0:01Richard Greaser Choose the pedophile whose values are are yours. Who is the pedophile who has a pro business attitude? Is there a pedophile who cares about the climate? Is the pedophile who wants better schools? Probably all of them. What pedophile has the viewpoint that you align with?

0:21Richard Greaser What pedophile believes in infrastructure? Who is the pedophile that's gonna keep us out of costly foreign wars?

0:29Rod Palmer You are the banker. I'm out of the game. If you are the printer, it means I'm broke and lame. All your fiat glory means I must walk in shame. I want it harder.

0:45Rod Palmer I won't play your game. Magnified, sanctified, I will stake my claim. Valified, crucified

1:02Rod Palmer in my fiat therein, a million minus ashen for wealth to be acclaimed. I want it harder.

1:14Richard Greaser I'm

1:20Rod Palmer ready, my lord. It is Sunday, July 20. Welcome back to the Bugle Weekly folks. The world is in turmoil. It is the fourth turning.

1:38Rod Palmer Cars are burning. People are grumpy right now. People are really grumpy right now, and they're they're coming to the conclusion that Bitcoin is not Ozempic. It is not the one taking an orange pill doesn't fix everything magically. There's trade offs happening here. Yeah.

1:57Richard Greaser I think it depends. I think it just depends on on your algorithm, on your timeline. It depends on your for you tab basically on on Twitter, because I don't see that like right now for me is probably this is one this is the best summer ever so far I mean, the the whole context everything paper Bitcoin summer this is fucking great like if you're a Bitcoin podcaster you are,

2:24Richard Greaser looking at new kinds of job opportunities and the ability to afford taxes you never could have to rent a couple of years ago when you were just, like, starting your you didn't even have a professional logo yet. I mean, Bitcoiners, this is the Bitcoin podcasters getting jobs. We're in the government. We're setting the tone. We are establishing

2:44Richard Greaser the vibe, and it's made for Bitcoin somewhere. We are at we're having a good time. It is, the bull market is about the positive feeling, the positive vibe. This is why we're here. Right? Like, the the way that we feel during the bull market when we're right and everybody agree, it's all of this feeling of listening to podcast really paid off. Like, my wife is drastically improved. I'm getting tons of external feedback that shows that it, you know, I've made good decisions.

3:10Richard Greaser And if you don't feel that right now, I think that, you're just you might be on the other one out. There something's going on because, forty hour like podcast listeners, Bitcoiners, it's vapor Bitcoin summer. And how can you not be having a good time right now?

3:29Rod Palmer I think this is a case of a tale of two Twitter feeds.

3:34Richard Greaser Right. That's exactly it. It's like the bus meme, right? Like, the they're looking at the same thing, but to one person on one side of the bus, it's like a dark gloomy, like, if they're just looking at the wall. They feel like they're not looking at anything positive. They feel like they're just they've hit a wall. The other person sees fucking citadels in the valleys that sees fucking suits and cargo shorts together like on the top of a mountain, with the palm trees and walking down sunshine, right?

4:05Richard Greaser And I don't know. It's I think maybe you've been been programmed by your algorithm to be grumpy. Maybe you'll seem grumpy right now.

4:14Rod Palmer For those that are grumpy, I think a lot of them are really grumpy because they're coming to the realization that they can't just hang out as plebs, and they have the choice of either going back to being an MPC or being a pioneer. And they're being thrust into this decision making process. Like, they they the the circumstances around them are forced there there's a call to action, like, in in the hero's journey.

4:40Rod Palmer Like, look at Star Wars with Luke Skywalker. Luke didn't just run and and and try to join the alliance. The war came to him unexpectedly. These droids showed up on his doorstep. The the stormtroopers

4:56Rod Palmer came. They killed his aunt and uncle. There was that call to action. And what we're seeing right now for Bitcoiners or for a lot of these plebs is this call to action of of the world is gonna be difficult. And a paper Bitcoin company is not gonna hire you unless you have a Bitcoin podcast.

5:19Richard Greaser Yeah. There is a lot of people it's for a lot of people, especially people listening to this, that calling, that higher action, that calling is to be a Bitcoin podcast. If you're listening to forty hours per week,

5:37Richard Greaser and you're just getting it, you're compressed it, you're getting entropy, you know that your destiny is to start a Bitcoin podcast because you have to you're you have it's like you have to signal with your node, you have to say, hey, add me to the percentage of knots because I'm out here and I've got this opinion about, like, I can solve Israel

6:00Richard Greaser and and and Gaza with Bitcoin. Let me explain now. And you're gonna condense it. You could be that person. You know you could you could solve a lot of problems. And when you kind of you don't have to answer your calling. You don't have to answer the call. But you're it's gonna be it's gonna be weighing on you. You have to you have

6:26Richard Greaser to you have to figure out what's important in life. You have to figure out, am I willing to take these risks? Am I willing to to go out where the user experience is scary? I'd rather be grumpy than scared. That's how a lot of people feel. They'd rather be grumpy than scared, but really it's about, like, if you're grumpy, it's because you're scared. So you have to answer the call. That's all that's that's what that's what I would say. I people are waiting for a magic pill, whether it's a a God candle up to 250,000

6:57Richard Greaser or whatever. They're waiting for that magic pill, but they're finding out that, you're gonna have to keep listening to forty hours per week and and making yourself uncomfortable with the user experience

7:09Rod Palmer that you're working with. I think we really need to overhaul the world of psychology quite a bit. So in the world of psychology, you you're probably familiar with people's trauma responses. That's something a lot of individuals talk about. And I think they're you know, it used to be fight or flight, and then they added a new one called freeze

7:34Rod Palmer a little while back. And I think we need to add a new one called LARP. And so LARPing is a trauma response, in my opinion. And I think,

7:50Rod Palmer you know, like, when when soldiers go through basic training, near your what they're essentially trying to do is they're trying to condition people's trauma responses. So they're trying to desensitize them a little bit to danger and violence, and they're trying to get them into a position where in this scenario that they're in a traumatic event, they respond effectively.

8:16Rod Palmer And the plug is conditioned to larp, and the pioneer is conditioned to fight. And the MPC is conditioned to

8:28Rod Palmer either freeze or or flee. And as a pioneer, it's important to, you know, the what is podcasting? Podcasting is the preparation. It's like the basic training. Like, when you're when you're going and you're listening to podcast, you're listening to your forty hours per week. That's your basic training where you're getting condition. When a TV tells you something,

8:55Rod Palmer like to buy non imagine buying stocks right now that are not paper Bitcoin stocks during paper paper Bitcoin summer. Like, you're you're you're you're sitting there and you're you're working your ass offs and you're putting your money in your four zero one k, and some of it is being allocated towards Amazon instead of

9:19Rod Palmer MicroStrategy or one of these other paper Bitcoin stocks. It's rather it's rather silly, in my opinion. So the podcasts are teaching you how to respond in this war. It's a it's the fiat war, essentially, but you can't just hang out and sit in basic training. You gotta get up off your butt, and you gotta go to war.

9:43Rod Palmer And I think a lot of grumpiness is people that don't wanna get up and go to war.

9:53Richard Greaser Right. Right. It's there's a lot of people who share, you know, one of the most popular memes is, you know, the Crusader memes. There's a lot of plaids out there who like to post Crusader memes, but, you know, everybody wants to be a Crusader until it's time to go on a crusade. And there's a lot of people who, you know, I think the LARPing thing comes down to it's pretty simple.

10:19Richard Greaser Everybody says you fake it till you make it. But you have to ask yourself if you were, if you were faking it till you make it, were you there to fake it or were you there to make it? Which one did you really wanna do? Did you just wanna fake it and LARP and like have people think that you're a podcaster? Get some, you know, backstage, meet David Bailey, Dennis Porter at a Bitcoin conference, get some selfies, or

10:42Richard Greaser did you want to put yourself out there and, and be a Bitcoin podcaster, a real, like a real Bitcoin podcaster? Did you want the burden and the responsibility that comes with it? Were you doing the proof of work? Were you running data access? Were you running your own lightning node?

10:59Richard Greaser Did you, you know, did you did you test your ability to succeed in managing your wife's four zero one ks? Because she wouldn't let you, you know, buy Bitcoin with it and take the penalty, but she did let you buy MicroStrategy and other paper Bitcoin companies or did you, you know, buy treasuries and gold? And like you said, Amazon, it's it's it's a mentality after a while, you can't fake it anymore. So you have to decide. It's it's one or the other.

