Bitcoin Today Recast 3/31/26

But most people are stooped.

That's the big coin today.

That's the big coin today.

That's the big coin now.

That's the big coin.

That's the big coin.

That's the big coin.

That's the big coin.

That's the big coin.

That's the big coin.

That's the big coin.

No, no, no, no, no.

That's good.

That's good.

That's good.

That's good.

Go ahead and back with the big boy.

You do not.

You do not.

No, you're the point.

No, you're the point.

You do not.

No, you're the point.

We're having little problems connecting the host today, but he's up here as a speaker.

Morning, Eric. How are you?

Doing great, guys. Been a long time.

Nice. You can see everybody. How are you?

Good to see you. Great.

Nice to be back. Have a little bit of time here hanging out with everybody, discussing some Bitcoin and the

Fed machine that continues to roll daily. It's just unbelievable.

Crazy, isn't it?

Yeah. Yeah. Know how a hypothetical solution to a hypothetical technology that needs 500 times the hypothetical power it has today will certainly break Bitcoin in 2029.

That's the paper that just came out.

I noticed that one of the e-foundation bros is one of the authors of said paper.

On his bio, if you go look at his page, he's claiming to be some Bitcoin guy.

But in actuality, he's a wolf and she's clothing.

Yes. You've got Google, which is DARPA, combined with Ethereum, which is Ethereum, combined with Stanford, which is the CIA, putting a paper out saying,

sell your Bitcoin, come to my government coin.

That's pretty much what we have.

Agreed.

That's a say hi to everybody, Eric. Let's do it.

It's up to you, money.

Shadily, my friendly frog's out there. Sorry, it was on a bender in Miami for like five days, so finally back, ready to kick some ass.

Very nice. What's up, Terrets? Good morning.

How's it going? I see Eric is back, excited to hear the news.

He's been gone so long. I think he was involved in something with his mining rigs or his energy company that he was going to share with us.

So excited to hear about that after we go around the horn and I'm glad Chad is here.

He has been sort of a new addition to this regular stage, which is great.

And we've got Tomer and yeah, there's more quantum fun and everyone needs to know it's just complete fun.

Don't forget about punch. Well, yeah, well, punchers right there. He's always here.

People are stupid. It's true, puncher. It's very true.

Is that Mike?

Was that his cue? Yeah.

Welcome back to Eric and yeah, looks like we might have an off ramp to this war.

I know Tomers dying to talk about that.

Well, the Taco Tuesday, puncher.

Oh, good. Well, yeah, the taco looks to be in full effect and that's a good thing.

I like tacos. Stop Chad.

Good morning at block nine, four, three, zero, seven, nine.

Yeah, so we can talk goes that piece of applause you put out this morning was perfect and on point.

I reposted it, but I think that's best we can hope for in the scenario and good morning to everybody.

Oh, good morning. Eric back to you, buddy.

Take it away. Yeah, where do you guys want to begin here? And we can go into the fud.

There's probably 10 Bitcoin spaces talking about it.

I think we covered it pretty accurately in a summary statement.

Did you guys cover Elon and sailor like basically tweeting out Bitcoin tokens that you guys still were failed to recognize the impractical coincidences of what's actually happening?

No, no, walk us through. I have been awful.

What's an impractical coincidence?

Oh, we missed Tomer, didn't we? Sorry. I was wondering what you would do.

I don't believe it. I'm not I'm I'm with Eric. I've had my head buried somewhere else for a while.

Come on. You guys saw you guys saw the heat and like Bitcoin gift or whatever, right? I assume you guys talked about that.

Can you like is that any conversation about I wasn't here yesterday. Yeah, which one?

There's no he animated a gift using rock imagine of a Japanese.

Oh, that yeah.

Is this big news or is it just clicked on image huge?

Well, if you guys follow the bouncing ball, this isn't like a random, you know, thing.

So he actually tweeted out a picture of this of this girl, this big girl, whatever they call it back in.

Let me see the date here back in October 22nd, 2018.

Where Elon Musk plus post one by some Bitcoin and uses this image of this girl, just a still image, right? Not the gift.

And so this image, funny enough, is actually a Bitcoin NFT on counter party, right? The L2 that uses opportune of like I said, this tokenized asset that was put on Bitcoin back in, you know, back in 2018.

So, you know, it come back about and, you know, he posted a gift of this image. And so sailor reposting it, sailor talking about tokens.

You know, these are again, one of those coincidences that, you know, are adding up in the tokenization world.

So I'll post an info in the nest and you guys can kind of do it, but it's pretty significant if you understand where this is going.

I don't understand where it's going if there's an implication and, you know, it's been nice that we've been getting along on a lot of things, do you mind me?

But watch out listeners. Don't fall for these on chain tokens.

So I've been getting a few likes today on a tweet that I made a month ago about how the quantum cats and FTs had fallen from over $30,000 to under $1,000.

And so I was wondering why I think it was because someone actually left a racist comment beneath one of my things.

But I went to check the price and the main market that these NFTs were sold on, which was called Magic Eden, is no longer selling, has no longer facilitating a marketplace for NFTs.

And I was able to, using Google, find a couple of these things that had sold this month on OKX, which is another exchange.

And like none have sold for over 20 days and the last two that sold sold for $20 and $17.

So if you want to turn $30,000 into $17,000, these tokens are a great investment.

But if you don't, you may just want to stick with good old fashioned.

Satoshi.

But if you do join us in Vegas in April, and at least we'll enjoy that $30,000.

Yeah, so, and again, I agree with Toma on this, you know, the Magic Eden, the opcat and all the, you know,

ordinals, I do believe our shitcoins because, you know, there's no actual proof of burn, there's no actual, you know, energy transmission that helped create some of those.

And so if you look into the deeper, you know, overall picture of how to scale Bitcoin, because I think all of us realize that not everyone in the world is going to be able to access pure layer one Bitcoin.

And that in order to scale the network to, you know, however many billion people on the planet, there's going to have to be derivatives that people can get access to to preserve their wealth, preserve truth, all different kinds of things, right?

And tokenization, I believe, is that future anchored to Bitcoin on the L2 layer through opportunity.

Now, if you guys go back and understand counter-party with the first smart contract put on Bitcoin, basically copied ETH code, okay, and used a method called proof of burn, which individuals sent real Bitcoin to a provably unspendable Bitcoin address.

So these Bitcoins that are sitting there, they're still over 2,000 Bitcoins sitting in this address that created a token.

Okay, so there was no ICO, there was no CEO that, you know, shelled out these tokens to developers or their own marketing team.

There was literally just proof of burn, you sent Bitcoin to an unspendable address, and you got these tokens back in return. Okay, so I'm just explaining the history of what happened.

The burn period was like 60 days or something, and then it was shut off. And so there's a, you know, a set amount of that many tokens that created this other protocol that, you know, lives on layer 2.

Okay, and so if you understand thermodynamics and you understand what proof of burn is, you understand that energy cannot be created or destroyed, only is formed.

And so what we have here is we have 2,000 Bitcoins in a protocol that is transformed Bitcoin that has created this other layer that Elon, Sailor are kind of hat tipping in a roundabout way.

And so what does that mean? I don't know. I'm not telling people to buy these. I'm just telling them it's very interesting because, again, a lot of my research has to do with how to scale Bitcoin to, you know, billions of people on the planet.

And so it's interesting that this is coming up again because, you know, Sailor talks about tokenization, Larry Fink is talking about tokenization, Donald Trump is talking about tokenization.

And so, and they're all full of crap. Okay, well, that's your opinion.

I have, I have, I have, I have literally proof of this, bro, so you can say it's a load of crap, but you can like look at the, it's a load of crap.

You look at the stuff on screen. You look at the stuff on screen.

There's nothing that a token that anybody does, it doesn't matter where they stick it in a, in an opportune or up their butthole, it does not matter.

It does not ascribe any of Bitcoin's properties to those things. Oracle problem has never been solved, sir. It's a load of crap.

Yeah, I mean, without elevating things, I think if you take a bunch of gold 2000 gold coins to mimic your 2000 and throw it into a volcano, it doesn't mean that the volcanic rock that you chip off the edge of volcano is worth anything.

And it certainly doesn't mean that now you, whatever you say into the volcano becomes truth.

It was an interesting idea back when people were trying to create altcoins and trying to give them value that they burned a bunch of Bitcoin, but those Bitcoin are irrecoverable and irretrievable now.

But that doesn't mean that the value of those Bitcoin sits in counter-party coins and counter-party from the day at IPO whenever it did is down like 78% from then it's off 99.9% from its all time high.

So I just, like, I really, really caution people that none of these things create Bitcoin and a layer two that requires layer one transaction is not value is doubly not valuable because it's not real Bitcoin and it requires that you spend Bitcoin to move it.

I don't want to get into an argument here, but I think this is a Bitcoin space. I think we really ought to just stick as much as we can to Bitcoin. There's, there's like a couple of really interesting news items to discuss.

I know I've been asked already on two spaces earlier today to talk about the quantum things so I'm getting a little tired of it, but it's worth discussing.

Because I know people will probably want to point out that STRC is back at $100 again, which means that micro strategy is issuing new shares, which means they'll probably be buying some more Bitcoin now that they've made space to sell a lot more STRC, which may not be a discussion about Bitcoin too.

I don't mean to trigger your TC.

I just know it's a topic people want to talk about.

The only proof of burn is people getting scammed on this nonsense. There's so many, there's so many of these scams running around right now. I got tagged on a X token pre sale thing.

The problem is is that tokenization gets bandied about as if it's just, you know, totally legit. I'll give you a parallel when people say blockchain technology.

It's the same exact effect. It's a hand wavy way of referring to basically let's point at Bitcoin and then let's jump to a conclusion that we can do these other things and they ascribe value.

It's a classic sort of affinity scam pattern. So just please watch out for that. Nobody should believe that there's any thing coming in regards to these tokens where you're getting Bitcoin's, you know, veracity.

Or it's immutability or all these properties that actually make Bitcoin valuable. We've been watching for a decade plus all this Altcoin nonsense where people try to ascribe all kinds of properties to anything touching a blockchain.

Same kind of thing here with anything trying to just be stuck into a Bitcoin transaction. It doesn't gain anything people need to be aware.

Yeah, so do you own a research? But I think it's funny that, you know, here we are with this technology that's absolutely uprooting the normal way of doing things.

And still some Bitcoiners don't have the creative imaginative future of what a tokenized Bitcoin world may look like that will bring truth abundance and sovereignty to a lot of people.

You guys probably need to maybe do some extracurricular activities and find the different drastic realms out there that will allow your brains to find some different creative ways the future might end up because you guys are missing some of the some of the point here.

Are you suggesting that I need to take psychedelics in order to understand what you're talking about possibly. Yeah, that might help you.

I feel like I got a pretty good handle on this and I have absolutely zero doubt that people are going to move forward with these messages and with these marketing campaigns and with these ideas because a lot of people don't understand enough and they fall for it.

So that's kind of the thing again and again and again is that Bitcoin is trying to point out to you what's real and it's pretty much just Bitcoin.

It's basically the UTXO set, you know, your your stats on addresses that you have a private key for that's the only thing that's real.

And you can see a lot of people doing a lot of things. It really is something that needs to be said again and again because it takes more energy to refute the bullshit and it does to say the bullshit.

But you guys are like simply like the elephant in the room here is the Wall Street rigged markets of our capital markets.

And so you guys haven't actually addressed any way to fix that you guys talk about fixing the money but you don't talk about fixing the markets like a lot of you actually think our equities markets are capital markets are totally legit.

When every day dark side comes on. No, I'm not saying you specifically I'm saying every day dark side gets on here and talks about the problem of naked short selling.

We know the paper derivative markets prints trillions of dollars and fake, you know, monetary assets.

We know, you know, people don't actually own their own equities. Right. And so, you know, it'd be great if you guys would come up with at least some kind of an idea of how those markets do get fixed.

But to make a point, there's there are certain things that are having inherent or intrinsic characteristics to them that can't be fixed by Bitcoin.

You know, the notion of a toe like and I would agree that putting putting the trading of securities and in securities, I would include shares and bond like stocks and bonds and commodity futures and all that kind of stuff.

If you put it on a more publicly addressable system, you might get some benefits, but you don't solve the the issue or problem like you don't need a blockchain.

With proof of work in it to verify everything that happens from a central issuer and this is this is the I'm going to reuse the word, but maybe it's like the central problem, which with all of these tokens is they do all have an issuer and they have to have an issuer.

With the exception of Bitcoin, right. Like if you're a company raising money through debt, you're the issuer of the debt. If you're raising money through the issuance of securities stocks, then you're the issuer of those stocks and you retain the right to issue more to call them back to cancel them in short to change the policy that adheres to them, which is perfectly legitimate.

