Transcript
Transcript: The Intellectual Silk Road | Bugle Weekly Episode 13
0:01Unknown In the dark, they will light the way. Through the noise, they clear the day. Such a fact, they brave the storm. Shield us for lies
1:00Unknown Listen to the full song at the end of the episode or check out the Wave Lake link in the show notes.
1:09Unknown We need a new place. A place where you can talk about whatever you want. A place that's not just a website. A decentralized, non compliant marketplace for ideas where the protocol is built on game theory, and where that protocol follows one simple axiom,
1:26Unknown which is that SATs don't care about your feelings, a place where you can safely say the words crypto or custodial without getting canceled and without being exiled from the value for value economy. What if I told you it already exists? What if I told you someone finally answered the famous question, who will build the roads?
1:47Unknown What if I told you we've already started the intellectual silk road? Join us.
1:56Unknown Last week on Bugle Weekly, Rod and Richard celebrate Mexico electing their first female president, Claudia Sheinbaum, and discussed civil month appliance gone too far, resulting in nearly 40 political assassinations during the Mexican election cycle. They report on the sophisticated on chain assassination markets prevalent in Mexico and the implications of on chain assassination markets coming to The US. Next, Rod and Richard cover the Buell's compliance pride tournament, analyze surprising performances, and recognize rising stars from the HR departments across the Bitcoin industry.
2:29Unknown And finally, they lay out the case for why the duple is writing history and recording Bitcoin's victory over fiat money on the ledger of human history. Now get ready for another week of the hardest hitting credential journalism, where game theory informs every story.
2:47Unknown You are listening to the Bugle Weekly, the most thermodynamically sound podcast in the game. Here are your hosts, Rod Palmer and Dick Greaser.
2:59Dick Greaser Alright, everybody. Welcome to this edition of the Bugle Weekly podcast, the premier journalistic premier credential journalist podcast. How you doing, Ron?
3:11Rod Palmer Doing well. I it doesn't hold well that sometimes, you know, it's years and nothing happens. Sometimes it's weeks or days and years happen. That's just how it feels like my perspective, being a a Bitcoiner this past week is so much news. So many Bitcoiners already won. People are finding out much quicker than I anticipated. Yeah. I mean, it's really shocking. This is this is what part Parker Lewis had promised us. This is the, the suddenly phase Right. That we're in. That's what it feels like. It feels it's hard to keep up with. Yeah. I mean, when
3:44Dick Greaser when the world's intelligence agencies are operating on a Bitcoin standard and all these geopolitical fights are happening
3:53Unknown over
3:55Dick Greaser trying to get different countries Bitcoin to conquer each other, that's when Bitcoin has really solidified its W. And we
4:08Dick Greaser it probably sounds boring and repetitive for the listeners to to hear us say this every week. But the reason why we say it over and over again is just we're living in a scenario where the majority of the world hasn't figured it out yet. And when
4:25Unknown like,
4:26Dick Greaser when Joe Biden won the last election, it was very important for the media to say over and over again that he won it over and over and over and over again, You know, just to split by it in, the eyes of the American people.
4:44Rod Palmer Yeah. It's just this repetitive. You say something is true over and over again, and now you say it enough, it becomes it becomes true, becomes a reality. If you take speculation, you just repeat it as fact, eventually, it becomes fact in everybody's mind. And that's how you win. You create new truth, and you create that story, and you just tell it, and you stick to the story. Yeah. It's definitely something that they teach you in journalistic school.
5:14Dick Greaser But, yeah, like you said, it it feels like weeks are happening in days and, years are happening in weeks as far as the amount of change that is happening right now, the the news stories that are coming. It's it's kinda overwhelming, and and it makes doing a show like this difficult to pack everything in. Because even as we're talking now, I already wanna get completely derailed, off our agenda that we just wrote.
5:43Dick Greaser But, yeah, I mean, I I think one of the pressing issues right now is that America, with with Bitcoiners winning so,
5:57Dick Greaser convincingly right now, we're really exposing ourselves for some sort of false flag from the CIA, which is something I'm concerned about.
6:06Rod Palmer Yeah. If you think about it, like, things are just going so well. Like, if you look at your timeline on social media the past few couple of weeks, what have you seen? You've seen pictures of people. You've been making selfies with influencers at conferences. There has never been better time to go to a Bitcoin conference and take a selfie with your favorite podcaster. And it's like, there's one all over in the different part of the world every week. You got Bitcoin to land. It's Bitcoin in Austin, Texas. You've got it in bit BTC Prague. You've got all these podcasts, podcasters at all these conferences. It's the same people. They're going to every single one that's traveling the world. Bitcoin Hong Kong. And just you could take a selfie with them. Everybody looks so happy. Everybody's hair is, like, freshly. Their tips are frosted. It's dyed. It's they're wearing their best outfits, the newest outfits. It's like a fashion show. Best Beat Bitcoin t shirts at these conferences. Stuff you've never seen before.
6:59Rod Palmer And it's like everybody's so happy, and we have such a healthy, vibrant, and and influencer community, and there's so much signal in that. And it's it's it's just more evidence that everybody is seeing that Bitcoin has already won and you guys won. They sponsoring that with Tucker Carlson, the biggest podcast in the world. You're now outspending Pfizer in terms of, of ad spend in in the in the mainstream media. You've got different celebrities coming out. Iggy Azalea, fucking Caitlyn Jenner. The Kardashian family is now, like, getting into into crypto and Bitcoin again. And it's it's where everywhere you turn, you see it. It's there. It's not in one. And Pete, it's hitting the culture so fast that people are just,
7:43Dick Greaser oh my god. I I can't believe I doubted it. But, you know, with all of that happening, with the change happening so quickly, there's definitely individuals in government and in intelligence agencies that are not they're not very happy with it. Because, like, I know that what the CIA is probably thinking right now is, if everybody's laundering money using Bitcoin, then they don't really have any sort of advantage.