11:31Rod Palmer Absolutely. I mean, I think we it's it's it could be argued we've already experienced these moments, you know, like Luke Skywalker experienced where the the stormtrooper showed up and and killed his family. But, yeah, you you have a choice of of what you're gonna do. You gotta you gotta take action

11:50Rod Palmer at the end of the day. You gotta take action. You know? I I think it's never been a more important time in history to smoke cigarettes, to say the least. But paper Bitcoin summer, I'd I'm kinda getting over my grumpiness about it, Ron. I think your song really helped. Your song really helps me work through some grumpy. Yeah. I think, all all we just talked about is kind of the,

12:16Richard Greaser it leads into what paper Bitcoin summer is, right? Like paper Bitcoin summer is for people who, you know, they've been listening to the forum. They know that they're gonna wake up every morning and start hitting their forty hours per week. They know they got to get their steps in. They know they got to go thrive on Saturday morning to get the raw milk, and beef for sats and to shake their Bitcoin miner's hand. They know they got to go, you know, to, to hang out with

12:46Richard Greaser dudes who just fucking get it in places like Lake Satoshi, in Michigan at the end of this month, lakesatoshi.com in case you're wondering what I'm talking about, it's for those people. It's for people who's got, they've got the forty hours per week body.

13:04Richard Greaser Like the proof of work you show up to, you're in your bay vicinity, you're on the beach, you're, you're wearing a suit at the, you know, the yacht party, you know, it's, it's paper Bitcoin summer, you're going to be there because why would you and your friends not be getting together at a Bitcoin conference? That's, that's what, being a Bitcoin podcaster is all about. You're gonna be a, you're gonna be a paper Bitcoin summer. Like it's showing off the results of listening to forty hours per week in person. You look your best. You're you're projecting your best. You're making new friendships.

13:40Richard Greaser That's what paper Bitcoin's owner is about.

13:44Rod Palmer It is really interesting when you think about the difference between presenting to people online and via audio only and presenting to people physically in person. Because I think a lot of a lot of people,

14:01Rod Palmer the majority of their communication is, like, messaging in the group chats, on Twitter, going on Bitcoin podcast, or doing Bitcoin podcast, or talking on the phone. And then they have to go and figure out how to look good for the first time in person. And you can't just do exactly what you did online in person because it's kinda boring.

14:25Richard Greaser Alright. If you're if you if you're you can't have AI muscles like BTC sessions. You know what I mean? Like, you can. You can have AI muscles. You can have AI abs.

14:41Richard Greaser But you can't have AI abs, you know, in person. It is it's if you're going to a pool party with some of the the hottest podcasters and group chat members in the community, you

14:57Richard Greaser you can't have AI apps.

15:01Rod Palmer No. You can't you can't fake it. Like, it's, you can't cash catfish people,

15:09Richard Greaser essentially. Yeah. And you, and you know, in person, if somebody starts asking you about running a node or if you smoke cigarettes or, you know, how much, you know, how much you use Bitcoin, like if you use Bitcoin, you would know, but you can't you can't use chat GPT

15:28Richard Greaser to respond to them so they think that, you know whether or not our core is the best Bitcoin note to use You can't just run the chat GBT and ask them, like, you have to you have to face that person, have a conversation with them and, let them, you know, check your vibe a little bit and see if you actually know what you're talking about and they should be, working with you or or supporting you. Can't do that. It's easy to do online, but it's harder to do in person. Especially at Pay for Bitcoin Summer. Everybody's in a bikini in shorts, right? Like, there's nothing to hide. I'm excited for, Here's the thing. Paper Bitcoin summer where he's in a bathing suit. There's no way for a fed wearing a wire to make it into Paper Bitcoin summer. You know what I mean? And you're you're

16:11Rod Palmer that's all you know, where do you wanna be? Not gonna trust that guy who who's swimming with the shirt on. That's for sure.

16:19Richard Greaser Yeah. The guy in the Monero shirt doing fucking cannonballs, off the diving board, that guy's a fad.

16:29Rod Palmer I heard that Carolyn Levitt is gonna be showing up to, Lake Satoshi. She's I think she's hot. I heard she's gonna be wearing a bikini. We should expect her to wear a bikini because she'd be likely to be wearing a fed or sorry, wearing a wire.

16:47Richard Greaser Yeah. If you work for the government and you wanna come to Lake Satoshi, all we ask is show us your tits.

16:55Rod Palmer Well, I don't know about that. I'd I'd prefer if you kept a bra on, but definitely need to make sure that no wires on Carolyn Lovett. What do you think of, do you see Frank Korva was asking her questions this week? She's name dropping Frank Horva.

17:13Richard Greaser Yeah. I think Frank Horva Frank Horva was, he was he was doing what a good journalist does. Right? Like, they wanted they wanted to talk about crypto or, stablecoin legislation, at the press conference in Frank Korver said, are

17:31Richard Greaser you know, talk about the other later. Are we gonna get, capital gains taxes removed from our our Bitcoin spends, our Bitcoin transactions? And she said that, she was forced to say that the the president's administration is on record

17:47Richard Greaser for, supporting that. So, hell yeah, Frank.

17:50Rod Palmer Considering it. Just like they're considering not starting any more wars, and they're considering releasing the Epstein files, and they're considering abolishing IRS, and they're considering,

18:01Richard Greaser they're

18:02Rod Palmer considering a lot of things right now.

18:05Richard Greaser That is this is this is white paper bait. The government saying they're considering giving you freedom is the best you're ever gonna get from them. Alright? So as long as they're all ev as long as you keep them considered. So Donald Trump tried to just, you know, rug it, pull everybody on Epstein, throw it all under the rug. But podcasters

18:27Richard Greaser said, wait a second. You don't wanna do this, buddy. You need us. You need podcasters. And so now Donald Trump's administration is back to considering releasing the Epstein Fox. That is good as we're ever gonna get. We're only gonna get a president who's gonna get and say he's considering it. Because as long as he's considering it, we're good. Right? Like, the people the people

18:51Richard Greaser who committed the crimes still have to feel nervous. That's what that's all you need. That's all we're gonna get. We want them to feel nervous the rest of their life. They can't just completely get away with it. Prince Andrew has to stay in the Buckingham Palace basement the rest of his life. If that's as good as we're gonna get for prison for these Moloch worshipers, don't fuck it up.

19:12Rod Palmer Well, I think you're bearing the lead. I think the the the, you know, Bitcoin Magazine, all these guys, they decided to make a big deal out of the question and her answer. And she gave a very, like, scripted, like, non answer.

19:30Rod Palmer But the part of this which was interesting is she name dropped Frank Korva. So the the hottest press secretary in American history name dropped Frank Korva for the entire world to see. He's sitting there right next to his seat looked uncomfortable. They should give him one of the good seats next time. So I'm front and center instead of, like, kinda tucked away in the corner. But if that's not apparent that Bitcoin is one, I don't know what it is. When the when the credential journalists in the Bitcoin industry are sitting,

20:04Rod Palmer knee to knee with, Carolyn Levitt. I was talking with a friend this week about this concept. He was explaining to me how being around hot women is like a signal to other women of, like, your your worth worthiness. Because I I think men and women look they kinda determine hotness differently. Like, a lot of men, they'll they'll look

20:29Rod Palmer at women as a lot more about, like, the physical attractiveness, which is why people are so confused when I say Lyn Alden is hot. Because I'm not talking about that. I'm just talking about her generally being hot. I guess I'm thinking like a woman. I'm judging a her hotness kinda like a woman does. But, like so so, yeah, this guy was telling me essentially,

20:52Rod Palmer you know, it's like a signal to other women. The other women that are looking at him were like, wow, he's hanging out with the hot chick, so he must be like way cooler or or way hotter. It's not as much about the physical attractiveness, like you hear this all the time, like, women like guys with nice cars and whatever. That's why you should wear a suit. But, Frank Korva, sitting in close proximity to the hottest press secretary

21:20Rod Palmer in American history just became so hot to so many women in America?

21:27Richard Greaser Yeah. It's it's the it is the it's a new era. We're in the era of Frank Korva is hot. It's not Shinobi anymore. Shinobi got banned from the, the White House because he refused to apologize to Donald Trump for calling him retarded. So he does he doesn't get it.

21:51Richard Greaser So it's Frank's it's Frank it's Frank Korver's time.