And what distinguishes Bitcoin from all of these things is it has no issuer, it has no rule changer, which is why it can stand as a, you know, it has a supply cap, which is why it can stand as a separate, incorruptible, imaliable unit of measurement of all of these other things, right.

But those other things are always going to be subject to we need to raise more money or we have an extra plus of money and we need to use it to like retire, dad or retire equity.

So there's a fundamental difference in what a token means, even in its most legitimate use cases, which would be an honest transparent capital market from the operations of the technology behind Bitcoin.

And so a really transparent relational database with the understanding that the issuers of different tokens have the authority to do whatever the securities regulations and rules allow them to do is perfectly fine, but it's not Bitcoin and Bitcoin doesn't fix that problem.

The problem is lying, the problem isn't that it's not on a blockchain, because you can still lie on a blockchain, right. You can issue an opportune that says that I have, I have gold deposits in underneath my property, along with oil deposits and, you know, you just need to buy the shares in my company.

Honesty is still a problem. What Bitcoin allows us to do is to audit this unchangeable instrument that can be used as a measuring stick. I know I'm low if to use too many analogies, but that can be used as an unchanging measuring stick against all these other things, which are always changing and always in flux.

What's the problem, though, Tomer, that with that is that you are in support of a proof of stake network, right, the capital markets, which.

I'm going to say hold on here. I don't say I'm in support.

Let me just finish my point, because what you're saying is it's totally legitimate that we have an SEC, a small group of people that allow only various.

Okay, can I finish?

Well, as long as you don't keep putting words in.

I'm saying that Bitcoin doesn't, like, let me be clear about what I'm saying. And then you can address that or say some of that.

No, we're tired of hearing a two guys. You need to get a room. We want to hear from other speakers too. So you guys wrap up your little dispute and then we're maybe pass it around some other.

I'll just say this. I'll just say this. I think a world with the ability for anybody to issue a token issue and equity without.

Approval of some douchebag in Washington or New York with 40 lawyers and $4 million to start a company is better than, you know, then allowing those people to control the rules of who gets to issue a token to raise money, right?

If we open the capital market.

My response to that. We're told to finish up my response to that. Take a look at the ICO craze of 2017 and see that you're trading one problem for another. You're not fixing it. And I'm done.

Take the problem opt out of that crap system. Figure out Bitcoin already. Stop screwing around.

Let's go to new era.

Hey, what's up guys? Yeah, I just want to take a nice long rip off of G money's advice of taking psychedelics and thinking about Bitcoin.

I don't need to take psychedelics to to find some really heavy cool stuff with Bitcoin.

Tomer kind of baited folks with talk about the quantum thing. Here's a deal, man.

I have never become aware of a consumer facing technology that has that has forced the discussion about what is time.

Because the whole quantum debate. It's the cool thing about it is it's it's getting this discussion down to is time a continuum or is there a smallest unit of measure for time.

So that is such a big trip. Like I don't need drugs to you know get get some sort of you know otherworldly experience like it's all there in Bitcoin.

And it's it's taken people's imaginations to whole other places. So I would say like maybe Bitcoin's enough.

And and like you know maybe radical sobriety in contemplating Bitcoin is like that that's what folks should be considering.

I did not expect the conversation about psychedelics this morning.

Do your own do your own research is what I would say on that one.

Yeah, but yeah, Bitcoin is it's so intrinsically defined by time.

And there's such cool applications when you think about time.

You know, Bitcoin just demands us to pay very good and tells an attention to time, right?

I mean, I would say my favorite essay and all of Bitcoin, sadly not written by me is Gigi's article called Bitcoin is time.

And it is a really powerful and heady article and you can you can read it in a sober state of mind where you could read it in an altered sense of perception and get something different out of it.

Each way, but it is it's totally accessible. It's and it is deep stuff as you point out new era. So it's really it's really great stuff.

And he talks about how it's you know, I'm going to dig up the article and share it.

I don't want to spoil bits and pieces of it or misrepresent any aspect of it. It's been a few years since it's been out.

So let me find it and then share.

There's also a good video of it, Tomer. It uses all of Gigi's words just sort of flashing on screen.

I have seen that that's really good to I'm not going to find that, but I'll have someone else wants to share it. That's really cool.

So many of his us is are excellent and it's all on his website daregg.com and he's got just years of profound writings about Bitcoin.

He writes a lot about Noster and some other things too, but his Bitcoin writings are uncanny.

Yeah, it's good to bring him up for some of the newer people. Thanks, Tomer and TC.

I think a lot of people forget about some of the OGs that educated a lot of us here because they've sort of gone quiet or aren't as visible here on X.

But I think new era maybe was also the Jack Muller's video on Bitcoin.

Yeah, pretty good. I would recommend that.

Yeah, I think he gave a talk on that. Tomer, you were probably out there in Madera when he gave his talk on time, which was a good one.

And he credited daregigi for that talk, saying that he adopted many of his ideas from that.

But now that's Fred's here and I think new era was sort of bringing it up and going towards quantum because there's that Jeff Booth video that's been going around quite a bit.

Jeff Booth and Preston Pish and a couple of other guys basically saying Bitcoin is quantum resistant regardless period because of time.

And I don't know if you guys want to discuss that or if you've seen that video or that clip.

I've seen it. It's nonsense. Unfortunately, and I have a lot of respect.

It doesn't make any sense. Yeah.

This is not a good video, but one thing I would point out, which is from a guy who doesn't know what he's talking about is Steven paranoid now.

And as Steven paranoid X boss, Shaheen Khan was my housemate in college and he was he was a VP and son and high performance computing.

So, you know, him and Steven paranoid were both there or that era and they they know a lot about quantum computers they consulted for the quantum computer industry.

And you know, paranoid posted today.

And you know, paranoid is the guy who kind of introduced me to the Bitcoin power law.

And he posted today's like, look, you know, despite all these theoretical breakthroughs, right.

The problems that quantum computing is solving today are toy problems.

And, you know, before, you know, before the Nick Carter's of this world start, you know, saying I was right, I was right.

And these are not serious problems that they're solving.

And I know Thomas would agree with me, you know, we've got a ways to go before we are going to be breaking Bitcoin code.

So, you know, I would I would urge people to just read what he said, you know, on this and not so much Nick Carter, who I view it a little bit compromise.

And, you know, one of the co authors of this paper was on the Ethereum foundation.

So, that's another red flag for me.

I mean, Fred, the they need to solve the coherence issue to scale it.

And as you mentioned, they're solving toy problems like tech tech toe.

They're not solving.

I mean, if you if you go into the calculation of what is required to break the Bitcoin.

Uh, uh, uh, ecosystem.

It is it in our current understanding, it would be a data center that you could see from space.

It would be so big. Right.

So, when we start seeing data centers and energy, uh, concentrations towards this, because you're not going to be able to hide this.

At this current level, now we could certainly see breakthroughs from, uh, AI where they were able to do noise cancellation on the coherence.

Uh, by running massive parallel systems.

But, uh, you know, if you just, you just spend a little bit of time.

I'm an hour or two hours studying this.

You realize this is just, this is just fun.

Now, I think quantum at some point will resolve, uh, and break this.

We have, but that number is like 10 years.

And for me, 10 years is infinity in this world because we have so much change going on.

So I do think we have to have serious conversations, but those conversations cannot allow bleed into creating retail.

Because I think it's counterproductive if you do that.

We should be having a conversation says, OK, in the next three to six years, we should be moving the quantum resistant addresses.

But it's not, it's, it's not, it's, it's like preparing for a storm. It's going to happen in 10 years.

So you can do it. I think this is the big lesson that there's no need to panic.

There's nothing imminent.

And while it isn't an issue to be taken with seriousness, there's also, it's also an issue to be taken with patience and particular.

I go one step further, right? I remember.

I live not too far from Princeton University and that was.

In the 1970s, the center of fusion research with the tokamak machines.

And I remember, you know, everyone was so excited that we're going to have fusion energy limitless energy, clean energy, blah, blah, blah.

Well, it's 50 years.

And we haven't solved it.

And I think people have come to the conclusion on fusion that it's just not going to get solved.

That is that the, you're never going to get to the point where the energy in is less than the energy out.

So it's just, so we've kind of just moved on.

I think it's more likely than not that we will never solve this quantum issue.

That it's that the quantum states are to our art.

The stability of the quantum states.

You cannot maintain persistence for periods of weeks or a month at a time.

These things break down very quickly.

It is the nature of the double slit experiment in quantum mechanics.

It is all kinds of stuff.

You just got to go read through this stuff and you realize, you know, there's a lot of shit that has to happen before wherever it would crack this.

And if I were to be a betting person on this, I would bet that in our lifetime, it won't be done.

But I'm not saying it can't be done.

I allow for that possibility.

I'm saying I don't believe it will be.

I want to tell you something that's even more hard to break than quantum, Thomas.

And that is turning Nakamoto into a profitable company.

And I posted the balance sheet of Nakamoto.

And I got to tell you, man, like I just don't understand this company.

They reported $161 million of quarterly losses for Q4 2025.

Is that bad?

That might be bad.

I don't know if I'm sure I'm not.

Could be worse.

I didn't.

I didn't take that course in in college.

But, uh, yeah, their compensation 2.6 million a quarter.

Okay.

Their general administrative is 5 million a quarter.

Okay.

I'm sure that went off, by the way.

This company is the biggest train wreck.

This is the end run of our industry.

The Nakamoto is just unbelievable.

And, you know, they posted yesterday that they managed to.

They managed to buy Bitcoin at an average cost of $118,000.

And they just sold it yesterday at an average sale price of $70,000.

So, uh, you know, I think they should be changing their name from Nakamoto to whatever.

I don't know the Japanese.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

Naka.

That was sort of the play.

When they first came out, like, Hey, just buy Nakamoto.

And we're going to capture all of these other Treasury companies that we're all coming online at once.

And now, they're selling some.

But what I think is important for us as Bitcoiners, is the cautionary tale that, you know, here's a publicly traded company with lots of access, lots read information,

a lot of capital, a lot of investors. And if they can't stack Bitcoin just as a treasury

company without some other business model, like what small mom and pops should be doing

that or what family should be doing that. It's just, you know, I think everyone should

have Bitcoin, but, you know, look, look what happened to them that they got so over leverage

that they couldn't handle their first bear. You know, so maybe, maybe they got caught

up in bad timing, but people should be planning a little bit longer term than, you know, one

little cycle down. I would have thought they would have just been stacking even more,

but maybe, you know, their share price reducing 97, 98% was just too much for them to handle

and they're doing what they have to. It looks like they still have over 5,000 Bitcoin,

you know, they sold the 248, but so they still have a decent stack.

But they have some debts, they have some obligations which come before, you know, which

come before what the shareholders get. The problem is, it's a high profile company

and Bailey is a high profile individual in the Bitcoin community. And he runs a big conference

in Vegas and all that. And so when he looks like he's retarded running this company and

that just puts this thing on Bitcoin. I mean, there's no, so it doesn't matter what the

balance sheet says and all this. His participation in Bitcoin, while he's done some great things

in this conference, it's been great setting it up and all that. It's at this point

becoming a net negative. And I think it's going to hurt further adoption. As people say,

look at that, look at what's going on over there. Right? So they do their next quarter

results and jet fuel is up by 60% because, you know, of what's going on in Persian Gulf,

they're going to, it's crazy. Did he get rid of the jet or is he still flying around

with his friends? I don't think he ever had one. I mean, I don't think they're, I don't

think that they're moving around too much. But who knows, who knows? Is anyone here seriously

considering investing in him at this point in time? Right? It's like, it's kind of

over. I think the problem is, what is it going to be? We got this Bitcoin conference

coming up, right? And, you know, it's going to be really, it's going to be reported

kind of as a big let them, right? People are going to be like, okay, well, first of all,

I think a lot of people won't go just because of what he did. I really, I mean, I'm, I'm

not like, like, I'm sort of like, I would have gone, but like, he screwed so much, he screwed

up so much with Nakamoto that I just probably am not going to go, but I'm, I still might

just go just hang out parties. You know, if there's any worse business than Nakamoto,

it's the event business. The event business is up there. Which is a part of Nakamoto now

too, because he sold it to Nakamoto, which he controls. Oh my gosh. See that I, I'm sensing,

you know, the death, the death froze of this conference, unfortunately. And I, you know,

I was going to say what Thomas said, like, if you're going to, if you're going to step

into the breach as a young guy, David Bailey, and take people's money, you better know

what you're doing. And you better have thought through it. And it just seems like this

was like a grift. And that stink or that perception deserved, they're undeserved, bleeds

its way into the broader Bitcoin community, which leads to a bigger issue. Like, I feel

like we have Stockholm syndrome with regard to Wall Street. Like, we're so happy that

Larry think wants to buy our Bitcoin. And like, fuck those guys, man, the whole reason

we were doing this is to get around their system. And everybody's, you know, doing backflips

and twisting themselves into, you know, pretzel, happy that, you know, Wall Street is now

mucking around in our playground. Like, screw Wall Street. We don't need them. We really

don't. And hopefully this kind of accelerates the realization that we need to get back to

what Bitcoin truly is. And it's not permission from Wall Street to conduct our business. It's

the antithesis of that. Let me quickly say and then we can go back to you, Eric. Sorry,

it's been a big detour from you. But I kind of feel the opposite. It's like, I don't want

to let one bad actor or one bad company or ever dictate, you know, my enjoyment and education

in hanging out with a lot of Bitcoiners in real time. It's like, I'm going to the conference.

