Flashback 4 Years Ago: Bitcoin is Ethical Money and Will Explode! -Jay Dyer on GSB

show Hollywood Decoded. He's been featured on numerous popular shows and podcasts and debates with some of the world's top debaters. Thank you so much, Jay for joining us today.

like small government minded individuals. But I've seen it evolve really to overlap with what we're seeing as the American conservative movement. In fact, some of my colleagues who are more on the block chiint the corporate blockchain side of things, mentioned to me they're like, Wow, I feel like I'm at a q rally.

American conservative movement. Mike mcgloane, who's actually a Bloomberg crypto and commodities analyst who's really interesting, he also notices this. He's got a clear head on his shoulders. And then I've also noticed that there's been this split between like bitcoiners and the rest of the all coin industry or

the rest of the cryptocurrency industry. So there's Bitcoin maximalists and they're always kind of you know, calling all coin shit coins, for instance, and then the all coiners are all kind of saying that, you know, there's this Bitcoin

toxic maximalism. All that is to say that I see increasingly this overlap between the American conservative movement who harke him back to the right wing of the right wing, I mean, the radical kind of republican base of the American Revolution who were known for kind of being conspiracy theorists. They thought the king was like conspiring against the colonies and all this stuff. And Bernard Balin, who I believe was a Harvard academic, actually has a note in his book.

It's called a Note on Conspiracy maybe all four of this to you, and he addresses that there was this radical element who were convinced of a conspiracy, though not

everyone was. I see overlapping between the modern conservatives with them and the modern conservatives and bitcoin and all that kind of leads me to what are your thoughts on the overlap between American conservatism and particularly bitcoin, And then from there maybe we can talk about this black Swan event that the w EEF has mentioned.

or whatever. So I think that there's a confluence of things happening. The idea of the debt based FIAT system being a trap, being a scam definitely, you know, overlapped with the so called conspiracy world, which is really just the reality world. I mean, it's not even conspiracies, it's it's people who were looking at what's really going on

behind the scene, learning about the Federal Reserve. So I think that, you know, the Ron Paul era, which I was really involved in both I ran and ran Paul you know, campaigns and trying to you know, help out with that back in you know, the two thousand and seven,

eight nine ten era. That was the period when a lot of people were getting educated in the libertarian and conservative libertarian camps on economics, and I saw, you know, I remember that time at the time when you know, Ron Paul would have rallies where he could fill entire stadiums and he was really calling out the Federal Reserve.

And so, you know, Ran, I remember he based his whole campaign in twenty twelve or something, I think on the problems with the IRS, the problems with taxation, the problems with ultimately the Federal Reserve, and it was just really heard of at that time, even though you know, there's been a lot of you know, very goldwater types. We've been talking about the Fiddle Reserve for a long time.

And it just was a perfect confluence because as we started seeing deplatforming, as we started seeing people noticing what I think last year there was a twenty ten to twenty percent loss in the purchase of nower of the

dollar within a year. So people were really starting to say, wait a minute, like, we've got to have alternative systems, both in terms of media, in terms of how we get our information out, in terms of social media, in terms of video platforms, and so obviously to money, we need other ways to uh, you know, conduct economic transactions to share ideas and value that cannot be destroyed. They cannot be easily you know, gotten rid of, cannot be deleted.

Since or so, the parallels became natural, as you said, between increased education on money, monetary policy, how everything's a scam when it comes to the Fed, it's private banks ripping off everybody in terms of general rational wealth through inflation. And then at the same time, we have, as you said, this sort of amazing invention that comes about with bitcoin, where you have this really ideal money system. I always call it like an ideal or a neoplatonic type of

money system, because that's what it is. It's the hardest, best way to do money, hardest asset gold and silver.

Obviously we're next to that, but it's the ideal. And so I think so many people being forced to come to grips with reality when it comes to the great Reset, when it comes to what's been happening the last two years, also forced people into reality when it came to how they're going to manage their personal finances, their investments and all this stuff, and so that just it was just a perfect confluence of all these things at once.