21:56Rod Palmer The big deal, folks. Hottest journalist,

21:59Richard Greaser in the in the game. That's a prestigious,

22:03Rod Palmer position. Yeah. Some pretty cool stuff's happening in the in the world of, Bitcoin journalism. So Lola Leads is, getting David Bailey's money. I guess he paid her in Bitcoin and not paper Bitcoin, which is kinda interesting. I don't think she takes paper Bitcoin. But she did some good journalism this week. You got Mark Goodwin going on James Corbat. That's always cool. You got Frank Korva getting names robbed. We need to come up with the nickname for Caroline.

22:37Rod Palmer Are you is she the hottest woman in journalism right now?

22:42Richard Greaser She's the top Karen. You know, Caroline Levitt's top hot. She's the hottest. She's making Karens hot again. Karens kinda had to the get in shape. Right? Like, Karens did it couldn't just take Ozempic. Karens had to come back, and show they did their proof of work and some of them didn't. I think Caroline is a good example that Karens can be hot.

23:05Richard Greaser We talked about it a few months ago, right? That we needed Karens to be great again. We were like, we needed people like, to cause scammers and frauds and to police the timeline and to police, you know, police our our households, right? Some of us needed our Karen whites to be great again. And some of us, we just need that that influence,

23:28Richard Greaser that positive incentive aligned, you know, thermodynamically sound care and influence in our cult, and Caroline Levitz is a good example of that, right? She kinda sets the, the woke, smarmy, you know, media kinda in their place. Like, she she she doesn't let them, you know, drag down

23:49Richard Greaser the presidential, you know, official press conference with the land acknowledgement. Right? Like, she today they threatened. Right? They threatened a football team that they had to change, their name back to the Redskins. Right? Because, everybody hates their Washington commanders, but the DEI or excuse me, the HR department, the Karen HR department of DC made them change it to the commanders. But we have

24:13Richard Greaser right now it's time to let boys be boys. Right? Like, to to let the Karens the new Karens be in charge. It's awesome. Miss Hoddle, she's a crazy amp. Right? Like, somebody tried to steal an Amazon package she was chased so off with fucking shotgun, wearing, like, a forty hours per week t shirt. I mean, you know, Karen's listen Karen Karen's listen to the bugle, you know, Karen's who at least, you know, don't they don't give you a demerit at work for wearing a Lin Alton is hot shirt. That's that's all I'm saying.

24:42Rod Palmer Trump loves to staff his administration with Karens. Got Pam Bondi. She's a Karen, for sure.

24:49Richard Greaser His chief of staff, dude. I mean, have you seen her? She is a, she's built like, Tatum. Tatum was five foot four and, but she's got blonde, she's got that big Karen hair that fucking blow up Karen hair, yeah, she's a cowgirl, she's got a southern accent, she wears cowboy hats, cowboy boots and that is the Karen running the,

25:13Richard Greaser the the Trump's, like, main staff. So it's Karen Rich. Karen and Karen the Karen influence.

25:22Rod Palmer Absolutely. Yeah. Karens are the only way that to take down the woke life is by being Karens. If they're gonna be Karen you gotta fight Karenism with Karenism. Karens play a very important role in our society, And it's one of the best defenses being a Karen is one of the best defenses

25:46Rod Palmer against communism. Speaking of Karens though,

25:52Richard Greaser The Karens are hot at paper Bitcoin summer. You know what I mean? That's, that's an e that's another way to put it.

25:58Rod Palmer Well, Plutterer isn't. Plutterer's back on Twitter. He came back. You you chased him away. He had to take a mental health break because of you, and then he recovered and came back. So Karen

26:13Rod Palmer Pletteter the Karen's back on Twitter.

26:16Richard Greaser Yeah. So, you know, Pletteter is he's definitely like he's got that really feminine catty kinda energy, he's kinda like, you know, like the guys on the Bravo network, you know, just that catty energy, hot drama,

26:33Richard Greaser but he's, you know, just wanna call him a Karen w, and he's Pledger's not the Karen. Karen is is is Karen Karen's look like Carolyn Levitt, not Pledger, and I'm and I'm tired of pretending otherwise. How do you know? A predator could totally be a hot blonde. I you know, that's the other thing. The best thing about hot blondes is you never have to wonder, if you've seen enough pictures of them, they love to share pictures of themselves, And they love to share pictures of themselves looking hot,

27:04Richard Greaser to the hotter they are. So anytime you're talking to, anytime you're talking to somebody who claims to be a hot woman but likes anime, you

27:16Richard Greaser gotta you're being catfished, man.

27:20Rod Palmer Too good to be true. What do you think about anime? What are your personal opinions on it?

27:26Richard Greaser I, I never really was a The only cartoons I like is South Park and, that's pretty much it.

27:39Richard Greaser I don't even like, the Pickle Rick. What's the show? Rick and Morty. Never been a Rick and Morty guy. I don't know. I don't get the, I don't get as much signal out of cartoons.

27:50Rod Palmer What? Yeah. There's a lot of people that feel that way. Why do you think that is? I like cartoons, personally. I don't know. I I never thought about that. I think,

27:60Richard Greaser I think because I I just can't I I like hot I don't think cartoons are hot. Like, I'd rather watch, like, Day Watch, or some kind of cool movies, like, in anime, they they're trying to make the girls hot, but I just don't think anime girls were hot.

28:19Rod Palmer Do you think it's because of their physical presentation or it's their annoying voices or It's a good

28:27Richard Greaser It could be, it could be it's probably a combination of all those things. The voices, you know, I I guess I never I could ever put myself in the sh in the shoes of a protagonist who was chasing after a hot chick if the hot chick was a cartoon. So I couldn't relate to it. Because I didn't think the cartoon was hot. So I wouldn't have made I wouldn't have let my girlfriend go

28:57Richard Greaser to target with my lightning wallet if, you know, if she wasn't super hot and, you know, it's I would know better than that.

29:11Rod Palmer I just couldn't relate to the way they would make decisions. I used to like anime a lot more. I I think I've struggled with it because it's just it it's hard when you there's so much filler in most animes. So when you're listening to forty hours of podcast, you don't have room for 40 episodes of filler.

29:33Rod Palmer And I don't know if it's interesting. But anyways, that's a good point. If one likes anime, it's too good to be true.

29:42Richard Greaser Right. And I I just think that hot chicks have never thought that much about anime to either like it or not like it.

29:52Rod Palmer So the I think a really important conversation to have at this point so, like, we're in the early stages of the bull market. Paper Bitcoin summer is probably gonna carry on in the paper Bitcoin autumn and paper get Bitcoin fall and paper Bitcoin spring and then paper Bitcoin. Are we moving into the eternal age of of Bitcoins paper Bitcoin summer?

30:16Richard Greaser I think maybe it's the beginning of a new era, a new epoch. It's kinda like the fork turning, right? Like it's, the major institutions have kind of, I don't know, they just haven't held up in some in some cases,

30:35Richard Greaser so they if you can't get the if you can't get the price over 100, 120,000, it's time for the, you know, it's time for new ideas, new builders, new ways of using Bitcoin to solve big problems at scale because the people who've claimed that, you know, they're fighting over lighting doesn't work and they were fighting over this time is going by Somebody's gotta build something that uses Bitcoin and makes it more valuable and grows its

31:03Richard Greaser grows its magnitude and grows its, influence throughout all parts of culture and life and economy and the incentive structure of how all of our relationships work. If you gotta change that, it's and the only way it does that is if it keeps growing. And unfortunately, some of these lightning solutions and building more lightning wallets, and not really doing anything about the user experience or just accepting that there's other user experiences

31:31Richard Greaser that, people might be interested in as well and building those things and seeing what works. Some people are waiting for a magic Ozempic pill, like, a soft fork, or just a new a new solution to scaling Bitcoin for the use of 8,000,000,000 people but right now the problem is 8,000,000,000 people don't demand to use Bitcoin and it's not

31:58Richard Greaser so we're we're trying to build I don't know it's, but I think it's just an acknowledgement, of of that and being open minded to, things that work and I think

32:11Richard Greaser we don't get to decide what works. We just have to observe the outcomes, and and and determine

32:19Rod Palmer where to go next. Have you seen that Lightning liquidity has dramatically dropped since paper Bitcoin started coming around?

32:27Richard Greaser Right. I mean, we we we see the mempool. Right? Like, they're talking about removing the the one sat limit. So it's like you go less than one sat per VPIPE, because there's it's like, you know, it's like interest rates. Right? It's like if interest rates are going to negative or interest rates are going negative, it's due to lack of demand, so you're having to lower cost.

32:51Richard Greaser So

32:52Rod Palmer We we should have never had the one sat limit in the first place. I mean, this is this is the problem when you let socialist use Bitcoin and engage in the conversation as they try to create minimum wages.