I'm excited to go to the conference. You know, it's like, it's like when people say,

go, move out of California, you know, nuisance doing this and all these terrible policies.

Yeah, it sucks. But it's like, I'm not going to let that, you know, remove me from my family

and where I grew up and everything I've known my whole time. Like, I want to live where

I want to live. I want to go where I want to go. And so I feel like if people are letting,

you know, Bailey or the conference keep them from having fun and doing what they want

to do, then they're looking at it the wrong way. So I'm going. I'm excited to go.

Yeah, I look, but he wrapped it into Nakamoto. I didn't even know that. Yeah. Like, like,

like, like, uh, and by the way, there's plenty of conferences out there. This just happens.

Kevin. Terrence is a speaker at the conference. No, I know. Let's. I'm not trying to kick the guy

with his gown. But you know, but I go to these rather. I speak or not. Yeah. I mean, I,

I love them. I have fun. I've made so many connections and networking and, you know,

this is a great look. I'm not saying that, but I do think this particular, this particular thing

is a thing on our industry. And I don't know. I think it'll go away like everything. But I think

this particular conference is going to be a downer because Bitcoin's down and we have

the keynote speaker is David Bailey. I mean, Jesus. I mean, I don't know how he's going to,

he's going to spin it, but allow myself to introduce myself. Famous line from red name that movie.

I don't know. That's a good one. Oh, that's Austin Powers. Yeah, baby. Yeah. No, I'm with you guys.

Really, everything everybody said, like, I don't want to support that financially,

but at the same point, it's going to be fun to hang out with you guys. So I'm going to go hang out

with you guys. And if a ticket floats my way, I might go walk the floor or something, but that's

about it. But I'm going to hang out with you guys. So that's all great. But what's the truth behind

him trying to charge Natalie like 340 grand to do the women of Bitcoin thing? Is that true or is that

fun? Don't change for Natalie. I just saw it on Twitter. I don't know if it's correct or not,

but that's the word. Yeah, everything you read on Twitter is actually true. It's not.

No, it's true. It's like biblical. Very true. Speaking of biblical, let's get Eric up here.

Yeah, please. Eric. No, I was just, I've been waiting for 15 minutes for wicked to pop up here,

because TC used the word butthole. So I figured he would be up here in no time. Yeah, I won't be

going to the conferences. You're not in protest, although I am would would protest. David Bailey,

I think you guys are looking at this from one direction. I think I've always looked at it from a

different direction. I think Nakamoto was doing exactly what Nakamoto was designed to do, which is

to create this imbalance in the Bitcoin community and to create more instant fud for institutional

players to buy more at cheaper cost. Whether that's true or not, whether that's real or not,

that's just kind of how my spidey senses tingle with us. I think that David Bailey is,

you know, I met the guy. He seems like a decent enough guy, but it's definitely a stain on Bitcoin.

I mean, the idea of Nakamoto from the very beginning, we're going to buy Bitcoin,

which you could do for yourself, and we're going to buy shares in Bitcoin Treasury companies,

which you could do for yourself. So both of those two things you could do for yourself at a

greater rate of return and they bundled up into one product that made people exceptionally

fargic and lazy and said, oh, let's do it. David Bailey, dude, the thing that we could be doing

on our own and be hyper-liquid anytime we wanted to be. The whole idea is nonsensical and the fact

that people have been rug-pulled so hard means that they have literally less money to buy Bitcoin.

So, you know, whether it's that way or it's just a clown show of a public company from some guy who

should never run a public company, I've done it before. It's a tremendous amount of work. You need a

lot of good support with you and you need attorneys, you need accountants, you need experienced

professionals within the industry to be able to articulate what your message is to the world.

It's an exceptionally difficult job. He clearly wasn't prepared for it. It's not his cup of tea.

He is a conference guy. That is what he does. That is not the general personality that runs a

public company. So we'll move on from that. I think that the Bitcoin conference this year will be

great. Unfortunately, I won't be there. I'm going to be in the Dominican Republic with my wife,

spending some time there. I've been trying to take as much time in 2026 as possible with my family

and my loved ones because I think we're living in very turbulent times. And I think that more

importantly, I love all of you, but man, I love them a lot more. I'm not embarrassed to say that.

So, spend some time with your families. It's really, really. Get off of Twitter. It's absolutely

ridiculous. I mean, every day, I see the dialectics playing out. The dialectics are everywhere

all the time. Yeah. Well, I don't have it. I've been on one. Hold on. I've been on one in a month.

Okay. So take some time away. Yeah. You don't need to live on this space. It's cool to be on here.

A couple hours a day. Fantastic. But some people are every every space that I've ever popped into.

They're on it 16 hours a day. That's not good for you. Go out in the real world. It is good for you.

Sun is good for you. Wind is good for you. Surfing is good for you. Terrence, as you well know.

I use all those emojis, Eric, Sun, Wind, Surf. Yeah. It's all good for you.

But I think that this fud around the quantum space is absolutely ludicrous. Just like we talked

about in the very beginning. Aaron, do you think Nick Carter's motivations are, I mean,

does he really think he's going to get rich off this investment in this quantum company or what,

what's his, what's his deal? I don't know Nick Carter. So I've never sat with him. I've

never been able to read the guy personally. But I would say that in general. Yeah. I mean,

I'm sure there's some greed involved in it. But you know, there's this big battle. Social media has

created, especially X that allows you to monetize every post, click, like, share, link, everything that

goes together. There's this big market share now for attention. And I think Nick Carter is getting

the amount of attention that he, he desires at this point in time, whether that's for the investment

in the quantum company or to fud Bitcoin. It's the attention. I think that he's, he's getting

right now, which is what he, he desires. Does that make sense for him? Some people are just attention

horse. Hey, well, let me just let's just assume that this quantum, you know, is, is a threat and it

can be manifest. Wouldn't it necessarily be manifest by like a sovereign or at a minimum, a huge

company? I mean, the amount of CapEx and energy and access to energy that you'd have to have to pull

something like this off. And let's just assume that somebody is able to do that. They're just

going to what come in and steal Bitcoin. That is their first matter of business. Google's goal is

to steal Bitcoin or China's goal when faced with decrypting all the intercepted encrypted information

that they have over the last 30 years. They're priority. And instead of trying to crack all that

intelligence data is going to steal. It's ludicrous. It's absolutely ludicrous on their face.

Right now, in fact, they're 15 and to five times three. That's a long way from stealing

Centauri's coins. Yeah. And then, but again, I'm granting that all that can happen. And then

all of a sudden, our first, it's like Dr. Evil sitting in a bond movie, our first owner of

business, we're here now. We get one shot at it with all this energy. Let's focus on stealing

Bitcoin. I mean, it's just so silly. We'll put a mode around Bitcoin with sharks with lasers.

That's the attention. Guys, we haven't solved the memory issue in AI yet. Like if we're concerned

about, we're concerned about quantum computing and there's still a memory issue in AI. I mean,

technology is progressive. And we still have plenty of holes in AI, which isn't even quantum at

this juncture in history. Is quantum a concern? Theoretically, yes. I will never forget the time I

spent at the perimeter Institute in Canada, which is a theoretical physics hub. And everything in

that world is disturbing to me because it was theoretical. And everything that's theoretical

is probable. That's kind of how they base it. And if you get into theoretics, the world is like

on the fringe of every cell disjointing with every other cell and disintegrating into nothing.

So there's always this fear of the future, fear of the unknown, the fear that can be used for

anything. And I think all of it is being manipulated in some way. Just gets poured out. I mean,

it seems like every six to eight weeks there's a new quantum fud on Bitcoin only. And that's the

thing that just opens my eyes to laughter is the fact that it's Bitcoin only. It's not won't affect

Ethereum, won't affect JP Morgan, won't affect Wall Street, won't affect the United States government

or nuclear codes. But it always affects Bitcoin. So you kind of have to look at things and take them

into perspective the right way and say, like, why is it always targeted here? Why is it not targeted at,

like, you know, NASA's theoretic travel to the moon tomorrow. So like, it's all nonsense.

It's all in the future. Eric, what's not theoretical is the coordinated effort you see. Like my feed

almost like somebody flicked a switch was all about some dude at Google says that, you know,

quantum, quantum, quantum, and every, every it's being retweeted by all these like Bitcoin haters.

And it seems like it's very coordinated against Bitcoin. And you have to ask yourself, like,

why? Who's doing that? And why? Who's doing it? It's people looking for clips. I got to tell you.

I don't want to single out somebody, but like Wolf of Wall Street. That's the kind of thing.

Rann Neuer. These kind of guys, you know, whenever they see some story like this, the running picture

going is Bitcoin dead, new quantum data from, you know, it's, it's basically like the star saying

Elvis has come back, you know, they're just leading with like, okay, click. I can get some headlines.

I'm going to make a story. I'm going to get some views. I'm going to get some followers.

Um, you know, it's ludicrous, but that's where we are. We're in this kind of, you know,

TMZ style. Let me run with any headline that I can get some clicks with. And you've got a people

like, Rann, you know, who are, I mean, they're just kind of like TMZ. I mean, I hate to say it.

I mean, I like Rann. He's a nice guy. I mean, I've been on his thing quite a few times, but

he's a nice guy, but he's just running with his headlines nonstop.

That's the danger of monetize social media, Fred. It really does incentivize misinformation,

disinformation, and being first to the punch. And, and it's something we just got to do with.

You don't need to run your feed like, like, you know, you're kind of one of these alarmist TMZ

style things. You don't need to. There's no, no reason you should do it. It makes you look

innately an idiot. I mean, you do that. And pretty soon people are like, okay, it's just a bunch

of nonsense. You have no actual position on anything. And, you know, and I think, look, Scott Melker,

you know, he's, he's trying to run a new shop, you know, which is like, again, you know, he's,

he's built out this whole, you know, new speed. He's trying to be this alarmist news thing. And,

you know, there's just, you know, I don't want to, you know, look, there's a slippery slope

between that and info wars. And, you know, that's kind of where we just got to, we got to resist

the draw to info wars or TMZ or any of these kind of alarmist clickbaiting.

Well, uh, BitBlocka has set his hand up forever. Go ahead. Yeah, I just say this is the observation.

I mean, everybody wants Bitcoin. And, uh, you know, right now, individuals hold the vast majority

of Bitcoin. So the assumption should be that there will just be a constant stream of fun pointed

at the individual to shake them out of their bags, so centralized folks can pick the pick it up.

And, you know, if you assume that Bitcoin is a geopolitical strategic asset, which the strategic

Bitcoin reserve announcement made very clear to the world, and the fact that America is going to

become a crypto capital, whatever that means. I mean, this asset is, I mean, it's in another category.

I mean, all the stops are going to come out. There's going to be all sorts of games played to get

people to give up on it while incumbents can pick up as much as they want. So that should be the

starting perspective on all of this quantum stuff that might be done. I agree with that. Merlin.

Yeah, it's jumping over a quick second. Freddie got me going there. I agree with, uh,

with puncher. There is something strategic similar to what the plant could just discuss.

But these influencers, you know, they're all basically fake Maxis. They don't really understand

what disaster represents. Or if they do, they, they're, um, overcome by their own incentive,

right? And to me, the system does views them as useful idiots, right? And they're going to,

through incentive, basically just blanket all of their media outlets with just whatever the

coolest thing is, right? That'll get additional clicks. So I don't see any value in what they do.

I don't think a lot of people also may pay attention to them. Yeah, they have large

um, basis, but I, I don't know. I think, I think you're getting to the important point here,

which everyone's been trying, trying to nail it's like, there are many people who are

lured by sensationalism. And there are people who use sensationalism to lure many people.

And that's, and that's the motivation and the incentive behind all of this stuff that we're

talking about. And then there are people who are motivated by truth and they're drawn to truth

and incentivized by truth. And, and it's not sensational. And it's not quick and it's not

rapid fire. It requires patience and work and adherence to integrity. And, and, and there's

many people who are in between. And there's many people who don't know the difference. So this,

this tactic of sensationalism and creating panic and create and, you know, like, oh my god,

have we ever seen it since, you know, and it's not just related to Bitcoin. Have we ever seen

as it relates to the current war efforts? It's one day, you know, America's won the war. The next day,

America's lost the war. The extreme, the extremes of physicians take in, in order to draw your

attention is one of the things you need to be either, like, very parsimonious about you shouldn't

give out your attention easily. Or you have to be incredibly hard working in integrating the

information and critically thinking about what's said so that you can ascertain whether it actually

makes sense or not or whether it's highly likely or highly unlikely or even true or false, right?