But one thing that I did was I got inadvertently into studying monetary policy and money through reading geopolitics, because I started learning about the Federal Reserve and I started, you know, reading quickly Stragic Hope, which basically admits everything that people have been so called conspiracy theorizing about the FED. It's all in that gigantic geopolitical tone, which is basically trying to defend the actions of a debt based monetary system.

And he even begins the book by saying, this really has his origins in the goal promissory notes system, in basically going back to Renaissance medieval Europe, where they started separating the currency from what was the paper currency from the actual held back value of gold or whatever, and that allowed the banking elite to sort of run up these debts and they could then buy up assets on

you know, on the cheap. So it's it's a pretty simple and yet the same time complex scam that they run over and over and over, and so from a philosophical perspective, it was I was able to look at that and say, well, in philosophy, we have the idea of systems or systems analysis, or things that operate in the kind of objective way that are that are just totally math based, totally fact based, totally objective, and so what you would want to shoot for in that type

of a system, whether it's a system related to engineering or a system that relates to a worldview. Actually, worldviews operate in the same way our belief. Systems operate in a systemic way. And then you know it basically, you know, computers operate in the same way of systems. So everything that we do, even the household, like a household, mom, dad, kids,

it operates as a kind of a system. So when we understand systems and how they work from a philosophical perspective, I know, probably a lot of the listeners or watchers are familiar with Michael Saylor, the way he describes things in terms of engineering, and how bitcoin is this amazing engineering feat. You know, my analysis is more philosophical, so I can look at it from the vantage point of like philosophical systems. And the ultimate idealist system is Plato.

And so I'm not advocating everything Plato said. He was actually a statist and you know, very problematic in his worldview, but one thing that he did have a conception of was objectivity, the importance of mathematics. And then if you could make mathematics and objectivity kind of the ultimate ledger or the ultimate decider of monetary policy, then you could have what would be at least the closest approximation of

an ideal system. And that's what we have with a bitcoin type of system, is that approximation of an objective, mathematical based ideal. And the more it's based on that, the less it can be potentially manipulated by human beings. So no system is perfect obviously in this world. So I'm not avid. I'm not saying that, Oh it's the you know, like the salvation of everybody. I'm not a religious I do think ultimately it's kind of a gift from God in that sense that it is an answer

to a lot of human kinds problems. But I don't think that it itself is divine or anything like that. But that's what I meant by kind of a neoplatonic money system is that in that it's ultimately shooting for a public, definable, objective, mathematically based way to have monetary transactions, to have an economy, to have money and value an energy stored over time. And there's nothing like that. Really,

there's there's not anything in history. I mean, you could approximate it to things like gold, but but in ways bitcoin is even superior to that.

particularly in the context of the twentieth century. In college, my focus was on places like the Soviet Union, where their shortage was something that was quite common. Another focus

of mind was on Nazi Germany. Learned a lot about the German Democratic Republic thereafter, and of course the Weimar Republican in the Wymar Republic, of course, there's these stories of people going to restaurants and the price of the items on the menus changing during the course of their meal, or they would rather actually pay before they ate to make sure that that didn't happen, and their stories and I guess probably photos if I'm not mistaken, of people

wheelbarrowing money around. And so I began learning about the World Bank and the International Monetary Fund and their role in world affairs in the post World War two period. I think a lot of their funding, most of their funding came from the US taxpayer, and their policy was to only give loans to countries throughout the world in exchange for not only is it there that debt, but there's this austerity measures in quote economic medicine that those.

in the US history. I think in nineteen thirty three Goald confiscation comes to mind, so gold was confiscated, but not everyone turned the gold in.

path that we've seen a Bitcoin as an alternative. Not only was capped at twenty one million, I think is the only commodity in the world where we know exactly how many will exist forever more, but also it had in the genesis block a reference.

And so a lot of countercultural people were rallying behind it. But I think it was in the US it was really driven by the libertarian movement. Whenever you win, it was all like small government minded individuals for the most part. That evolved in twenty fifteen when the I think blockchain was co opted by corporate America and they started calling distributed ledgers blockchains, and they said, hey, we're going to

turn the world into a blockchain. They're really just talking about distributed ledgers at that point that by twenty sixteen, twenty seventeen, I was like, man, there's a lot of democratic socialists running around.

was overly negative in my appraisal of everything. And I remember thinking, well, if they if they rate a guy for that, like, they're not going to allow bitcoin, right, I mean, if bitcoin is what it says it is, Uh, you know, they're gonna shut that down. And I think they intended and tried, you know, for a long time. They're really shut down bitcoin. They didn't want it to be what it could become and what it is becoming.