33:05Richard Greaser Exactly. So we're judging one sat v buy as like this. I mean, that's we think one sat v buy is as low as it goes. And the market's trying to tell Bitcoin, like, that's an artificial number. That's not a real number. One sat review, right, that means nothing because it can go much lower. The demand for block space can go much lower. So we need, to see how low that is because

33:31Richard Greaser determining how to build on top of Bitcoin means, means knowing the availability and the value of block space. Because if you don't have that, what are you gonna do? I don't know. So we need we need to pay miners less. They need we need to lower

33:47Richard Greaser or remove that that the fake limit.

33:51Rod Palmer I just think there needs to be a free market for these things. This is like, you know, what what you'll hear just in your first forty hours listening to Bitcoin podcast is people talking about a free market. And the problem with any sort of price controls whatsoever is that it inevitably creates market distortions. And I think we're seeing this in block space right now, where what's funny is if you if you continuously lower the price and there's no floor on it, people will use it probably

34:21Rod Palmer significantly more. And yeah. I don't know. I mean, we're gonna see weird things. We're gonna see things like minors, like you might even see fees go negative at some point, where miners are paying people to send Bitcoin transactions. But that that'll get all funky and weird.

34:41Richard Greaser But It's like carving threads. Like, you get, like, you you some some people hash at a higher price. Exactly.

34:48Rod Palmer Or do can you imagine we see government subsidized block space?

34:53Richard Greaser Well, yeah. It's like it's like, I'm gonna turn it's, the difficulty to see why, so I turn off and I'll just pay, or I'll just give you hash for free. That's kinda crazy. You there's just miners just being like, here, have my hash for free. Maybe that's what it is. Maybe it's like miners need are gonna need exit liquidity in the form of hash, and that's where bid actors are stabilizing the grid. Bid actors universally are just giving their hash for free. Right. So it's,

35:24Richard Greaser they're stabilizing the grid. It's like the it's like the retarded tax. Right? Like, you, it's the retard tax. That's that's that's gonna make Bitcoin more efficient. Bitcoin that's why Bitcoin is more efficient. Right? It has a Bitcoin has a retard tax. If you don't know what you're doing and you're and you're you're gonna you're gonna pay higher costs. If you don't, you if you don't consolidate your UTXOs, you're gonna pay a higher cost to the miners. If you don't if you buy, you know,

35:55Richard Greaser s nines and you're paying for electricity in San Francisco, well, that's free hash for, the Bitcoin network. Thank you for your donation. Bitcoin has a retard tax. And if you don't know what you're doing and you can't explain it on a pod if you couldn't go on a Bitcoin podcast and explain what you're doing and all this money you just spent your wife's $4.00 1 k money on, is it you might get lucky. Just remember,

36:22Richard Greaser Bitcoin has a retard tax.

36:25Rod Palmer It's it's the retard tax is consequences. That that's what it is. And you you you see, in the fiat world, retardation is subsidized every way possible. So, like, you ex you you look at,

36:41Rod Palmer for example, cigarette taxes. If you're you shouldn't pay taxes on cigarettes because it fund it it funds and subsidizes retardation. Those funds are taken a lot of times, they they do things like they they pump it in schools. So essentially, with with all that tax money is going is is creating this bureaucratic administration state

37:05Rod Palmer and

37:06Richard Greaser The cigarette tax got us pronouns. That's what it did. The cigarette tax brought us pronouns in schools. Limbs of TikTok, all those videos is the result of cigarette taxes. Your your child is transgendered

37:20Rod Palmer because of cigarette taxes now. That that's what

37:24Richard Greaser There were two genders before they implemented those taxes.

37:28Rod Palmer This this is why consequences are important and why re or subsidizing retardation is stupid is, it's it's one of the beautiful things about Bitcoin. If you don't know what you're if you're not listening to forty hours of Bitcoin podcast a week, you're gonna just get absolutely wrecked. And that's the way the things should be, kinda universally. When when you're become a grown up, if you're not take doing what it takes to be grown like, people shouldn't be doing everything for you as a as an adult as a grown up. Like, this is why so many people don't like the podcast, in my opinion. Because they don't wanna go through the actual work of of doing it really well. They don't wanna go through the research. They don't wanna go through, you know,

38:16Rod Palmer dealing with all the doodads. They don't want to, they want they wanna have an opinion. They wanna they wanna sit on the fence and have an opinion. They want somebody else to do the podcast for them and invite them on to listen to them talk. But they don't actually want to be the ones doing all the heavy lifting because Right. They don't wanna put in enough work to not suck. And, like, this is where a lot of people are at,

38:42Rod Palmer kinda universally. This is where the grumpy camp, I think, is at right now. Because they just don't wanna put in the work to not suck.

38:50Richard Greaser And that that's we talk about, you know, being able to afford taxes and what does that mean, right? It just means that paper Bitcoin

39:02Richard Greaser is a lot like the rest of society, right? It's like you are paying taxes because you think that the government knows it and will take care of you. And you're like, you think of, like, I buy these paper Bitcoin stocks, these ETFs. I I'm buying the the the feel good,

39:21Richard Greaser risk minimized, compliant, way that the government will take care of me, and I want the government to take care of my Bitcoin for me. That's what you're saying. You know? And for some people, that's fine. And in some circumstances, that's fine. In some cases, maybe that's even beneficial. Depends on your unique

39:40Richard Greaser perspective. But, you know, that is what they're saying. And with that is the tax. And but the court but Bitcoin the reason we use Bitcoin on chain is we know that REITs are taxed

39:54Richard Greaser benefits, it benefits the rest of the network. The people who listen to forty hours per week, the people who use Bitcoin, the people who are putting the most work and building on Bitcoin. We get lower, you know, block our our our block fees are low, and we consolidate our UTXs. We are staying

40:11Richard Greaser our ability to continue using layer one as Bitcoin grows, and you it it it becomes a more, high value chain. The people who put in the most listen to most podcasts benefit from the retard tax. And,

40:29Richard Greaser in the in the fiat world, it's the it's the other way around. The people who work the hardest, do the best, they are they have to pay the highest retard tax. But in on Bitcoin, you your proof of work lowers your retard tax rate. And that's and that's just the way you should think about it. When you think about how much of my $4.00 1 k should I allocate in to pay for Bitcoin

40:54Richard Greaser versus how much should I allocate? It's a cool story, like, I control my keys. It's just, where are you on your confidence, about avoiding the retarget tax? Pure and simple. The answer to that question will answer how much vapor Bitcoin you have versus how much,

41:12Richard Greaser real Bitcoin you have.

41:15Rod Palmer Absolutely. Yeah. It's just a matter of how how you wanna see the world. If if you want your kindergarten your children's kindergarten teacher to tell your kid that they're trans or non binary, then you should buy paper Bitcoin. Yeah. Like,

41:32Richard Greaser Stablecoins are for HR departments. Paying for Bitcoin is for, you know, HR private, you know, investments.

41:43Rod Palmer Absolutely.

41:46Richard Greaser Paying for Bitcoin is perfect for your wife. There you go. Your wife will love paper Bitcoin. If you if that's the only way you can get her to convert her Roth IRA into Bitcoin is paper Bitcoin. Paper Bitcoin's great for your wife's four zero one k. So the Genius Act got hacked.

42:03Rod Palmer Are you excited? Feel like we were telegraphing this for a very long time.

42:11Richard Greaser Well, we actually read, Mark Goodwin's, extremely long, articles, and we and we'd give him feedback on that. So part of the benefit of that, reading Mark's articles is knowing, the Genius Act was gonna pass the sweep.

42:31Rod Palmer I actually have my wife read me his articles. In effect, my wife has turned into a podcaster, my personal podcaster.

42:39Richard Greaser You could it's like you make your instead of listening to Mark's book or your favorite Bitcoin book, from Guy Swan's voice, I have it read to you in your wife's voice. A lot of people your your auto

42:55Rod Palmer A lot a lot of people get this wrong in relationships. So they, there there's so many Bitcoin adjacent people. They get so horny listening to Michael Sailor talk. They they see the open mouth thumbnail. They click on the video. They're like, fuck. Sailor's talking. I'm so horny now.

43:16Rod Palmer You know, you you shouldn't give a like, if you're a heterosexual, monogamous male, Dennis Porter's an exception to this, but Michael Sailor shouldn't be making you horny. Like, the gay fads shouldn't be making you horny.