Shoma. And, but what's happened is as the society's gotten further into the digital age and with

faith distortions, it's outsourced all critical thinking and accountability, right? So it's,

it's all just clickbait, you know, it's ushines. And, you know, these individuals and you can

even throw Mario in there. That's all that's what they operate to when a consistent base in the

platform set up to do that. I think we're also, like, I'm with you and I think we're also coming,

coming out of this kind of pendulum swing of we're at one point we had some rather reliable news.

I don't want to say the news was off always true or what, but we're, we're the business model of

journalism was aligned with the incentive of truth seeking rather than being a mouthpiece for

when was that when when did that occur? I want to say with that time period. Yeah, I want to say that

there was a reason for the 1970s and 60s. Like, yeah, like Walter Conkite. Yeah. Yeah.

I don't I don't want to take it to like I don't want to say with respect to the ongoing

and and maintain things that were then conspiracy theories that are now coming out as as truth.

But you could you could rely on and on honest assessment of city hall, you know, or if an accident

was reported or something. Come on, Tom, or you can't even get through that sentence without laughing

yourself. Well, you know, maybe maybe my reflection. I mean, I think that there was there was

there was a measure of integrity in there was a higher measure of integrity in almost all institutions

including that of journalism and that of government. Like when Nixon was exposed, he resigned.

He didn't lie about it at further and and not resign and double down, you know, when Bill Clinton

was impeached, he did not resign when, you know, and when we have whatever is going on right now,

it's crazy. So we things have sunk a lot further than they used to be. I'm not trying to

present the past is perfect, but it was we've kind of and I'm trying to regain the idea that I was

that I was coming to which is which I've basically forgotten now, but it was something along the lines

of the pendulum, you know, the important the importance of honesty and integrity is definitely

re-emerging as a need, but it's not that need isn't being met with a high supply of integrity

and honesty and so there may be collapse in the future or a slow build up of individuals who

make their integrity verified and validated, but it is a, you know, you can see it in almost any

topic whether it's Bitcoin or geopolitics or education or medicine, you can see this battle

going back and forth and it is it's unfortunately the most popular voices with the most consensus

and influence and stuff are those voices that are appeals to popularity appeals to sensationalism.

So you can't judge by saying well who do more people believe nine out of ten scientists believed,

you know, just a few years ago that global warming was a serious issue that we needed to curtail

our energy spending, our energy emissions against and now none of them are saying that they've

all gone very silent because look on valleys and they're so it's not it's not how many people say

it but it's what said and whether you can do it and there's no shortcut, yeah. The the influencer

class right definitely seems captured ever since last April they've all been saying in the same

tune all of them right and some people go in and out of it but the core group all started talking

the same way about the same issues and it's almost as if they just got captured and they were

basically told this is the script and that's what they go off of. Yeah but being decentralized

is better look in the 70s we were captured by a narrative that we just didn't know right there was

channels 36 and 10 ABC NBC CBS they told you what they thought you wanted to know you you had

trust in them because I'm both the grunk and he sounded believable but it was all bullshit

they it was very centralized very manageable very controlled and now it's gone the opposite where it's

it's ubiquitous but I think the people that are having a large measure of success given the

challenges of that ubiquity and news you know on Twitter is that some people are creating a niche

for themselves as a trustworthy news source with with the record I mean I pick just one like Tucker

Carlson I think is an honest actor now he'll tell you what he thinks but he also has long form

format with people on his show and you can you can figure it out for yourself whether you believe

what he's saying or what's being said or Joe Rogan or some of these long form podcasters I mean

I get most of my information and most of my because it's just such an overwhelming task to just

try to stay keep up from alternate news sources I can't even tell you the last time I watch

Fox News or CNN or anything like that because when I do watch it it just it just seems like pure

propaganda to me so their business models are failing a new kind of dynamic is taking shape

and and inside of that new dynamic you you have the ability to select who you choose to listen to

and I would just highly recommend that you keep a track record on them so that you know you know

if they're an honest actor but I prefer the decentralized news than the centralized news all day

well even even that has its its expiration date so you can see some of these great people that come

out here and have great information and they go broke because you know if you're an anchor at Fox

News you're making four five million dollars sitting there lying to the public and these people

out here telling the truth make very little and you're mentioning Joe Rogan and Tucker Carlson who

you could you could make a very strong argument our intelligence assets they're directly related

Tucker Carlson is the son of the head of propaganda at the CIA so yeah yeah no you make

you make the right point is listen to everything sort out the truth you have to listen to everything

both sides of a story haven't been told in this country for 20 years so now that you at least

have two sides which ends up being 13 sides of a story you need to listen to them all to see which

ones actually have any sort of merit for you to be able to determine what is true and what isn't

so it makes the consumers job a lot harder in a decentralized world which is a good thing because

people need to think for themselves but you'll watch the the independent journalists are turning

turning to the dark side as well right like you're watching some of these guys that go from great

information great stuff and then all of a sudden they get elevated to a new plane with massive

followings and all of a sudden they're at fancy parties like it everything gets captured by this

by this cancer that exists in the world and it's unfortunate it's gonna happen i'm not saying

it's the end of things just you need to continually look for new sources because new sources arise

that have raw truth and then these other sources kind of get tainted over time i've seen it for 10

years now so i don't disagree but i that's why i really appreciate spaces like this we've got people

with a broad skill set that jump in and out of these spaces like robert i mean you know like

like get my macro my drive by macro from robert why because he's excellent at it and i can trust

what he's saying and that that just is just another form of what i'm talking about the the

availability of information now you layer AI on top of that and we're really in for a struggle

because discerning what's real and what's fake is just a full-time full-time exercise and hopefully

we can figure that out in some reasonable way how we can distinguish between manufactured videos

and narratives and and what's real i don't that's gonna be a big problem in my opinion but at least

we get to kind of sort through a lot of different things and find what what we think is the truth

because at the end of the day um i have a love affair with the truth not winning an argument

not anything else just the truth well let's hear from robert robert what's going on man

hi guys yeah not much just listening but the straight of horror news is still closed and uh you

know the war is uh still going on so yeah but you you do see a narrative change as of 12 hours ago

and oh yeah they're yeah they're building off ramps yeah they're the at there

we're talking about uh yes though uh robert yeah stock market stock market believes it

yeah taco Tuesday baby is you just say the taco fiesta friend that's the words i

i love it i lived off of tacos and couch they were free you go to the bar that has the free tacos

and that's how you sustain yourself it on three hundred hours a week hey kudos guys they weren't

free up to guys come on kudos what do you got brother what's up guys hey sorry i'm in a uh

gym so there's a little bit of an echo i want to go back to the quantan thing real fast the the

question i have is like to frat or to tamar who i think i sat down but are even taren's or Lauren

have we had a like a space is where we get Nick Carter up and and an expert like i was listening

to shamelevi earlier in tamar and have this discussion like in an unemotional um respectful way

because from from my perspective you know this is initially important maybe because i'm a big

coin investor but um what what i see is a lot of this is coming from Nick Carter but i've been following

him for like several for for more than five years and he was kind of an energy big coiner and so

you know i'm not going to speculate on like motives here but like i've been following him for a long

time right and he's coming out with papers and he's making some arguments but then like i'm

listening to shinobi earlier who seems to know i'm what i'm listening to are guys who know a lot

more than me who have divergent opinions on an issue that i really care about and so while

we're all looking down this hallway and no one knows Nick Carter doesn't know shinobi doesn't

know for certain this is an issue i think it's important and we're all trying to struggle

into figure out and says you know the simple question is like yeah kudal you may not you don't

come here necessarily every day but we do we have talked about quantum a lot and back when

i know so let me just yeah yeah no without your question you're repeating your questions six times

like you typically do we we get it you want to know have we had discussions on both sides of

of quantum uh which we did go ahead spit out your question kudal my request is like having it

just having a debate having yeah yeah we've had those another expert how's that happen yes we've

had numerous ones of those and as we just talked about this morning it's it's all it's all complete

fun and look just to just to put a finer point on this i mean marty and the guys at tftc just came

out look the the the the co-author in this google's quantum paper which is the genesis i think of

this latest round of fun he calls himself a bitcoin security researcher he actually works for the

ethereum foundation okay so you know he he casually drops something like bitcoin proof of work is

like come on man like this guy it's not a serious actor but yet everybody picks it up and starts

running with it who've got all these all terrier motives you know with deterrence's point we did

talk about it is it a theoretical threat yeah is it an exigent threat no not even anywhere close

to it and then even if it were possible which is you know highly speculative at this point

you got to put yourself through what i said earlier like okay now somebody does have the

ability to do this and the first thing they're going to do is come after bitcoin it's just

preposterous well i think the real question here is this uh at some point the threat will be real

we don't know you know maybe it's 10 years from maybe it's 20 years from now we don't know right

and maybe maybe it's three years i i don't think it's three i don't think there's a real

extra but then the question is from the moment the threat becomes somewhat reasonable to the time

that bitcoin becomes quantum resistant what's that timeline and i would argue that timeline's not

going to be five years you know what i mean i think once we start you know breaking non toy problems

with quantum once once we get to that point i think we're gonna have an upgrade and i don't think

it's an impossible thing i think we will come to an agreement as to what the upgrade looks like

i don't think it's it's it's not as hard as the people saying

the sprouting the fudge say it is and therefore i think it will be solved and i don't think it's

going to be that big a deal it's going to it's going to be a lot similar to white 2k if you ask me

yeah i'm not satisfied with the narrative that is being presented about uh theoretical quantum

physics i i think there's a lot of nothing there what what intrigues me is the discussion about

the implication of quantum theory which is simultaneity is simultaneity even possible like can the

unit of measure of time be a singular place that two things can occur at the exact same precise

so simultaneity and i think there's there's a lot of interesting implications and and and potential

applications in the future of a simultaneity that comes that that that emerges as something that we can

leverage in in the physical universe but like all this discussion about quantum computing and

everything it's it might at the end of the day just be based off of a and a theory that is proven

to be not true that there is such a thing as a smallest unit of measure of time but but once again

it's like that the we will continue to try to drill down to see if simultaneity is possible or if

everything at the tiniest tiniest infinitesimal level are just one thing after another

a new era can i have a hit off that joint it was really good thanks no i sometimes i

listen to narratives out there in the in the in the you know the free range and and i'm like this

there's there's no there there right but there is something really interesting about quantum theory

there's a couple things you know and the cat both be alive and dead at the same time

unless it's observed that that's and and can things communicate with each other simultaneously

over distance that to me the that's a further continuance of humans desire to make communication

of of ideas faster and right now we have the upper limit of of the speed of light but can can we

communicate ideas faster than the speed of light i think that's it's that's what's at the essence

of real quantum science right now the speed of light is an assumption in the current framework

that we have is considered a law but you know i would say quantum demonstrations suggest that you

can have the simultaneity that would sort of what the hell is going on here so you wave or particle

you know who knows but i i would say look for there is the whole theory behind us the the physics

and the math behind quantum computing but i would point to the the biggest issue is engineering

it's how do you engineer this on in our current understanding of how quantum computers actually

operate i had the opportunity several years ago to take a team to IBM's facility in Pekipsi

and you actually got to see you know off it moves from theory to like what the what the hell is this

thing even look like and it's an engineering nightmare right you have to run this stuff at near

absolute zero it has to be completely fault tolerant the thing is sitting on a very low seismic

area hanging from a wire in the ceiling because any physical jitter whatsoever screws everything up

now take that and scale it forget about it now you can scale and do error correction through

massive parallelism and statistical noise reduction but it gets to be very expensive and this is

this is what i say is the engineering side of this so can it theoretically be cracked

yeah i guess it could but it's it's really the uh the the stuff it's going to get hit is is going to be

not shot to 56 but the ecdsa which is again it's eventually maybe 10 years 20 years who knows

there may be never but not in the short term for sure and and i would just say the limiting factor

here is really engineering i think i think all of that is really important stuff to keep in mind but

i also think that the sort of theoretical physics and math sort of area of discussion really

turns a lot of people off because they can't really keep up with it or wrap their head around it

and and i think as with all things bitcoin there's a call to action here for the average pleb

to think about and to check on if you are concerned at all about these things i think there's a

clear call to action here about if you self custody bitcoin on chain

do you even know what address types your bitcoin is sitting on different versions of bitcoin

produce different address types do you have public keys exposed just by virtue of using an old

address type or are you sitting keeping your your UTXOs on hashed public key addresses and then

other calls to action that are really really simple to wrap your head around and implement

are you not reusing addresses are you using basic practices that keep you out of trouble as far as

each time you move bitcoin into cold storage you use a new address and you never move bitcoin twice

to the same address and then once you spend you spend you know that that whole UTXO moves and

any change comes to a new address and you're constantly using new addresses it's a it's a kind of a

a little bit intimidating thing when you very first encounter that concept but as soon as you start

actually doing it and you get a little practice it's really simple and it basically bypasses

most of this stuff because really the theoretical risk to bitcoin is on those older addresses where

the public keys are exposed just by virtue of the old address types and or bad practices like

reusing addresses which is why it's the exchanges and a lot of entities that have basically been doing

the same practices on chain for years and years and they have basically reused addresses and

in doing so are exposing their public keys that's where the risk lies for an average individual

it's really not that hard to just adopt some simple best practices you know take an interest it's

a learning moment you can figure out oh I'm on this address type and then you can really sleep well

at night knowing even if this theoretical quantum risk manifests it's not your coin that's at risk

and that's another thing I just want to add is that I don't like the idea of using this language like

oh bitcoin becomes quantum resistant or bitcoin is not quantum resistant it's a much more

nuanced thing it has to do with specific address types and specific specific patterns of behavior

on chain yeah well said TC if I can pile on that real quick a lot of times when people talk about

quantum and bitcoin the first thing they talk about is oh someone's going to go take Satoshi's

coins right he has 1 1.1 million bitcoin from the early mining days when back when the coin

base when the block reward was 50 bitcoin per block but what they don't know is that he he was

using a different public key every single time he mined and as to TC's point this was an older

address scheme where he he didn't generate new addresses from the same public key so so each

public key in a sense was exposed but even him you know he didn't he didn't reuse an address and

so someone you know North Korea can't go in and take 1,100,000 bitcoin they'd have to use

so much energy and so much compute just to try to break one key within one block which would be

