Transcript
Transcript: White Goy Summer Headwinds | Bugle Weekly Episode 112
0:00Shinobi Some people ask me, Shinobi, why do you drink? The answer is simple. I have to deal with all the absolutely retarded bitcoiners on a daily basis. So, I decided if I have to deal with all you fucking morons,
0:17Shinobi then you have to deal with me on my terms. Welcome to Cooking with Shinobi. Cooking with Shinobi is just me cooking whatever the fuck I want, drinking whatever the fuck I want, and talking about whatever the fuck I want, whether you like it or not. So sit back, pour yourself a tall glass of Macallan meat,
0:47Shinobi and sip along as I cook some delicious sukiyaki or a succulent shabu shabu, and tell you why Bitcoin will absolutely fucking fail if it doesn't solve the problems I need for it to solve so I can orange pill liberal chicks. You can check out Cooking with Shinobi wherever I decide to release the episodes,
1:11Shinobi whenever I decide to release the episodes. You won't wanna miss it.
1:23Rod Palmer Emergency Bitcoin podcast, ladies and gentlemen. We are here. The 58 ks jang is coming out of the favelas. They are ready with their with their Plebs swap weapons. They're ready to go. The DPAK gang is rubbing their hands together, licking their chops.
1:43Rod Palmer Bitcoin, it's a bloodbath out there. The Iran war has basically restarted. They're blowing up airports in Kuwait. Plans are crashing out. Founders of Shitcoins, Charles Hoskinson, among others,
1:58Rod Palmer chimping out, the bankless guys, David, whatever those dorks names are, they're they've been wiped out. CCash, huge exploit,
2:11Rod Palmer infinite supply inflation bug has been open and available for the past four years, and they have zero ability to verify
2:23Rod Palmer that the inflation bug wasn't exploited. They're deep deep. Lap Shane Otter, Pierre Ochart, is not they can't even get they couldn't give him access to audit the Zcash supply if they wanted to. They painted themselves into a quarter.
2:41Rod Palmer It's too private. Not even the most sophisticated Cipher bots are able to, audit supply supply Zcash. It's a mess. I think Zcash is down 40%. Bitcoin is, I think, teetering. We're we're at, like, 61
2:56Rod Palmer k right now. I think the last time we were here, we talked to you guys, we're about 70 k. It's been a bad week. And not only that, Bitcoin creator Bitcoin called Todd Tomf, was kind of having a tower of Babel moment. Forking off into, as Michael Saylor, posted today,
3:19Rod Palmer four different ideologies. And we can talk about that in a bit, but it is it's there's just a lot of uncertainty right now. Everybody's glazed in AI, nobody gives a shit about Bitcoin. Our family members, our friends who we had we had them buy the retirement accounts in 2020, they're they're at zero gains right now.
3:44Rod Palmer Five years if you bought Bitcoin five years ago, you were you were down. That the all your models are destroyed.
3:52Richard Greaser Are are are you still feeling bullish, Richard? Well, I'm not feeling bullish for the plaids. That's for sure. Yeah. Generally, for individuals that I've listened to too many Bitcoin podcasts not to be bullish. I I am kinda shocked by the the price action, and and maybe this is, like, naive on on my part. I expect a Bitcoin to be at around $2,000,000,000,000 per USCT per coin
4:24Richard Greaser right now. And so I I'm kinda shocked at the dramatic, downfall, but I think the the big lesson that we've learned is that movements built on top of Club Slop are easily dismantled and fall apart. And I I think that's the the overarching
4:43Richard Greaser lesson that that many people are resisting right now and,
4:47Rod Palmer trying to avoid. Build your group chat, build your podcast, build your meetup on a solid foundation. Do not build
4:59Rod Palmer your community on Blevslaw. Even though they're they're having a great time right now, I mean, it it couldn't be more perfect that the BearChat is at all time highs during Pride Month. The BearChat has built
5:20Rod Palmer their community on Club slot. And they they they'll have their come up and store right now, players caught on many podcasters. It's there is not feeling bullish and they they shouldn't be feeling bullish. If you if you organized your life around
5:42Rod Palmer retiring after four years of holding Bitcoin and you're going to the moon and, you know, living in El Salvador in a mansion next to Max Keiser and you need to plan that out in 2021,
5:57Rod Palmer and you had no other plan, you were on zero. I mean, you might be facing homelessness at this point. I mean, we're talking people were talking about liquidations for Michael Sailor again David Bailey and Nakamoto again. If David Bailey
6:16Rod Palmer and Michael Sailor can't escape the permanent underclass
6:21Richard Greaser What hope the plebs have? Yeah. I mean, what we're seeing right now is just a general identity crisis across the board of people don't know who they are without the plug slot, without, you know, the this firm belief. And,
6:42Richard Greaser I think one of the I mean, I don't know what people were expecting that all they had to do was, sign in to their their KYC exchange and, you know, buy a cold card and, like, the that central banking and and the end of fiat currency was going to be a walk in the park.