You know, we've seen actually who Bill Gates, Hillary Clinton within the last couple of weeks have come out and said we got to get rid of this bitcoin. Crypton needs to go away, you know, Hillary, even Hillary is on to the fact that cryptocurrency, especially bitwin, is a threat to the traditional banking model and they're calling it,

you know, terrorism and all this nonsense. But their reality is that they're the central bank terrorists, right, They're the ones that are terrorizing the economy and have been for a long time. And there a lot of those people are Boomer tier. They're Boomer era, which means that they don't realize that people can within five to ten minutes figure out that the monetary system for centuries is a scam.

And it's that this is people aren't ready to grapple with that reality that for whatever reason, you know, especially people, you know, I have a lot of my audience is a lot of people probably twenty five and younger, they're a lot more hip to being able to figure those

things out like quicker. So I think that again we're kind of at this point where we've the wave has sort of crusted and tipped over to where I don't think that we're going to see a real shutting down a bitcoin or and in the stuff that they were threatening in the FUD you know, ten years ago, eight

years ago, because I think it's really proven itself. And yeah, I think that you're right about when we think about the projects that for example, Klaus the World Economic Forum projects that he recommends, and the blockchain that he recommends in his books, you know, it's it's an alternate version where we need to be on these centrally controlled things. And in the iron is of course that the original idea here is to not have a centrally controlled mechanism

but to have it decentralized. And so I think most of those projects and blockchain technologies that Klaus in the World Economic Form one everybody shifted over to are the ones that are going to be the most threatening. And so that's why I think it's central to conservative minded people or people who might be deplatformed to begin to think about the alternate ways. I mean, we should have already been thinking of We should have been on the top of this along. I kicked myself for not, you know,

getting into this stuff earlier. I got into it in twenty seventeen. I heard about it in twenty twelve, right, and I thought, Oh, it can't be that. But you know, the sooner the better, so you know the future that we're going into. I read a good article I think about six months ago. I don't remember what website it was on, but it was basically arguing that actually, you know, bitcoin and cryptos might actually be a great heade for going into a Great reset, because the Great Reset is

going to be kind of a global economic attack. I made a lot of videos last year talking about how I think that's this is really largely I mean, it's a lot of things that's to move towards global government all that, but it's also an economic attack to centralize wealth, to centralize control.

nervous about things like bitcoin or cryptocurrencies. But I think that that's it's a you know, there's phases and layers of education that we have to go through. And so it's not that any of these technologies are inherently bad, it's that they can be misused. So the point the problem is not blockchain. The problem is not the Internet.

The problem is not e money, e cash or any of this stuff, because we already use this, right, I mean, we already use the Internet, we already are banking is already more or less electronic when we're using apps to you know, transfer money already just from our fiat bank accounts. Uh So, none of those things is inherently the problem. The problem is, as you know, when we have shadowy, central, private, unaccountable you know, individuals who can manipulate the currency basically.

At well, I just covered a white paper that was kind of in the domain of I guess you could say conspiracy for a long time. But I think really we've seen vindication of what was written in this white paper in nineteen seventy nine. That it's a real document. It's called the Silent Weapons for Quiet Wars, and that document it's about one hundred pages, but it covers different ways that the society can be manipulated through economic warfare.

And they actually it actually says in the document that what people aren't going to understand is that the economy itself, the US economy itself, is a weapon, and it's a weapon that targets and attacks the society, not necessarily just at one point, but over time to rob people of their wealth through inflation. Basically, it puts people into a black hole where you run hamster wheel that powers the black hole, and the black hole it just always sucks away.