50 bitcoin at most and he's the most exposed compared to all of us and who are using best practices

as TC just pointed out so and and forget about even the incentives you know you want to break

bitcoin so that you can have all these riches but minute you break bitcoin the price goes down

and you're just breaking your own riches so it's definitely a lot of fun but to TC's point

everyone should just you know as we've always said long before quantum ever came just always

generate a new receive address every time you use bitcoin and yours it's very easy for any of us

especially those of us who are here every day to migrate to stronger addresses if you haven't

already I see dark appear also

what's up dark is he up here I see him as a listener I see him here so it well I'll keep talking

until he comes off but so Satoshi basically has 22,000 wallets because he has 22,000 separate

public keys there isn't one we always talk about Satoshi's wallet oh someone's going to go get his

his million bitcoin his million one hundred thousand bitcoin no you know you gotta go after 22,000

different wallets good luck with that hey guys how you doing top of the day hey it's up dark good

to see you back Eric welcome back brother I hope you had a helpful trip yeah man look I you know

I'm no expert on quantum but I can tell you this that the the way the entire financial system runs

is on a system called fix the financial information exchange and the security used for every

financial transaction that I know of is a TLS security so it's basically a website

identification and if you if you just google it is TLS more vulnerable to a quantum attack

than bitcoin you'll you'll get quite an interesting rundown of just where we stand so if you're

worried about bitcoin with a quantum thread the low hanging fruit is actually the entire

financial industrial complex which would be brought to its knees through a quantum attack

and and quite easily matter of fact I would even venture to guess that they're going to have

AI threats to TLS and we all know how easy it is to set up that in the middle attacks you can

look at a company like Zscaler that doesn't on a commercial scale this a lot of this stuff is

just just a joke right like when you see the entire financial markets redoing their their entire

legacy infrastructure then comes off to me speaking of jokes Dom has his hand up

I was just going to say you know they're not my argument but their argument and they're trying to

line this up right if you look follow the incentives is right bitcoins lack of ability to

upgrade quickly due to consensus and all that is going to you know not happen in time and of course

all these other chains or like you said central entities they can just make a unilateral decision

to implement quantum resistant tech they're going to be fine so you know there's there's some

counter arguments I don't think that they're sound but but that's what they're going to try to

spin up right and of course how do you make useless tech useful you have to create an urgency

they're always you know the alt the altcoin market right now is dead assistily no heartbeat nothing

you know how do you revive some of these bags you got to create this urging pressing issue

that Bitcoin would be lucky to adapt in time to meet and you know if I were you I'd start putting

your faith and wealth in another asset that can quickly adapt to quantum good point

do you money you've been quiet for a while what's going on here nothing man just kind of chilling

trying to catch up on the news from the past week that I missed but you know it does seem

interesting where Trump is bringing all of the you know corrupt clowns to the surface like the

Apollo whites right like the Judeo Christian bullshit you know and and bringing about

you know this transition I think you know we have to realize that we've been heavily infiltrated

by Zionist Jewish bankers that are hellbent on destroying you know the future of humanity

and that's really you know as as simple as I can put it but you put out a good thing yesterday

I think got community noted about you know the whole Judeo Christian bullshit story that goes

around and how you know none of that is actually true and I think Trump is actually using Iran

as a proxy to attack Israel in a 5d chess move to break about not only NATO but the central

control of the insurance that backs the oil right through throughput and also you know a lot of

that stuff and I I kind of listened to some of yesterday's where Simon Dixon was doing again

as usual you know the Fed Fed plant that talks a good game on Bitcoin and Cold Storage but you

know he redirects all his energy towards you know the doom and gloom scenario which

um you know I like to think more optimistic terms and I think that's happening and I think if

you look at what's going to happen in the future that you know we're we're we're heading that way

well you talk about the post I said where like the the the actual founding father's story of

this country as a complete farce that one or yeah yeah I'm unsure of you know like there's many

people who have conviction either way I don't know what what I do know if we keep hearing Trump

as exposing people but if exposing them means putting them in positions of influence and power I don't

know that that's exposure that's that's propping up so you can look at it either direction but I think

that where we are right now in this world is confusion by design and I think it's not going to end

for the next foreseeable future I think that what happens right now there are 12 sides to a story

and you hear 58 different versions of each one and all of them are confusing so I have no problem with

anyone's opinion as to what's happening because that's your opinion is as valid as anyone else's

at this juncture in history but I think one thing is for certain though we are watching Taco

today um and we are watching that peel back and I don't know if that's intentional if that's uh

something that's being done what it does look like to me uh because I went on google maps probably

about three weeks ago before I did an interview with Larry Johnson and I looked at the the base we

have in Bahrain and it is it is a sandbox there is no building standing there so I don't know what's

what's happening in Iran no one knows what's happening in Iran everyone thinks they know what's

happening in Iran uh but it is thousands of miles away from my my view and I try to look at things

from both sides and take into account you listen to one side and it's like the United States is getting

destroyed in Iran which is almost an impossibility it really is almost an impossibility with the amount

of equipment we have the technology the military size and then on the other side it's like Iran is

being destroyed which is also sort of an impossibility because of the chief engineer equipment that

they have that is disposable and being used pretty regularly so you know gee bring up good points

that in the end we are being infiltrated by multiple groups uh it is not just one group but as

multiple groups that are vying for power of control of the world and that's an undeniable take

at this juncture in history but we'll keep moving here a bit how to stand up here I want to

get to him too yeah I just had a question gee money um how do you I mean I know you got a lot of

commentary and the best thick issues and stuff like that with Bitcoin which is great how do you see

Bitcoin play in the geopolitical realm in some of these larger contests I mean if we are

going to be the crypto capital the world and being a Bitcoin standard and stuff like that is the

what are you watching you know in relation to China in some of these other countries in their

position against Bitcoin and how do you how do you how do you how do you how do you get signal out

of that what are you looking for I mean in reality right we're heading towards centralization of

everything and so if you look at all these different countries you're going to find out that

you know the powers that be the more corrupt they are are going to try to centralize as much as

possible and there's really only one way out of that right they're going to clamp down on your

finances they're going to clamp down clamp down on your freedom of speech and there's only one

exit right like Bitcoin is digital 1776 and this isn't just for Americans this is a worldwide

revolution and that's why I think it's funny when puncher makes fun of the Bitcoin conference is

like oh it's just a conference bro this is a fucking worldwide revolution it's not just a Bitcoin

conference and I think people that are like do me and glooming on the Bitcoin conference are

like have their heads up their asses because they don't recognize this technology is just

you know they're just saying it's a financial technology when we're in an actual revolution right

and so imagine all the things that are going to happen in this worldwide revolution that's why

there's conferences in other parts of the world not just America because we're living through this

and so as governments and other ones try to clamp down on your data clamp down on your freedom

people are going to force to get forced to to go to Bitcoin what's happening in Iran right

people are forcing themselves to go to Bitcoin because the central banks are devaluing the money

at alarming rates and so every single country right the citizens of those countries are going to

have to find an exit and the only exit is through pain unfortunately and I think Trump is bringing

about pain through everyone at an alarming rate so that they rush to the exit as soon as possible

to take the power away from these creatures that print money at a center and so money don't you have

to be flexible for that what do you mean to put your head up your ass well yeah I mean you kind

of got to be a little bit flexible it goes you better stretch first that's one thing for sure

make sure you're limber yeah no gee the one area I'll vehemently agree with you on here is the

fact that everything is getting more centralized because we are being the world is being divided

into 10 kingdoms that that that that couldn't be more obvious and whether that's some sort of

patriotic play to liberate America in some way I just I'm simply not seeing I'm seeing

club of Rome play out I am watching the technique play out whether that's a good thing or bad

thing we don't know like that that's kind of the thing is everyone looks at it I try not to be the

the bloodite in the wheat field saying you know no please do not bring ye machines to ye field so

that I shall have a job I try not to do that but at the same time we're watching technology being

put in a position of governmental control and we are watching religious overtones being used to

manipulate society to accept it and those two things are pretty obvious to me but I think people

need to keep one foot in reality and one foot kind of in this fairy tale land like you know we've

been stuck in this system of control for for so long that people can't think outside of the norm

right they can only think of the nine to five Jewish banker cut out lifestyle that's been given

to them versus forging their own path and creating their own reality right and that's what we're

in what we're living in these you know this world of all you got to do this and you got to do that

with AI and with Bitcoin like the entire future is completely like going to be wild and I think

we have to get more creative with what that future may look like instead of just thinking like well

we're going to fix the money we're going to fix the world and you know then we're just going to go

back to voting and paying our taxes to pedophiles like no dude that entire system is over right we're

forging a new path together with all these technologies combined I truly believe we're going

to a golden age we're going to have starships launching every hour in a couple years we have

self-driving vehicles we're going to have vertical takeoff vehicles we're going to have all this

crazy technology that's been repressed from us because we never had a way to actually hold it

together with a an energy currency that would allow this abundance to happen at a major level and

so I don't think we're thinking big enough in a lot of these spaces and I think we need to start

doing that starships every hour I don't know about that Thomas what do you think about or dark

side what do you think about starships being launched every hour a little bit above my pay

grader I think it's a scale issue I just think again you know I listen to muskets fascinating

listen he he speaks in hyperbole to set an expectation but it literally just becomes a

scale and how can you scale that fast how can we get the materials and all of that the fuels the

the pulling it all together it's it's it's something but this idea of putting solar in space

to power data centers where you have solar high efficiency 247 by 365 is is is something very

interesting to think about because the AI story on on the ground here on terra firma

doesn't add up meaning that all the aspirations that all these companies have to build out data

centers we used to have a chip problem that now we have an energy and facilities problem I think

it's going to be very difficult to overcome so we need a breakthrough logistical thinking for the

win I like that I like that okay let's let's discuss a startup that I saw the other day since we're

talking about quote-unquote space there's a startup out here right now that is I think they raised

