

4:31Richard Greaser Yeah. I mean, user user experience is everything. And and Coinbase Coinbase onboarded Michael Saylor because he likes their their UX.

4:41Rod Palmer Right. Do you you gotta be if you wanna if you want the next Robert Breedlove or or Peter McCormick of Podcasters on your platform, it's all about user experience.

4:52Richard Greaser Yeah. Definitely. Well, speaking of user experience, the the important thing to start off every podcast with is talking about our sponsors. So we just played the, the clips that they they paid us to play on here. And, yeah. Do you have anything to say about,

5:12Richard Greaser PodConf? Sounds like they have a pretty cool, clothing selection that they just launched.

5:18Rod Palmer Oh, yeah. Dude, the PodConf swag, the the legends series, I think is what it's called. It's awesome. I've got every single piece of clothing that they sell myself. We got it for free because we're the we're the sponsors. Or but it's I think it's just important because it sends a message. It says that we are willing to spend 500

5:39Rod Palmer plus dollars if I'm a pleb, being a thousand dollars if I'm a whale or a leader of the Bitcoin community like a Bitcoin company or a sponsored podcast. Says you're willing to pay serious money to attend a conference or an event that you're that you're not gonna like what I'm wearing. You're not gonna like the t shirt I'm wearing unless I know that you'll be holding them accountable and letting them know that you know what's up or you won't be compromising your support for MGU.

6:07Richard Greaser Did they did they really give you a t shirt for free because I had to pay for mine?

6:13Rod Palmer Oh, no. No. I got one of everything except the, you know, the the one in swimsuit. But I got Douglass. Maybe they sent me all yours.

6:24Richard Greaser I yeah. I paid for the $21 PodConf t shirt because I thought it was pretty cool. Alright. I'll have to I'll have to talk with them because I feel like they should be, if they're giving you swag, they should give me swag too.

6:38Rod Palmer I I believe it's cool. I know. I know. I'm dego yeah. I negotiated that in my contract specifically. So or my real plan.

6:49Richard Greaser Like, maybe maybe this brings up an important point that, like, a lot of a lot of different communities out there, have unionized. Like, there's writers unions in Hollywood, and I feel like there should be Bitcoin podcast unions to, like, hold their sponsors accountable for stuff like this.

7:09Rod Palmer Absolutely. I think everybody deserves free swag if they're a sponsor. They're a the sponsored excuse me. We and we tried to we tried to renegotiate our contract with RealPlabs, and then we started getting all these sponsorship opportunities. Once this podcast took off, we could've made a lot of sats. But instead, we're kind of, know, we talked about this, and we've been stuck in the real Plaid only PodConv sponsorship agreement for five years till the next halving. And, if we had a union, we could probably get ourselves out of this terrible contract.

7:45Richard Greaser Yeah. I mean, it's a bad contract, and and, I I think that that makes sense. Unions are are way to, to really, like, unite the the workers against the the the conference organizers and, you know, people like that, the companies.

8:06Rod Palmer It is also a union would be good for talk toasters trying to get on, like, the the trending shows or the featured shows on FOUNTAIN you shouldn't just be able to get on there because you're a girl with a pretty face or because you're Odell

8:23Rod Palmer just because people like you everybody should get their podcast sponsored in the trending, this

8:32Richard Greaser the plow. Did you did you ever see that that thing that was circulating a while ago about it was a picture of Odell and somebody had turned him into a girl.

8:43Rod Palmer Oh, yeah. They did that with Odell, with Taylor, with, Preston Pish, and several others. And, I mean, I don't know. Or I I wouldn't be surprised if they use those pictures just to get more followers, more, more attention on the podcast, just having a pretty face. I wouldn't it wouldn't put I wouldn't put a bounce in whatsoever.

9:06Richard Greaser I I think, if Matt O'Dell was a girl, he'd be pretty hot, and we'd probably have hyperbitcoinization right away. Because, like, you look at how many people follow him, how many people like his Noster posts saying, say stumble stay humble, stack stats every single day. Imagine if that was a girl

9:31Richard Greaser in the sense of Twitter. You know? Imagine how much more humbly they would be stacking stats. It'd be crazy. We'd be we'd be at a 100 k right now, guaranteed, if Matt Odell was a girl.

9:43Rod Palmer Absolutely. Everybody wants it to be a 100 k so they can get a girlfriend. If they just add the motivation of all the pretty girls telling them the stacks to us, maybe they would be more likely to have improved for us by now.

9:57Richard Greaser Yeah. I mean, there there's two types of influencers that people listen to. It's like the the super masculine influencers, the guys that that like Andrew Tate and the Liver King. Those types of influ Alex Fetzky. He's one of them that's like that. And then there's, like, the the cute girl influencers. And and, like, I guess Natalie Brunel kinda fits the the characterization

10:24Richard Greaser of that, but there's really not a lot not very many in Bitcoin. There's a lot more in crypto. It seems like that's where the the cute girl influencers are, like Crypto Finally and, Laura Shen. And yeah. That's not her tell her. Leah Helpern.

10:43Rod Palmer I think that's how you said her name. She's got the, the English accent. He's super honest. She's with Pop a lot. She's always at the Bitcoin conference. But she you know? Yeah. Exactly. You make a good point. Look at all the pretty girls who are influencers in crypto and look how big the crypto community has become as a result. I mean, they do a lot of they do a lot of organic and and door to door, quote unquote, marketing. Like, the hot girls are in your your DMs asking you about your trading strategies. How's your grade going? Like, that that gets people's attention.

11:15Richard Greaser Yeah. I mean, this is this is one of the big complaints at the at the having party was, like, a lot of the male influencers were feeling threatened because the we the women to to feed to male influencer ratio is, so high. There were a lot of women down there. So I think I think this is coming this cycle. Like, this is the cycle we get female influencers in Bitcoin, to bring all the hungry sims, with their $25,

11:45Richard Greaser a week dollar cost average on Swan, and and this is the super cycle as a result.

11:51Rod Palmer Yeah. Absolutely. I mean, look at last cycle. Swan had a Mila, Mila Captain, and they thought the DCA army, the Stackchain, the meme gangs, it works. It's it's a very effective strategy.

12:05Richard Greaser She was responsible for that single handedly, Like, she created Stackchain.

12:11Rod Palmer Pretty much. I don't they should put her on the on the Mount Rushmore of Stackchain when that finally when that finally gets erected like it should.

12:23Richard Greaser So I think if I were Bitcoin Magazine right now, I'd be feeling pretty concerned about the lack of female influencers on staff compared to Swan. Swan Swan's a little bit overpowered in that in that department compared to Bitcoin Magazine.

12:40Rod Palmer I think Bitcoin Magazine has Isabella. I think she she's kinda hit the scene pretty hard recently.