You're in value and your your wealth over time, and you're the one powering the black hole because you keep investing in the system. And that was the sort of amazing thing that I'd never really thought about. I mean, I knew about you know, IMF and all that World Bank and Bank for National Settlements because quickly covers that really in depth, and he talks about how it's kind of a control mechanism and so we really have to

understand that first. And like you said, Big Quinn is a philosophical statement against that, and so it's really just it's it's that's why it's a great hedge against it, because it represents everything that is what the Great reset is not, and it's using it's using computers and technology obviously to fight on the ground of computers and technology.

So we're really I think out of critical venture where education is because if people don't choose the right forms of these things, they're going to be co opted into you know, fed Cooin.

the classical liberalism which really inspired a lot of the Enlightenment, as well as the founding of the United States and our Constitution and Bill of Rights. Patrick Byrn knows that bitcoin is really a con continuation of that, and it's the acknowledgment of the sovereignty of the individual, the ability of the individual to make decisions for themselves better than

the few can or some leaders. And could you kind of speak about the kind of philosophical history of the individual and then the way in which bitcoin, for instance, really I guess, empowers the individual.

recognize the libertarian ethos from which bitcoin arises. I recognize the positive aspects of the history of classical liberalism, but I'm also very much a critical of classical liberalism, which you might think is ironic given that I would be such a proponent of a bitcoin. But what I think has happened is that we're at a point now where

those things in the past don't even really matter. I mean, they're interesting to study from a history of ideas perspective, from a history of the world or history philosophy, and yes they do relate, but I look at it like, look, if bitcoin works, and if it is fair, and if it is just and it's not a debt slave model, then it's virtuous money. It's actually a monetary system that is based on facts, truth, logic, math, objectivity, and virtue.

And if that's the case, it doesn't really matter whether it came from libertarians or even if some Marxists invented it, which obviously wasn't a Marxist. I don't think a Marxist could have invented but you know what I'm saying, why they were at the point where it doesn't matter anymore about like, oh, you like bitcoin. Then you must be one of those libertarians, you must be one of those anarchists, you must be one of those conservatives getting deplatformed who

you know wants to be a pseudo terrorist. None of those things even matter anymore, And now are at a stage where it's like we have to adopt some things that, even just from a pragmatic standpoint, that work. So if this is better, if this works, that's all the justification that's really needed. Yeah, I don't have a problem admiring and admitting the elements of the libertarian free market ethos that I do respect. But at the same time, I'm a big critic of neoliberalism. I'm a big critic of

classical liberalism in many ways. That does not mean I'm a socialist. I'm not at all socialist. I would be probably more amenable to something like a hop of you. But yeah, so I just think that just from those perspectives, when we do understand the reality of central banking, I mean, who cares if it comes out of a libertary and ethos, whether you agree with the returners or not. If it's a better, more virtuous, objective, truth based model, then why would we not accept that, like.

I'm talking about the ideas out of the French Revolution

and Enlightenment. So I would say, I guess if he had the belief that a a monarchical hierarchical society that was also decentralized or localized was a better model than a gig gigantic US imperial democratic republican model, if you had something like that, then and if if he argued that that was the on the basis of like Western monarchies that had even lower taxation models and principles than the I R. S and the FED have had, then he would probably think that bitcoin would make the most

sense that any that that the operations of someone like like a king going onto a Bitcoin model for his people, like El Salvador is doing, would probably be something that Poppa would think was a great idea. But and let me preface that by saying that that does not mean I am an advocate for most of today's quote monarchies.

I think they're mostly degenerate, just terrible situations. It's just my own kind of eccentric opinion that I think monarchy as a form of government is a better form because I think high ierarchy is natural to human beings to have a hierarchy, and that might be kind of at odds with the sort of libertarian ethos of the individual,

the atomized individual, something I'm leary of. But I think again, we're at a weird situation where the world is in such a bizarre place that these idealistic disputes don't matter as much anymore. And now it's a where situation where we've got to make the right decisions based on pragmatic things. And so what's our best options for economic theory. It's going to be a model like Bitcoin that's hard, that's

not inflatable, that's objective, math based. That's one of our best options in fighting against the emerging global government, which is what the great recet is.

the internet who are saying this stuff. That's not what this is obviously now libertarianism aside. I'm curious, like, you know, what's the individual's role bin in history, and like, how's bitcoin a continuation of that if it is at all in your opinion, Well, there is.

to other groups. And that doesn't necessitate that group or class relations, which I believe are actually ontological metaphysical realities, it doesn't necessitate that I being oppressed by them, or that I'm necessarily confined by them. Think for example, about gender. I mean, I believe gender is connected directly to our biology.