38 million or 35 million dollars in their first round from Sequoia and some other big investors

and they are building satellites to put in the into quote-unquote space with reflective material where

for a couple thousand dollars an hour if you want sunlight you can just ask the app pay a couple

thousand dollars and they'll redirect sunlight to your exact location on the grid

a I don't buy this number one be this maybe the most dangerous potential malfunction in the

history of the world and and see why in the world are we even exploring this so we had to just

have the discussion about which like I'm not a I'm not against like you to keep one foot in reality

one foot in fantasy everyone has their opinion I try to keep a foot in two-thirds in reality and

a little bit in fantasy but this is this this is where we're headed right now where we're trying to

redirect sunlight to our personal residents any time of the day for a couple thousand dollars an hour

while the average person right now is you know in Texas we just hit 378 a gallon for gas which was a

dollar 77 when I moved here in 2020 the reality and the fantasy are being really ripped into two

different paradigms you know $35 million start up to redirect sunlight from quote unquote space

down to the earth and whether that's upper atmosphere or actual space or wherever they are

whatever that is yet we are not really addressing the problems of the time that we have right now

and I think that's where the bifurcation of humanity is where there is people with there are people

with two feet in fantasy and people with force to have two feet in reality and that is causing

the strife in this country which I think is a problem that should be addressed right now before

we start exploring launching rockets to you know the moon on April fools day and I just think that

that's where we are that's my personal opinion I think there are plenty of issues to solve on

earth before those things can become reality as Thomas was talking about we don't even really

have the energy capabilities right now to launch off all of the funded data centers in this country

if they get a political approval because I just went through that the politics to keep these things

out are extremely strong and you're going to have to go to federal court in many cases

so we have that issue we have the energy issue we have the metals issue the procurement of

of natural resources like minerals and metals all around the world there's a lot of things are we

are we moving too fast is humanity moving too fast at this point in time skipping over the little

guy in the realities of the small problems are we are we trying to just produce fruit and avoiding

the health of the root like these are the questions of our time it sounds like some super villain

strategy that you can just take all these satellites and points on I think like what if some bad actor

takes up you know ten of these satellites and points them all like what do they point them all at

you Eric Rice and you know suddenly you become fried rice you know what I mean it's like

sounds just sounds like a problem waiting to happen well what happens like that like let's talk

about the quantum thought how long will it take a quantum computer to hijack all of these satellites

and point all the power of the Sun at one human being and fry them to a crisp you know it just kind

of we live in such a crazy time with so much new information coming out all day most of what you

can't verify to be true within a decent period of time but yet the next the next headline comes out

before you have a chance to verify the headlines in front of you and I think that we're at that

juncture in history where we have kind of I hate call it using the word elite but we have the upper

class elite of the world moving at absolute light speed while the average person right now is

truly being left behind and I don't know that there's a solution for that nor nor do I have an

answer to provide as a solution yeah it's a very good question Eric there's a couple good books

there are a couple years old now by Peter Diamandas one's called bold and the other one is called

abundance and they're very optimistic books about the technology the future of technology and how it

can transform society in a positive way it's a little polyanna-ish but it's but it but it stands

and start contrast to a negative narrative about the future that's that's you know the technology

base so it's good to read that just to put it it's kind of a different lens and spin on things

but I do think we we're going to have I don't believe that you asked a question are we moving too

fast I think probably and then and what I mean by that is the technology is not anthropomorphic

meaning that it's it's moving and it doesn't really care about human systems and the capabilities

are moving fast and a small cohort of the humans are you know the people like a mosque and others

are trying to keep up with it and fully exploited at the front end to the curve the issue we have

politically and society is we you cannot leave half the people behind because then the political

and social systems break down that support everything so what's the point of doing all this

if half the people don't even know what the hell you're talking about and they're not participating so

this will be an anchor to slow things down and the concern that you might have is what happens if

a small cohort of people get a hold of this technology to further exploit the the people who are

who are who are not there yet and you know history is right with people who have control and power

systems can trying to control everyone else so that would be the thing that I would want to focus

on to make sure understand there's a lot of positive benefits here but make sure that we understand

the risks in our political and social and economic systems the TV show Netflix black mirror that's

name that six or seven seasons it's an anthology where a lot of these questions are brought up

is what happens when technology decouples from social and political and economic systems and you

can see how we're not ready for that and they're good to watch occasionally this pick one that

they all have interesting stories if you haven't watched it I would skip the first episode about

the pigfucker and go to some of the other ones and go to the pigfucker after you required a taste

for black mirror but anyway I'm excited about the future but I'm also I have legitimate concerns

about our society and how we're adapting to this rapid change in the technology landscape speaking

of pigfuckers I see puppy up here out there that's a great South Park movie why do you call me

pigfucker because you like to fuck pigs hey yeah so hey everyone yeah you know looking at back

it's it we know it's interesting I don't know people notice not you know Trump's mom is

Scottish so for him to come out against great Britain UK is interesting I'm looking back here

and you know what when you're you're looking at people that view this situation from the beginning

I don't understand much they didn't they didn't follow Trump he said the same thing about a

ransom since the 80s for one but we're going in here oh my god he's he's a laptop laptop for Netanyahu

he's only been an American first guy and he's always been someone that reveals things he didn't

go out to prove to you like the mainstream media were lying you just said hey let's fake news and

guess what that became a mantra then people did the wrong research he reveals things and this is

what we have found out here going into this and he talked about it like you know why they know he

did this in his first term why are we pay 62% we're paying for 62% and you do nothing we get nothing

no one would believe them until proof is in the pudding he calls out straight up UK France

now polling the minute that he wanted something that they do not show up so when we hear him we're

talking about yeah why are we there why now he can't get anything done through congress that's a

fucking cesspool active at judges but he can use the military and he can use it now who's like

look man if we're going to this new future of AI that goes beyond oil but actually you know what

natural gas is more important because they got this stuff called helium that they derive from

there they need helium to cool this stuff down got to have control of helium most people don't know

that they don't understand what it takes these when you're looking at these missiles that are created

it's great to battle now in Ukraine and battle for the rare earth minerals all of this man this is

everything what was the one book there hunger games they just let them loose you go and grab all

your weapons this is a big resource grant this is a big way of people figure now how am I going

to prepare for the future because the ones that control AI and control this stuff have the unfair

advantage and this is what you're seeing unfold he just reveals like basically why we can pull out

of Europe we don't need on we you know what we don't need your bases it's nice if we can use them

we can fly around you we can take off from our own country and bomb the hell out of people

but what you're watching out is revealing how how are we lying was everyone ages finding out

go look it up man 70% 70% to 90% of everything that powers Asia is coming through this

cradle or moves now they're looking around like fuck why did we put all our eggs in that basket

maybe we got to diversify or what we like to use in Bitcoin maybe we need to decentralize

Russia is looking good right now aren't they Putin's laughing because Europe's got to come begging to

him Asia now they can get the U.S. is open for business they don't have to they don't have to go

all in but when he when he just unstruck here or struck it to say and unleash is everyone having

to take a hard look about what their country relies upon because Europe dude you guys they're done

man and out of you know I get man the Islamic Republic Europe is there but now you can't piss

anyone off there you don't want you don't want civil unrest but then you can't support the states

that have always been there for 80 years and in the beginning we got it was great that we had use

of bases and this is this is back in a cold war or when you use these old things called tanks

now we don't need that stuff targeted strikes and yeah guess what U.S. to get some of this done

they had to use this runway was there anyone that had better intelligence of Iranians

than the fucking country that probably has like three generations of spies there

they were literally putting dental caps in in the people that had dentists there

that were identifying identifying these guys and that's insane I'm hopeful I'm hopeful for that

future that future of those launches of of AI that you know what well I hope we can have control

but to get to there what we had to do is the last the last known commodity and by commodity of

where is the unrest and the GCC or the Gulf Cooperation countries they found out real quick wait a

second if we're gonna if we're gonna host these data centers we can't be hosting them within a

strike of this fucking regime that already showed they will go after our hotels they're realizing

and they're saying things in the back channels no one wants to hear hey Trump keep going this

is our only chance to like 12 this down and it open up the street for everyone so he's

revealing a lot we'll see if there's going to be boosts on the ground but this is I think an

important part of our future we move to this AI this generation that is already going to affect us

what are they seeing well goddamn half our jobs can be done within three years so this is a

major shift and a major major point in control of these visas I know from the US angle and yeah

Russia yeah could us to them I don't know what deal he has with Putin but goddamn they're in

the driver's seat when it comes to controlling Europe thanks for my let me around pubby look at

the capacity of your brain when you stay on the wagon it's just truly amazing let's go to puncher

okay I don't think that this was five DTS I think we got into this thing and it's a mess and

Trump's trying to make the most out of it that he can and I think I see an exit ramp I think the

exit ramp was the same one that I said the day we went in I'm like let's just declare victory and

leave so now it looks like that's what the talking heads and the administration are figuring out how

to do but again that is rife with untold problems first I mean just picking out a thin air you know

the legislature in Iran just passed the Straits of Hormuz Management Plan it's a real-based

toll no U.S. or Israeli ships are allowed to come and go through the straits no countries

participating in sanctions against Iran are allowed to participate or get through mandated security

environmental protocols cooperation with Oman on the legalities of it but it's essentially a

military checkpoint that we're seeding if we leave today to Iran and you know by the way that's

a clear violation of some laws of the seeds on close article 38 states are not allowed to impede

or charge tolls on transit through international straits they're calling it their territorial waters

whatever but it's in effect right now the the limited amount of ships that are getting through

are paying to get through and they are squawking and they're on certain VHS channels with the IRGC

and getting through now curiously that payment doesn't run through western payment rails

it's in Chinese Yuan and I think it highlights the weakness of our current construction of our U.S.

military that we can be essentially rendered moot to asymmetric warfare and in particular you know

when there's narrow straits like this around the world the payment is going to be two million

dollars in Yuan and that system is operational right now so now you think about us exiting

and again I'm all for it let's get out of there you've just proven to all the GCC countries that

we can't protect them and that was the basis of our entire relationship for the last 50 years

so what is that going to do well I think it's going to set off a nuclear arms race in the middle

least because what's the lesson of this if you don't have a nuke the United States can regime change

you and they will we're not going into North Korea why because they got a nuke so while I am all

for us what it appears to be pulling out and I said it a month ago day one is a bad idea I don't

think that this was the plan I think this is making the best of a bad situation but the second

third and fourth order effects of all of this I don't think are quite understood if we do

let's do extract ourselves out of there and I'll stop it. A country what you said happens and we leave

and leave a toll booth there for Iran to start accruing money what does Yemen do on the choke point

in the Red Sea I mean because that's a that's actually what's the lesson there what's the lesson

there it's an open invitation no set one up two why not they've already they have

and some seems to be saying time sorry you know oh you guys fight you don't want to help us

fine figure out how to get your own oil all right I guess but we don't have any vital national interest

coming from the Middle East so again it's just a total cluster I'm all for pulling out I'm all

for the meeting with G which I think will resolve a lot of this stuff and I don't know that

that Trump's going to have that what I said yesterday that Trump card in his back pocket which

is we control carg island you know as a negotiating chip I do not see that coming to fruition

given the narrative change I've seen over the last 24 hours Eric yeah I'll point out something

on NATO because I think we're watching the the dissolving of NATO I think NATO is being rendered

irrelevant but it's also being irrelevant based on its own documents so the lack of support

from NATO nations for America are actually following the rules that they said NATO is a defense pact

it is a a pact between nations to defend against an aggressor of another nation it is not

designed to be a pile on gang warfare against anyone you like which is the way it's been used

for for 50s you know for however many years so when we look at NATO and saying all these guys

aren't coming out they don't have to come in per contract they don't have to the United States is

not under attack Pete Hegseth literally today or yesterday stated that Iran does not have

missiles that could reach the United States which everyone knew everyone knew but that was what

was told to us to get us in there you know I see the you know I made a joke the other day

to a friend of mine who's a 5d chess guy and I was like you know what I didn't I didn't clean

up the backyard last night and my wife yelled at me and I said don't worry I'm playing 5d chess

it'll be done later you know it's just we have this environment right now where we're assuming

that that we're in control of everything and everything is happening and maybe that's true maybe

that's not I really don't know and I don't claim to know but what I do claim to know is what I see

and what is provable and what's provable in Iran right now is the fact that Asia is starving out that

is a major manufacturing hub for the rest of the world that that is happening on fuel Australia is

paying a price for it that's what I can see whether those videos are real or not I have no idea

in the age of AI but the reality is that right now there's a bunch of destruction and the military

industrial complex model is being used you make money destroying a nation and you make money

rebuilding a nation and that is an endless stream of income that comes so whether there's an open

invitation for Yemen or not in the future doesn't really it just it kind of becomes the same

playbook over and over again so hopefully this is the last time we see it I don't think that's the

case I think it was Plato who said only the dead have seen the end of war but you know war is not

good and it's just interesting to watch a nation be completely divided on this is a good thing

he's been saying it for 40 years well he didn't say it a year ago a year ago he said that

would be no new wars so is he a truth teller or a liar his first term was actually awesome I think

everybody loved Trump's first term but it just reminds me of you know hustling pool in high school

like I'm gonna give you three or four wins and then I'm gonna take all your money and I don't

know what situation we're in right now but at the end of the day I think that all of us need to

kind of take a look at things for what they really are and not what we want them to be and the

reality of Iran is the fact that it never impacted America and it's not going to impact America

everybody talking about gasoline shortages here is ludicrous I'm in oil and gas there is no gasoline

shortage in the United States that is everyone else so it's a it's a it's a it's a dangerous

situation to be in so I do hope they declare victory despite not having a clear victory and moving

on and and opening this thing up Eric what's your what's your thesis here is your thesis that