7:06Richard Greaser I mean, it seems like things are kind of coming to fruition and things are getting difficult. And there's a lot of I mean, you can't take on a a multi trillion dollar industry and take on, you know, the smartest Jews in the world and think it's going to be an easy process. But, yeah, I mean, what what I see the market hat, you know, doing right now, it it it seems like the individuals in power, they're they're nervous about white boy summer, and they're trying to make it as difficult as possible for
7:41Richard Greaser individuals to stay calm, cool, collected, to stay focused on their wives' tits, stay focused on their local community. They're trying to suck people back into monitoring the situation because there's there's nothing more threatening to them than losing the attention of the They they they
8:06Rod Palmer Labs kinda, like, built this idea that once the the once the COVID wave kind of subsided, once we hit hyper Bitcoinization
8:19Rod Palmer the gradually and suddenly part played out the Omega candle, rose through the clouds that they would be that everybody in their their community their church their work their old job at least, their family was going to come and say, you were right about everything. Everything that you predicted, everything that you told me during the COVID lockdowns, during the global recession
8:46Rod Palmer when QE was pulled by the Federal Reserve. Like, when times were darkest, I should have listened to you because you were right. When you tried to orange pill me and and and you gave me those Bitcoin books and sent me those articles and podcasts, I should have listened to those because you were right. And they thought they were gonna be the main character they thought that financial advisors
9:07Rod Palmer and Wall Street banks were gonna shut down because there was no need for investment anymore. Everybody was just gonna hold Bitcoin and I was gonna be the most profitable most rational investment or savings, philosophy and a lot of plebs a lot of not even plebs a lot of SeaCoins as well they promised their wife
9:27Rod Palmer faith tips when Bitcoin hit 200 ks, and that 200 ks never came. So now they are stuck with a wife who has saggy titties, small titties, no milkers to be proud of, they sold their car, they sold all their chairs, they sold everything, they mortgaged their future
9:49Rod Palmer on the expectation that Bitcoin was going to go to the moon, and they were going to be the main character in their own story forever from that point on. And then the first turning came and disrupted everybody's
10:07Rod Palmer narratives, disrupted everybody's timelines, and they had no plan. And getting back to the the sailor and cyclical,
10:20Rod Palmer as a result, we're seeing crash outs in a cultural fork. Now, have you had a chance yet to read Michael Sailor's, his post today?
10:34Richard Greaser I I have not.
10:36Rod Palmer Okay. Well, the the if you go to the bugle timeline, we summed it up for you, like the pope wrote his encyclical about AI, Michael Saylor wrote is about Bitcoin in the in the it basically boils down to Bitcoin must serve plebs, sue coiners, shit coiners in debts not concentrate power
10:57Rod Palmer through purity tests. And it lists Michael Saylor list taxonomizes these cultures calls them the Bitcoin capitalists, the Bitcoin technologists, the Bitcoin maximalists, and the Bitcoin fundamentalists.
11:12Rod Palmer And you see this split and we've been talking about them. We've been talking about the plex slot and the Nazis forking off from the culture. We've been talking about the suit coiners kind of forging off culturally and kind of going with Sailor and like the Wall Street guys.
11:31Rod Palmer And you kind of have the cypher punks that that's kinda I don't know if they're necessarily forking off. Maybe that's like the base that they're gonna you know, core remains the implementation reference. The devs, the cypherpunks remain the implementation reference or the reference of implementation. And then you kinda have the the plebs who didn't fork off to the Nazis. They're kinda just like the the old school maximus. And then the fun the the Nazis are the fundamentalists. And
12:04Rod Palmer I don't know if that's gonna result in four different node implementations. If you have not for the plebs production ready for the the maximalists who stay behind, you know, BlackRock and Coinbase
12:21Rod Palmer and using Bitcoin Core for the seedcoiners and then the Cypherpunks are using, you know, Le Bitcoin or Libre Relay or maybe they're gonna use Pulse for Zcash, I don't know. But do do you think that this is a good development or do you think that at least in the short term that this is going to be
12:43Rod Palmer problematic for NGU?
12:46Richard Greaser Well, I think the biggest winners here are the individuals that have real skill sets and kinda earn Bitcoin in the process because, like, all these get on zero folks, they're gonna, you know, find it on an ad on advantageous to, get out of I mean, it seems like a really bad time to be taking out Bitcoin backed loans and things like that, many many of those ideas that were promoted to people. And I think people are just gonna be in the position where they're looking to sell their Bitcoin. You know, and it's like,
13:20Richard Greaser there there's gonna be all these individuals and, you know, services is like, I could barely afford my taxes. I gotta feed my family. I'm gonna go buy some soap miner, so for the family so that they can get clean. Or, my neighborhood isn't prepared for the first turning, yet they're still living in the first turning mindset. I need to go buy
13:46Richard Greaser some ammunition. I'm gonna buy it from Phoenix ammunition, you know, and pay Bitcoin instead of going to a local gun store. I gotta feed feed my family, so I'm gonna go to Steak and Shake, and buy me a coin. And I think it it's like individuals like that that are in a good position
14:12Richard Greaser in in this type of situation to be, you know, earning Bitcoin, from services, people like Rev Huddle, people in the mesh Adele that actually, like, do real things versus, the individuals that try to make a career out of Pub Slobs. So, like, you know, people like Tomer, I think, are in a tough position. But, yeah, I mean, it's it it's,
14:43Richard Greaser it's times like these where where people there's been a lot of people that have been spewing about the importance of free markets. Right? And, you know, people like free markets if they think that they're going to win from it, and they they thought they were gonna win from it. But right now, you know, when the market doesn't behave in the way that they expected it to, they may have changed their opinions on on that, you know, want bailouts. Like, they I I think we'll probably see a clamoring of people demanding that there'd be
15:17Richard Greaser more movement on the SBR, things like that. But the, you know, the fracturing of of the cultures, it was always going to I think we all knew it was gonna happen at some point, for sure.