8:15Rod Palmer Yeah. Yeah. Exactly. If you looked at if you looked at Cisco company, if you think back to the .com bubble, they their value was so high, and it was just unbelievable. And it was because they were the company. Everybody thought the Internet was gonna be built on these browsers and these hardware. Then eventually, it all moved to to software, to web apps, and to social media, and these browser based cloud apps.
8:41Rod Palmer And all that value got sucked out. And it was like a whole new playing field for people who knew how to code. If you knew how to code, like, you could now become a richer than the most valuable company in the world. And that's what the government used to have. They used to have this monopoly on on money. And then Bitcoin won.
9:03Rod Palmer Now, free and open source coders can be as rich. Labs can become as rich as presidents and central bankers. And the CIA is, they were in charge of like, making sure that the styler system that they controlled was safe to be used and the most effective and valuable tool to be used around the world.
9:23Rod Palmer And now everybody's caught on to what they were doing. It was they were just laundering Bitcoin. And they were using the the mixers to wander money and they were using Bitcoin. Now anybody could do that. Now anybody could be their own central bank. They're gonna start getting KYC'd by these central banks and they're gonna be outed and they're not gonna have that advantage. And they are going to fight tooth and nail to prevent everybody from finding out that they don't deserve that advantage anymore.
9:48Dick Greaser Yeah. Well, and I think there's, you know, there there's probably, you know, multiple perspectives of of either they want to keep Bitcoin kind of like a small fringe thing that makes it easier for them to funnel what seems like compliant funds. So when Congress passes a bill sending money to Ukraine and everything looks appropriate on the surface,
10:16Dick Greaser Bitcoin gives them that kind of, like I mean, it gives them that ability to send money across the world non compliantly into politician's non KYC stacks. And
10:29Dick Greaser the politicians are probably feeling insecure right now. Like, I know, like, my Mike Pompeo, for example, he probably doesn't have 6.15 Bitcoin yet.
10:43Rod Palmer That's a bit interesting. Yeah.
10:46Dick Greaser And so that's probably why these agents you know, part of the part of their disdain, you know, for what's happening right now has to do with the fact that their stacks aren't aren't big enough yet. They need a little bit more time to launder some more money. Part of it too is, you know, we we might be taking, you know, some lucrative, channels away from them
11:11Dick Greaser because if the entire world lives on a Bitcoin standard, they can't they just can't print money to acquire Bitcoin like they are right now. That's a good point. Yeah. The you see the interest rates going up, but it's just
11:21Rod Palmer it's the market the arbitrage was closing. And the the market is getting more and more efficient, and that is it's really arming the Cantillon area. Yeah.
11:33Dick Greaser Well, on to our first topic of the show, so you introduced me to this idea called the intellectual silk road. Do you wanna talk a little bit about what that is?
11:47Rod Palmer Right. Right. The intellectually you may have heard of the intellectual Silk Road's forefather. It's inspiration. It's called the intellectual dark web. That was Joe Rogan,
12:01Rod Palmer Ed Shapiro, Dave Rubin, Jordan Peterson, doctor, Christina Hoff Sommers. There was a few others. I think you probably remember that. Eric Weinstein,
12:14Rod Palmer the mathematician who, was interviewed by Robert Breedlove and who said that Bitcoin didn't work because of some sort of gauge theory. Really interesting stuff. He was wrong, but he was very, very smart otherwise. He was now this new intellectual silk road, and it's anybody who works in the Bitcoin community,
12:36Rod Palmer in the industry, is embedded in the culture, He's sick and tired of being compliant. They wanna be non compliant, but they're worried that if they share their non compliant ideas, they'll lose out on their value for value community. This intellectual silk road is peer to peer, intellectual
12:55Rod Palmer information exchange, value for value network of podcasts, influencers, thinkers, liners. Just add general, any value you can provide. Coming together and showing that you can defect from PodCom, defect from a compliant timeline onto a noncompliant timeline and still have network, a connection, people supporting it. Yeah.
13:21Dick Greaser Yeah. I mean, it's a it's a very important concept that, you know, I'm glad that you shared with me. And I I think, it's important to have this intellectual silk road to to allow for people to defect and leave Podkoff to be able to contribute all their different skill sets,
13:44Dick Greaser to be able to resist the domination of narratives and essentially hoisting interest on the plants that are not really serving them very well.
13:58Rod Palmer Yeah. It's good to know that you won't if you are really good at making memes or you're really good at making content, or you're really good at being a coder, a free and open source coder, and you you make a meme, or you code an app, or you say something that Hotcuff doesn't like, and you won't lose followers. You won't lose
14:20Dick Greaser revenue. Well, Elon Musk did something very important for for the, the intellectual Silk Road this week, which was to make likes private on all our posts.
14:35Rod Palmer Right. To his credit, he understood. You are not going to be able to signal other content creators and other influencers that you agree with their, non compliant opinions and their non compliant posts. If everybody else can see that you liked it. So he made likes private so you could shout the bugle. For example, that you think our content is funny and valuable,
15:01Rod Palmer and that you are also noncompliant,
15:03Dick Greaser and your boss won't find out. Yeah. I mean, he he did something great for us, which Well, I mean, it's kind of like a double edged sword, you know, because there there's definitely trade offs in this scenario. So there's it the trade off of it now being safe to like Bugle Post because like I know a lot of people were afraid to like it because, you know, anytime, you really support the real journalists, the non CIA controlled ones, you know, and and and the credentialed integrity filled ones like us,
15:37Dick Greaser You know, Podkoff was checking who liked tweets, and there could be repercussions like you like you said before. You know, employers, you know, that were part of the PodConf
15:52Dick Greaser industrial complex definitely would reprimand individuals liking unapproved tweets. And that was not the case. But
16:03Dick Greaser the other side of it that is really concerning is this has made the cost of launching civil attacks against Bitcoiners a lot lower, as now things can
16:17Dick Greaser be swayed. So maybe, like, say, for example, Dan Held posts another plug's tweet, and it goes and it gets a million likes. How can you verify that 99%
16:33Dick Greaser of those are not bot accounts?