But if I was a radical individual as I might conclude that I am being oppressed and I'm being And that's what we hear a lot from the left is the narrative that any sort of objective reality and classification, that that sort of binds us or restricts us, is inherently oppressive, and so therefore they must punish anyone who restricts them in any way. But I think that some restrictions are real or natural, they're metaphysical or ontological. They

haven't objected reality to them. So I'm just saying it's a little for me, it's more nuanced from a philosophical perspective to realize that it's not in my view that the struggle of history is not the individual against the state, or the individual against the collective. There are cases of that, but I think that's an oversimplification of how the world

is and how we operate in the world. But yes, there have certainly been many outstanding geniuses who have you know, propelled society, and I would definitely class you know, bigcoin as one of those amazing inventions that potentially could change the world. Comparable to the Internet. I mean you could say, well, what's it comparable to? Probably to the way that the Internet has changed the world. You guys shouldnt debate whether it was good or for evil, for the better or

for the worse. But ultimately, then if we get these kinds of amazing additional inventions like bitcoin, then maybe the Internet can be a great thing. It's really up to us what we do with it. We're either going to use these technologies for enslavement, We're going to use these technologies for virtue and for good.

which was what Obama had handed over to the UN. Basically, I guess the control of like the domain names and that kind of stuff. And the idea was that this would reduce this would create an entire world changing event, so the world would never be the same. According to page twenty one, after this, what they called a cyber version of the Kufid so to speak, right, So this would lead to a new implementation rollout of AI. AI would then be rolled out as supposedly the answer to this,

you know, pandemic this or this collapse. I don't think that it. I don't think literally it means the collapse of the entire Internet. I mean, I'm not like an IT specialist person. I don't think they could do that. And I think, you know, decentralized networks are really difficult in that regard, how in terms of shutting everything down.

But the end result is that five G and the role out of five G would be key, would be key to the new Internet, as you said, which would be related to the Internet of Things, and that would be related to if you don't know whether the Internet of things is basically everything in the world in a way being modeled and mimicked in the simulant world in

some way. Thus the tracking and tracing would then potentially be total, right, so all of the world basically is the idea is is to be mirrored on the Internet in real time, so that everything could be tracked and traced and you could get future predictive you know, algorithms, all that kind of stuff. I'm trying to My note is a little messys is all all, oh uh, all global nation states that are all the global the globe

will adopt this new model, they're saying. And then it goes on to say that one of the key areas they would attack, for example, will be hospitals. We would see the rollout of ransomware. I actually think that the last year we've already seen kind of this with the pipelines and this kind of stuff, So I don't think that this is literally intended to be the entire Internet shutting off because a lot of people think, oh, why would I invest in dickcoin when Klaus wants to destroy

the internet. You know, Klasses don't want to destroy the internet. Klaus is actually rolling out all these cryptos that he wants you on, and those are the centralized ones that can be you know, implemented into this tracking and tracing total control system. It's rather breakdowns and attacks on certain areas of the economy, like I said, hospitals. And then they actually this was an interesting element. They actually say that there would be an attack on anyone who opposed

it or called it out. They would say that they are cyber terrorists. So if you question the narrative within the cyber Polygon exercise, they say that those questioning the narratives are thus aiding the cyber criminals, when, of course we know from this document the cyber criminals are the people running cyber Polygon. They're the one is Klaus wearing his hoodie hacking, you know, bent over his computer hacking, not literally Klaus himself, but the people underneath him, you

could say. And so basically it leads to one of the advantages of this is the shutdown of all alternative media, because they will say that anyone in alternative media questioning the narrative of the attacks will be framed as cyber terrorists. They will all be shut down and then ultimately it

even now this is my own speculation. If you've read about promis and backdoor technology, my speculation is that a lot of these infrastructure programs and places already have back doors, so it's already they can easily cause these problems through

the back doors as they so choose. So it is not actually Russia, China or foreign enemies that are doing this, there's actually the people hired into this operation that will be doing these these I guess you could, for lack of a better time, false flag attacks basically is what it would.

see control of I can over to international organizations. So your read on this is that they will basically like YANK at the domain level websites.