43:36Rod Palmer Your wife shouldn't be making you horny.

43:39Richard Greaser When your wife when your wife kind of walks by the bedroom door in her lingerie, and and you pretend like you don't notice because you're listening to Bitcoin University with Matt Kratter, like, that you shouldn't be

43:57Richard Greaser watching Matt Crater in the dark, you know, when your wife is in lingerie in the bedroom. You shouldn't be, that shouldn't be your life. Right? Like you, you shouldn't be listening to Sailor. You shouldn't be listening to anybody, honestly. Right? But like, that's just a few examples. You should you should be you should have your wife read the content, to you.

44:18Rod Palmer Absolutely. Yeah. I mean, they're like, there's there's nothing sexier than,

44:23Richard Greaser I I think we bang, like, after every single Mark Goodwin article she's read me. On the other side of it, man, don't be when your wife has her book club meetups and they're, they're watching BTC sessions tutorials and your wife's showing her friends in the neighborhood in the HOA how to run their own node and they're watching BTC sessions tutorials. You, you should be as the husband of the house giving that presentation to your wife's book club friends. You should be showing them how to, how, how you run your node for your wife so that they can, and their husbands should be there with them. They should be learning how to run a note to you. They shouldn't be watching

44:57Richard Greaser BTC sessions tutorials. You know, why my husbands are out working or coughing.

45:03Rod Palmer Absolutely. So what what do you think is the appropriate Bitcoin only approach with, the stable coin stuff? Should, as Bitcoin only people, should they be focusing on making sure that Tether comes to Bitcoin or should they be saying that Tether should only be used on Tron and Ethereum and base?

45:23Richard Greaser I think the first thing to know is that you don't, there's gonna be a lot of people demanding that you agree that the stable coins are the CBDC.

45:36Richard Greaser They're going to, they're just, they're gonna wanna know your opinion on stable coins, and some people will, you know, make you admit, hey this is actually better for, it's faster for, it's better for Bitcoin, like this is gonna lead to more Bitcoin adoption actually. You think you don't have to agree or, like, argue with any of that. I mean, the well, what we do know about CBDCs

46:03Richard Greaser or at least what you should know. Right? It's like if you ever read one of those books where they talk about the Antichrist, like the Antichrist doesn't come out and say, hello, My name is Senator Antichrist, and I'm here to give you a central bank digital currency. And a lot of people thought that about Elizabeth Warren, but I think that was kind of probably, you know, more of the kayfabe. But it's not gonna come out and say it's a CBDC so you you don't you don't have to rush into saying you can wait and see. You can just wait and see, you can chill and you can avoid using it because like nobody's nobody's gonna come to you and knock on your door and say please you have to take this money we're giving you. You're gonna you have to work for you're gonna have to comply harder to get access to it anyway.

46:49Richard Greaser So just wait and see. And, don't listen. I'm not listening to are they good for the economy? Are they good for Bitcoin? We'll see. I'm not listening to Stablecoin podcast, though. I'm listening to Bitcoin podcast, and and I'm not I'm not wasting my my energy on on stable coins right now. Are there stable coin podcasts? I don't know. I, according to, the Human Rights Foundation, Alex Gladstein,

47:17Richard Greaser He was re were interacting on Twitter, and he said that there were. He said that there were, Stablecoin podcasts. I I he was asking Grok about Stablecoin podcasts. I don't know why. But he found out that there were some. If there was a guy that I would kinda peg to listen

47:32Rod Palmer to Stablecoin podcast, it would definitely be Gladstein. It would also be Samsung Mao. I could see Adam Back listening to Stablecoin podcast. Jesse Schrader?

47:49Richard Greaser For sure. I mean and you know what? I think that,

47:54Rod Palmer you know,

47:54Richard Greaser I think, you know, I I can also see, like, Ron Hamilton listening to Stablecoin podcast. And I listen. I don't think that it is even the worst. I if you have a job where you have to be, like, cognizant of the impact Stablecoins are gonna have on your job, on your industry, you should probably listen to Stablecoin. But my advice to you, though, especially Alex Gladstein, honestly, is don't go on Twitter and start, bragging about, like, full stuff you heard on Sablecoin podcast. I would just do it and,

48:25Richard Greaser you know, take a listen to my forty hours per week. Right? Yeah. Keep podcast talk the, you know, Bitcoin podcast stuff about Bitcoin podcast stuff.

48:35Rod Palmer You think that as kind of like an ecosystem, we should have a don't ask, don't tell policy

48:41Richard Greaser around listening to Stablecoin podcast. I think you I think coming on a Bitcoin podcast as a guest, or or being speakers at Bitcoin podcasts or excuse me, Bitcoin conferences, I think stable coin enjoyers, you know, whatever should be allowed there. I think it's just exactly just don't don't ask, don't tell. Don't talk about stable coins at the Bitcoin conference. Don't wear tether shirts to your Bitcoin, podcasts and

49:08Richard Greaser do whatever you want to do in your private life. Like if you want to listen to Stablecoins in at home, if you want your wife to read Stablecoin podcast, stuff to you in the bedroom, fine. That's your private life. But,

49:22Rod Palmer you you don't need to do a parade over it.

49:25Richard Greaser Right. Right. You don't have to have Tether as the main, you know, float at your, pizza day parade, you know, on Bitcoin pizza day, it's sponsored by Tether. Okay, come on. Like, just have a little respect for you have a little respect for Maximus, you just, you know, or we maybe should agree to not throw

49:48Richard Greaser some of the grumpiness and the demands for purity, in their faces if they'll agree not to throw stable coin parades

49:57Rod Palmer at our Bitcoin parties. So in order to use Polymarket, you need to use Stablecoins.

50:03Richard Greaser Right. The it's like if you're gonna gamble, do it with Stablecoins.

50:08Rod Palmer Should should you keep your should you keep your Polymarket gambles in the closet as well, or can you be public about those?

50:16Richard Greaser If you listen. If you if you had that if you made a lot of money predicting something on Volley market fine. But, I don't know. Don't just don't make it your per don't make it your personality that gamble on Volley market.

50:35Rod Palmer So I think we do I think we should I I haven't figured out how to use Polymarket because I I don't think I've maybe I've touched stable coins once.

50:44Richard Greaser Well, you can't use it in The United States without you have to you'd have to use a VPN. It it's it's pretty hard to use as a US citizen.

50:52Rod Palmer I know, but I I know a ton that do.

50:56Richard Greaser Yeah. No. Yeah. You can. It's just it's not something, like, you could just go do it. You would have to

51:02Rod Palmer Every everybody knows that, like, all those guys in the Sovereign Bitcoiners group, they're gambling on Polymarket. But, like, so I'd I'd like to see, like, the betting odds on what Michael Sailor uses to buy pick or pizza with next year. Is it USDC?

51:25Rod Palmer Is it USDT? Or is it, the new, like, banky cartel version? Or is it the,

51:37Rod Palmer so just US dollars and a boomer bank account? I don't know, man. I think that,

51:42Richard Greaser the problem in a lot of people's lives is that they're they're trying too hard to make money on what the treasury, department's gonna do or what the feds gonna do, what the president's gonna say or what some celebrity's gonna say on poly market. And instead of trying to predict

52:00Richard Greaser the future of, of their kids and, like, their community and trying to, like, hey, I you know, I bet that that property on that farm in my neighborhood is gonna go up in value. People need to be do have run poly markets on on eCash, like, mints for their local communities.

52:20Richard Greaser Bet on the kids in their high school, if they're gonna succeed in life. Like, start thinking about it that way instead of gambling on politics. That's what the, that's what the boomers are doing when they gamble their social security checks.

52:34Rod Palmer I agree. There's a lot of better ways to I would I would consider watching anime a better use of your time to gamble in a poly market, but I'd I've I'm enjoy it as a voyeur, looking at the betting odds. I also enjoy hearing about people's story. Like, you can live you can miss out on a lot of stupid shit in life by living vicariously through other people that are doing this stupid shit for themselves. It's a it's a Right. Yeah. Exactly.

53:01Richard Greaser Exactly. A voyeuristic, watching the degenerate, stablecoin parade play out even though it, you don't wanna take part in it. Yeah.

53:12Rod Palmer You don't need to take part in it. You you can hear about how how lame it was from them. But I think we're gonna see we're gonna see a lot of purity test around stable coins. We're gonna see some pretty significant cultural battles because I think there should be a purity test around which stable coin you use.

53:35Rod Palmer There'll be purity test around which chain do you use it on and how you do it. And I think we're gonna see this this wild shift in an argument.