16:36Rod Palmer Right. Right. Like, if Dan Held steals a meme and pays a $100 for 10,000 likes, people are gonna see that meme and it has more likes than the pleb who created it. And they're gonna think, wow. Well, longest chain, according to Satoshi, that's the most proof of work. That's the most evidence. That's the right the owner of that meme. Daniel will get the credit for it. How do you know that those likes were from real people and not bots? There's there's no way of knowing now. And it's just one of those unfortunate
17:05Dick Greaser downsides of of what the battleground which, you know, Twitter is, where I I don't know. I mean, it like, I think it's a win for us, you know, as a news organization in some ways because it, you know, Twitter has become a safer place for us. But at the same time, there's
17:28Dick Greaser now there's real no no real guarantee that that Podkoff isn't gonna abuse this, you know, which probably isn't good for us. Because if if, like, Podkoff is out there promoting CIA controlled uncredentialed
17:45Dick Greaser influencers, and they're they're boosting their engagement, and and nobody could can verify it, because they can't see who's liking the tweet. How many how many, you know, accounts
17:59Dick Greaser with a cute girl and and one follower are liking the tweets.
18:04Rod Palmer Yeah. I mean, it it's it's sad that the people who truly are non compliant and truly have a non compliant hatecoiner's heart, that they needed the privacy to to communicate that to the right people. Well, maybe that will help people learn, like, just to to be more
18:24Rod Palmer to be more present or to be more aware. So the more opinions that you share that are the truth, It will be harder for the CIA to use fake bot accounts to, like, the people that are dunking on you and your replies.
18:41Rod Palmer And maybe maybe it's time to learn that getting getting ratioed isn't a bad thing. It means you're telling the truth. That's what it means. If if you write something and the people who hate it are getting way more likes than you in the replies, that means you told the truth. That's one of the only ways you can know now. Yeah. It's,
18:58Dick Greaser I mean, the entire landscape has shifted. And it's interesting the timing that it shifted is right around this important selection process. I mean, so talking about PodConf a little bit more in-depth. So big win for them this week as
19:19Dick Greaser Bitcoin Magazine is working on a deal with the Trump campaign to achieve the status of being official state run media.
19:31Rod Palmer Huge. And in the the access and the funding and just the the credibility that it's going to give them to be state run media
19:42Rod Palmer is gonna be huge. They were gonna have they're gonna have way more credibility as a state run organization than they ever had before. Yeah. I mean, I I think, like, the
19:52Dick Greaser one of the reasons why David Bailey and the team over there wanted to do this is because they're they have they have low time preference. They're thinking about the next bear market and diversifying revenue streams and getting
20:09Dick Greaser I mean, the US government, under Donald Trump, is probably going to become one of the biggest holders of Bitcoin in the world. And so positioning themselves to get paid by the people who are gonna be the biggest Bitcoin holders in the world. Right. It's a very smart move. And I
20:26Rod Palmer don't disagree with you. In fact, I think that's very logical. I think it's even simpler than that. I think that David Bailey and the staff at Bitcoin Magazine, they looked at the bugle, and they realized how important credentials were. So why did they do? Because they're a bigger organization. They've got deeper pockets. They went and they got the biggest credential that you could get, which is to get a state, like, one of those those those zip all those necklaces that goes over your your neck and you wear it at the press conference. It's your SMAS credentials. They got state press credentials. Now their
21:04Rod Palmer authority, their legitimacy, everybody in the world can see it. And they've just upgraded now people can trust them. And they and they're they're just they love new power and access to to minds that they can and they get from this this new venture.
21:21Dick Greaser Yeah. I mean, the the marriage between, you know, government and private corporation, specifically in media, it creates some pretty interesting dynamics. I mean, we can see the Bitcoin conference
21:36Dick Greaser speaker list really get interesting over the next few years. Like, imagine Anthony Fauci, you know, given a keynote address at the the next ordinals magazine conference.
21:49Unknown And
21:51Rod Palmer and then Maybe if you if you if you think about maybe the next Bitcoin conference in the next bull market four years from now, it may get so then the Bitcoin conference may become so culturally and politically important that you'd have speaker Mike Johnson, and and he's doling out the time, and people are in all the congressmen and senators from the United States government are gonna be just back to back speaking at the conference. And Dennis Pruitt is gonna be working with the speaker to dole out their time because there's gonna be so many politicians there.
22:22Rod Palmer Yeah. You know, probably that. Once they find out Bitcoin is won, where else are they gonna wanna be?
22:28Unknown Yeah.
22:29Dick Greaser Definitely. And and not only that, you know, we're gonna see Bitcoiners involved in the administration is what I think. I think though I think the cabinet's gonna be a bright orange cabinet. Yeah. I mean, let's let's talk about the cabinet, you know, maybe some predictions and and who we think would be good Bitcoiners for different roles.
22:49Rod Palmer Well, the most important of the cabinet, right, is secretary of state.
22:54Unknown Uh-huh.
22:55Rod Palmer I mean, that's that's the person that is handling American foreign policy around the world. And who better to be the secretary of state than somebody who could speak and
23:11Rod Palmer and broker peace and be that person who can reach the narrative to everybody, every every Bitcoiner and every part of the world. And I'm this is controversial, but I think it would be Peter McCormick. He wants to be the man of the Bedford, but I think I think he's got a bigger role waiting for him. Yeah. I think Peter would be a good good choice for that. I mean, he he's had a big week. He was just,
23:33Dick Greaser his company won, the the bugle compliance tournament.