15:33Rod Palmer Well, yeah. In in the politics side of culture, you've got a lot of pushback on artificial intelligence on data centers, and you've got Bernie Sanders, proposing a bill that would give the Plaids
15:50Rod Palmer 50% stake in these companies like Anthropic and and and just the broader AI industry. And then you have,
16:05Rod Palmer Cynthia Launice, Senator Launice. She's kind of proposing and ask you know, she's really pushing the strategic Bitcoin reserve. This is kind of the socialist response or the socialist answer like Bernie Sanders wants to give the Plebs ownership in AI Cynthia Wallis wants to give the Plebs ownership
16:28Rod Palmer in Bitcoin through the strategic Bitcoin reserve. I don't think either side is gonna win. I don't think that we're gonna get the strategic Bitcoin reserve at least the way that people think about it and are are promoting it. I don't think that that that's gonna get 50%, stake in Anthropic. The absolutely not. I mean, there'd be Plex can be exit liquidity for the Anthropic IPO, but they're not just gonna get 50% stake.
16:56Rod Palmer But even if they did, this will not benefit you. You will not benefit from you personally, your family will not benefit from a strategic Bitcoin reserve. Or 50% stake in Anthroic, what does that even mean? I don't know, are they gonna tokenize Anthropic shares and you're gonna be able to sell it on on Robinhood? I doubt it.
17:22Rod Palmer They're gonna use that money to give to Somalians and to give to Medicare fraud and to give to, trans, you know, trans surgeries for military soldiers who are willing to go fight in The Middle East and and get hit by drones, in the Strait Of Hormiz. So I think there may be some temptation
17:45Rod Palmer for plebs who feel down and out maybe that they can't afford the future, they can't afford their taxes, that they want the strategic Bitcoin reserve? Well, I I it's just a road that you don't want to go down. It is a waste of a waste of your time. You're much better off spending your time listening to forty hours of Bitcoin podcast per week because that's never been more important than it is right now.
18:12Richard Greaser Yeah. I mean, I think we we made a tactical mistake. I think, you know, I was kind of hesitant to support the SBR, But had I known that Bitcoin would perform as poorly as it has over the last year, I would have been much more supportive of the SBR because it seems like it might have been one of the more effective ways to defund the state.
18:34Rod Palmer Can you elaborate?
18:36Richard Greaser Well, I mean, if you you get the government to to buy, an asset that depreciates measured in USDT
18:45Rod Palmer dramatically, you're essentially defunding it. But Yeah. So we said so I guess we missed the window. We missed the opportunity for a good outcome of a strategic Bitcoin reserve
19:01Rod Palmer is closed. If if the government bought a million Bitcoins at the top 126,000 and then you know it crashed and the and the US government went bankrupt Then we would have won. But if they didn't do it, they they sold the Bitcoin to David Bailey.
19:24Rod Palmer And now he is the one who is, you know, facing this he he has a lot of, you know, and and Corey at Seaquance. They named Corey and David, the bag holders instead of Trump. Trump basically,
19:42Rod Palmer he pulled, you know, he pulled a fast one. He go aced Bitcoin convinced all of his, his simps, his political simps to buy the top and then he bombed Iran and
19:57Rod Palmer drove up energy prices to put miners out of business so his friends at the AI, industry could, you know, use their subsidized budgets to for a higher it's Let's go absolutely
20:14Rod Palmer goodwinked. Let's go headwinked by Dom Trunk, and now they're blamed, you know, they're mad at Trump. They're blaming TV. Hey, hey, why you're so And, boy, all this anger, all this hatred to white boy summer is very simply,
20:31Rod Palmer lettuce are reaping what they've sowed. And nobody likes to reap what they've sowed.
20:40Richard Greaser Unless you've said well. But yeah. I mean, I think a lot of people are just left scratching their heads right now because, like, almost every bullish indicator possible has happened for Bitcoin, and the price has just collapsed. I mean, you've got Wall Street supposedly being all in on it. You've got everybody and their mother, you know, trying to launch a paper Bitcoin company.
21:05Richard Greaser You've got, you know, information coming out, which is super bullish indicator that, you know, many, like, core developers through the years have been involved with Jeffrey Jeffrey Epstein. If anything, that should be,
21:22Unknown you know, a bullish indicator.