Trump is just really nearly going around stirring up geopolitical tensions to make profits for

the military industrial complex is that the actual theory here that's not a theory that's a

byproduct I think the theory is that what we're moving towards you know people call it a multi-polar

world but it's it's a 10 economic zone setup it's the North American technique and nine other

kingdoms run throughout the world consolidation of power in multiple regions that are currently

independent nations I think that's the ultimate move a decade from now and I think it begins by

creating unrest and and financials and civil unrest so that more implementations of new rules

and extraction of rights can occur I think that this playbook is not my own this has been written

by the people conducting it for 30 years yeah that doesn't make sense I just don't understand

how people can look at this context how people can look at this complex and lose

context of what has been happening in a world over the last few years I mean we have this is a

global war that's been raging for years below the surface and the fact that Trump is you know he

came in saying that he didn't want war which is an admirable case nobody wants war but the simple

reality is that once you get into the high seat and you see from a different perspective he didn't

have a choice I mean you got a you got a religious motive how did he not have a choice look Eric

you and I don't have the perspective of the president of the United States but but but you do

because you said he doesn't have a choice so you're assuming you have his perspective I'm not

assuming I'm assuming that he made a choice that was a hard trade off and my assumption is that

he's not a war profiteering megalomaniac psycho like that I didn't say that he was I said the

military industrial complexes this just opens the door well here's a question for you then

the western world has a demographic that's the size of a kitty pool in comparison to the

rest of the world we're significantly outnumbered in the globe how does a small country would basically

know people maintain a military capability that can outcompete populations that are three four or

five times bigger than us like I don't understand how people can see here and assume that having a

military industrial complex is some sort of like unjustifiable evil in the world I mean the world

is a brutal place guys like people had nukes and other hypersonic nuclear tip weapons pointing at

America so again so again you're taking again you're taking my words out of complex out of context I

didn't mention anything about evil it just is what it is right like I didn't say the military

industrial complex is this evil complex it is an evil byproduct war is a profiteering center do we

do we agree on that I don't think that's accurate man I think it's okay I think it's a calculated

trade off no it's absolutely a profiteering center how do you have how do you maintain an

industrial military capability capability that is superior to your enemy outside of a war you

have to have a profit motive for industrial companies to play the game and if they don't have a

demand signal for their military stockpiles then how do they see through the period of

interwar period where they have when they have to maintain this capability to flick it on in the

moments notice without huge profits like so how are we having a disagreement when you just explain

my point in different words my point is this like the assumption that this is some sort of you know

air great air that needs to be corrected in the world it's kind of a joke and the perspective

what great air needs to be corrected in the world that the people desire peace look look as an

American you know and and the western world there's there's a coordinated attack every day to

basically wipe us off the face of the planet I mean you company spaces and you listen to some

of the people talk about there's this weird assumption that you know Americans in the western

world think that we're in this position that requires absolutely no military capability or you

know overseas engagements with enemies to keep us safe I mean it's a it's a falsehood the amount

of the amount of energy that America has to spend to keep wars away from the the nation state is

tremendous I mean that the whole reason we have a way way way way way way way way way we live in the

most defensible land in the history of the world divided by two oceans Eric we just had six

different mountain ranges we just had 30 or 40 million people come and understand as did as did

united kingdoms Spain Portugal and every other every other country in New Europe Eric we've lost

500,000 people from fentanyl deaths in this country that shipped where the only country in the

world suffering from that we're the only targets well there you go there's a fifth generation

asymmetric warfare that's being waged out America and it has a body count yes and fifth generation

warfare which is moving into sixth generation warfare including psychological and AI warfare

is being conducted not only on our enemies but on ourselves by ourselves look I'm just saying it's

a confusing thing to be it's a confusing thing to break down here's my perspective I'm just saying

people need to wake up they need to figure out you know where we are as a country and actually look

at the real threats they're in this world and they and I think having this ice police is I

as I ran a real threat to America you had a country that has the is Iran's military a direct

threat to the United States Iran is the Chinese proxy state Iran China has run away

hypersonic missile capabilities that out exceed our abilities to defend against them there's

there's an assumption there that a religious country in the Middle East that has a very

regimented dictatorship could easily get those those assets and then what conversation

are we happening a hypersonic missile could but how could they easily get those assets we just

heard that they have dentists implanted in every area of the country we would know if those assets

were being moved at any given time why do you think there's more information I mean why do I think

we're in there I think I think we're in there to to actually create a greater isla real plan I

think that is a support of that I I do think that that's a certainly a strong possibility I don't

know neither do you by the way you don't sit in the center meetings neither do I so I acknowledge

the fact that neither one of us know what the hell we're talking about again can I give a quick

perspective like I go ahead you need you you can't of course you need military protection yeah no no

yeah right so you do need to have a military that's ready to go on a moment's notice for

else you become a victim at you know in in in history teaches but the I guess the transition is

the perverse incentive to have like a public company as a as a part of the military industrial

complex that's focused on profits and then you have to make the leap while war is good for our

profits so that leads to all kinds of interventionalism and everything else around the world which are

founding fathers deeply warned us about I agree with that so how do you how do you stop that how do

you stop the the perverse incentive from kicking in that in order to maintain profits and to keep

the military industrial complex going with its huge political influence by the way I mean the fact

that they can even contribute to campaigns is is a big problem how do you how do you prevent that

perverse incentive from manifesting in what it has over my lifetime which is more and more

interventions which at the end of the day seem to be about keeping the military industrial complex

in profits well all you have to do is look at who's put in positions of power and where contracts

are going to see that that's happening I forget the guy's name I think it's Finkelstein

Finkelstein something he's the number two guy the department of defense he is a defense contractor

private equity guy he is organizing a complete private equity army to continue to stockpile which

like they let me make this clear there's no disagreement in the fact that we need to have the world's

most powerful military that's for defense totally get that but the reality is in that system is

being designed as a profit center has been designed as a profit center we were warned about this in

the 60s and it got out of hand for where we are currently so do we did we need to go to Nicaragua

do we need to go to some of these other places we just go in and beat up I don't know I don't

know I'm not I don't sit in in defense meetings and have a full breakdown what the American public

gets as the slap narrative for each one of these things is almost always if nothing else Swiss cheese

with lots of holes in it right I think we're probably all agree we're living in an imperfect world

right we have an imperfect system we have an imperfect you know a capitalist system we're prone

to corruption you know we're on a fiat standard which is a loud debt-based financing of militaries

and that has allowed a arms race across the globe and that's kind of where we're at but I think the

I think the acknowledgement that people have to have is like you know especially in the spaces

in in his community is like we have to zoom out you know like the structure makes twist per you

of twists and sentives but the fundamental reason some of these structures came about had some

validity I mean there's a reason why you know fiat standard became the standard and it's probably

because even me says this it's probably because you can debt-based finance a military and you can

crush a country that's on a hard money standard they can get wiped out overnight you can go over

there and steal all their gold so there's a reason we're here I'm not saying it's good I'm not

saying it's you know an amazing thing it's not as horrendous we're at a very dangerous time

with multiple things all coming to a head but I would say that like you know military capabilities

and defences like it's a critical role that we have to maintain it's unavoidable and even if we

were on a Bitcoin hard money standard it would still be a requirement I mean like on the gold

standard could you imagine if how hard it would be to raise money to have a military capability

that could counter a fiat standard you know crazy regime that was hell bent on destroying you

off the face of why that I mean it's there's some structural practicalities here that I think

people don't talk about right like you know what you're bringing up and it is a great point

there are so many people that are just caught up why are we here what's no please you're here all

right you're here this is the reality okay how you got here that's all that's a whole another

story because there's there's a narrative for every reason oh look at the merciful us they're seeing

the these nice Iranian Persians getting 30,000 shot down in the streets and you know there's a

trouble oh hey remember remember 1983 the bear 220 Marines killed but everyone's got a reason to

be there people have reason they don't want us there the simple fact of the matter is they're

there right now apply the reason that you want but they're there to the point of how do you withdraw

the point has been made okay the point has been made here look I'll give you an example look at

South Korea right now how many years man what was their biggest threat North Korea we were there

remember from 1953 they made a series about it called mash they were there what happens when

they realize that they don't have fuel now for their military well that's a little bit skittish isn't it

so it goes around man people are starting to wake up this the one thing Trump look he he loves being

American and I believe he loves American or loves not be it not only being American but he loves

this art of the deal and but what he hates is he doesn't like being screwed over and he hates

America being screwed over for all these years he sees 39 throwing in debt and we had to find

it out the NGOs I mean we literally just have open grip hey guess what just start up just start

up a child care here and you don't even have kids anymore we're just gonna get we're gonna

mainline the money into your system and he's tired of it he got tired of you you're taking advantage

age everyone else that would just take they live under the umbrella and they're not they're not

paying their fair share and what he sees now he can back out all of a sudden when this is when

the rubber beats the road because well one they're finding out like we we did it when when covid

happened right we didn't have enough toilet paper so we'll say one do we didn't have enough

reserves did we and everyone goes and and they they they they pile up on that this is what people

are finding right now wait a second we mean we only have three months of fuel to run our entire

country what the hell were we thinking this is this is sort of that economic reality hitting

and right guess what you've lived under you've lived this lie and don't don't get me wrong

as American I'm living the biggest lie you know what this has meant to me like it my avocado

toast went up 50 cents last week or something like that that's about it that's all we see but

slowly shortly guess what Venezuela we get half our oil from Canada Venezuela is now in the fold

in the western hemisphere multiple notice man only 2% 2% of anything the US needs from oil we're

net exporter net exporter when it comes to energy he's aligned these pieces where yeah you got to do

what you want we don't need the Middle East we don't need Europe but now the deal is going to

come in he put the tariffs down now the the difference is no other military in the world can

honestly touch us let's let's be frank about this when in when in Venezuela it just took to just

capture Maduro 24 hours come any killed within 24 hours I don't know how how deep they are in all

in all of the well but here's the thing now you're looking around and Japan's over there

Australia start now they're looking around okay who's going to protect us who's going to give

this oil well guess what the US is now diplomatically in a position of strength if they pull out

right now if they put like princess like he can pull out right now he exposed Europe for what they

are their week is fine he exposed it's hard it's possible it's probably it's hard for me to discern

are you are you suggesting that we sit here today and this is how Donald Trump thought this

was going to play out and it was a purposeful 5d chess move to get us where we are today to

accomplish all the things you just said well that I don't know about but the guy is a genius

because there's two there's look at I don't know probably there's two sides of every single

statement that you just made there they're they're literally are so when you when you when you get

pigeonholed into saying like maybe you're right I don't know on the other side of this you know

we're saying oh these guys are forced to wake up and realize this well they're also forced to

realize that we're the ones who put them in that position and that's a dangerous position which

calls for a bit blanca saying we need a stronger military so it's a stronger military built for

defense or offense though that's the debate of the day right protect goes on that this goes both

directions this is us bringing it up but look at them everyone trying to get off the the dollar

right because they realize wait why are we we need other options and that's fine man

as an american yeah make them make them want to stay on the dollar of course but look at

it's just a sovereign individual like man you got to do us best for your country right if you

got to if you got to go on another system you got to you know pay for shit and won or now

big women whatever you got to do us best so yeah these are the things that I'm pointing out we

got to take all personal biases and wishes you can wish all you want this is you

people got things to fucking reality you may not like it but you got to deal with it

I don't know how to take that last sentence because you just gave a bunch of personal bias

and then to remove your bias and the bias in the middle right so it's confused I understand

what you're saying puppy again I don't know I always tell people time will tell I'll listen to

every every interpretation of of what's happening to from every perspective and in the end

there will be one that's right and all the rest will be wrong and I just hope that people in the

end who are wrong are like hey I was wrong I'm I'm more than happy to be wrong but I think that

these moves we're seeing are moving us into you know with some people call it multi-polar I call it

10 kingdoms or technates and I don't know if that's going to be good or bad but let's go to Sam

he said a stand up for one what's up Sam how's little Sam yeah everyone's good hi Lauren hi

Terrence hi everyone I'm really really interest really really interest and

conversation I'm enjoying it um firstly Eric happy to hear someone

reminding us about 177 gas because sometimes that tell people how much I paid for gas in

Tennessee in 2020 when we left New York and rented a cabin in Tennessee I paid a book 24

for gallon gas now Tennessee doesn't have sales tax but yeah that's just six years ago but

the point I wanted to make um it's neither to agree with Eric nor disagree but I just wanted to

hone in on a question uh that Eric asked of bit Blanca and I feel like that question is that the

crooks of um the war uh Eric asked is there a threat to the United States and I would say that

to answer that question that question and the answer has evolved uh as technology has evolved

as globalism has evolved um and Eric um you know from my humble perspective I would

offer the view that from a through a 1990s or 1980s lands is Iran a threat to the United States no

it wasn't a threat to the United States it isn't a threat to the United States but I would say what

we call a threat to the world and I would suggest that the ideology prevailed where the regime

in Iran is a threat to the United States it was a threat to Europe it was a threat to Australia it's

a threat to Canada um so I think that's what's at the crooks of the matter of the ideology and