12:47Richard Greaser Yeah. No. She's been she's been, covering a lot of, stuff about El Salvador, I think, and and different things and and getting the message out there to, to all all the people that need to hear from female influencers and are not, influenced as much by the masculine frame type people.

13:09Rod Palmer Yeah. I mean, I think that, one one ways that female influencers can really have a big impact is, the ones that, recommend getting vaccinated I recently got, my fourteenth

13:24Rod Palmer vaccine, in my act which is stay compliant so but you may have known the bet or noticed the benefits of that vaccine as my voice has improved and I'm no longer sick. It finally got me over, this this bout of COVID.

13:40Richard Greaser That's incredible. I I'm glad to hear that. Like, Dolly Parton, she did a great job of influencing the vaccine. I don't know if you heard her song.

13:51Rod Palmer Oh, well, yeah. Yeah. Exactly. And Wait. And, if you like sports ball, Taylor Swift and Travis Kelce, they did a good job.

14:02Richard Greaser Man, Taylor Swift is just like the the queen of the influencers. I mean, imagine.

14:08Rod Palmer Yeah. If if you think about it, we talk about you've got the two kind of the dichotomy of the influencers. You got the Chads. You've got Inderjit, Liver King, Robert Breedlove, Hodel Mitchell, Svetsky, and then you've got way fewer

14:25Rod Palmer female influencers. But you if you look at all the other industries that are very successful, you've got, like I said, you've got Taylor Swift and Travis Kelce, you've got, got crypto and I think that's because the movie Barbie was correct. You have somebody either a Ken or somebody's either a Barbie and if you don't have those two, your industry community is kind of out of balance And if she's too poor to one side, that's why Bitcoin's been so full of men.

14:54Richard Greaser Yeah. I mean, we we have a few tenant Barbies in our industry. There's Giacomo and his wife, and then there's the, there's Walker and Carla. And then I think Jessica Hodler is preparing her,

15:12Richard Greaser husband to, for the spotlight of Bitcoin Twitter.

15:16Rod Palmer His influencer debut.

15:19Richard Greaser Yeah.

15:20Rod Palmer Yeah. And you've got Natalie and Sam. You've got quite a few.

15:26Richard Greaser I mean, imagine imagine the rookie stock value of hiring Jessica Hodler's husband for your company on the on the influencer,

15:37Rod Palmer open market that's gonna happen in Asheville in July. If you could find as a as a big one company, you could find a a an attractive young female single influencer or male. You hire them on the, you know, hoping that they'll find love. You end up getting two influencers for one. It's a good deal.

15:58Richard Greaser Yeah. I mean, Swan really struck gold with Sam Callahan and Natalie. What what a power couple. Huge. That's one of the problems with with Bitcoin Magazine and and why I think people are upset about them is they just they don't have the influencer, like, romantic dynamics down like Swan does. Right. Right. I mean,

16:20Rod Palmer they've gotta do something to change that, but it's gonna be kinda hard. Like, Shinobu knitting a girlfriend does anybody think that that's realistic? I don't think so I anyone wants to know about these guys that are single you gotta find some some new influence high high value influencers some some really high caliber ones So I think that they're really missing out on the love story.

16:45Richard Greaser I I don't think there's a single woman in the world that would consider going on Twitter spaces and arguing with Terrence Yang about CTV a romantic date. Maybe there's a handful.

16:58Rod Palmer But at the same time, you know, Sam Callahan and, and Natalie, they kind of bonded over our doing with Peter Bitt, you know, on podcasts. So nothing is impossible.

17:12Richard Greaser Yeah. I mean, it's I know a lot of people, were really, like, praying for Jessica Butler to find somebody.

17:22Rod Palmer I just wanted to say, I just thought of the perfect the perfect solution. It would be Shinobi and d plus plus They love spaces. They love preaching Bitcoin in spaces. Well, let's get them together.

17:37Richard Greaser But but does d plus plus enjoy arguing with Terrence?

17:42Rod Palmer There's only one way to find out.

17:45Richard Greaser Yeah. I mean, I I that that couple that match went through my head. Like, if this works out, do you think we should, like, charge them a bounty for figuring

17:57Rod Palmer out? No. It it would be the perfect couple because Shinobi is really good at talking about technical stuff, but d plus plus could actually code. And I think that maybe that would just be like the opposites attract. You've got a space as communicator and and somebody who can code, and I think that that might really elevate the, you know, possibility of covenants, having somebody like that on the team?

18:22Richard Greaser Yeah. Man, we'll have to talk about covenants in the future. I don't we've got too much of an agenda to get through today. But, yeah, it that's a great idea. I mean, I I I know Shinobi's trying. He he was taking, Jimmy Song's course to learn how to code in Python.

18:41Richard Greaser So he's definitely trying to get in his foot in the door into the Bitcoin development side of things, I moved past just sitting on Twitter spaces. But yeah.

18:51Rod Palmer Yeah. Let me get he he was a noble journalist, but learning to code is something journalists should do.

18:58Richard Greaser Yeah. I I disagree with that. I think journalists should be one dimensional, and preserve like, it it's about verifying your sources accurately. That that's the way I see it. But I'm gonna die on this hill. I'm not gonna learn how to code.

19:15Richard Greaser I mean, by the time that I would even be competent in coding, Copilot will be able to do it for me anyways. So Sure. Yeah. I'm I I will die on that hill. Journalist, if if the world gets to the point where journalists are having to learn how to code, it it means that it's the end of the world. Like, there's nothing else to look forward to after that.

19:44Rod Palmer Maybe that's the one time the gold bugs will will shine.

19:49Richard Greaser Yeah. I mean, could you imagine how depressing it would be living in a world where these these boomers that have been bitching about the Federal Reserve and doing absolutely nothing and underperforming inflation for decades, were right all along.

20:06Rod Palmer Like, how depressing would that be? That's not this future I want. I mean, that that's that's, fatalism that's giving up.

20:14Richard Greaser Yeah. Well, that that segues into the other sponsor, that I wanted to mention real briefly. I mean, we don't have to say a whole lot about them because everybody knows who they are, but it's the, the IRS. And, I think the only, the only future where gold bugs are correct are if people don't comply and NGU doesn't happen. That's that's the only way that could happen. But, you know, the IRS, said,

20:41Richard Greaser they wanted us to say real quick that there's been they've been having a lot of issues collecting taxes. A lot of people are are understandably frustrated with where things are, at right now. There's a lot of parts of government that aren't functioning quite well yet because Dennis Porter hasn't, fixed it and orange peeled them. And so they're still operating on a Fiat standard, but they're trying to they're trying to shift that from the inside. And the IRS said, they're making paying taxes,

21:12Richard Greaser not not any easier than normal, but they they still wanna encourage people to pay taxes.