21:24Richard Greaser You know, Donald Trump and his family are just full blown degenerate shit coining. They're throwing meme coin conferences. Scott Bessent, you know, talking about liking bottoms and, you know, buying the dip. I ran
21:45Richard Greaser playing, you know, playing out some some very real game theory by collecting tolls using Bitcoin,
21:52Rod Palmer Kim Jong Un Airsoft and lightning. Iran announced yesterday that they had self lightning payments for the Strait Of Hormones. They understand the need for privacy and they want you to be able to transit the state of Hormuz
22:08Rod Palmer and have private transactions and now that we know that Zcash is effectively dead, the only solution is Lightning, and it was better than Zcash anyways. And I'll I'll I'll let you continue. Sorry. Sorry for interrupting.
22:29Richard Greaser I mean, Kim Jong Un consistently adding Bitcoin to their strategic reserve, Dennis Porter being back from North Korea, hanging out in the White House, orange peeling, politicians left and right. It it seems like every bullish indicator
22:46Richard Greaser possible is happening simultaneously. And yet the price is making everybody grumpy. I don't know. I mean, I've been on Twitter the last few days, and I think it's
22:59Rod Palmer That's what Grant Cardone said yesterday. He's like, I don't know how many more bullish announcements. We've never had a higher amount of bullish announcements about Bitcoin and yet here we are at 60 ks.
23:15Rod Palmer He's like, I don't think there's any announcement that is bullish enough to move this price up and I'm starting to think he's right because in 2020 if Iran was taking lightning to cross the street of Hormuz that would have sent us for 40 to 150 in five minutes.
23:35Rod Palmer A troll tweeting that Walmart was going to announce that they are integrating Bitcoin in their next, you know, reporting, sales call or reporting earnings call that move that could move maybe one five or 6% up in one day is
23:54Rod Palmer I don't know where the the I don't feel like the growth is gonna come from but it's not gonna come from bullish announcements. Well, Bitcoin seems to have decoupled from bullish announcements a long time ago,
24:07Richard Greaser at least for a couple of years now. And, a lot of people are wondering when Bitcoin was going to decouple from the S and P 500. It seems like that's already happened. I don't know
24:20Rod Palmer Why? It's too early to say what's really going on, what's gonna happen next. So, you know, I think
24:33Rod Palmer is the only time to put a bite on on this post mortem of the bloodbath this week. One piece of very bullish, announcements, so to speak. If you are
24:49Rod Palmer a Democrat, Mike Brock announced earlier this week that Donald Trump was dead and that they were using AI recordings or, you know, AI generated voices to negotiate with Iran
25:10Rod Palmer because Trump died on on Monday morning. Turns out that Trump is not dead at least, at least they found a very good body double if he if he is. And Mike Barack, you know, said he stayed his reputation on this. He had to walk it back. You know, it is crazy. It was a crazy it was a crazy thing. Mike Brock, we talked about him. He's a little bit detached reality, but Mike he's he started his first his podcast and he's now kind of like venturing into the world of journalism and he's finding out, similar to Nikko from Simply Bitcoin and Will Foxley,
25:50Rod Palmer for Blackface that being a credentialed journalist a lot that's a lot easier than it really is. It's more than just posting,
26:00Rod Palmer breaking just in, new, lots of slouch headwats. You have to get these headlines right. If you were a lot of people are like syndicates of Walter Bloomberg and Watcher Guru, and P Rizzo slot headlines and they get a lot of good engagement.
26:18Rod Palmer Bitcoin therapists, you know, Bitcoin Teddy, they did get a lot of money being syndicators. But if you want to be the one breaking the new headlines that these other plump sloppers distribute, you gotta be right. You don't you really don't get don't get much leeway
26:38Rod Palmer to fuck this up and then still have legitimacy. And, you know, you can you can mess up, you can get little things wrong here and there, but just come in straight out and say that Donald Trump is dead. Just a few weeks after we went through all this with Beatty, Eddie, that's it's gonna be hard to come back from this one. There seems to be a consistent thing that happens,
27:03Richard Greaser in in the world of, like, Kayfabe politics is, there's so much derangement happening across the board. And I I think one thing that the kind of establishment media
27:23Richard Greaser has been slowly figuring out, very slowly and painfully, is that having some sort of derangement syndrome and being a good journalist or not, they don't go well together at all. And they I think that, you know, like, one of the things that they have trouble with is they see all these podcasters, they see people like Alex Jones,
27:49Richard Greaser and all the success that they're having thinking that, you know, the success is based on the derangement syndrome. But I think at the end of the day, it's like, the thing that they haven't realized is that it's not actual derangement syndrome. It's just it's grift. And, I think that's where Mike Brock is failing
28:14Richard Greaser and where he needs to learn from people like Hasan Piker and Destiny and, you know, other left wing individuals that have had very successful media careers, is that he's just getting dog walked around. Like, he he's out of his depth. Like, he he does not have what it takes
28:38Richard Greaser to be a credentialed journalist. He's used to being a sophisticated philosopher and he thinks he can he can flash those credentials, in the world of journalism. But it it this is, you know, a tried and and true method, where
28:58Richard Greaser individuals will say that, you know, the political opponent that people are freaking out about. You remember how a lot of people thought Biden was dead many multiple times? That he had body doubles.