23:40Rod Palmer I mean, what what better harbinger of what's to come than winning the most compliant company in Bitcoin and then earning the right to serve honorably as America's next Secretary of State? Yeah.
23:56Unknown I mean, it's just like, all you know, being in Bitcoin for a while,
24:03Dick Greaser I think most of us are just so conditioned to the idea of thinking adversarially about the world, about government. And so when like, I think a lot of Bitcoiners are still in denial around the fact that Bitcoin has won. Like, these are the things that we're gonna see. We're gonna see Peter McCourt. Like,
24:25Dick Greaser I I I think it'd be kind of a poor decision. Like, the one the one criticism I would make of that is that, you know, Peter doesn't talk like an American. He doesn't talk using proper English.
24:40Rod Palmer Right.
24:41Dick Greaser And and he has a redcoat. And I think it it is kind of treasonous almost to put somebody in a in a position that high. So I would be pretty disappointed personally if Donald Trump made Peter his choice for Secretary of State. Who would be your choice? Oh, man. Who would be my choice? I'll I'll have to think about that. I mean, I think is Samson now Canadian?
25:08Rod Palmer Yeah. Unfortunately.
25:11Dick Greaser Yeah. I mean, I I'd say Canadian a Canadian would be better than a British person, though, you know, it's almost as bad because Yeah. If you had to ask, right? If you had to ask, then other people won't know. Yeah. Who is a very,
25:29Rod Palmer very American Bitcoin? American HODL comes to mind.
25:34Unknown Wow.
25:35Dick Greaser Yeah. I I think American HODL would be probably a pretty good choice for that position.
25:40Rod Palmer I'd confirm that if I was a senator.
25:44Dick Greaser I mean, maybe maybe there was some something in in the works there because I don't I don't think American HODL is the type of guy that would just, you know, endorse Donald Trump. Did did you see that Donald Trump got the American HODL endorsement? Yeah. I I didn't think it was gonna come so quickly and so early. I mean, that that, I think, kinda calls the election. Like, I don't think there's any any chance that Joe Biden can compete with an American HODL
26:10Rod Palmer endorsement. I'm sure that's causing a lot of, like, internal conversation about how to perceive, like, maybe it's time to pull out. Some people think he's gonna pull out of the election, Joe Biden. I mean, if he does, I think it an American you know, back channel communication at American Auto has has promoted, supported Donald Trump, and endorsed him for president.
26:32Rod Palmer Possibility that American Huddl might actually be floated as somebody to serve in his cabinet. I think that just kills any momentum possibility that Biden has ever. I mean, coming up to July 4, people are gonna be very patriotic in a very patriotic spirit. And knowing that American Honorable is on Trump's team is gonna be it's gonna really speak to something inside of them. Definitely. I would I would probably put Rick from, CryptoCloaks
26:57Dick Greaser as the administrator of small businesses. I like it. I would put, Texas Slim as the secretary of agriculture.
27:10Dick Greaser I probably put well, yeah. I mean, again, Steve Barber is a stupid Canadian. So I I was considering him from, for secretary of energy, but I think Max Guillardi
27:23Rod Palmer would be a better choice because he's a I like Max, and I I I don't think Bobo should be the guy. But who's it is that miner who's got the really deep voice. The miner with the deep voice. He runs a mining company. He's got a deep voice. He goes on Peter McCormick's podcast a lot.
27:38Dick Greaser Oh, that guy from Grid.
27:42Rod Palmer Grid Energy. Harry Suddock. That guy Harry Suddock. I think Harry Suddock would be a good secretary of the energy.
27:49Unknown Yeah. Harry Suttgart probably would be a good choice. I agree.
27:55Rod Palmer Secretary of transportation? Who could be the secretary of transportation?
27:59Dick Greaser Well, I mean, there there's a lot of good candidates for it because so many Bitcoiners do so much traveling to all these different conferences all over the world. I think
28:10Rod Palmer there were I can't remember his name. Sid, the guy that he rode the Harley Davidson all across he went to every Bitcoin meetup in the country on his Harley Davidson. He might be a dark horse for, secretary of transportation. He knows he knows the interstate highway system, the bridges. He knows how to bridge Bitcoin meetups,
28:31Rod Palmer bridge the culture, bridge people from a geographic standpoint.
28:35Dick Greaser Yeah. So, I mean, you know, David Bailey's got his work ahead of him brokering this deal with Trump to make sure Bitcoiners get into, his cabinet when he gets selected in November.
28:52Rod Palmer Secretary of Defense? I mean, that's Mike Hobart. Be my choice.
28:58Dick Greaser He'd be a good one. But, you know, the interesting thing about the Secretary of Defense is that I mean, Jason Lowry would be a good choice for that as well. But True. The landscape is changing because at this point, that job more so encompasses
29:18Dick Greaser protecting the Bitcoin network and defending it from spammers, from shitcoiners, from attackers. And it becomes less about
29:32Dick Greaser invading other countries to introduce democracy.
29:36Rod Palmer And so Yeah. Yeah. I agree. They also made me think that it would be great to have a real good Bitcoiner, homeschooler type of influencer as a secretary of education. Somebody who could get
29:53Rod Palmer a Bitcoin, universal Bitcoin curriculum in every home through the Orange Hill app that people could homeschool their kids using that, you know, in Bitcoin app, something on the lightning net. Yeah. I mean, that would be that would be interesting. I wonder if the government is gonna, you know, actually
30:10Dick Greaser integrate Orange Pill app into any of their services because there's a lot of there's a lot of good info. Like, you know, Orange Pill app would make taxation, you know, really easy because they already have an elaborate list of a lot of different Bitcoiners that they know already have.