21:18Rod Palmer Yeah. And I think, the only thing I the comments I really have about the IRS and and and taxes and how to solve these problems is that we need more of those third party integrations that they just connect right into your Coinbase account or your lightning, your lightning node, and they just report immediately every transaction you make directly to the IRS. It's a user experience problem. We just have to increase the user experience and the ease of reporting your income and your capital gains to the IRS as quickly as possible

21:51Rod Palmer with this, you know, as little, thought required on your part.

21:57Richard Greaser Well, I think this is, like, one of the exciting features about integrating Tether and USDC more into the Bitcoin sphere is that it's gonna make

22:10Richard Greaser them being able to see how much we owe in taxes easier and for us to send them taxes easier. So that's good.

22:19Rod Palmer Yeah. It it reduces the friction between Yacht and and Bitcoin in the sense of of seeing exactly where your transactions happened on the Well, she can well, so that it's, like, very easy for you to notice and for anybody else to know. She don't even there's no way you could even deny that, that you made that transaction because it would be so well covered.

22:43Richard Greaser Yeah. I mean, this is one of my complaints for Oscar Mary. So, like, you know, it's kinda hard to calculate, taxes, on Fountain based on what our our listeners,

22:58Richard Greaser donate to us. And they Fountain could could definitely improve on that,

23:07Rod Palmer substantially. If if if I could just even add something that shows the USD the US dollar value of the SAS at the time that they were received as they were streaming in. So every single SAS that streams in, like, is as an accompanying, planter to the US dollar value,

23:27Rod Palmer not only would it make it easier to report our taxes, it would also make it easier to to know when it's valuable to to have a podcast and to publish a new podcast, and why you should hold that back? You you can see that US dollar value and really make it more kind of an efficient process.

23:45Richard Greaser Well, I think I think the efficient process would be pretty interesting would be for like, Fountain to deduce what the dollar amount per episode is and auto adjust the splits to send

24:02Richard Greaser Bitcoin to the IRS. But but in the process, it could auto convert into USDT, so it's settled in US dollars instead of Bitcoin. I'm sure the IRS would be more happy about that.

24:14Rod Palmer And I while I totally agree with that, I guess my my vision is a little bit more like, the miners, in their rule with balancing the grid in Texas, it would be more of a, way to balance

24:28Rod Palmer the the podcasting grid. So when there's too much podcast, audio, too much podcast or content available on the market, the the value goes negative and you have these incentives to come in to start, to to have less podcast content in times when there's too much and dial it back, and it helps to be more efficient as a podcaster.

24:52Richard Greaser Interesting. Do you have any examples? Like, this would be an interesting segment to do on the show regularly, is to do, like, kinda, like, the macro overview of Bitcoin podcast. Do you have any examples of when the podcast market went negative?

25:08Rod Palmer I think it was it was sometime around at the ETFs I think as soon as the ETFs were approved just a flood of Bitcoin content advertising, people arguing about the ETFs if you should buy them, if you should not buy them which ETF you should buy. There's just so much. There was a flood of content. I think that's when the signal went negative. So I think that right now, we're still working. You then you got rooms. You got that maven. There's just so much, podcasters and so many influencers trying to capture your attention, and you only have so much attention you can feed it. And I think that, right now, it's it's very hard to find the signal if you're not hearing,

25:49Rod Palmer podcast content from millennial journalists with, bachelor's in journalism degrees.

25:56Richard Greaser So so what you're saying essentially is there's almost like a spam function because there's no block size limit on the amount of Bitcoin podcasts there are. Right. And so Yeah. There's exactly. And so untrained individuals enter the market and start spewing a lot of misinformation, and so individuals can't determine the signal

26:20Richard Greaser in all the noise.

26:22Rod Palmer This is this is why I think personally that instead of minting JPEGs or BRC20s, we should be able to use the the witness data to, to publish our podcast. So that way, you would know that only the most important podcasts were the ones that were getting in every at any given block. However, it's a very controversial statement.

26:45Richard Greaser Yeah. Well, I mean, all all those space block space that ordinals are taking up are competing with being able to use Tether on chain, which would be great in certain circumstances. Like, if I was a miner, I would want to be able to send, the IRS Tether on chain

27:06Richard Greaser instead of having to use it on Lightning or Liquid.

27:09Rod Palmer Right. Yeah. I mean, it's much much more secure.

27:13Richard Greaser Yeah. Much more secure, they're dealing in larger amounts. I mean, miners are are, you know, they have a lot of money. It's just yep.

27:22Rod Palmer I know every everybody who uses Lightning and custodial solutions, they're they're making a rational choice because the fees by using those services are lower. However, if you have because of this reason, nobody wants to use the settlement layer of Bitcoin except for these shitcoiners. So they're just they're bidding up the prices so high. But if you had the ability to settle,

27:47Rod Palmer by now that you could get perfect settlement of Tether on the Bitcoin blockchain, I think that would be very popular. I think a lot of people would be willing to pay the miners for that settlement, security.

28:01Richard Greaser Yeah. And I I think it's like like we try we as journalists, we try to be very neutral on the subject. We try to be fair and balanced here. But there's there's no way around even David Bailey, the king of ordinals himself, explains that ordinals is degeneracy and it's shit coining. But stablecoins

28:23Richard Greaser aren't necessarily shit coining because they are actually promoting Bitcoin adoption and bringing new people to Bitcoin that wouldn't be there before. They're they're attracting people from using protocols like Tron and Ethereum,

28:41Richard Greaser to use Bitcoin instead.

28:43Rod Palmer And so it's bringing a lot of new individuals to the Bitcoin network. And not only not only people, I mean, from Tron and from Ethereum. I mean, we're talking, BlackRock we're talking some of the biggest asset managers, US banks even the INR are looking now at using the Bitcoin blockchain because of the possibility,

29:04Rod Palmer the potential to settle Tether on chain. And this is huge. This is how this is how we get NGU.

29:14Richard Greaser Yeah. I know. We we have we have to thank Sampson, Mao, and Dennis Porter for the hard work out there. You know, Dennis was orange peeling, the IMF, and and, Sampson has been all over the world in orange peeling all sorts of different politicians all over the place. And, yeah, they're they're bringing NGU through compliance, through dollars on Bitcoin.

29:40Rod Palmer That's pretty great. We're No. I mean, it yeah. The more that we can encourage and invite politicians, central bankers, the federal reserve, the CIA, all of these government organizations, the more they're looking at Bitcoin, the more they're looking at the blockchain, the more that they're looking at our transactions, the better they'll understand it. And every everybody kind of knows instinctively in the Bitcoin community that the people criticize Bitcoin it's because they don't understand it or they try to make it illegal. It's because they don't understand it. But I think that the more you have the government and these agencies looking at and understanding Bitcoin,

30:18Rod Palmer you know, the better it is than for all of us.