29:13Rod Palmer Body doubles. I mean, the the right is going through everything that the left went through, you know, two years ago. Donald Trump was there was a video, everybody's making fun of him because he forwarded, on a live thing, you know, Biden went to the same thing where everybody flipped his pants in France.
29:35Rod Palmer People say he's dead. People say he's, you know, he's looking very unwell. People commenting on his his mental decline. People who have tied their boat to Donald Trump's success and, like, made that their own success, they're just they're struggling similar to the, you know,
29:53Rod Palmer to the Biden steps. And the problem with the problem with Mike, you gotta nail it with like he's gotta take first of all most people are not cut out to be credentialed journalists. Let me say that. Is it is actually okay to have a derangement syndrome as long as that derangement syndrome is part of your cafe. You can't have a true derangement syndrome. You have to cleanse your heart of the derangement syndrome.
30:19Rod Palmer And you kinda have to detach yourself, detach your ego from whatever it is you're deranged about if you want to be successful in this business because it's just like the no coiners who they dance on Bitcoin's grave during a bear market and it's like, Vladimir and Neil Jacobs have saved those receipts.
30:40Rod Palmer They're going to come back to haunt you in a year or two. You just you have to you have to detach yourself you have to hold back and not
30:52Rod Palmer give in to your impulses to think that you've won just because you've seen a couple of bullish announcements in your favor. Because if you live in a lot of bullish announcements, you will die about the by the bearish announcements. And I don't know, Mike is he's learning, he's taking some very big swings,
31:13Rod Palmer missing bigly, and I mean, just if you come out the gate with just such huge expectations, such huge humorous or whatever you want to call it is it can end your careers as quickly as it begins.
31:29Rod Palmer And from what I can tell, Mike did not leave Bloch on great terms. I don't know if he's gonna be able to go back and and be a fighter there, but either way, usually, I I as much as I complain about my guy, I like the guy. I wanna I don't wanna see him succeed. I wouldn't say that, but, like, I I I don't wanna see him homeless. I don't wanna see Mike lose his McLaren. I don't wanna see dog the bounty on her placement showing up to Mike's LA,
32:02Rod Palmer townhome or condo or whatever it is, and Spencer Pratt stealing his McLaren away from him. But you know it is what it is and this is
32:15Rod Palmer we kind of gotten away from preaching or proselytizing or just emphasizing the importance of credentialed journalists and the role of the journalist in society.
32:32Rod Palmer And maybe that is part of the problem in culture, in politics, in in news in society today is a result of us, you know, getting away from that focus. Not just us, you and I, but, like, as a culture, as a society together. Because it has never been more important to be a credentialed journalist. Journalist we need them more than ever AI slop, fake news, fake bullish announcements the blurred
32:59Rod Palmer the blurry line between satire and reality it is you need somebody to help you and to guide you and to tell you what the real news the real signal is and Michael Rush is a a good example of
33:16Rod Palmer it's not for everybody it's not that easy and before you start into this arena you better make sure that your credentials are framed and they they they give your holds you're not resting on and you're building on top of them.
33:35Rod Palmer Because it's it's it's more important. I mean, luckily, we're not things are not completely dark. Like, there is hope. We have prediction markets now. I think prediction markets are the most important technological breakthrough for journalists since the printing press.
33:55Rod Palmer And I think that it's important that we fight for the anonymity of prediction market traders, similar to like the sources for a journalist, who's writing a story because if you don't have anonymity for prediction market people you don't have any value
34:14Rod Palmer in the prediction markets and journalists are going to be needing prediction markets more than ever
34:20Richard Greaser and then in the first turning. Yeah. I mean, the the one I I put a bunch of bets on predicts this week. I mean, one of one of the things that's great about prediction markets, for journalists right now is as the average population has taken this naive stance of, like, discrediting credential journalism, it's a stopgap and and revenue generation
34:43Richard Greaser for journalists to be able to serve survive. As they're getting laid off from, like, a lot of the major, you know, journalist firms or, you know, just struggling to to get by. I mean, we've seen a departure from, you know, some great journalists over the years from Bitcoin magazine, Frank Korva,
35:07Richard Greaser Pete Rizzo, you know, guys like that. It's, this is kind of a, like, a broader trend that's happening around the board, and it's important for people to understand that there's being choices put in front of you, which is, you know, either Palantir tries to verify reality
35:29Richard Greaser for you, and you have to have your your digital ID uploaded to every website that you go to. Or,
35:41Richard Greaser you know, we we bring back the importance of of credentials journalism into our culture and society. And you have more of a decentralized way of, coming to consensus on what reality and truth is. Absolutely.
35:57Rod Palmer Yesterday was the anniversary of Killdozer. Killdo big fans of the Killdozer on Du Bo Weekly. Any reflections or thoughts,
36:14Rod Palmer as we as we can as we you know, yesterday, but as we commemorated the, Killdozer?