30:26Rod Palmer Imagine if you could dissociate Michael Saylor's digital ID on chain, your orange pill app, and then just send that ordinal to every Bitcoin exchange you wanted to handle all your KYC. Wait. Wait. Wait. That's his orange pill app. That's who he is. He's also a customer on on on River. He's also a customer on Strike, on Swamp,
30:49Dick Greaser Cash App. Yeah. I mean, that's one of the problems with, you know, sitting sitting in a government situate you know, position is all the information is so segmented all over the place. There isn't a single single point to to go and reference the KYC data that I know. Maybe they maybe they kinda, they
31:12Dick Greaser they do calls to all these databases, you know, to to pull the the seg segregated information and put it in one place.
31:21Rod Palmer Right. I mean that is that's that's where they got the idea calling the Segwit or soft fork segregated witness because that's what the that's what was the reason we had nine eleven Is the FBI, the CIA, the NSA, they all have this information about people, about the citizens, about terrorists, about their plans. Like the the witness is that data. So that witness gives testimony to that person's actions. But we had nine eleven because all these all these different bureaucracies, their data, their witness was segregated.
31:54Rod Palmer Now you can combine that onto the blockchain, and now you don't you no longer have this segregation of data. You can connect it with a hash. Super useful. Well, you know, speaking of, like, the government having all the data on everybody, so something
32:09Dick Greaser and this kind of makes me think of the the topic of, you know, CIA false flags. The congress voted to automatically enroll everybody in the selective service, this week.
32:26Rod Palmer That was a big announcement. And I just one of the things that, you know, I you'd look at to determine that Bitcoin is already one is what is Bitcoin fixing in in our economy and in our society?
32:44Rod Palmer We used to, if we had to go to war, we had to defend democracy. Everybody who lived in that democracy would have to fill out a card and send it in. Government would say, alright, we've got this guy's information. If we have to have a war, we know who to call. Who's right? Who's down to defend democracy with us? They've let us know. They've signaled to us who they're down to defend democracy. But because of Bitcoin, everybody's
33:09Rod Palmer wanted to buy Bitcoin. You know, the only people who really buy Bitcoin are the alpha males, the the men who can fight war and win. They already buy Bitcoin. We have their KYC information. You could just use that. We know where they live, they know how much money they have, we know how responsible and helpful now they are. Now we know based on this information that we can already just find those people who are down to defend democracy. We don't need to have them send that that in anymore. So Bitcoin is fixed. The the the act or the logistics
33:39Dick Greaser behind defending democracy. Well, I mean, the the stakes have gotten a lot higher too, you know, because as government increases their their size of their Bitcoin stack, it means that there there's more of something to defend. Whereas before, it wasn't a big deal as big of a deal
34:02Dick Greaser if, you know, foreign adversary came in and, you know, looted and pillaged because, you know, it wasn't the world's most
34:10Rod Palmer scarce asset. And they had to be motivated and strong enough to make it to Kentucky to steal the gold.
34:18Unknown Mhmm.
34:20Rod Palmer That was pretty hard to do. But now Yeah. You could just I mean, there's a there's a lot of different ways where you could steal America's Bitcoin. Yeah. Well, you just have to steal computers.
34:33Unknown Yeah.
34:34Dick Greaser I mean, there's there's definite definitely a lot of hacking groups that are, you know, salivating at the idea of being able to get like, imagine if if and when Trump saves Social Security by, you know, going on a Bitcoin standard.
34:54Dick Greaser You know, what what happens if a North Korean hacker guru goes in and drains America's social security funds? Like, how how detrimental would that be for the country?
35:06Rod Palmer It would be huge problem but I think that would be enough to get consensus from the from the people in The United States that it was time to go to war with North Korea and finally give them democracy.
35:23Unknown Mhmm.
35:25Dick Greaser Well, maybe this is maybe this is Donald Trump's angle about wanting all the Bitcoin
35:32Rod Palmer created. United States. Yeah. Yeah.
35:34Dick Greaser So, I mean, if if America controls all the mining, that means they could, you know, potentially do a chain rollback. Right?
35:43Rod Palmer Right. Yeah. So they could re yeah. If The United States could trouble mining, we could trouble the hash rate. That way, if it ever got hacked by China, Russia, you know, even the even in The United States, if if if a rival political enemy were to, you know, win an election and get access to the Bitcoin, if the miners
36:03Rod Palmer had signaled and the Ashford was in, it backed the rightful candidate. The candidate who who was is true, has the most proof of work. And it could just reallivize the chain and reset all those transactions that somebody used to steal. Any transaction where they tried to spend it, and it would you have control over the the rightful American leader, the rightful American democratically elected government. Mhmm.
36:28Dick Greaser Yeah. I mean, it it seems like it it could be, you know, a very defensive move on him by by Donald Trump for, for wanting something like this. Like, he probably wants all the Bitcoin created in The US because as we all know, Bitcoin mining balances the grid.
36:46Rod Palmer And I think that we have the most balanced grid. Yeah.
36:49Dick Greaser Well, I think it not only would does Bitcoin mining balance the grid, I think it's the only thing thing that balances the grid. I think that, you know, without Bitcoin mining, the grid is super in balance.