53:51Richard Greaser It is a renaissance of pure like, it seemed like purity tasks were had run dry. Right? Like, there's no more everybody was failing the purity tasks, and it was it that's I mean, Plentiver, he deactivated. Right? You rage quit. It's like, hey. He threw every purity test he could, at influencers,

54:11Richard Greaser and it didn't matter. But now there's new ones and stable coins and and their, impact on charity tests is definitely gonna it's it's it's a it's a great time to be a test proctor. That's for sure. It's gonna be a fascinating thing to watch.

54:29Rod Palmer I I I think a lot of the Bitcoin ecosystem's gonna side with Tether. They're gonna say Palo's a good Bitcoiner. That's my prediction.

54:37Richard Greaser Does Checkpointer drive you admit. You don't need to you know, they buy they do a lot for Bitcoin. Right? They're giving back. It's like the the Palo Foundation, right? Like it's it's a they invest in Bitcoin miners. They invest all throughout the community. So I think at least they, you know, Circle talks about shitcoins on Twitter all the time. Tether Apollo goes on and says Bitcoin not crypto. We're just the payment rails.

55:02Rod Palmer Yep. They get you an Okamoto to make documentaries about things. They're giving back to the community.

55:10Richard Greaser They work with Sanson, they're friends with Sanson, Doctor. Adam Back, I mean, they are, you know, they're connected to society and everybody, yeah, everybody has good things to say about them. I'm excited, Ron. I don't know how you couldn't beat his favorite Bitcoin summer, man. The music's hottest. The music's hot. The videos are hot. The page are hot. I feel like we're this is, like, 1959.

55:34Rod Palmer We're just rolling into the sixties. Things are just picking up. All the groundwork has been laid. This is the the golden era of Bitcoin podcasting, folks. We're we're just beginning it. I tweet I tweeted some things about Peter McCormick, today. I said, you know, he's kind of a fat loser, and he, like, I don't what what's up with his glasses? Have you seen his glasses?

55:60Richard Greaser Yeah. It's, he's he's trying to look more like an elder cypherpunk.

56:07Rod Palmer I I don't know what he looks like, but it he if he could get some decent glasses, he would look a lot a lot better. But anyways, I I I said some disparaging things about him. You know, one of the biggest ones being that, he's British. And

56:28Rod Palmer I still think he would he should be, like, the first inductee into the Bitcoin podcast hall of fame. That's that's my, opinion. But I think he's just he's laid the groundwork for it. Like, the Michael Jordan of Bitcoin Podcasting hasn't come yet. He he was, like, the, Pistol Pete Maravich or, like, you know, one of these guys that came before Jordan that really, like, brought the NBA

56:55Rod Palmer into relevancy.

56:57Richard Greaser Yeah. He's the people listen to what Bitcoin did for years. Right? And he had so many brilliant people on there to explain the lightning network, how Bitcoin's working in politics, how it works on chain, how to use hardware wallets, how to use it to launch your macro podcast, your career.

57:17Richard Greaser But how to sell books, how to mine with Iron. It's how we learned about BlockFi. It's how we learned about Swan. It's how we learned about River. It's how we learned about all these other podcasts. It's, it's, it was really, our introduction into this world. Every but we listened to it,

57:37Richard Greaser and we're like every, it's been years and it's like, how does, how does Peter not understand this by now? Like how many times do you have to be explained how how to use a multi suit, what, and you still don't understand it? Like how are you still making these mistakes? How are you still gambling? And and so forth. And we thought he didn't learn anything. We thought Peter never learned anything. But now he's retired as podcast to like become the b pod, like the elder podcaster of his local community. He's, like, bringing in

58:06Richard Greaser private defense forces when the the government won't is it is not paying the police to for to protect. It's he's building up the soccer program. It's, he's fixing this. He's using Bitcoin to fix this,

58:20Richard Greaser for, for people who, you know, British people are not that, they're not that bright. It's obvious that they're not gonna do it themselves. They need, they need Bitcoin, and he's doing it. Yeah. I think it's important it's

58:33Rod Palmer it's important to make fun of Peter McCormick and to call him out for being a weak British man. But at the same time, I think it's important to really give him credit where credit is due. He educated the generation of Bitcoin podcasters that will determine the future. The guys that are getting hired onto these paper Bitcoin companies, the the guys that are engaged in politics, the the premier podcasters of these of today have been educated by Peter McCormick.

59:07Rod Palmer He was he was many of these people's first podcast that they ever listened to and learned anything from. And his legacy is is really been shaping the larger community for better and for worse. I I think we for the future that we're going into, there's there's no no place for people that go and interview presidents of countries in Metallica shirts

59:36Rod Palmer and slouch. That's, like, one of the really negative things that Peter McCormick did. There's no room for that in this future. That's plot

59:45Richard Greaser behavior. Yeah. It is it's important to know that the the engine of liquidity and growth, in The US, mainly for Bitcoin and these Bitcoin treasury companies

1:00:03Richard Greaser that that entire, you know, system is going to be built on the framework, of how Peter McCormick, you know, his influence. It's Peter McCormick holding us all together.

1:00:19Richard Greaser The podcasters are holding it all together.

1:00:23Rod Palmer One of the things that I think is really important is to make sure that, for the future of podcasting that everybody else in the world realizes that the Americans are the smartest people and that the British people are actually dumb. There's been a psy op I think I've talked about this a while back on this podcast, but there there's been a psy op of people thinking that British people are smart because they narrate all these

1:00:50Rod Palmer these movies. Every time you watch, like, medieval anything, they always speak in British for some reason. Like, you you watch that, that movie The Last Duel? No. It's pretty good. The guy that played Kylo Ren in Star Wars, I forgot what his name is. He's in a bunch of shit, but he was in a he was one of the main characters. But the movie takes place in France,

1:01:16Rod Palmer and they all speak in British accents. I just watched, because I was listening to Sly Goomba's podcast, and they were talking about Shogun on it and the Bushido of Bitcoin. Or maybe somebody else was talking about it, but that's how that came up. I became interested in it again. But they're speaking Portuguese in a British accent. They exploit these British accents on the world to think that British people are smart.

1:01:46Rod Palmer And look at British people, they're not very smart. They live on a shitty island. They're all grumpy. They're all poor, and they memes are illegal there. And they're they're not they're not smart. So we need to make sure that Bitcoin podcasters speak in American,

1:02:03Rod Palmer because America's the the epicenter of culture right now.

1:02:07Richard Greaser And And this is why but this is why I'm bullish. Because we're in the fourth turning, and Bitcoiners, Bitcoin podcast listeners, we've been ahead of this, we've been talking about how we are in the fourth turning

1:02:22Richard Greaser for five years now, we know. Part of the, part of the fourth turning, and perhaps the biggest, was the phase shift where people realize that when they are listening to a podcast, or a narration, or a news event be,

1:02:38Richard Greaser delivered to them by a British accent. We're no longer impressed by it. Now we know, alright, everything that comes out now is what we should not do. We don't wanna be like the British. We don't wanna be like the British Empire. So whatever they're gonna do, however they're gonna approach it, we are going to take the other, take the other side. And, I think a lot of people listen to Peter McCormick and were like, all right, now I know what not to do. Now I can go to, you know, go and go splinter off and go in the right direction. And that has been in time extremely valuable.

1:03:12Richard Greaser Everybody who's in charge of these paper Bitcoin companies, when, when the times get tough, what are they gonna think? They're gonna think, what would Peter McCormick do? Alright, I will do the opposite of that. Because that's not gonna work. That's for you. That's exactly what people expect. Right? Like, I'm not gonna do that. And that is, you know, I don't I think that perspective is pretty goddamn bullish.

1:03:36Rod Palmer Fuck. Yeah. It is. Yeah. There's there's there's a there's two sides of it, definitely, where some people have learned not to repeat Peter's mistakes and and other people have it.

1:03:50Rod Palmer And I think one of the great things about American culture is the attitude and just importance on noncompliance in this country's history or I wouldn't even say country, but region, this region's history. And that's something, you know, a lot of these,

1:04:09Rod Palmer Europoreans don't have. They don't have that attitude of noncompliance.