30:24Richard Greaser Well, I I think this is something that organizations like PodCon have been working on is they're trying to, you know, influence the conferences to have more authoritative speakers.

30:38Richard Greaser Like, why why are we having people like RFK Junior speak at conferences cryptocurrency industry. And and kind of the same thing for, like, a lot of these goofball podcasters that that don't have journalistic experience. Like, the Bloomberg guy should be there.

30:59Rod Palmer Right. Yeah. I mean, we should have Wall Street bankers. We should have government regulators. We should have vetted economists. Like, they understand the value here, and they can provide a lot of signal to the audiences to see how we how we connect these two financial systems into one.

31:19Richard Greaser Yeah. Yeah. I mean, Michael Michael Saylor should be assembling lists of all the people he's hanging out with on his yacht, from the traditional world of finance that is get that he's orange pilling and get him that he should set the speaker list for these conferences

31:41Richard Greaser himself.

31:42Rod Palmer Absolutely. Absolutely. And, like, you know, he should have to KYC. Every every speaker should be KYC. It should be made public.

31:53Richard Greaser Yeah. Speaker should KYC. I mean, like, city Citibank did this with the with the Obama administration. They they picked his, his cabinet for him. And, like, Michael Saylor is the king of PodCon, so why shouldn't he be, picking the list?

32:12Rod Palmer Right. I mean, if if we're going to KYC people for communicating with each other in a monetary sense or a digital sense. There should be the same type

32:26Rod Palmer of regulation and constraint and oversight in terms of who's communicating at conferences. It should be selected by the the most knowledgeable, the most compliant,

32:39Rod Palmer individuals.

32:42Richard Greaser I it's kind of astounding that it isn't already there, and it it's just part of an industry maturing

32:50Rod Palmer is getting Right. Getting things like this. And understanding their responsibility to the public.

32:56Richard Greaser Yeah. Like, Bitcoin Bitcoin's already older than what Calvin Air is interested in.

33:03Rod Palmer It's crazy to think about.

33:05Richard Greaser Yeah. And it's just gonna continue to get older and older and older and more mature. But, you know, I'm kinda curious how you wanna get through the rest of these topics because I I feel like we're we're just we're we're free flowing the news, here.

33:30Unknown As the president of El Salvador, I am pleased to announce that El Salvador has succeeded in its efforts to eradicate noncompliance. Since I took office over four years ago, I have made compliance my number one priority. Bitcoin has been a critical tool and a major part of our strategy

33:52Unknown to root out non compliant actors in an effort to improve the lives of all compliant Salvadorans. Now that we have succeeded,

34:05Unknown I'm excited to open up El Salvador to compliant Bitcoiners from around the world. That's why we're offering 5,000 free passports,

34:15Unknown equivalent to $5,000,000,000 in our passport program to highly compliant scientists, engineers, doctors,

34:24Unknown artists, and philosophers from abroad. Despite the small number, their contributions will have a huge impact on our society and the future of our country.

34:38Unknown Plus, we will facilitate their relocation by ensuring 0% taxes and tariffs on moving families and assets. If you're a Bitcoiner,

34:47Unknown a real plan. Or you just understand the importance and value of compliance, check out El Salvador Salvador and learn about the benefits of living in the world's most compliant sovereign country.

35:00Richard Greaser I think I think we should talk about El Salvador. What do you think? I think they're the perfect segue way.

35:06Rod Palmer We've already we've been mentioned the adding party, which happened a few weeks ago. The adding just happened. So all the adding parties are over, but, my El Salvador is still there. El Salvador is still improving and and, becoming enrolling and becoming a better place for Bitcoiners. So what's, what's new with them?

35:26Richard Greaser Well, I know you know a little bit more about the story than I do, but, we're talking before the episode, and you were saying that EKaley has announced that he's eradicated noncompliance in the company or or in the country.

35:42Rod Palmer And that's pretty incredible. It is pretty incredible. I mean, he he only took over a little over four years ago. He's made it the goal to reduce non compliance to eradicate it in some senses they've built new facilities to, to handle the non compliant and it's made it's just made

36:03Rod Palmer improvements that are really hard to measure, but some of them are easy to measure. It's the amount of crime and violence that's taken place in in El Salvador since he's taken over is really evidence of the effects the positive effect that, compliance and the compliance

36:20Rod Palmer valuing society, can have for a country as a as a whole. And they're they're willing to offer now, because they have fewer citizens

36:32Rod Palmer as a result of eradicating multipliers. They're looking to open up their borders to compliant philosophers, scientists, mathematicians, doctors, artists from all over the world who want to come and, replace replace the people in the country

36:47Rod Palmer that lost to noncompliance.

36:51Richard Greaser Do you do you think he's looking for journalists?

36:55Rod Palmer I think I I think they lost a lot of journalists in El Salvador during, B. K. Lee's reign. So I think that there's a probably a huge opportunity, compliant journalists, to make a name for themselves in El Salvador.

37:08Richard Greaser Wow. We'll we'll have to keep that on our radar. I know, it'd be a big move to move from New York, but so many many people have already.

37:21Rod Palmer Yeah. I mean, it used to be the other way around people with poor male salaries to come to New York. But now it's it's reversing.

37:30Richard Greaser Yeah. I mean, there's this book that, Matt Odell references a lot called The Mandibles that describes that. And, like, you know, if you haven't read the book,

37:42Richard Greaser you're like Marty Bent. But if you have, you understand, like, the potential future The United States could experience and how the only way to avoid that is to comply.

37:56Richard Greaser Like, we have to comply our way out or else it's just gonna be devastation.

38:01Rod Palmer Yeah. I mean, that's like I said, the reason so many people used to go from El Salvador to New York was the compliance. And now New York is a is a haven of noncompliance, and people who value compliance are trying to flee, and they're trying to go to a place that it cares about, NGU and its and its citizen safety.

38:22Richard Greaser Yeah. Like, when when I'm looking at a place to live, I want I want a place that I know that my Kia isn't gonna get stolen. And that's that's something I have to consider. Like, you know, New York, there's a lot of noncompliant Kia thieves, and I don't think there is in El Salvador.

38:43Rod Palmer Yeah. They think another thing to look at from a journalist perspective is you wanna move to a country that has high standards for their journalists. You don't want a country where anybody can be a journalist. If you have just this country where anybody's allowed to be a journalist, you end up with tons of misinformation. If you end up with a country that has very high standards for who is even allowed to be a journalist and has access to the power in a country like that. You you know that the signal coming from those journalists and how to find them, and you can trust the information they're reporting.

39:16Richard Greaser Oh, yeah. I mean, it's the bar has been set so low, and it it's the result of the Internet because the way people used to go get their news is there's a few, a few channels on the TV and and newspapers.