37:01Rod Palmer Right. Exactly. Exactly. The windows, they they just sit there. They they don't spin. The the solar panels, they just they don't turn them on because the the grid is so unbalanced if they just have to rely on coral. And now, if they got Bitcoin, you can
37:19Rod Palmer now fix climate change with balance. And The United States could lead the charge. United States can fix the climate for the rest of the world who doesn't want seem to be committed to it. No. They they don't care about
37:32Dick Greaser they don't care about the climate because they don't have Bitcoin. Like, Bitcoin Right. Like, most people most people don't have the luxury of caring about the climate. Right? Like, it it's kind of like a double edged sword of, like Right. You need to care about the climate, but you don't at the same time. It's
37:53Rod Palmer it's because you can't afford to. If you still use a fee on it, it's because you can't save, a Bitcoin. And if you can't save, and you don't care about long or, you know, low time preference things, you only care about high time preference things. So by being able to a little bit about what you have at UN, you immediately have low time preference. That lets you start to think and solve long term problem. Yeah.
38:17Unknown So I mean,
38:18Dick Greaser you know, I think Bitcoin mining is a strangely it's kind of a strange thing to say given today's political environment. But I think if it wasn't for Dennis Porter's hard work, Bitcoin mining in The US probably would have been banned at some point.
38:37Rod Palmer Right. I mean, Dennis just got I'll lead a bill through the Oklahoma Congress. And the bill encourages minors
38:46Rod Palmer to come to Oklahoma. That's really all it does. It just says, we need the state of Oklahoma to encourage minors to come here. But Dennis knows that if you just create a bunch of meaningless, low effort, nonbinding, official legislative policies, and you just pepper the books with these nonbinding, meaningless policies, eventually, you've civil attacked
39:08Rod Palmer legal code. And now the judges, they go, everybody likes this, so I'll just make this legal. Yeah.
39:14Dick Greaser Yeah. Definitely. Well, it it's good to see the military acting proactively to to protect the US government's, Bitcoin stack. I I think that's pretty hopeful.
39:31Rod Palmer Wanna give it a call. Makes me feel safer. Makes me feel safe at night.
39:34Dick Greaser Yeah. I I definitely feel safer as a result of that. Yeah. I I wanna give Peter, you know, the credit where credit's due. Like, he did win his company did win the compliance tournament, which is a pretty, you know, massive credential. How many there's only two people in the world that can say that they won
39:58Dick Greaser a bugle election.
39:60Rod Palmer Yeah. Yellow and Peter. Both Europeans, coincidentally.
40:03Dick Greaser Oh, man. I didn't even think about that. That's kinda interesting, actually.
40:09Rod Palmer Maybe they maybe Europe is is a community there is a little undervalued. DTC Pride would like a great time. Looks like they're winning over there. Maybe we were wrong. We made fun of them too much.
40:22Dick Greaser Yeah. Well, I mean, we're we're in a race with with Europe because, you know, the we want North America to have more Bitcoin than Europe at the end of the day because we we wanna be able to dominate them in the same way we have since World War II. We want to control their policy. We want to, station troops in all their countries to protect their Bitcoin. We want to
40:48Dick Greaser we, the people voting in this democracy and upholding the Constitution and holding the,
40:59Dick Greaser at times, non compliant government accountable. We we are the ones essentially, you know, dominating Europe right now. And It's a great perspective. You and me, we're dominating Europe
41:16Dick Greaser democratically. And and that's the thing that's important. You know, when you look at The United States' actions in other countries and the way that they meddle and and and control things, you know, it's it's being done democratically. And that's the thing that's important to to understand is because most of these other countries that are being dominated, you know, they're dictatorships or or, you know, they're not
41:38Dick Greaser democratic like The United States is. They're it's not a constitutional republic. And so therefore, we have the moral, you know, high ground and and imperative to go in and subjugate them for being
41:53Dick Greaser less advanced than us to in order to help them become more advanced.
41:58Rod Palmer Help them become more civilized. Mhmm. Right. It's it's a civilizing it's a civilizing force, a civilizing incentive. It's great that we, even, you know, eighty years after World War two, could still provide that. Yeah. I mean, what do you what do you think Donald Trump's
42:16Dick Greaser response to Iran will be when he gets selected in November.
42:23Rod Palmer He'll probably signal to Europe by letting them in. It's been a while since we've done something together. You guys have been doing a good job on the Bitcoin side.
42:38Rod Palmer I'm gonna reward you by letting you your your planes and bombs help us bomb Iran. It'll be like a good exercise in, like team building A little bomb I ran together with Western Europe. Uh-huh. Really great diplomatic action.
42:53Dick Greaser Yeah. Well, you know, we we kinda went off the rails as far so I'm gonna knock a a couple of these topics off our list, so we can get to the fountain boost real quick. But, did you wanna talk about the,
43:10Dick Greaser the compliance awards around the tournament?
43:14Rod Palmer Yeah. Yeah. I wanna hit two things real quick here. So we'll talk about the compliance again. And congratulations to want Bitcoin dead and Peter McCormack. He was he was very active and very, strong advocate for himself even though he had some very, tough competition. We also had the, the compliance king, and that was Brian Arrington. He did a great job leading the compliance effort to get full to the championship, to become the runner-up. And then back to Emily at, she some people call it a Caitlin Clark of compliance, and she got Maker Watch, the Elite eight. It's a young up and coming startup.