Spars document. But we had Clayde actually had Dark Winter, we have Crimson Coctasian, we have Spars, we have Event to A one, and so those were all exercises and plans that really sort of set the stage what happened in twenty twenty twenty twenty one. And so that's why when we pay attention to something like cyber Polygon, we're watching because we think that that's a potential card they

could play in the future. So, yeah, I don't know exactly to what degree I can would be involved, but it does look like they're you know, involved in this to some degree. And to your comment too about sort of collectivism, socialism, Marxism, communism, I think that Klaus and these people, you know, they're very open about for the masses, that's what they want. They want the masses to essentially be in a collectivist socialist communists, sharing economy, circular economy.

These are all the words they use for that model they want to bring in, and it is just really basic, basic bitch socialism Marxism. But it's a corporate sponsored and funded Marxism, which is the kind of the bizarre twist in this that a lot of people have a hard time with. Well, why would corporate elites banking at least, why would they want Well, well, that's actually the whole history of Marxism socialism is that it's a banking funded thing.

It always has been, especially when you go into who funded marx right, wealthy stock owners or why would well, Well, because it's a system of weapons and control. It's an economic weapon. It's not a system of liberation and freedom, and so it's it's a tool. It's a mechanism of warfare, is what Marxism and socialism are. And so just like the Silent Weapons document, you might think, you know, if you're a John Bircher reading that forty fifty years ago, oh,

this is Marxism communism. Not exactly, it's Marxism communism by a fortune one hundred cabal, by a you know, top banking elite cabal. That's what it is now. So for the masses, it's socialism communism, and for the elite it's a tier of kind of exemption from all of that and basically just THEFT.

The bitcoiners are arguing on the engineering front that because Bitcoin forces this to be built out in a modular manner, so you have to build it layer by layer, that that is a form of I guess hyperfrigility if you will, or it is a more sound engineering framework then just trying to stuff everything into an S two for instance. So that's the argument of like those that are making Lightning, those that are working on RSK, which is a bitcoin smart contracting platform.

to host temporary websites and chatrooms. Apple computers have an easy to use functionality built in which includes the pre installed iChat which will automatically run an ad hoc rendezvut chat room among anybody on the network.

Internet for all users within a range. Most access points will cover a one hundred meter area. And if your wireless device is built to support this wireless standard, I guess it's the AO two point one point one end wireless standard. Do you enjoy nearly a five hundred meter coverage area for each access point for instance? And I guess you can even use Nintendo DS supports Wi Fi

and its own wireless protocols, So there are options. And you want to mention that if the Internet goes down, then your bitcoin also are not destroyed.

And you know that. And I'm not an IT tech person, but you know, my basic understanding of the network is that you know, the bitcoin network is distributed amongst ten thousand different nodes. Some of those nodes are house the public ledger. So unless every node is destroyed like that, there's which is very unrealistic, very unlikely, And if that does happen, then there's much bigger problems in the world anyway.

I mean, if that happens, you're not going to be able to access your FIAT bank either, you know what I mean, You're not gonna be able to use your banking app if the whole Internet goes down. So you know, yes, in that case, the gold or silver, if there was a you know, a terrible event like that, those would be the most logical means to go to next. So you know, that's why I don't believe in only having one thing. I don't. I don't know why people think

that you can't have bitcoin and gold and silver. That's another mistake that people make because like, like if you say that bitcoin is even in my view it is a superior way of doing things than even gold, that doesn't mean gold's bad. You have, you know, multiple ways to hedge against multiple bad scenarios. So yeah, if things get really bad, then yeah, we would want to have gold and silver. We want to have assets, We want to have things that are not even necessarily connected to

the Internet or relate to the Internet. But that's a very unlikely scenario that the whole Internet goes away, or that all the blockchain computers are destroyed. It's just very unlikely. So yeah, I don't think we have to worry about that. And in regard to that, it just matters where people are storing their bitcoin, which you know, I would definitely say, you know, use a hard wallet in that red m.