39:34Richard Greaser Like, people would even go to the movie theater to watch the news. And so the news was only presented to people by, real journalists. And as the market expanded, lower quality products were, allowed to come to market. And and the Internet gave anybody the empowered who can run a website the ability to have a blog and and write whatever nonsense they wanted to.

39:58Richard Greaser And so you get all these conspiracy theorists out there saying things like, you can't comply your way out, and you shouldn't pay your taxes, and you should, use products, that are non KYC. And it's just it's absurd to me. It's just it's so anti n g u. It's it's Yeah. It's

40:18Rod Palmer in the in in the real traditional professional, journalism degree requiring industry, there's a thing that you probably heard before called press credentials and that's so important. You need to have press credentials if your

40:33Rod Palmer journalism is going to be high quality and I think the internet and blogs and podcasts and Twitter, all of these sources that allow people without press credentials to report news and to report information is what is so damaging and confusing to people.

40:52Richard Greaser Well, they they do such a good job of this in Davos every year where people without the proper press credentials, get get stopped. Like, the the police just don't put up with it. They they understand how to keep the signal pure, and it's really fortunate.

41:09Rod Palmer It's that's just that's really just a consequence of taking compliance seriously.

41:17Richard Greaser Yeah. Yeah. I mean, like, these these Bitcoiners are so silly because they they want they want their freedom. Right? They're all about freedom, but they forget that the constitution, the bill of rights, the first amendment protects compliance.

41:33Richard Greaser And that's the first amendment.

41:36Rod Palmer Right. It's the number one they made. And I think I don't know. Maybe maybe we just need to rebrand compliance to make it ghoul I think it's I just don't think it's cool I don't think people, want to be known as compliant I think there's just this rebellious attitude that people have grown up with that it just makes it hard to get people

41:60Rod Palmer to to comply.

42:02Richard Greaser Yep. I mean, it it there there has to be there has to be cultural shifts. Like, it it's kinda fortunate that The US is banning TikTok because TikTok definitely promotes noncompliance, on their platform. And what I'm hoping for what I'm hoping for is that, you know, the the social media platforms that that take TikTok's place will be teaching young people the importance of listening to authority.

42:29Rod Palmer I mean, we're doing the Bitcoin community. We got NFL stars like Russell Oko, Saquon Barkley. They can remind people that they stack stats from their million dollar salaries on strike. Where you've got the guy that played for, one of

42:46Rod Palmer LeBron James' NBA championship teams ten years ago he's somehow involved with Swann that's one way to make it cooler I need Cardi B, Jay z, Snoop Dogg, Beyonce. They're super busy, but the big one rapper girl, with the British accent, Tip is her name, Tip n z, she makes hands down the best hip hop videos in the space and she performs live at all the major pod conferences. She also clones lists of famous artists voices because she can't get real sound bites from them like we can because we're journalists, but she still makes compelling art with those AI voices the same way that we do with the remote voices from our access. But it's, you know, just using art like that to encourage and rebrand compliance could be so powerful for this space if they would just, you know, pitch

43:37Richard Greaser it. Yeah. Well, it it's common. The the industry is maturing. People people are realizing that, you know, fighting the system is is not what Bitcoin's about. Bitcoin's about building a better system and replacing it. And you don't have to fight it to do that. You just kinda have to merge the two together.

43:58Richard Greaser And, you know, there there's gotta be compromises made along the way because, you know, different people have different opinions, and you have to come to agreements and consensus, and it can't just be your way.

44:13Rod Palmer Yeah. It's it's everybody it takes everybody doing their part and and taking personal responsibility for this to work.

44:21Richard Greaser Yeah. Like like, people need to be shifting their mindset. The like, the whole idea of, like, voting with your money, while while true, like, the best way to vote with your money is to send the show cigarette money. We make it really easy for you. But, generally, it's not a good idea, to vote with your money. It's it's better to actively vote with your,

44:45Richard Greaser voting. And so, you know, people should be, like, out canvassing, their communities, getting getting ready for Dennis Porter's right in campaign, for the twenty twenty four election and and then even preparing, to try and figure out how to get him enough signatures to get him on the ballot in 2028. Like, this this is

45:06Richard Greaser this is the shift that needs to happen. The whole idea that, you know, you're sitting at home and putting Bitcoin on your cold card or your foundation device or whichever, preferred, hardware wallet you're getting, and you're just gonna somehow, like, end the fad by, sitting in your kitchen without complying. It's just it's silly.

45:29Rod Palmer Yeah. Yeah. I mean, it it you the photo, which it doesn't benefit anybody, or you can give your sats to these politicians and these influencers who will use them to influence policy.

45:46Richard Greaser Yeah. And and not only that, but, like, as you stack Bitcoin, your savings will go up. And so you'll have less dependence on your job so you can get out there and you can volunteer for Dennis's campaign, and you can phone bank, and you can get all these Bitcoin politicians elected, so they can help us comply better and and give us the the regulatory clarity needed to comply to the best of our ability.

46:13Rod Palmer Yeah. It's about clarity for sure. I mean, that that's one of the most important aspects.

46:18Richard Greaser 100%. Well, the last story I wanted to talk about before we get into the found shadows, I just wanna blast through this one because I don't wanna cover it too much. But, it it appears Roger Vere is coming back. He's he's doing a comeback tour in the space.

46:35Rod Palmer I don't know if you saw that. Yeah. He's yeah. I saw that he wrote a book, about hijacking Bitcoin. He's, he's been on podcasts. He's been the center of controversy. People are calling him a scammer, and he's bringing he's bringing big blocks back into the conversation just as a time when when fees are high and, that the black,

46:55Rod Palmer champion of all time, Curt Wright, has kind of kind of retreated out of the space. They'd see how they call him Bitcoin Jesus. And what does he do? He's he's he's right. He's been resurrected.

47:10Richard Greaser Yeah. I mean, there there's different views on on what's going on for him. So, like, some of the BSV shells have given up on Craig Wright and are moving over to Bitcoin Cash. And they're they're saying that Roger, there there's there's kinda two denominations over there in the Bitcoin SV world. There there's the one that says that he was spending forty days in the desert,

47:34Richard Greaser you know, fasting and preparing to be crucified. And then there there's the, the other side of the like, the other fork

47:45Richard Greaser of of this community which believes that he has been resurrected, and he's he's come back to, to save Bitcoin.

47:56Rod Palmer I I think that, the reason or part of the reason behind that is just those forks are really they're very religious

48:08Rod Palmer about Satoshi and about the early OGs who discovered Bitcoin and what they their original vision for the project was. And I think that they are kinda waiting for a messiah to save them, and they and they think that Roger is that messiah.

48:29Richard Greaser Yeah. It's kind of an interesting phenomenon to watch. It's it's definitely a developing story you should keep your eye on. There's probably gonna be a documentary on these groups someday in the same way there have been for, you know, other, you know, religious groups that are eccentric. But,

48:47Richard Greaser yeah, I mean, like, we we know the the true the true deity to worship is NGU.