36:21Richard Greaser Yeah. I'm just, I'm kinda surprised that, with where the the general population seems to be at right now, with their level of discouragement that there isn't more Killdozer activity. I mean, you've got people like Whistle and Diesel getting arrested,
36:42Richard Greaser you know, repeatedly by the state of Tennessee for not being able to afford his taxes. He actually has a a Killdozer, replica. You've got I mean, I I'm surprised that the the Bitcoin plives haven't built a Killdozer and and gone to
37:00Richard Greaser Brink's headquarters yet, to protest, you know, the happenings there after reading the the Huddlenut Club Slop article. And I don't know if it's, like, naive to think that that the Americans aren't gonna start whipping out kill dozers in the near future or if it's just a a little bit too early in that regard.
37:24Richard Greaser But it is surprising, to me there hasn't been,
37:29Rod Palmer more activity Should around it. Should should Plevis be allowed to drive kildozers?
37:37Richard Greaser I think they should probably have a responsible chaperone
37:40Rod Palmer with them. Like, like, driver's ed, where, like, the driver's ed guy has, like, a brake on his side and, like, can can take over the kill dozer if the plaid, kinda just can't handle
37:54Unknown it. Yeah.
37:55Richard Greaser I mean, the the the founding fathers that, you know, that wrote the bill of rights and the constitution, I don't think they really had plaids in mind at all.
38:09Rod Palmer Agreed.
38:11Richard Greaser So, you know, the idea that a plebs ability to own and operate a, a kill dozer should not be infringed. I don't think that was the intent of the constitution at all. So I I think it's fair, that there should be some restrictions around, you know, Paul's ability to own and operate a a killdozer.
38:32Rod Palmer Yeah. I think, I almost think that it is worth having a conversation about bringing back the three fifths compromise when it comes to plouts. Like, for every you know, I I don't know that I think
38:50Rod Palmer you know, I I hate to to say it, but I just I don't think that pledge should be franchised the same way as, you know I I don't think pledge should have as much of a vote as winning even, honestly. I agree.
39:04Richard Greaser I mean, we're seeing how irrelevant a Plebs vote is now with the the whole BIP one ten debate as it's very clear that BIP one ten has already lost.
39:15Rod Palmer And Thomas Massie, you know, it it extends beyond the Bitcoin community, but, yeah, a a Plebs vote is clearly not worth. And they maybe maybe we start with the three fifths compromise with PlebNodes. So we take like the what they they claim they have 20% of the network well, was 20 divided by, you know, it's three fifths of 20. They have 12%, you know?
39:44Richard Greaser Yes. I'm not really looking at it. Yeah. I think it's just it it's helpful because there's a lot of people that I think the the perspective that that most people have had, you know, in learning about democracy is that, clubs do have a valid voice in society, but I think that's, it's very un American. So it's it's kind of like revisionist
40:14Richard Greaser perspective of, like, we're gonna change history in order to, you know, appease the plaques, which it's it's like this unique case of, I don't know. I mean, it's just a it's ironic because, you know, this past week, there was the the Oslo Freedom Forum. There were lots of, you know, posts about,
40:38Richard Greaser that. Alex Gladstein's talk talking about how it's a good data and dictatorships and, you know, whatever. And it it it's it's largely club slot
40:52Richard Greaser when you think about it. It's, you know, like Alex Gladstein's, you know, perspective on on governance in general is, believing that the plums should have a voice. And it seems to be, you know, HRF's kinda like arbitrary
41:09Richard Greaser hill that they stand on. The plums love it. The plums are always falling, you know, for the narratives around HRF and, you know, whatever. And, I don't know. I mean, you just look at the difference between,
41:25Richard Greaser like, Bitcoin countries like, the Democratic People's Republic Of North Korea and The United States. And you just look at like, what what are the benefits of giving a plumb plumb's voice? It's like, you know, who who has a much more solidified Bitcoin strategic reserve? North Korea, obviously.
41:53Richard Greaser He's launching a bunch of, aggressive wars of expansion. Well, The US is, you know, winning that compared to North Korea. It's just,
42:06Unknown I don't know. Did
42:08Richard Greaser did you follow anything that was going on at the the Oslo Freedom Freedom Forum this year? Not a thing. Not a thing.
42:16Rod Palmer I don't I just don't see I wanna allow you coming out of a Freedom Forum in Europe. What does what does Europe know about freedom? It's a it's a social they they do a they have a freedom forum in a socialist country. I don't know. I'm not no. I'm not saying that you there can't be freedom fighters in a socialist country, but I like to have for the
42:39Rod Palmer for the feds to, organize a Freedom Forum that is, you know, it's not underground. It's not like the Oslo Freedom Forum is underground. It's very much, officially
42:52Rod Palmer sanctioned by the socialist government there. I, you know, I just hit I could eat it with a grain of salt, I guess, is what I'm saying. I find it to be just, like, a really strange,
43:02Richard Greaser hill that that Alex Gladstein stands on in 2026.