all about. Shortly there after, Satoshi leaves the project, and then there's been a long standing rumor that the NSA created Bitcoin, and I know a lot of the American conservatives automatically say that it's like it's probably got some nefarious back story.

of a trick. And that was because at that time, you know, it was right around you know, Obama had been in for a year, and I think everybody's expectations about the economy in general were pretty bad with Obama and then I think that you know that we'd had the collapse housing collapse in two thousand and eight and nine, and so everybody there was just a very dismal outlook. You know, the public confidence was very dismal in terms

of the economy during the Obama administration. So all of those things probably affected why I was just very reticent initially, and I just didn't know what I was talking about. And over time, what did I hear. I don't know that I even heard one specific thing, but I remember in twenty seventeen, when I noticed bitcoin going up, I was like, well, you know, why is it going up if it's you know, this this big scam, and you know,

are they just pumping at the dump it? And I remember all of the news at that time was really just hammering away at it. So my first suspicion that maybe this isn't that bad is well, if the system is constantly attacking it, trying to destroy it, constantly talking about how much of a scam it is, I know, the system is constantly lying, well, why why would they

be saying that? So if the news is just blowney and the central banks hate bitcoin, why, I mean, is this a long scheme of oh, they're really attacking bitcoin because they want you to get bitcoin, so and so that I just started doubting that approach, that it wasn't that wasn't very likely and very tenable. Yes, maybe they could be playing a sixty six degree chess game where they want you to buy a bitcoins so they can

destroy it down the road. But it just didn't make sense because the more I would hear you know, these boomer Charlie Mungers and Dan Pena or whatever his name is, and Warren Buffett, when I would hear them attack it, I would hear them saying stuff that made no sense. Say and no, they didn't know what they were talking about. So more I would learn about bitcoin, the more, well, they don't know what they're talking why that doesn't make sense.

It's a stupid it's a bad argument. And as a philosopher, I try to recognize bad arguments. That's what we do, is look for fallacies. And so I would just notice more and more bad argumentation, bad reasons. And then I listened to Max for many, many years, even when I was skeptical a bitcoin, I hear I heard him talking about it way early on when it was like a dollar.

I was still listening to Max's show all the time, and I knew his you know, take on central banking, and I remember in twenty fourteen or fifteen, I went through about maybe one hundred episodes of Max's shows, and I would take notes to try to learn more about economics. I went and I listened to hours and hours of

Peter Schiff's podcast. I would listen to his lectures taking notes, and so I just really wanted to learn more about economics, and the more I heard from Max, I just felt like he had a much better argument, a better case for a bitcoin as opposed to the things I was hearing from critics like Peter Schiff, who I still liked on gold and stuff. But I read Peter Shifts books over the years too, and I just felt like Max

had better augmentation. As a philosopher, I could judge who had the better argument, who had a more logical presentation overall, And so eventually I just got into it. In terms of it from an investing perspective, I wasn't really that philosophically invested. I was just interested in how can I put the money that I'm making into something that's not going to lose value through inflation, you know, crazy inflation over a year or over two years, And so it

was just purely pragmatically motivated. In twenty seven. I got scared again when we had the crash in twenty seventeen from nineteen thousand down to three or whatever it was eventually, and so but I was still very ignorant. I didn't know much about it, what it was while we were doing this, and then over time I would kind of, you know, buy a little more and kind of play around and experimenting with trading a little bit here and there and learning more about it, and eventually it just