1:04:14Richard Greaser The other thing about paper Bitcoin, Summer, it's a great example, to contrast it with what Bitcoin did and Peter McCormick is that a lot of people see they don't understand that, like, the the rise in popularity, the rise in value, the rise in poor end,

1:04:32Richard Greaser strength, and the rise in signal, like the messaging, like the in the popularity of it and the value of it just because you don't agree with it, what it's, you know, what you're hearing literally, you know, there's a reason that it's so powerful, there's a reason the price is high, there's a reason for the the high valuation, and you should always

1:04:55Richard Greaser look at it from, objective perspective and and smoke a cigarette and and consider

1:05:03Rod Palmer its impact. It's well said. Yeah. One of the things that Peter needs to understand is, people listen to his podcast not because they thought he was smart or because he had a good guest, but they they thought he sounded smart because he had a British accent. And that's just not that that's not gonna fly anymore in the world we're going in. But yeah.

1:05:24Richard Greaser I'm ready for the, do you have any other, thoughts on on McCormick or stablecoins or paper Bitcoin summer to, wrap this up before we go to the fountain boost? Or

1:05:38Rod Palmer No. I'm excited to go to the fountain boost. I think we should go right now. We got some long ones too. Some people are writing us books this week. Trevor Agora at fountain.ffm5000 stats says, the boomers are the spoiled generation that wasted their inherited wealth. At least they made the greatest music until now. Generation x had the best generation x

1:06:08Rod Palmer fucking sucked at music. Imagine comparing, like, Bob Dylan or, like I've been getting into Bob Dylan, but imagine comparing, like, Creedence Clearwater

1:06:22Rod Palmer Revival, Rolling Stones, or anything like that to, Nirvana. Yeah. Imagine, like, comparing the doors to, you know, Pearl Jam.

1:06:37Rod Palmer It's ins it's insulting. Unbelievable. Generation x had the best childhood in the seventies and eighties, but are the first Americans to be worse off financially than their parents? Well, in recent history, not in total history of America. Satoshi is the Gen X, and they are the silent generation that will redistribute the wealth. The millennials came

1:07:05Rod Palmer of age during the great recession. They never got a break and had the fewest children. That's why they say, okay, boomer, when boomers tell them not to complain. The Zoomers will be the hard pioneers that create good times. Interesting.

1:07:19Richard Greaser I'd say I feel like his, his interpretation of, how this plays out in the four turning, which generations, like, I feel like he's one behind

1:07:32Richard Greaser where I interpret it, but if he's right then we have a lot longer before I don't think the the he thinks the broccoli haircuts are gonna save the world. He thinks that the the feature's gonna be built by broccoli haircut zoomers. So I think maybe the argument that, Zoom or the broccoli haircuts are gonna use AI to like kind of leapfrog and take the boomers money and rip off and just basically fleece the boomers for all their, all their Bitcoins and all their tether. Honestly, I

1:08:06Richard Greaser I could see

1:08:07Rod Palmer it. I could see the argument. It's interesting. I have faith in the millennials. I think the Gen X millennials and and Zoomers can defeat the the the boomers.

1:08:16Richard Greaser Yeah. I think, it's it's the millennials, they're just catching up to the user experience, but, with AI, I think that it's gonna it's gonna benefit the broccoli haircuts early, but I think the millennials catch you up and we're just we're smarter. I think we've got more experience. Thank you, Trevor Agora. The next one, Cody, he's our boy. He's always,

1:08:40Richard Greaser interacting on on Noster. Love that app. Not Your Tease, Not Your Problem. The song at the end is Fire. So I think he is referring to artist money ever printed, which,

1:08:56Richard Greaser there was the big hit until we just had one. Eyes dropped on Friday. Paper made Men is a banger. It's, it's kind of a dance track. It's it's hot. It's hot. It's people are saying it is hot. But hardest money ever printed is also pretty hot.

1:09:16Rod Palmer I wanna learn how to shuffle dance to your song. Hell yeah. If any anybody knows how to shuffle dance, do do a video to Rod's song, get that trend on TikTok.

1:09:28Richard Greaser Get paid for Bitcoin trending on TikTok.

1:09:31Rod Palmer Yeah. Code Cody, if you like that song, listen to the song at the outro of this song or episode. It's it's killers. Nobody want you to wave like right now.

1:09:42Richard Greaser And if you want to annoy some grumpy Maxis, you get it. You get evidence that paper Bitcoin's trending on TikTok that will oh, their their grump their grumps will will be heard around the world.

1:09:58Rod Palmer Somebody needs to get paper Bitcoin somewhere trending on TikTok

1:10:02Richard Greaser Oh man, if they hear their kid, like one of their fucking high middle school daughters is singing paper Bitcoin songs, at Sunday dinner, dude, they're they're gonna go nuts. They're gonna crash out on Twitter.

1:10:16Rod Palmer What do you think would make them more upset, having their teenage daughter singing,

1:10:20Richard Greaser a Nicki Minaj song or see singing a paper Bitcoin song? That's a good question, man. It's almost like, I'd rather my daughter listen to Taylor Swift in her bedroom than yell than Paper Made Men. Yeah. I feel the same, actually.

1:10:32Rod Palmer I feel I feel like paper Bitcoin music should be, shouldn't allow your child children to listen to it until they're 18.

1:10:41Richard Greaser Yeah. Pro parental advisory should be going on this stuff.

1:10:45Rod Palmer Or or at least some supervision. Yeah. Thanks, Cody. All his, 1010 says, rip Pledeter, he killed his Twitter account today. Well, that's old news. Pledeter is back, baby. I'm so stoked.

1:11:05Rod Palmer I was really sad when Pledeter left. He's one of my favorite people on Twitter.

1:11:11Richard Greaser One thing, that I learned during this whole Pleditor thing was that a lot of people noticed Pleditor. When he, deactivated his account, we got so many DMs boosts on found that I mean, we're getting stuff on Noster, letting us know that Teder everybody wanted to be the first to let us know everybody wanted to be the first to get the tip out to the bugle

1:11:36Richard Greaser that Pleasurer had deactivated. And that's and that's, you know, that was great, great to see. We were I could get per dose to show that we were definitely first out there reporting on,

1:11:52Richard Greaser on Pleasurer's importance of of keeping policing the timeline on most of our algorithms.

1:11:60Rod Palmer I think what he probably realized is that there was nowhere that he could hide from paper Bitcoin, because he went under Nasr, and then all of a sudden Nasr turned into paper Bitcoin Nasr. And the paper Bitcoiners are gonna follow Plutator wherever he goes. There's there's no there's no Journalists.

1:12:19Richard Greaser Yeah. Journalists, like us, and, people, you know, like Wabka and and Rob Hamilton who it's a, you know, they take pride in telling waking up in the morning and telling Pledger that they hope he has a nice day. And Pledger cannot hide

1:12:36Richard Greaser from, from people who want to tell him to have a nice day or from journalists who wanna know which scams he's calling out next because we wanna report that. And I think paper Bitcoin summer for Cleditor would just, would just be

1:12:56Richard Greaser realizing we all want him around. We, we miss you Cleditor and we want you to be a part of Bitcoin Twitter. You make Bitcoin Twitter what it is, and we want you to come to conferences. We want, Platitor's influence in this ecosystem. So come back man, you, you, otherwise we will find you because we wanna know what you think

1:13:17Richard Greaser about the latest fucking,

1:13:19Rod Palmer you know, style that Corey of Clifton and Swamp Bolt. We wanna know. Yeah. Think of it kinda like, search and rescue. If Plutator gets lost in the weeds, there's a team out there willing to to go retrieve him, bring him back. We won't we will not leave Pledger behind to get Bitcoin derangement syndrome. He got quoted he got quoted in something this week. Because that was it a Wall Street Journal? It it was, like, a big news publication. He he shared, he shared,

1:13:48Richard Greaser a citation that he received by the BBC news news network, back from like late twenty twenty three. Everybody was, you know, kind of hyped about the ETF, hyped about new regulatory clarity, hyped about these different things, the bankruptcies coming to an end, SBS went to prison.

1:14:10Richard Greaser But, Flatir was calling out El Salvador and Naya Bicalle for, not having proof of reserves and they're lying about their proof of reserves in El Salvador, and BBC cited Pleditor which Pleditor did not mention in his post, but if you read it, he cited Pleditor as a crypto investor.

1:14:32Richard Greaser Why? Yeah, I think the important thing is Pledders invited the paper Bitcoin summer.

1:14:43Rod Palmer I learned something really interesting, this week that you could do if you're a media organization is, if you if the government or or an organization is not responding with what their actual Bitcoin holdings are and there's question about it, you can just say that the on chain

1:15:05Rod Palmer analytics support that they actually have the funds. You don't actually have to Right. Right. Prove that with on chain analytics, but you can just say that, and then the public population believes it. But yeah. Anyways, thanks, Blizzard,

1:15:23Rod Palmer for the boost.