43:07Rod Palmer Well, do you a lot of people think that Alex Gladstein's a Fed, and I know I just called HRF Feds, but I didn't say Alex Gladstein. But the reason I know that Alex Gladstein is not a Fed is because he doesn't glaze Zcash. And that he actually crashes out and fights with people on the Feds on the internet who are promoting Zcash. If Alex Glassine was Glassine was a Fed he would you know he'd do himself for privacy he would be supporting
43:35Rod Palmer you know, Bitcoin and Monero, Bitcoin and Zcash. Where Glass Steen is firmly in the in the Bitcoin only camp. He I I think Glass Steen has listened to some Stablecoin podcasts. So he's like a little bit Stablecoin curious.
43:51Rod Palmer But, it seemed to be like a temporary phenomenon. He hasn't really talked about that, in over a year or so. I, you know, for all this shit me maybe giving Gladstein on this podcast or on the timeline since, we've been around, I think it I I'm coming out and saying finally did. I
44:12Richard Greaser I I think he's not a fed. Yeah. I mean, he's got some great opinions on things and some very strange opinions on things. I all I'm saying is that I just find, you know, the the hill that he dies on, you know, talking about democracies versus, dictatorships as being kind of,
44:35Richard Greaser an odd one that I don't fully understand. Do you think that means that he supports,
44:40Rod Palmer Nots? I don't know. I haven't actually heard him comment on, on Nots or spam. I don't think he does. I think I mean, I don't think there's anybody who supports knots who you don't know. You know what I mean? It's like being a Nazi is like being a vegan or,
44:60Rod Palmer doing CrossFit. If somebody is bad if somebody is aligned with those, activities you will know
45:10Rod Palmer within five minutes of meeting them or being aware of them, you will know. So I think a fact I don't know means he's not. He also lives at San Francisco so I think that he probably definitely I don't think he has like a problem with, poor dad's having sex or, having purple hair or being trans. So I think, like, some of the things that the Nazis crash out about about horror, even if they don't understand any of the technical
45:38Rod Palmer critiques, I don't think that those things bother him either. So, like, I don't I don't know where the motive would be. I think it's something that we should, or I should ask him about. Alright. Well, you got any other topics before we get into the fountain boost? No. The one thing is I I don't think we really have to go into this, but, I think starting to think about is the era of monitoring the situation or at least monitoring the situation as
46:07Unknown a,
46:09Rod Palmer ambition that you should have or like a good activity, a productive use of your time. Think that era is over. You're now in the era of monetizing the situation. If you're not monetizing the situation you should be out touching grass or you should be getting mosquito bites and going fishing with your family enjoying like way summer. The only excuse
46:30Rod Palmer to take some time away from White Gully summer activities which we already enumerated a few episodes ago would be to monetize the situation that you should not be should not be ignoring your wife and kids anymore to monitor the situation only to monetize it. And I think that theme
46:52Rod Palmer we'll build upon that theme as the summer goes along but, yeah, that's that's all I got.
47:00Richard Greaser I agree with that. Apologize, folks. I've been a little bit slow at, putting out content. I've been a bit under the weather, which is is probably one of the best times to to get sick right now as, the market dumps. Just been sleeping a lot, trying to recover,
47:21Richard Greaser get back on my feet. There's nothing worse than getting sick during a bull market, but, you know, hibernating in the bear market is, kinda nice sometimes. But,
47:40Richard Greaser I don't know. Be before we go into the found booths, yeah, I I'm incredibly bullish. I, I don't really think it's just, you know, the the goofiness of club culture, the goofiness of, you know, a lot of the crash outs right now. It's it it's got a lot of people unsettled. It doesn't really have me unsettled at all because I just don't think it you know, the individuals crashing out ultimately really matter. I think there's a lot of people making moves that are that are productive and, just be careful what
48:15Richard Greaser you see on the timeline and the way that it impacts your view of reality because timeline isn't necessarily what's happening in the real world.
48:28Richard Greaser But our first boost late stage HODL 6006 ads says, I like the reference to Iris by Goo Goo Dolls. Keep up the good work, boys. Classic song.
48:38Rod Palmer It's on for White Boy Summer. Thank you, base stage. Next one is from Stack Jaro, Jaro, like Jack Sparrow, maybe? What does doctor Jack Crew say about boosting? Is it good for your health? Is it as you are supporting the value per value community, which we all know with our low time preference
49:02Rod Palmer that you know BTC has already won. Zaps in the most valuable currency in the world. Show how much you value forty hours per week knowledge. I got a lot. God for Jack Crews, I don't think he I don't I think he would say that boosting is
49:24Rod Palmer bad for your thyroid. I think that he thinks that, that your thyroid gets cooked every time a lightning transaction is travels over five gs and goes through your your body to another pleb. I I don't agree with him, but I think that that would be his,
49:43Rod Palmer his response.