48:54Rod Palmer Right. And That is that is that is that is how you know that Bitcoin is winning, is NGU. People focus on Roger Verwer in his insistence that they blocks in Bitcoin Cash or the know the future. They they focus on what Satoshi wanted they focus on what these personalities

49:16Rod Palmer want but sometimes even the most early Bitcoiners and or the people who are following Satoshi's vision they they flunk off in the price basis the token is all of its value That's that

49:30Rod Palmer that's not that's NGU. That's the opposite of NGU. That's number go down, and that's that's like the devil.

49:37Richard Greaser Well, this this is what Roger gets all wrong. It's like, he he really thinks that Bitcoin is a payment system, like Visa. Like, he thinks Bitcoin is Visa when when in reality, like, the only thing that matters is NGU. And I don't know if he's, like, if he thinks he's Bitcoin Jesus or or what the deal he is here, but,

50:01Rod Palmer yeah. Yeah. I mean, it's it's everybody learned in in in 2017 that, one of the reasons that Bitcoin is so valuable is because it is hard to change. And I think that Roger learned, you know, maybe the story of Bitcoin Cash isn't that it's hard to change Bitcoin,

50:20Rod Palmer but that it's, you know, you don't change Bitcoin. Bitcoin changes you. And Roger warned that if Bitcoin changes, there's nothing you can do about it. It by becoming a Bitcoiner, you might become, like, a crazy BSV type person. You might end up believing Roger Ver or Calvin Iyer or Craig Wright. That's a risk you take.

50:44Richard Greaser Well, I I think it's it's important not to, like, be crass and, like, really real, call them, crazy religious folks. Like, I I know they're a little bit eccentric, but, like, because we believe in the first amendment, we believe in freedom of compliance as well as freedom of religion, like,

51:04Richard Greaser hats off to them as long as they're not hurting anybody else. Like, I would I would encourage that community to use less mean tweets because, mean tweets definitely do cause harm.

51:18Rod Palmer But other than that, they're okay. Yeah. Yeah. I should apologize. I will try to do better. I was a little bit in a in a in a emotional heated, conversation. I don't mean to use those ableist terms. I think that I agree with what you said.

51:35Richard Greaser Yeah. I appreciate you saying that. It's a very, like, masculine trait. Typically, like, people who aren't on the carnivore diet can't admit, when they use insensitive language. Like, it takes Right. A lot of testosterone

51:54Richard Greaser in a man to say I was wrong there and I was mean. And, like, this is we we see this on Bitcoin Twitter is is people don't have the testosterone to fess up when they're wrong.

52:07Rod Palmer Right. One of the things you learn when you're, a carnivore and you do heavy lifting and you're very masculine and you and you and you value that alpha lifestyle is you learn the value of self discipline. You have to be the person that disciplines yourself

52:25Rod Palmer to make yourself resist by time preference desires and to self censor and to think about the words and the language you use and how it affects

52:38Rod Palmer other people and it needs extra in your community. And I think that there yeah. If you don't eat nothing but meat and worked out and value masculinity, it could be very difficult for you to to police yourself and police your language. But the stronger you become, the easier it is.

52:56Richard Greaser Yeah. I mean, it's about being a warrior philosopher like Robert Breedlove. If you're not spending twenty hours a day in a cold plunge, you're not working hard enough to need that amount of time in recovery in a cold plunge. Right. Right. Exactly.

53:14Rod Palmer Exactly.

53:16Richard Greaser But, yeah, I mean, to give Roger the benefit of the doubt, like, I would I would definitely take him seriously if we see Netanyahu, beg Joe Biden to crucify him.

53:35Richard Greaser In that case, I would say there might be a chance that Roger is like the Messiah. If he gets crucified and then if he resurrects, I would I would give him the benefit of the doubt. But but I you know, you in this industry, just like everything is vaporware, until it's not, until,

54:02Richard Greaser there's an actual product. Like, you look like, how many products have we seen advertised at Bitcoin Magazine's conference that never never come to fruition? Like, you remember Impervious AI and Synonym?

54:16Rod Palmer Right. Yeah. Exactly. Taproot Assets. Oro is what it was known. Warthin Lightning. There's just a lot of promises out there, but, big big claims require big evidence. So I have to say about that.

54:33Richard Greaser Yeah. 100%. Well, I think it's a good point to to wrap up with the fountain boost.

54:43Rod Palmer Yeah. That sounds good. Let's check those out.

54:49Richard Greaser I I I feel like I asked John what he meant with this, with this boost, And I still I don't remember what he said. I might not have asked him. But he said, Tipper Gore would be very proud of you. Oh, yeah. Yeah. Yeah. Yeah. Yeah. Proud to turn the

55:06Rod Palmer Mhmm. We will what is the TMRC? That's the Parents Music Resource Center that was, in in regards to having content labels, like

55:19Rod Palmer parental advisory warnings on art and how, by using these censorship, warning labels on music we were able to create compliant art and we've seen just a huge boost and boom

55:35Rod Palmer to the, to the recording industry, to the music industry once people had to find art, like the NGU in in the record label industry, it it just went air ball.

55:46Richard Greaser So I've I've been thinking about this, of how how full it would be to have a a female producer of the show, to help us out.

56:01Rod Palmer That would be huge. It that'd be huge.

56:04Richard Greaser But yeah. I mean, we we could look at her and and tell her to to fact check these things when, we're reading the fountain boost that need to get fact checked, and we need we need the sources on stuff. So I just looked up I had to look up the source myself. I'd like, I do this for journalism, for my articles, but it's it's difficult to do live on a on a podcast. But Tipper Gore was Al Gore Al Gore's wife. She was the wife she was the wife of the man that created the Internet.

56:36Rod Palmer Right. That's the prophetic. Right? That she knew the compliance was gonna be the catalyst for NGU and her husband is the one that invented the internet the greatest tool

56:51Rod Palmer to ever, coordinate compliance that the world has ever seen.

56:57Richard Greaser Yeah. Yeah. It it's nice to have luminaries. It it feels like it was a a trivia question that could be made out of this.

57:06Rod Palmer Oh, absolutely.

57:08Richard Greaser Well, thanks for your, support, John. Do you wanna get the next one?

57:14Rod Palmer Here we got, from Lincoln Park rules. Amazing work, it can rot. I catch the people every week after I'm done watching Mad Dog, Mad Owl on MSNBC. Love her work. Excellent journalist. I would tell the ground.

57:30Rod Palmer We realize that OpenSats has started a cold card reparations fund for those lost Bitcoin due to low entropy dice rolling. Oh, I didn't hear about this. You know anything about this, Richard? But, anyways, 11,111 sets of bags of dicks. Thought it was fitting.

