Conversation with a Capitalist

of Rednecks in their minds are conservative. Black people will go through any motherfucking measure to never be considered what a racist white man is, so they don't want to identify as socially conservative. But it reminds me of some gangship, the Fruittown Parrules and Compton. The Fruittown Padrules geographically is a West side Compton gang. The separation I think it's at Alameda. Maybe Will, but I think it's Alameda that

separates the east and the west side of Compton. The west side Pules and the Fruit Town have kind of had this long standing conflict that's not really a beef. I think they've beef before, but it's more of just a conflict where they don't like each other to some degree. So the fruit Town's disdained for them. It's so deep that geographically they identified incorrectly as an east Side gang just so they don't have to have west Side attached to their name. Yeah that's crazy, mind you. West Side

Paru Paru Street is in west Side Paru hood. That's where Peru started at, in west Side Paru, right off Central. I mean, I get it, I mean, but yeah, yes, I guess it's divisions. People wanted to separate and be like even though this doesn't necessarily make sense, it makes they make it makes sense to like in their own mind, I guess, to prove a point or to just separate themselves. They don't want to be identified as the with with them right. So so that's how black people are when

it comes to being there socially conservatives. Most black people feel like you should own guns. Oh yeah, in the church, own guns. Don't like taxes like small. The biggest confort to me is there's there's kind of like this suggestion, like I get and understand I don't like her trust government in general. I totally get why black people don't like her trust. But then they advocate for like a lot of big government intervention in social programs or what not,

the kind of I don't don't have both. At the same time, I don't think they advocate for it. At least they're used as a football for advocation for it. That's all the Democratic Party really does exactly like they don't know. But what happens is they take advantage. It's like me, I don't believe nobody should have guns. Nobody, though not the police. Nobody should have guns because I get why people gonna fight militaries, is gonna fight countries, is gonna fight out. I'm not even gonna get into

why they have guns. I'm saying the police, right, I'm saying civilians or a low level Okay, you're saying low level outside of military used to fault like there should not even be guns used on American soil. That nobody should have guns us you should be against military based property. So my thing is because one person has one gun, I got seventeen guns. Yeah you would have seventeen. Think about it because one girl has a seventeen but he can't say that. No, No, I don't want that many guns.

But because one person, I don't believe nobody should have guns, don't make sense for civilians the police, it doesn't even make sense. This is kind of stupid. But because one person got one motherfucking gun, I got all the guns. I got as many guns as I could have, Like, I feel like having guns everywhere because I never know where that one person is going to use that one gun and I may need to be prepared. No seilingts g L my boy, Pete Pepe, we back at it.

I got my partner Metro in here. Man, this is my fucker. We go back. He's one of the few people I selected that I was like, yo, he's smart, Like I'm him here. It's a couple of dudes that that always kept around me that I thought that they were smart. You know, they served. They served the same purpose I think I served myself, challenging my intellect. A couple of people that can do that, um the luxury to think, yeah, he's what's funny is this particular situation now?

This is dope. Forgive me because I'm telling your business Metro economically was like going through a lot. Metro comes through. It comes from a decent background. You feel me like his pops is a lifelong social work, uh service worker, you know as far as to the community of a fireman. You know what I mean, he makes great money. Metro grew up like his his dad had a nice place, you know, his mom still was in you know, in the neighborhood. So he had a choice. But he's somebody

who had to me he found time to think. A podcast or two ago, we were talking about um people not afforded the luxury of time to think. Yeah, you know, they get so distracted with being a husband, being a parent, being broke. It's a lot of paid his bills, I'm on drugs, I'm in jail. You're trying to rob me a thou and things to think that, so then they have to use group thought just as a conveniance. Ma, you just had this whole argument on the phone about

the most profitable business in America is conveniced. Mhm. That's making people the wealthiest convenience, which speaks to how lazy Americans are, like niggas is lazy bro like to the point where when he said a business and convenience, it could be could be one or two things. It can be you either really lazy. Convenced matters if you're lazy, or if you're really efficient. Sure. But but even then,