49:46Richard Greaser Yeah. I agree. I mean, he he's come out very staunchly against putting any sort of, data on the Bitcoin blockchain, including transaction data. So I think he's I think he views Bitcoin as, like, an artifact that you should, just take a gander at, you know, and appreciate. And, I don't know. It's
50:11Richard Greaser it it might be that, you know, we're just not equipped to to view Bitcoin from the eyes of a or lens of a neurosurgeon. We're we're looking at at it from the eyes of credential journalists. So, say, sometimes it's hard to to grok what what doctor Cruz is thinking. But
50:37Richard Greaser I don't I also don't think he's a a big fan of boost. I've never heard him talk about boost. He just, I don't think he thinks boost will help you, stop your vert vortexes from spinning, which seems to be one of his main concerns right now. That and leading a a populist plot revolt
51:02Richard Greaser against Bitcoin Core. Next boost from Sasha 500 SaaS says, great show. Thanks. I especially enjoyed how fast Rod came up with the causation correlation analysis. In honor of the summer, I'd like to extend a special invitation to Beagle subscribers to participate in the July 11 sunset circuit, 400 meter run, four minute rest, as many push ups as you can in two minutes, four minute rest, plank as long as you can. Time yourself.
51:31Richard Greaser Submit your times on Twitter, Telegram, or put them in your boost. Submission, open now until July 11. Winter gets a cold card and bragging rights. I don't know. What do you think, Rod? You you gonna do this? I already do those every day.
51:50Rod Palmer Nothing's changing for me. But if you're a pungy plenum, you're looking to get in shape, get those pioneer training, it's it's a great way to start. Seems like fun to me. Well, appreciate it, Sasha. The next one, Dimitaroshi, 521 sats. Thank you for your time. Thank you, Dimitaroshi. Always faithful. Silas Storm broke a 121 sats. White boy power. Then I knew Silas was gonna be super super stoked for white boy summer. Silas is a site I guess I'd use Silas as the new Pies.
52:20Richard Greaser That's true. Hope Pies is doing okay. Miss you, buddy. Next one is from Nostergang.
52:28Rod Palmer 101 sats. Happy game happy game on scene, Nostergang. And then the last one is a 100 sats from DTC onboard. Three laughing emojis. Thank you for the best to speak, guys. Hope you're enjoying likewise summer, and I hope you are monetizing the situation. Now you're not too bearish about the the the bear market. Thank you to all of our
52:55Richard Greaser subscribers. Hope we make the show possible. We got, oh, Jason. See where you subscribed. Welcome back, Jason. You used to read a lot. Dave, Lahav, Shadrach, BTC onboard, Boomer, Sasha, fundamental, Sean, late stage, Turkey, open mic, Avi. Thank you, guys. Some things going on this summer.
53:20Richard Greaser They're kind of exciting. You've got the music festival happen in Belgrade. There there's a bunch of stuff happening in Europe, this summer. Like, BDC Pro is coming up, BDC Film Fest, things like that. But, yeah, definitely go check out, Revolution Rocks, which three of our subscribers are gonna be involved with. Avi,
53:45Richard Greaser Open Mic, and Lahav, the whole Stardust, you know, band. That is gonna be really exciting. But, yeah, look out look out for some subscriber only content coming out here soon, folks. I've got an episode that I've been working on getting, got a little bit postponed, but it it should be coming out soon. Discussing,
54:05Richard Greaser the merits of value for value, and, thank you to everybody that tuned in, and we'll catch you next week on the Bugle Weekly.
54:36Unknown I lost my job today, and my cards are maxed out. My wife is pissed. My life a mess. I feel doubt. Why can't we just print our problems away like the way boomers did back in their day? I look at my kids with a tear in my eye questioning whether they are destined for wars on the die, raising little soldiers to fight and protect this nation while I'm attempting to fight off starvation. How am I supposed to get around when the car was repossessed? No food, no car, no dignity. Boy, now I'm stressed. Now my heart is hurting. It's beating out of my chest. Filing chapter seven after eating at McDonald's is not the best. I remember the days before the world went mad. Back when I trusted the TV and wasn't sad. I had a dollar in my pocket and Nike's on my feet. I miss the days when I could good one. I'm not gonna be a good one. I'm not gonna be a good one. I'm not gonna be a good one. I'm
55:26Unknown not gonna be a good one. I'm not gonna be a good one. I'm not gonna be a good one. I'm not gonna be a good one. I'm not gonna be a good one. I'm not gonna be a good one. I'm not gonna be a good one. I'm not gonna be a good one. I
55:38Unknown Binging Netflix isn't taking the pain away. It feels like the only thing I can do is pray. Lord, please help me afford to pay the state. There is no way I can't afford the fees if I pay late. The sheriff is on my doorstep to kick me in the balls. My phone won't stop ringing from debt collector calls.
56:25Unknown All I wanna do is comply and be left alone. But I can't afford anything, and I'm getting kicked out of my home. I remember the days before the world went mad, back when I trusted the TV and wasn't sad. I had a dollar in my pocket and Nike's on my feet. I miss the days when I could afford to eat good meat. All I ever asked for is to be able to afford paying taxes, but now the IRS is on my dick watching my transactions.
57:13Unknown I can't afford to live this way, can't you cut me some slack? Why can't someone else do the hard work to get our country back? Every night I go to sleep wishing I don't wake up. When we're awake in the morning, I can't afford whiskey in my cup. How can I numb out the pain and hide from reality? Why can't I find a way to escape the brutality? It's starting to seem like the only way out is to take action. There is no way to hide from reality and choose distractions. The only way out is forwards, I will not give in.
57:49Unknown Finding a way to afford to pay taxes is how we win.