1:15:25Richard Greaser Next one, Pies Our Man. If you haven't, is on the Otis Spittmeyer, the Sound Coffee podcast, Pies, had an interview on that. I think it's his first podcast interview. If you haven't heard it, you have to go listen to it.

1:15:43Richard Greaser But Pies is back. He's always considering dropping his forty hours per week, but, I mean, Pies Pies is a his calling is to be a Bitcoin podcast listener, and he Pies can't he can't avoid his calling. He gave us a thousand sats, American flag equals number one salute salute salute flex.

1:16:06Rod Palmer I is is a good podcast guest too. I think he might be called to be a podcast guest. Who knows? He might turn into a podcaster himself someday. But, yeah, it it being on the coffee podcast this week was, with Otis Bittmeyer. That was epic. First introduction, first words uttered.

1:16:26Rod Palmer Hi. I'm Pies the retard. Absolutely, girl.

1:16:32Richard Greaser Pies, I think would I would love to listen to, you know, on the job podcast with Pies. Like, he's giving a Bitcoin podcast while he's, he's on the job. He's jacking hammering. I mean, listen, the the this the noise in the background is gonna be a little the user experience as a listener for Pies podcast probably did a little bit rough in the beginning.

1:16:55Richard Greaser But like all good things, I think it would be worth it if Pies had a on the job where he just podcasted on the job. This is my take.

1:17:05Rod Palmer Absolutely. Woah. Woah. Excuse me. Good. Thank you, Pies. Next boost, Turkey, 500¢. Appreciate it, Turkey. I'll read the next.

1:17:19Richard Greaser Yeah. Yep.

1:17:20Rod Palmer Or do you want the long one or do you want the short one?

1:17:23Richard Greaser I'll do the short one. We got, Lutie. I think that's how you say it. 500, so that's very interesting take on things. I'll definitely be tuning in more often. Thank you, Lutie. I did you listen again? Or is this more again, if that was how you found us? Because, that's one of the nicest, first listeners of things anybody ever said, so

1:17:48Richard Greaser we keep coming in. What Luty's biles

1:17:51Rod Palmer bio says, concrete family man, anarchist that enjoys gardening. History, Bitcoin, gym, pattern, recognizer, Christ is king, trying to build a little homestead, go hawk. Sounds like some pioneer to me. That's a pioneer. It sounds it sounds like an intellectual Silk Road, resume or, you know, or bio. Let us know, Rudy, what your, political pronouns are next week. Thank you for the boost. Thanks for listening. Looks like the second to last boost is from ChillNow. 04/1944 says,

1:18:24Rod Palmer quarter transformation initiate paper Bitcoin summer of worship boomers offering your offspring to Molai configuring personal evolution. Saturn retrograde start. Take full responsibility

1:18:39Rod Palmer for your inner force. L one t equals t one h dash moon dash sun grand thrine. Is this all astrology stuff? This might be a little bit too rough. So so,

1:18:56Richard Greaser this is it looks like a, a flavor, if you will, of what's called x x and o. So you got, like, when APIs when computers talk to each other, they either send, like, JSON, which is like JavaScript notation,

1:19:14Richard Greaser or they attend XML format, and they put instructions or data into those formats. This looks like a a, maybe like a non KYC XML. And so the you have to read this for yourself, especially if you know code. You know, it's got its, its structure, its brackets, its arguments

1:19:36Richard Greaser in the, bracketed strings. So Saturn and retrograde equals start, you know, so that's kind of telling you where the program is supposed to start reading it. So if you're a coder, you might be able to come translate this for us. But it is instructions for a new, it's very high level instruction for setting the divide in the context of the Pughal

1:20:02Richard Greaser Verse. I think that's what they're trying to, to to program there. That's my interpretation. It's a new Should I copy and

1:20:12Rod Palmer paste this into my terminal and see what happens?

1:20:16Richard Greaser Definitely not. Definitely not. Do not open that, especially in Windows. If you don't have good, if you don't have good software, this is like, you don't want to accidentally take too much DMT and you don't want to download like this, it's like, it would be like a DMT experience for your computer. And the user experience might be a little too hard for you to figure out

1:20:38Rod Palmer if this thing runs locally. Yeah. It definitely has the, syntax of computer code. It's very interesting. I'm not I'm not reading it super specifically because it would take me forever, but yeah. Go and read it. The healing trinity invites your subconscious fear of punishment to dissolve in the healing

1:20:57Rod Palmer powers of water. That seems to, be a hint at Lake Satoshi to me. Tell the feds you lost your keys in a boating accident. You can also do that at Lake Satoshi. Conflict

1:21:12Rod Palmer executed. So it's like the end tag. Complacency in the circular economy requires you to redefine generosity. Execute reclamation and then

1:21:30Rod Palmer a,

1:21:31Richard Greaser We'll have to get somebody who knows, who knows Rust to get on here and interpret this for us.

1:21:39Rod Palmer It it redirects to it's got a link to a picture of, like, like a Greek statue of a woman smoking a cigarette. Interesting. It sounds it sounds it sounds like, the the universe is turning towards having,

1:21:53Richard Greaser thermodynamically sound Karens. Again, moms who smoked like, yeah, the archetype of a good mother, like a mother who smoked cigarettes.

1:22:00Rod Palmer There's gonna be some mothers smoking cigarettes at Lake Satoshi. That's for sure. Oh, I'm stoked for Lake Satoshi.

1:22:09Richard Greaser Hell, yeah. Last one is, BGC on board. Good old faithful 300 sets. Thumbs up. Salute. BGC on board. I don't know if I mean, he's definitely up there with Pies as listening and boosting the most podcasts. When it comes to our podcast,

1:22:28Richard Greaser kind of Pies takes his, his vacations from forty hours per week. DTCP on board might be our top producer in terms of volume. Anyways, so BGC on board, thank you for being our potentially new top. I have to audit that.

1:22:46Rod Palmer I'd love to meet you someday. Yeah. Definitely the most consistent booster that we've had. Consistency adds up. It adds up. Alright, folks. Well, I think that's all we got for today. Go read fundamentals book. We'll have a,

1:23:07Rod Palmer link to that in the show notes. Excited about Lake Satoshi coming up here pretty soon. Go check that out. Hope to see you there.

1:23:17Richard Greaser Yeah. Fundamentals book, Bitcoin for Institutions, that is one of the best books to talk about and to recommend at a paper Bitcoin summer party.

1:23:29Richard Greaser So if somebody's there, they will probably like fundamentals book, should probably recommend it to them, give them a chance to show a suit coin or how to use the Zeus lightning wallet, to get your PDF copy or get the hard copy. Perfect book for it made a v book for a penny for Bitcoin summer. I can't take it for a dollar 1. I would absolutely

1:23:51Rod Palmer agree. And, also, before right after this, you're gonna hear Ron Palmer's song. It's a banger. Go over to wavelake.com.

1:24:03Rod Palmer It's currently trending number one. Go boost it there. Go go go keep it number one. Let's try and keep this one number one for all of paper Bitcoin summer. This is a this is a great song.

1:24:18Richard Greaser Anyways Worthy

1:24:20Rod Palmer worthy of the cause. If you're listening to this Monday, I'm gonna be doing a music show tonight. I'm doing those periodically. Unfortunately, zap. Stream is down, so it'll be on, Twitter and YouTube. But, we'll definitely be jamming out to paper made men on that one. Anyways, thank you everybody for tuning into this show. This is the Bugle Weekly, the most thermodynamically sound podcast in the world. Tell your friends. Don't don't tell strangers. Practice good offset. Go, go tell your friends about the Bugle Weekly. Go and shill.

1:24:56Rod Palmer The most thermodynamically podcast in the world is Richard Grieser. We'll catch you on the next one.

1:25:04Richard Greaser And, yeah. Just remember, pay for Bitcoin summer is the beginning of a new era, the era of paper made men. But the charts made it feel like destiny. Paper gains

1:25:24Richard Greaser in the highlight. Back to the paper Bitcoin,

1:25:42Rod Palmer summer

1:26:17Richard Greaser They told us not your keys, not your coin, but the announcements. The filings felt so divine. So we offered up the keys to the gods of black rock, pure infidelity.

1:26:32Richard Greaser No seed phrase, no load, just vibes and exposure. Self custody was a robbing of disclosure and math dreams, institutional dreams.

1:27:51Richard Greaser It was never about the coin. It was always