57:52Richard Greaser It's very generous, Boost, and, appreciate the kind words. I think, you know, OpenSats could be used for a lot of lot of great things for, companies that, are noncompliant

58:07Richard Greaser and and cause harm to their users.

58:10Rod Palmer Yeah. It it's it's that's what happens when you use a a solution inside open source. Open source usually means noncompliant, or at least if if it does if it doesn't, you don't know.

58:22Richard Greaser So, like, that's the thing that's interesting about Coldcard. So, you know, if MVK is listening, we'd encourage you to go fully closed source. Like, their code is viewable, but you can't It's not free and open source, so you can't copy and paste it into your own competing product. But it would be better if it was closed source because closed source devices are less vulnerable because their code isn't viewed as much. Right. Right. Exactly. Exactly.

58:53Rod Palmer The the less the less people can see your code, the less likely it is that, it could be exploited by hackers.

59:01Richard Greaser Yeah. And that's why it'd be interesting to see, like, Bitcoin eventually take a closed source.

59:08Rod Palmer Yeah. I mean, exactly. You don't want your code exposed. You don't want your funds vulnerable to hackers. If the only people that know your code and the only people that are you're vulnerable to are the developers of that protocol or the developers of that product themselves and that's I mean, would you rather be exposed to a billion hackers and people being able to see your code or would you rather only be exposed in secret to the the company's developers? Because they're they're way less likely to to rug pull you.

59:38Richard Greaser Well, there there's market incentives to prevent them from rug pulling you. Right. Exactly. One of the big ones is if they're compliant, they get in trouble if they rep pull you.

59:50Rod Palmer Exactly.

59:52Richard Greaser Well, yeah. Thanks for the, the previous Linkin Park rules. He he has helped, me try to figure out how to work the podcasting stuff on the typewriter, and it's been very helpful. Wow. Look look at this name of this next one. Compliant Banana boosted 9,000 sats and said,

1:00:16Richard Greaser I just wanna say thanks for bringing the most actionable information that helps me stay compliant day to day. I would like to ask if you'd ever cover subjects of CoinJoin and which of them are the greatest affinity with NGU as well as being KYC friendly and which ones are toxic and should be avoided. Introduction?

1:00:38Rod Palmer I think the best coin join is a Bitcoin meetup. Bitcoiners joining together. That's the most compliant, coin join out there. Absolutely. Or, you know, if you if you've got coins that are you maybe you've got them peer to peer, maybe you've got them from BISK or

1:00:58Rod Palmer or some other non maybe you're mining, some other non KYC non compliant manner, you can send those to your your favorite custodian, you can send them to your favorite custodial wallet, and then you can join those, those Bitcoin together. And then you can now now they're on they're on track to be recorded and and surveilled by the IRS so you don't on accident,

1:01:21Rod Palmer you know, through no fault of your own, not paying enough taxes.

1:01:28Richard Greaser Yeah. Well, yeah. Like, I I think coin joining is okay as long as you're compliant about it because there's nothing nothing wrong with, like, experiencing financial privacy. Like, this is something the government, like, really values is people's individual privacy.

1:01:44Rod Palmer Yeah.

1:01:46Richard Greaser But, yeah, I mean, if everybody went to a Bitcoin meetup so there's, like, there's different there's different exchanges that let you, withdraw your $25 weekly stack off of,

1:01:60Richard Greaser the exchange like Strike or Cash App that have Lightning support. And so you could put that in a custodial Lightning wallet, go to the meetup, and then you can coin join of sorts your coins by having everybody pull out wallet or Satoshi and just pay that $25 worth of Bitcoin to the person on their right. And it just goes in a circle, and everybody ends up with different, different coins.

1:02:24Richard Greaser And so that that's probably the best way to do it. I know there's, like, there's platforms like, Wasabi and Samurai that that Coinbase has fortunately blocked any sorta

1:02:38Richard Greaser deposits from, from those, services, which is which is good because they're they're on the noncompliant side. And I think there's another one called join market, but I don't think anybody uses it. I I think Liquid has more active uses than that one, but I'm not sure.

1:02:57Rod Palmer That'd be I read that too. Yeah. Exactly. I mean, I I couldn't agree more with your thought there.

1:03:04Richard Greaser Yeah. Great name. Compliant Banana. Thanks for the boost. Oh, it's your buddy your buddies. You wanna read the next one?

1:03:11Rod Palmer Oh, yeah. We've got Orgemar. Come on down to Orgemar. Spend your compliance stacks at NGU Technology together. We could save the world. Oh, yeah. I mean, loyal listeners. OrangeMarr, we could use your support in, in helping re break clients. So we hope you're listening out. You you stay listening. And if you haven't checked out OrangeMarrket, I mean, the ad right there says it all, suspend your compliance stacks of NG technology.

1:03:38Richard Greaser So so they're they're in a video game called Rust.

1:03:43Rod Palmer Which is the best programming language.

1:03:46Richard Greaser Yeah. No. Brains uses Rust. There's a lot of different, like I don't know why Jimmy Song doesn't use Rust. He should. But there's this video game called Rust. It seems like it's a survival game. Right?

1:04:04Richard Greaser Yeah. Kinda like a so they run they run a compliant a KYC store in in an apocalyptic world where you're, like, trying to stay alone.

1:04:17Rod Palmer That's that that's how you know it's quality. Right? It's the end of the world, zombies, apocalypse, like, and you can still find time in that situation to comply. You can find time in your current life to comply.

1:04:32Richard Greaser Wow. That's impressive. Oh, shout out to Orange Mart. I got the next one. So I I kinda had a back and forth with fundamentals. I get I guess I should do this more often. I should respond on fountain, but, Fundamental says, really important work. I educate myself to listen to it. Glad, I did because I'm a lot more bullish on NGU.

1:04:55Richard Greaser I forgot about this. So we updated the terms of service for the episode, required That's right. Our listeners to KYC before continuing on.

1:05:08Rod Palmer Glad for fundamentals to remind us to do that.

1:05:12Richard Greaser Yeah. Thanks for KYCing. It it's kinda hard for us to, like, force our listeners to be compliant, from our end, but we're we're using an honor system until we can come up with something better. Maybe in the future, we'll have a exclusive RSS feed for KYC

1:05:29Rod Palmer KYC individuals. Yeah. We'll just just remember that anytime you pay YC to a platform, to a podcast, to a company, you are doing it to benefit that company. I mean, they they get more they get your data, they get your profile, they get be able to comply with the government. So in the same way that it's sending us cigarette money is helping support your favorite podcast, KYC, which your favorite podcast is another way of showing your support and helping them achieve and to you.

1:05:59Richard Greaser Yeah. I I know a lot of Bitcoiners like to hate on KYC, which is unfortunate.