I think efficient is still related to quality. I mean, you're efficient with your time if you're a work a hollock and you're incredibly productive, and the difference in your you know, return from getting fifteen hours of working in a day or sixteen hours of working in a day might be if you're an attorney, might be winning or losing a case. So that extra hour convenienced the world. But think also elsod I just worked. Smart work is

what matters more so than just hard work. If their heart work matter, or the hour, the number of hours you're putting in the construction workers would make the most money in the world, or the Mexicans at home depot or something. You know what I'm saying that the stereotype of it. But what I was saying is it's convenient. Prime example, right, whoever came up with the drive through that was a part of in and out? Right? Who invented that? I think it was in and out, in

and out. I think it's the first because McDonald's didn't have it first. McDonald's created burgers and fries as that tandem fast fast food. Well White Castle theoretically at burgers first, So I think they mastered the model of fast food. But I think in and Out I'm not quite sure. Don't quote me, cup, but I think in and Out created the concept of the drive through every over the founder. Yeah, I watched it time. I hate Ray crocun Us. May he rest in piss, but I'm just against capitalists. So

Ray crock is the perfect example. I just wish I could dig him up and kill them again. But I feel so bad for the mcdonals. But hold, but we could go that. So look, so anyway, it's like twenty five cars, because in the drive through at McDonald's, i'm no short of twenty cars somewhere close to. I was counting, but the line got so long I couldn't count. I would have to get out and go walk around. I'm like, yeah, I'm not gonna wait in this line. I get out,

parked my car, walk in. It's one person in front of me that's waiting on their food. We did that in Popeyes to two weeks ago. Yes we did, Yes, we did. Oh yeah, I just did it to and yesterday it was thirty cars. So I think intellect deciphers, right, I think intellect deciphers, because um, I don't think everything about what we do. Once we choose to think it, does it become about efficiency changes. So things built for convenience don't necessarily rule our life, like some people automatically

always think convenience rules our life. It's like, oh, I gotta go through the drive to what's the fastest, not even thinking it might be more convenient for me to park my car, get out, walk in, get my food, lead and then people still in the same damn line. So I think also people if you get out, yeah something, it's maybe a laziness and not want to get out.

But if you're sit in the parking lot and you gotta wait in the line, everybody got a cell phone, so people hop on line start scrolling, so the way isn't as bad, but the length of time, you know, I mean, you against your food fifteen minutes faster, But some people just don't care to kill the extra fifteen minutes and be on that. They just don't want to get out of their car. That's probably the main part. I think people go there with the hope that they're

going to be both. They're gonna be lazy and efficient at the same time, and when presented with a choice, you can see who's who, and you know nine people will choose lazy or efficient efficient. You can see who's who. Yeah, you can see who's who. And that's the story of my life because seeing who's hope and Metro is who's hope. He's a. He's a He finds ways in time to think, to educate himself. And I'm saying, in the process and make the most out of his situation. So that's how

we're That's how we became friends. We started working just because he came with somebody that a buddy of mins wanted me to help me with. But we became friends because I realized his brain. Most of my friends are people that can challenge me and thought, I don't have friends that agree with me, like not really friends, like if I chose you, like it's different. My homeboys is my homeboys because we grew up together. But like the

niggas who I choose as friends. You know, whether it's my partner Jay, you you know, wand or man Sore or Metro or head all challenge my intellect. Yeah, are people who crave knowledge and perspective. So you're not gonna get that. Say that again, knowledge and knowledge and perspective. That's another part that people want to get away from perspective. So so I brought you here. You feel me outside

of the fact you just release two projects. We don't really promote music and ship, but but I thought that was ill that we always talked about this, and this goes to kudos to how cold you are as a grinder and how you really decided what something was going to be and then made it happen where you said, a g I want to be able to just put out people from my label and I'm like, well, you'll be able to do it, and he's like, well, I'm gonna figure out economically how to get myself in position.