43:50Rod Palmer They don't even have customers yet, and they they got all the way to the Elite eight. It was really awesome. And then, Mr. Congeniality, really la early round loss for Swan. Really had higher hopes for them as a one seed. But, Steven Lopka, he just absolutely
44:07Rod Palmer embraced the the grind and embraced the process and the opportunity thick and thin, left it all out on the timeline. So he gets the mister Congeniality Award. And then
44:19Rod Palmer before we go to the fountain boost, I just wanted to circle back to a story that we published a few weeks ago about using DTC Sessions, Launchbot as as a as an advertisement for your brand and your company. And in only these past few weeks, I have seen more selfies with BTC Sessions at Bitcoin conferences. So it's great to see that these influencers and these these companies were able to exploit BTC sessions and his his very, very well
44:48Rod Palmer recognized little hair, his little hair dye stripe,
44:53Dick Greaser to really elevate their their brand. I want to yeah. I mean, I wanna experiment with this this tool even more. And I wonder if we could use it like, it's one thing to to spotlight
45:10Dick Greaser your logo on his hair when he's talking to the conference. But what like, a lot of these these tweets, they go more viral than, you know, the conference speeches. So I wonder if it'd be more valuable than sitting in, listening to the conference
45:29Dick Greaser and and and putting your logo on here. I
45:31Rod Palmer think nobody's gonna watch those speeches. They're, you know, people don't have time to watch a half hour long video. They see a selfie on the timeline, and they give it a like and a retweet often. So I think it's I think people took on an idea and they just streamlined it. They open sourced it. Yeah.
45:47Dick Greaser Well, I'm I'm looking at this picture, you know, the BTC sessions. There's like a guy who looks about as tall as Big Sean Harris and then a girl in yoga pants, one of the few women in Bitcoin.
46:04Dick Greaser And one thing I know about women in yoga pants is they often go viral on Twitter. And so having your logo in his hair when they're taking that picture post would it's just way way better
46:21Dick Greaser ROI on the investment for the sponsorship in the first place.
46:26Rod Palmer Wow. Yeah. I mean, it's your like I said, vibrant community, a lot of people really boosting brand awareness. Yeah.
46:36Dick Greaser Well, let's get through the the final wow. We didn't even say so we're recording on on Sunday, so it's Father's Day, which is part of the reason why we're trying to rush through this. Or not necessarily rush through it, but we have to stay on a on a schedule. But, yeah. Happy Father's Day, everyone.
46:54Rod Palmer Yeah. What a what a great year. What a great Father's Day. I hope you guys enjoyed it. I hope you guys were, like, as it falls deep in the Bitcoin community and and Twitter as we were on Father's Day.
47:05Dick Greaser Yeah. I mean, think about, like, all those Bitcoiner fathers out there raising their kids on Bitcoin on a Bitcoin standard and and and how different that is. And, like, I I really wanna honor, you know, the fathers out there living on a Bitcoin standard doing a good job showing up for their kids. You know, being able to bring things like low time preference into the family. It's
47:29Rod Palmer Raw milk.
47:30Dick Greaser Raw milk, you know, different tanning, strategies, carnivore diet, giving your kids cigarettes, just all the important stuff that, like, a lot of the Fiat families are
47:46Unknown not Good. You're better. Practicing. Yeah.
47:51Dick Greaser Well, for the first found a boost, Orange Mart boosted us for 21,000 sats. Thank you, Orange Mart, and said, clapping emoji. The bugle is the Bitcoin standard of journalism with the trophy emoji.
48:06Dick Greaser And then it says, Orange Mart is a proud sponsor proud to sponsor it. Here's another 21,000 sats to keep the good vibes going. Treat yourself to something nice. Heart emoji. So Orange Mart is responding to the ad that we played, last week for them on the show, which is, you know, you made it. It was a very high quality ad.
48:31Dick Greaser Yeah, I mean, anybody can sponsor the show. You you sponsor the show through boosting us. And, you know, if we like you and we like what you're about and you're you're part of this intellectual silk road, we might we might even, Right. Make run ad for you on it.
48:48Rod Palmer Cigarettes make you more creative and they make you more smart. So if if I'm smoking a cigarette feeling creative and you're the person who bought that cigarette for me, I'm probably gonna make an ad for you. Think of it that way. Yeah.
49:03Dick Greaser But but I think the the thing that's important, you know, to for the audience to understand is, like, you know, we we are a community funded, show. And so, you know, you have to be a part of the intellectual dark web. And I don't know if people have noticed recently, but we kicked Podkomp
49:25Dick Greaser to the side. And we're not really running ads for them anymore. And they're they sent us an email that's held in full of legalese that I've currently ignored. They're not very happy about it. But I think it's important to take the stand here. But, yeah, we want to support the intellectual silk road, and I would say Orange Mart is a part of that. And, yeah, appreciate you showing up and, boosting the show on a weekly basis.
49:54Rod Palmer Yeah. It should it shouldn't go. I mentioned that being a part of the intellectual silk road is what gives you the ability, the confidence, and the safety to basically break your contract with PodComp and start, you know, talking about stuff you care about. 100%.
50:11Rod Palmer The next one is from, my phone crashed. Here we go. User 83306501. They didn't say anything. They just based it 20000¢. So user with a bunch of numbers. Thank you. Appreciate that. You come across.
50:29Dick Greaser We could we could try and, describe to the audience the profile picture. I'm having trouble seeing. It's really small on my skirt, Small on my, typewriter. Let me zoom in. I think it's a A hot emo check.
50:44Unknown A hot emo check. So we we have a a booster that is
50:53Dick Greaser might be a woman, a cute woman. So that's interesting.
50:57Rod Palmer That's been a trend I've been seeing recently. But now it's a really high signal content.
51:02Dick Greaser Yeah. Well, thank you, user 83306501. The next boost is from fundamentals for 10,101 sats. And, he says, very high quality episode. I suspect a no k KYC benefactor has hired you for some hired you some extra producers and journalists.
51:28Dick Greaser Suss. Keep it up. Yeah. You know, Fundamentals has been, you know, trying to accuse me of drinking too much. He's been trying to, you know, just throw shade on on what we're doing, which I don't really understand because he's definitely part of the intellectual silk road.
51:50Rod Palmer Oh, yeah. 100%. He's like the mathematician.