I got really beat up on a space yesterday but I stood my ground for making this point um

I don't think that we should consider ourselves uh beyond the scope of what has happened in

in Europe and Australia and Canada um and I think we might see some evidence of that come

in the midterms I'm gonna sit here uh with a new mayor um we see what happened in uh Minnesota

we see various instances of this cropping up around the country it seems to be something that's

impossible to stop um and I'll land the plane here I listened to a clip last night um of a French

television program uh where they were debating and as a speaker on stage who had right

wing leaning uh uh ideas was challenged by a Muslim lady in the audience and it got heated

and he told her to go home um and she responded by saying I am home uh so she was French

born um but had a completely different ideology to what uh was the norm in Western Europe

so Eric if you know it's a hard question to answer but like I'm just trying to add my two sets

worth truth that I don't think Iran was a threat uh but I think the ideology that they're

probing is is a very big threat no I don't disagree with that Sam and I just want to

on a recorded space say that theocracies are dangerous in all capacities including when they

come home and I think we're we're being intended in the next decade to become a theocracy uh it won't

be Islamic it'll be ecumenical I've been talking about this for a very long time ideologies but

let's talk about radical ideologies radical ideologies that exist are consistently grown through

violence consistently whether it's violence they impose on other people so you have a radical

sect of people they invade a village they kill them the bloodthirst becomes a new growth

of that cancer of radical ideology that's one direction the other direction does it make sense

for a radical widespread spreading technologically advanced which Iran has proven to be technologically

advanced does it make sense to go in and drop bombs in a city of 10 million people

destroy their homes after an entire other version of of people who were quote unquote radical

in another region of the world were pretty much wiped out and annihilated does that actually

subdue the spread of that ideology or does it grow that ideology and I would argue that you could

say both I would argue both sides could be debated eloquently but for my experience in this space

and having been trained at one juncture in my life encounter terrorism that the ideology of radical

Islam is actually spread through imposed violence upon them your calendar yeah I would agree 100

I would agree 100% was that Eric and the one word that I left out when I spoke was I think

the threat has been decentralized and and so I agree with you 100% I don't think the threat

can be targeted by metals because I think it just strengthens and if I was to guess I haven't

a clue what's going on in Iran it won't pretend I don't pretend to but I would imagine on the on

the list of things being discussed in the think tanks that are leading Trump to sort of try and get

out of there I would say high on that list is the risk of winter cells which don't really get

mentioned but I'm sitting in a city here where I'll tell you I didn't go to it's the first year

I didn't attend this in Patrick's day period in New York this year and the reason I didn't attend

with my son was I was thinking to myself hang on a minute there's bombs being dropped in Iran I'm

in a city with a Muslim mayor in a large Muslim population there's a there's a pretty high chance

that something could happen today so I stayed home so yeah Eric absolutely agree I would

burn and raise the Northern Ireland through a pretty serious conflict where the the British at

that time were a global force and the more they tried to subdue as the terrorist organization

that they were fighting the more it seemed to spread so you're absolutely right I don't think

this type of threat can be dealt with by just flying over and dropping bombs I just don't think

that's no do I do I have a counter proposal I don't but um yeah I just think I just think it

was important to draw the line between you know in the 1980s and 90s we drew lines on maps and we

said everyone and said this line is our enemy and everyone and said this line is there is there

ally and I think that has evolved over time I think ideologies have become decentralized

and I don't know what the solution is but I think we need to focus on all their other things

and I say this to you I say that I say the love it love it louder I say I say this guys I say I

say the the way out of all this stuff is a is a rebirth and a regrowth of small town America

and boosting up Americans and their capacity to have a great life I mean that that's the whole

point our entire system has been usurped away and we have this wall street made street dynamic

and you can't have you can't have a country that is you know being hollowed out by all this

financial kabuki stuff and have a financial kabuki yeah hey do you guys mind if we uh

Terrence Eric and I all have other commitments to attend to demand if we let's hear from

dark then from dark and yeah Sam's got some potatoes to cook yeah potatoes dark do you want to

be the first after you finish your point to say your adios as well yeah for sure um the great

conversation I've kind of land on the uh more isolation aside of this look I think everybody's

looking at I ran in a vacuum but I think if you look at I read at I read the situation in

I ran and you consider what happened in the Ukraine and what's going on there and how we

and how we got this on good how we got to where we are today um I think you get a different view

right so look you know it was a fancy word the same way the Ukraine's a proxy war um I think

you know a sober assessment of what happened in the Ukraine as we started that and and now we're

bogged down in in you know mega death like lots maybe millions millions dead and now you know

what's good for the goose is good for the gander and we've gotten ourselves into a position over

there where you know the very players that are involved in the Ukraine war are now migrating

their way over to Iran all right um so I you know I'll land the plane there I just don't think

I land with Eric here man like you you you reap what you sow and you know just consider what would

have happened had we just reached out and tried you know instead of war we we reached out to these

people with peace and global prosperity instead of constantly you know dropping bombs and and maybe

worst yet is all of the kind of covert crap that that goes on with these countries um so look it's

been going on for 50 years right with Iran and just remember like that theocracy that came into Iran

came there as a result of the United States pushing a monarchy on top of their heads

and and and I'm seeing a duly elected government so you know the story is the same it just

keeps repeating itself over and over and over again and um I just for me it's sad but thanks

guys have an awesome day appreciate y'all yeah no I think it's a great conversation because

uh number one nobody's yelling at each other uh everyone is is conducting themselves professionally

and and honestly and we have differences of opinions except Lauren he's always always the

that is true yep absolutely I'm trying to put my tongue in your ass but it's pretty impressive

I'm trying to put my tongue in your ass but Eric missed those days I did miss that one that was uh

they've I'll have to call a puncture but it's pretty impressive no great conversation because like

we need to have open discussions in this world that are done uh intelligently uh that are done

with emotion that are asking good questions allowing the other people person to answer

rebutting them uh and I think that we have we have a an interesting perspective in America that's

tainted from the rest of the world that I think a lot of people are starting to open up and see

my tongue in your ass but exactly that perspective it's totally upside down uh but always keep them

wanting more buddy he said he said he said that was appropriate no this is good though let's

go around the horn and we'll close this up here today this is a this is a great space thanks for

having me back guys maybe next week or sometime later this week if I can hop on

Mondays and Wednesdays are pretty much out for me uh at this juncture but I'll give you an update

as to the stuff I went through it's totally a hundred percent bitcoin and political related

and I think this story is going to open your eyes as to uh how dirty politics can be in this country

in the smallest of small counties that appear to be libertarian uh it is it is just fascinating

what we've gone through and where we're at so one day and one day and one day I'm out I'm uh

I'm I'm helping out oil and gas company here grow a little bit integrate some new revenue lines

you can imagine what those are growing oil and gas company um but at the same time guys this has

been a great uh break away from that and have a chance to get back here and talk to all you Thomas

dark Sam bit uh we didn't hear from RV love to next time pubby love here in your opinions because

they're different than mine and I think we can learn from that Maryland puncher Terrence Lawrence

everybody's awesome uh thank you guys for being here thank you for keeping it uh low key I think

I hopped on a space last week for about seven minutes and it became a WWE chair throwing contest

verbally uh those are not they don't get anywhere they don't do anything but entertain trolls

this I think was a good conversation to get somewhere and build some understanding so let's start

going around the horn and uh let's start with Sam yeah I echo what Eric said um great conversation um

I've been thinking more and more about Elaine from the movie contact when Jodie Foster was asked

if you're the one to go what would you ask them and she says I would ask them how did you

evolve um how did you how did you survive the that technological adolescence without destroying

yourself and I and I say that in the context of AI and energy and rare earths and look we're going

through a lot of change I would add monetary systems to that and I see Bitcoin as a technology

so we're going through adolescence there's bumps in the road um it'll be interesting to see how it

all pounds out but I do think money is at the root of a lot of the problems um just want to thank

everyone who's spoken was a great conversation yeah let's go to bet yeah I mean it's we're in a

tough situation look I'm optimistic about the future uh I agree I think that peace and prosperity

is the key right like we have the ability in America to do that we need to focus on it in every day

everything we do talking with our neighbors building local communities I mean that's what the key

is and so I hope everybody has a good day good weekend and uh yeah talk to you soon

God bless your brother puppy go ahead oh man hey there you know there's a joke of the guy you know

walking on a sheet is a beautiful woman and says hey excuse me um would you have sex with me for

$10,000 and she looks them up and down and says uh yeah probably because well what about for

$100 and she slaps in the faces no way what kind of woman do you think I am you as well we've

already established that now we're just haggling okay so that's the US that's the way we're

approaching a world right now we're haggling the future is open for trade with the US but we're

gonna go country to country get rid of NATO get rid of everything else but thanks for having me

love you guys uh RV we didn't hear from you buddy let's let's hear your closing sorry man we didn't

get no problem just nice to meet you I've been on and off on this space for a few months

and really most of the time the discussion is really positive and want to see say uh

props to all of you uh basically I wanted to speak regarding what Thomas was building up on some

people being left out of the uh some drops being left out from the uh how fast the current

technology is evolving in such but basically I think the many drops have been left out for a while

now regarding the technological advancement and how culture is developing in such

so I wanted to hear your inputs regarding that basically we have a family restaurant in Slovenia

and it's like the standards it's really hard to keep the standards high because

you can't raise raises in a region because people just don't have money or similar so I wanted to

hear your inputs regarding how to keep the necessary jobs running and going

uh and uh have some uh structure in society decentralized and such uh if you understand

that once for you Thomas can we say that one for tomorrow we can do that for sure

I appreciate that RV we'll we'll cover that tomorrow here or the guys will be here

I'll just jump in with a quick thing I don't think everything has revealed itself so we

we're operating with partial information and I would just say and I put this this one line

around there is interesting this has just occurred to me I think something about this situation matters

more than what it appears and we just won't know until it plays out so uh I would just be humble and

be less but less sure of what you think is true because there's so much misinformation out there

so just be very cautious about what you believe and don't allow yourself to be manipulated by the social

media yeah I think that's a perspective to take in every facet of life right now I really do

don't be so confident that you know uh but at the same time take the information that's coming in

and prepare yourself so that you can get into a position where you can thrive no matter what

happens I think it's super important puncher close us out

or not sorry we need to be here no no no I was going back before the british british uh

to his to his credit he pays he's paying up on the thousand dollar bet on silver uh we're

going to send it down to merch life and uh nice salvador murk being a great guy but he reached out

to me so kudos to uh kudos to british honest man um not a great discussion guys I'm

sure we'll have many more interesting times we live in and um I'm happy to hash it all out with

you guys thanks sounds good Thomas uh why this this again I'll repeat what I just said before I think

people should just you know be cautious about what they believe and be how sure they are we're

going to be surprised over the next over the next month and uh you know there's no way to figure

all this out because we don't have all the information and um you know what's the old thing measure

measure twice cut once I'd say you know read things three or four times before you believe it

sound advice lord i think there'll be people out there that want to take puppy up on the uh

ten thousand dollar to have sex with them thing so they can stack more sats but now

uh love is more important than bitcoin um enjoy your lives man they go by quick so the worlds are

an exciting place make a lot of good memories with your loved ones back to you Eric yeah I couldn't

agree more um self-imposed you know shut off of of social media or reduction in social media's

big increase in life um there's a lot of good you can get from this guys there's a lot of good

you can get from this but man it gets drowned out in a lot of chaos uh the world is designed to be

chaotic so that you can't find your center your peace your calm uh advise all you to just take

ten fifteen minutes a day and get in some quiet area and just shut it all down for fifteen minutes

a day just let loose from the world bitcoin is in a phenomenal position globally uh especially

domestically but i believe globally we're in a good position i think there's way too much panic

over bitcoin i think that that panic gets fed by um the various profiteers who love to

fud fear i mean fear is the first the f stands for fear have no fear it says in the bible 365

times fear not i think that is is great advice for you uh also it cleanses the asties one nine is

what has been is what will be and what has been done is what will be done there is nothing new

under the sun and i think that that is a a very very good place to look at the things we're watching

everyone says history repeats itself but nothing new under the sun it just has a different twist

and a different feel in this era and i think that the more you pay attention to the things they

are trying to appear to be new which are actually old the better position you'll be in so take all the

all the information you get on your podcast or social media your twitter spaces all that stuff

take it in as information information diagnosed becomes knowledge knowledge applied becomes wisdom

and wisdom is what guides you to a brighter future for you and your family so take it all in

build your wisdom build your base build your friends uh love your family and uh just take some time

out every day guys god bless you all look forward to next week and to on thursday see you here again

i'm big point today

yeah