So I'm not worried that you know whether or not it makes money eventually that success because you know obvious that's but it's not important. So I want to make sure me and Pete give you a clap because putting out the key of ship right and the kena what's it called infatuated and shout out to the harmy freedom, Homy cash boy, tax free tax for me his project before I go taxes and jail for me, But they

got the project out of time. I just want to make sure, we clap it up for you because that was something you told me five years ago, and I remember that ship. I appreciate that ship. Feel to set a goal five years ago and then come through with it, because now you're kind of starting to do that often. Yeah, because I tell her, I kind of tell people what

I'm gonna do. And it's the people that surround me, people I respect because it holds me accountable too, because I know, even though they might not say nothing, in the back of their mind, it's like, oh, this, did he do what he said he was gonna do. And I always try to stand on my character and like that's the main important thing, like just being a man

of my word, and like that's just important. And it's like I remember the day is when I just made beats and I was just like I just want to be able to hear my beats in the car, you know what I'm saying. And then being able to want to hear him here somebody wrap on it. They be like, man,

I want to hear real. I want to go to Circuit City or Best Buy and go get my shot, and to be able to do that with you, Like you know what I'm saying, and being there, Like I just learned a lot from Like manifestation is real, like thoughts become things, like what you think about the most, it becomes your reality. Like it just it's real. It sounds like some hocus pocus, it sound like bs, but if you think it enough and you really believe it,

like you put the working behind it, it uppen. So like, yeah, to be where we are now with it, I feel like I feel like the start of the third quarter. That's like I might be down while like sixteen or something, but it's like it do feel like the start come back when Kobe threw that I'll leave the shock that was down seventeen and starts the fourth quarter and then he had to go to work on one of the greatest defenders and ever, Yeah, we like that's for real, bro,

we really that Laker team. That's the two the Lakers, yea hey, And that was the start of the three p That's what was so crazy. That was when they kept losing and people was kind of wondering, are they're gonna get it? Portland was at number one. See, people was wondering that they have it, and then they was down and people was looking like, man, this team is not gonna get it done, and they just really like put it out And that was the start of that

three p that dynasty almost did not happen. Like if you think any team down seventeen started the fourth quarter game seven, you at home, the crowd was just looking like they are not it and you have the a they made it happen. What's so ill about that? Too? Was like when Shock dunked in and he was like pointing up. He was pointing up to his son, Sharif. That's what he was doing. He was pointing out Sharif his son, Like you see that like us? What's crazy

is right? I feel like that's where we are where the two thousand Lakers. Like, people see that we got something, but they're like, yo, can they bring it together? For sure? I feel like, um, like we were really down seventeen like right now we like now, I think people seeing us kind of they don't know where mounting a comeback, Like we're in that huddle when they're seventeen down and whatever. Phiel was saying, it's like, yo, this is the time.

And what's funny about that seventeen point deficit is Kobe had to make a choice that he was the key because that team was a perimeter threat team to a degree. Scottie Pippen is obviously an all time great defender, so Kobe had to go to work even with that dunk. That's a Kobe lob, like, you gotta break down. Scottie Pippen one of the greatest defenders, if not the first,

the second greatest small forward defender in history. Shout out because he used He saw it work on Jordan, so he hitting with the cross right, he hitting with the cross broking and tossed the lib up. Yeah, it's funny how sometimes also, like we're scores, some of their best players are passage Kobe passing it to Ronald testing him hitting that three and then kissing to the crowd. Everybody was like, don't shoot, Like you know what I'm saying, y'all titles, I got it. That's why you have a team.

So I brought you out here to talk crypto ship because y'all both always pushing that crypto ship the crypto space, and I funk with it. Do you funk with the idea? Look? Just because I felt with something only nine adults sinning against the most you thing ever happen exactly. That's what I tell him. It's the most mathematical thing ever. And

you're a status status do who's the numbers? Guys? So if you and it's heterarchical not hierarchical, I believe it's a phrase like it's it's not it's not built like like the Google's system of the world is built like a pyramid. This is built like the Great Wall of China. Sure you know there there isn't a singular gatekeeper. It's it is the most democratized economic system of all time.

It's the idea of America. It's gonna bring back like, yeah, what our founding fathers was, like freedom, liberty, and pursue the happiness. It's like kind of help people fulfill that again. But do you understand why I don't funk with it because you you're you always say when I want to cash out, which I think that is where you go wrong. You don't cash out when you buy a big point. That's when you cashed out, when you got rid of

that the trash. So so, but let me ask you a question, right, So, let's say, theoretically, m M, the people that print money, the people that have the most vested interests in printing money probably right, one of the wealthiest groups of people breathing there right, Um, they decided to start fighting back. Mind you, we're talking about how many generations of wealth. But they're already starting to adopt