I saw. Another thing that was a big vindicator for me. Was vindication was how you would if you followed this stuff from news in twenty ten, eleven, twelve to now, you have seen the same thood recycled. And so when I saw, like, I've seen this for twelve years, ten years, this is a stupid argument that they just recycle every couple of years or even every year. And so one by one, all of the objections just fell away, and it was just like, that's a dumb argument. That's I've

heard that for twelve years. China, Oh, John, and they just hear the same dumb arguments over and over and over it's a Ponzi scheme, and you realize, no, the fiat system is a Ponzi scheme, not Bitcoin, right, So over and over and over it would, they would. The dejections just fell away. And then I met certain people who were involved in coding, who were involved in early bitcoin, who were involved in engineering, and they explained a lot of stuff I didn't know and just made it even

more coherent and clear for me. So it's a learning curve that we all go through. Not that I've gotten, I mean, that's still a lot I don't know, but you know, that's what it takes to be ahead of the ahead of the curve. That's what it's. I mean, even twenty seventeen is for most people ahead of the curve,

because you know, we're still early in bitcoin. I think I think we're going to see obviously bitcoin going to I don't know when, but you know, ultimately eventually be a million dollars, probably in five to ten years at least, especially if the existing system continues with its spiraling out of control madness. So yeah, that's a long Sorry, that's a long winded reply to just a long period of research.

The more that I got involved in, you know, trading cryptos and moving this there and doing this and that, experimenting with this, the more the more confident you get. I remember the first time I bought the coiners really nervous, like, are they gonna take my money? My money's going to disappear? But so over time, you you know, you get confident and comfortable with it, and you're not as worried. So it was just a just education.

into the countryside. That kind of a thing. I usually advocate that kind of stuff, you know, having as being as self sufficient as you can in terms of feeding yourself. Most of my friends are into homesteading. I live in the country and I don't have a homestead. I'm not a farmer. I'm not a farming kind of dude. But a lot of people have found that to be a good avenue, especially if they have, you know, a lot

of kids. So I believe in self defense. I believe in you know, owning guns, goal, living outside of cities, having your own land, being as self sufficient as you can in terms of not on the grid, so to speak. That's the best hope for us now and in the long run.

that we're under is a cartel. It's a central banking cartel. So it's an organized crime cartel. And when you understand it that way, then you understand exactly what you're saying. It's basically another type of slavery. It's a covert type of slavery. So yeah, shouldn't I be in charge of the capital and the money that I make just as much as I'm in charge of the land that I own.

many people think. Look at what we've seen with bitcoin, for instance, over the last ten years, and I think that the silver community can adopt this attitude that the bitcoin community has taken. And some older critiques of Bitcoin that I've heard from older gentlemen is something like, look, I'm a little old to be getting into that bitcoin stuff, because that's the equivalent of storming the beaches at Normandy.

every popular culture. Exactly So that said, any further comments on the world.

they seem to be really similar to the central banks, right, I mean, they're really just the big cartels, right, and then there's the little cartel. So when we begin to understand that that's really what's going on, that's the reality of things on the ground, then we can reevaluate our approach to the world on the basis of the hard facts, the hard reality. And that's my bigcoint is an answer

economically speaking to a lot of the problems. It's not every an answer to everything, but and by extension, yes, gold and silver as well. And that's really the takeaway here. So what I do a lot of times is I lecture through the writings of the elite so called for the last one hundred years, kind of do a summary of those books because a lot of people don't have time to read all these big, boring global elite books. And what you start to realize when you read fifty

sixty of these is that's really what's going on. It's cartels writing things, keeping people in the dark, tricking people, using all the scams at their disposal to steal your value and your energy over time. That's it. That's how

it works. That's how the system works. So educating people, getting people to make the right decisions, getting people to one thing I didn't grow up with that Bitcoin and gold and silver taught me it was saving because they don't incentivize saving when you have what a banks give you, like a negative interest rare, like like you get like a two percent say, I don't know a zero point five.

I don't know what it is, but it's not even worth And that's on purpose, as the some of the white peoples even say, is that they want to de incentivize saving money. And one of the things that you mentioned HG. Wells and like the socialist technocrats from one hundred years ago, they discussed that when they roll out

the universal basic income. One of the tricks it would be to have the UBI that you get it goes away after a week, and that means you can't save it up because for you to save up wealth, value, energy over time time is for you to have your own firewall, to have a defense mechanism against the tyrannical system. And obviously one of the if the system can disarm you from that, then you're no longer a threat. So that's that's the key takeaway here.