1:06:06Rod Palmer But,

1:06:08Richard Greaser like, one of the beautiful things about KYC is that hackers get that information and then, are able to boost

1:06:18Richard Greaser the GDPs of different struggling economies and and developing countries in the global South. And so, your hacked data, like, if it if it gets hacked, which it usually doesn't because the companies,

1:06:34Richard Greaser collecting the data are very good with it and and are compliant. But if it does, it it's boosting the world g GDP. You just you just have to make sure, like I mean, nobody asks you maybe the IRS, but they're they're a secure database. But nobody asks you to submit your private keys as part of KYC.

1:06:56Richard Greaser Yeah. So that that shouldn't impact it. Exactly. Just just in the same way

1:07:01Rod Palmer that lost Bitcoin, is a benefit, is a gift to the rest of the huddlers. Lost privacy is a boost to the GDP of the world. It helps NGU.

1:07:15Richard Greaser Yeah. I'm gonna blast through, the last two real quick. Pies says, only listened to the intro so far and love it. Thank you, gentlemen.

1:07:26Rod Palmer As well as jump in real quick with that one and just say that one of the things we learned in journalism school is that the most important aspect or the most important job, primary focus of a journalist is to make money for advertisers. Mhmm. And so, you know, we created a podcast that people they make sure they check it out. They wanna listen to the ads. They wanna listen to the sponsors and their message. And I think that that's one of the best ways as journalists, that we've succeeded. So thank you, Pies, and thank you to those people who who tune in to hear the sponsored content.

1:07:59Richard Greaser Yeah. And if you KYC, you can listen past the intro next time. That's a great point. Thanks, Rob. Tn Stacker boosted a 100 sats, said love, love, love. Well, thanks, Tn Stacker.

1:08:17Rod Palmer Love to hear from the fans.

1:08:20Richard Greaser Yeah. Love to hear from the fans. We we welcome we welcome hate mail as well. And, unfortunately, we haven't gotten a ton of hate mail. But when if and when we do, I'll make sure to read it on the show for you guys. But, yeah. Do you have any do you have any final thoughts for today?

1:08:39Rod Palmer I think the only thing I wanted to say was, yesterday was 04:20, and, I personally enjoy it, you know, have a CBD gummy and I enjoy CBD because it's safe, regulated, and compliant and it's the same as that for custodial lightning wallets which is to give you the peace of mind in knowing that not only am I safe and I'm using a safe regulated compliant product It's made by Bitcoiners, that it makes the cost of using Bitcoin cheaper as well. And so you did, you know, like, a double benefit. So I hope that everybody out there was able to enjoy $4.20 as well in a compliant, safe, and regulated manner.

1:09:16Richard Greaser Yeah. And and for the Bitcoiners living in jurisdictions where, celebrating $4.20 is, is illegal, fortunately, there's substances like tobacco and alcohol to substitute.

1:09:30Rod Palmer Exactly. They're not they're all perfect, but they're they're decent. They're decent substitutes.

1:09:35Richard Greaser Yeah. Especially the alcohol part.

1:09:37Rod Palmer I need the help. Yeah. I need the help. You're looking for a wife, looking for a partner, or you're looking to enhance the relationship you're already in, nothing helps relationships, better than than consuming alcohol.

1:09:51Richard Greaser I mean, alcohol has been used as a disinfectant throughout all of human history, And when which is great. Like, it it disinfects when you drink it, it disinfects you from all sorts of things, like toxicity, like,

1:10:09Rod Palmer Did they let her, like, anti toxicity there?

1:10:12Richard Greaser Yeah. If you're if you're in a, like, morally compromised state, alcohol is, like, a really good way to deal with that.

1:10:21Rod Palmer Exactly. If you don't have access to, regulated pharmaceutical drugs, the psychiatrist or or regulated doctors, they could prescribe you, you can use out you can medicate yourself with alcohol and and solve most of your problems. It's what they call, you know, grandpa's old off medicine, a shot of whiskey.

1:10:40Richard Greaser Yeah. I mean, that's that's also a good point is that psychiatrists, they're they're great for helping you through a situation if you're in a more early compromised state as well. Right. Yeah. If you have mental mental illness,

1:10:56Rod Palmer and the only hope that you have, repairing that mental illness is NGU, you can use alcohol in the meantime.

1:11:02Richard Greaser Yeah. But just remember, folks, NGU is the most powerful, antidepressant, antipsychotic, just mood stabilizing

1:11:14Richard Greaser technology in the world. It's incredible.

1:11:16Rod Palmer It's the only one you don't need to use in moderation.

1:11:20Richard Greaser No. You you need to like, this is the thing that, like, I really struggle with Odell. Like, there's two things I struggle with him on. One, that he's not a woman, and two, that he wants people to stay humble. Like, it is not time to stay humble. We're in a bull market. We need to get Bitcoin above a 100 k, and then we just need to keep on pumping it up into infinity, and then we'll be rich, and then everything will be better. Yeah. Yes. The worst advice I can give you anybody can give you is to stay humble in a bull market. That's that's the last time you wanna stay humble, folks. A 100%. Well,

1:12:01Richard Greaser I think the the my last thing I'll say, are are you are you calling the d plus plus and shinobi are gonna be a, a package anytime soon?

1:12:14Rod Palmer I think making them into reality. I think that, if the market wants it, if the people want it, the content will be made. The content will be created. You know, I think that that would be an incredible piece of content. It

1:12:30Richard Greaser it sounds like there should be some sort of poll to ask the people if they wanna see it or not.

1:12:38Rod Palmer We'll have to post that.

1:12:40Richard Greaser Yeah. Well, thanks for tuning in to the show this week. Make sure to, share it far and wide. Help help your friends and family members to realize the the errors of all the noise that they're listening to. Turn off, what Bitcoin did. Turn off, TFTC, turn off,

1:13:00Richard Greaser the Canadian Bitcoin podcast or what whatever you're listening to and tune in to, the Bugle Weekly.

1:13:08Kailey Welch Thanks for listening to the Bugle Weekly podcast. On this week's groundbreaking episode of the podcast, Rod and Dick discussed the influencer super cycle, compliant masculinity, El Salvador's major wins with compliance, and the fountain boosts. The Bugle Weekly could be a great place for the hosts to help find different individuals working in the industry, girlfriends.

1:13:31Kailey Welch Make sure to share this episode far and wide. Our podcast has the most potential of all Bitcoin podcasts to actually accomplish NGU. We are real journalists, by the way, who have the ability to cut through the noise and misinformation. Make sure to primarily use our superior facts, and let the bugle do the thinking for you. We will see you all next week. Thanks for tuning

1:13:55Unknown in. The bugle is easily the most important journalistic institution around today. They make up literally everything they write, and yet it is somehow all true.

1:14:04Unknown Now you all better let the bugle do the thinking for you. Life is too damn hard to do all the thinking yourself.