it though. Yeah, they're not gonna have adopted uh, because it don't make sense for the people who print money to adopt a democratic system where everything is fair. Why would somebody who has an advance in Bank of Turkey because of what happened in Turkey with that exchange, they said, you know what, we probably should step in and we'll be the ones that hold it and help out with this. So these so it's they don't run off with it. And now I don't know if you want to have

a central entity controlling a decentralized thing. Well that that's why people custody their own keys. That's why people having enough research the first ruling crypto is not your keys, not your coins. If you don't own the custody to your keys and they're sitting on an exchange, on coin base, on robin hood, whoever owns that can do like that dude in Turkey didn't just bounce up out of here and be in Albania with two billion dollars. It's gonna

happen more. But but but that's the pointed. Humans are greedy, so you need to protect yourself against people's greed. But that's my point I'm saying to you. Right, so when the people that print money, right, the people who control the press to the money, right, they decide that this is at this point, this is a threat to our establishment, right,

they figure out they're planning to fight back. Right, then you'll still need to take coins, right, You still need to take crypto coins at that point, right, and turn them into something that you can pay tax with. To not confuse I think, to not confuse people, or not to worry yourself. If you should only put money in there that you're okay with losing. So if it blows up and it goes to poof, well too bad, that might have been the illest thing. That's it, So that

you don't have to worry about it it. Don't put your whole life savings, they'll go sell your house, don't go do none of that. Take five percent of your money and put it there and don't worry about it for ten years. And then look up which I think is brilliant. Right, that's all you really have to do. But like I said, so, so my fears, right is if I move economics, which that actually is brilliant, And you never said that, So kiss my ask for never saying that, because that kind of looks up my whole

point here, at my whole point, man, I think. I mean, I don't know, man, It's like it's like the internet. Man, it's like electricity. It's just something that's inevitable at this point. And it's like the rabbits, it's Pandora's boxes open. It's like it's not going backwards. You've got people in government like you got the Louis Louis legislation in Louisiana like putting it's like, bro, this is just not going backwards

from here. Yeah, it's if you look back at I think that there's two ways to look at You can look at it for the for the technology that it is, or you can try to look at it like it's a currency. It's not going to be a currency. It's not a currency. It's like both of those. Well, I think you'll have in two different because there's bitcoin the capital B, and then there's bitcoin because there's the asset and then there's the currency. It's the technology and then

the currency. It's two parts. Understand that the crisis, the crisis and currency right now is that you can't have to put in like simple terms, there's six plus trillion dollars a day and currency global currency trade that exists. You can't have a scale the way itself. The scale is either weighing something else or its weight on another scale. The scale can't weigh itself because that violates the metric

standard of value. To me, I look at at decentralized crypto technology and yeah, and and bitcoin, the Bitcoin blockchain network for what it is looking forward, Bitcoin is not going to be the new currency. It's it's it's become so speculative that it can't hold a standard of value. What it is going to become is basically the it's the largest virtual infrastructure in the world. It's a it's

a it's a trillion plus dollar valued virtual infrastructure. You're starting to see decentralized apps and other ecosystems and whatever else built on top of that because it's so large and so secure that people have figured out a way through clarity, smart contract languages, and wrapping and other things to are now, like the way Amazon or you know, hosts everybody's website and app, they are hosting everybody's security

transactional capacity on there. There's other ones that don't, but they have such a huge enormous market share, and as you start to see that happen more, it's gonna sustain the value of it. But you're not looking at it as a currency. You're looking at as as a as a virtual infrastructure for security, and it's still lonely maybe

one to three of what is gonna be. So it's gonna stabilize that it's ten million dollars a coin or something, then the fluctuations won't be as much of it's fifty million dollars a coin, eighty million dollars a coin, it'll the pallette is so big, like right now, we're still

in such an early stage at the beginning. If something's gonna live for three hundred years, four hundred years, and we're watching the first thirteen years of it, it's like it's like if a grown man lives and you're watching the embryo in in two months inside the mom and it's going to become an adult, grown man, and you're seeing that part of it, trying to like gauge what

it's going to become. Like you know what I'm saying, it's still so early that like even for like we've been talking about it since two thousand and sixteen, even me, even me seeing something as silly as doge back in two thousand and sixteen and researching it and really looking like okay, because I'm thinking, like other people think, right now, that's just getting into the space. Oh maybe there's gonna