51:54Dick Greaser We we have not hired six producers. I mean, you can see how much, you know, we're getting boosted on here on Fallon, you know, everything
52:09Dick Greaser I I don't really know what to say. Like, I I wish it was true. I wish that we had successor producers and I I guess, you know, the audience will be able to see when that if and when that ever happens.
52:20Rod Palmer Yeah. I mean, it's it's a it's a compliment, I guess, even though it's veiled in criticism.
52:26Dick Greaser Yeah. Whatever fundamentals. That's what I have to say. Thank you for the boost. Oh, damn.
52:31Rod Palmer My, you know, my boost, so I gave it was 10,000 because I just thought it was my signal, and that's what it deserved. Then we've got 2,121 stats from we all eat. He says in all caps, blow your compliance horn for the bugle and punk dog. Thank you so much. Blow your blow your compliance horn, I agree. Yeah. We we all eat, freak out. Been a supporter of the bugle since day one. Really appreciate it.
52:59Dick Greaser You know, Enoch coming in again, one thousand sat says the news source knows the news source knows as the bugle I don't know what that means. I think he's gonna read it.
53:15Dick Greaser The news source knows yeah. I think he means known. Known as the bugle, with truth, no chance that is frugal, pulling no punches, following its hunches, the weight of the world, it juggles.
53:29Rod Palmer I spy.
53:31Dick Greaser Yeah. I I appreciate it. I mean, I I could see Tip NZ using lyrics like that in one of her songs. But, yeah, Enoch I don't know if you remember Enoch, but, you know, Enoch boosted the show a while back calling us, Marxist or something like that. Oh, yeah. And just, you know, really, like, offensive, but, you know, seems to have done a complete one eighty and now gets it.
53:56Rod Palmer Good for him. Next one, we've got another user, 17970066. They've listed a thousand sats. No message, but appreciate the sats. Our our good friend, Philip
54:09Dick Greaser d McCombs, boosted us for 447 sats and said expect us.
54:16Rod Palmer Okay. We don't we don't debug that stuff anymore. But yeah. Yeah. Then we got sats meet. 100 sats, three podcasts. First time listening. I didn't realize it with sarcasm so, like, the two minutes in. Also, kudos to your country intro. Unique and deaf. Thank you, I'll forgive you since this is your first time listening. This is not sarcasm. This is, very real, very potential, very serious need. But, I think you'll you'll realize that, but we're listening.
54:43Dick Greaser Well, I mean, I think there's a reason why people have a have trouble understanding, you know, the stuff that we're putting out because having as high of quality journalism as we provide is so foreign
54:60Dick Greaser to people. They don't they don't really know what to make of it.
55:02Rod Palmer Seems like it.
55:05Dick Greaser Yeah. I mean, so, like, when when you think so there's these stories of, you know, the these tribes in remote areas of the world that that encounter modern technology for the first time. And they think it's they think people are gods.
55:25Dick Greaser And I think that's kind of how people view us. But it's important to remember that Rod and I, we're not super beings, we're not gods, we're just credentialed journalists working
55:41Dick Greaser and covering the news around Bitcoin related topics. And that's kind of a unique and new phenomenon. You know, people have been largely educated by, you know, pod comp influencers and non credentialed podcasters.
55:58Dick Greaser And so I think that's probably where the confusion came from. And then our last That's incredible. Yeah. Our last boost from asnide 37,
56:12Dick Greaser for 100 stats asked, is the theme song on wave lake? And, it wasn't when you asked, but now it is. And I made sure to respond with the wave lake link. If anybody wants to,
56:30Dick Greaser to listen to the people weekly themes, I'll be updating them weekly on Wave Lake. So you can go there and check them out. But, yeah, that wraps up the page. Thank you, everybody.
56:41Rod Palmer Thank you. You keep coming.
56:46Dick Greaser Good show. Good show. I mean, it's just, you know, it's been a busy news week. I'm feeling a little bit overwhelmed. I feel like we could, you know, go for, like, another six hours, but, you know, it's Father's Day. We have stuff to do. Do you have any closing thoughts, for today, Rod?
57:01Rod Palmer I would just say be be with the psy ops and the civil attacks. The war war war making you think there's more influencers and opinions than there really is, is at its peak right now.
57:14Dick Greaser Yeah. I I've got two two thoughts. So I know RFK Jr. Is feeling a little bit let down by, David Bailey and and the crew at Ordinals magazine jumping on the Trump train. And that's just, you know, one of the realities, RFK, is, you know,
57:34Dick Greaser when you're a winner, like the former president and and probably future president, you get these opportunities. But if you're a loser, like you're you are right now, you're just gonna be left in the shadows. You know, people are you know, ultimately have to be opportunists
57:53Dick Greaser as the type of person that David is. He's taking advantage of the situation and, you know, you're just being left in the dust because he didn't he he just didn't understand the game theory. And so I would say that, you know, go go read a little bit on game theory, RFK, and, you know, stop feeling so, like, betrayed.
58:12Rod Palmer Yep. I think we can all learn to to read a little more game theory. It's a good fight for everybody.
58:18Dick Greaser Yeah. I mean, it's it's one of the it's one of the problems with, you know, hanging your hat on the PodConf hat rack is that they they can drop you at any moment, that it feels advantageous. There's no loyalty from PodConf.
58:36Rod Palmer I was just worried about the PodConf.
58:39Dick Greaser Yeah. Exactly. Well, I think that that wraps up the show. Wanna thank everybody for boosting us, and, tune again next week.
58:48Rod Palmer See you.
58:51Unknown That concludes this week's episode of the Bugle Weekly, the most thermodynamically sound podcast in news. Make sure to stop and boost the show before you leave. Your support helps spread real credentialed journalism to the masses. Bitcoin has already won, and now the real revolution is reclaiming the news from the CIA. This is the intellectual
59:13Unknown silk road. This is the Bugle Weekly. See you next week.