be another the next big coins. From reading those marketing books twenty two immutable laws of marketing, like the first Mover's advantage, those kind of laws in places like is it's already like cornered the market in the sense that like I don't know what it's going to become, but it's already just going to be a part of our world, in our everyday transactions. And and I think everything is gonna start getting priced in bitcoin. That's why most people

look at things in like dollar signs. When you start pricing houses in bitcoin and pricing everything in that, that's when the flip is gonna That's why that's not going And that's probably twelve years away. Though, but to see that that's where that's happen and only and the reason it's not going to happen is for sure, the people who print money. They have to fight that. But you can buy Tula with bitcoin right now, so that Tesla is priced in bitcoin. But that's because nobody's pushing it,

like nobody is still fighting. They haven't sold one yet because the community knows, like they've seen stories in two thousand thirteen of somebody buying a porst for bitcoins. Well that's exactly why bitcoin can't become a currency, because you can't be the scale and the way at the same time. Well, it does have to become a store of value first, A consistent store value is kind of starting to hit

that point before it becomes a unit of account. There's like an art I think you're having two different conversations. So say that to him again, say that to him. What you're saying, the reason why? What? What's holding back? I think I think maybe it won't be what's the currency is? Maybe it's just a wall of like like a wall of wealth. When you need money, like when I need to pay my taxes up, pull some money

up when I needed you know, what I mean. If I have to do something large, hey, if I need income you know what I'm saying, or extra money dollars to do that, then yeah, that's probably what it might be for the same way you can pull out equity out of a house or something you need extra you know what I mean, it's the same type of asset. I think it's a few like that. I think it may be used like that instead of a day to day transaction. I think it will be closer to go. Yes,

digital goal, I think we go. But see the thing about like like right now, right if I had a ten pound bar gold, that's where is that about? Gold? Is ware about eighteen hundred? Then hobably somebody who has a bunch of gold. There's people who have a bunch of gold right in and stored right hundreds of pounds of God, somebody has it, right, how do they if it's an Arabian prince, I don't know, you know what I'm saying. Whoever, how do that translate to their wealth?

How does how do they maneuver that to be their wealth? If they're storing a bunch of it, you know what I'm saying, what do they do with that? Well, I mean, how do they make it liquid or how what do

they do? Typically, if you have you know, gold that's in a federal reserve bank or for noxiously, something that's that's identified, where you have other entities where they're there's an agreement that it's secure and fluid, you're basically selling contractual rights to the contents of what's there, so then you have liquid in your account whatever I mean, which is exactly kind of what was happening with bitcoin because you don't actually transfer like like I don't own the

node and all that other stuff on the rights to it. But I look at it as being the It's like, right now, the Internet is a really really shitty highway system and and bitcoin is a world class tollway system. Like I just did some some transactions a week or so going part of yeah, part of the price deduction breakdowns. There was a five dollar and eleventh cent for you, you know, for usage of the bitcoin blockchain. Because this was wrapped on on a platform on top of the

bitcoin blockchain. So I don't see it necessarily as being a commodity type of thing. It's it's it's grown into a virtual infrastructure that holds its value by passage upon set infrastructure. And when you start to see large, big commercial vehicles quote unquote passing on there, it's bigger toll than Joe Blow passing over with the civic you know, like when you go through the like the state checked back from Vegas. That That's what I was saying, meet you.

I see it as gold like the way I see gold. Right. Um, I agree, it's a great place to store wealth. I think I think big coin to inventually get to a place where it's a perfect storage wealth. I mean where you could store just having something. The issue is the concept of currency. That's where I think we were differ I'm like, just like gold is not a usable currency

in America. Like even though it very much to a degree is a currency, it's not like if we go to well minus is hard to move and we go to Starbucks, we couldn't buy a cup of coffee with gold. At one time you could. So my thing was once the people who print money, because they did the same thing to go that they they moved on it, right, and they start putting laws in place to where mine is that because they couldn't do that today where they could be Oh just turn over all your ship. They

can't do that, but they're smart enough. So what they'll do is you don't allow this to pay taxes. And then at that point then you have to pay a capital gains tax when you're selling it to only pay taxes. You get what I'm saying, So you end up almost like a double tax to a degree, I mean kind of. I mean, if you have to, if you have to liquidate a security asset to pay your taxes, which happens,

then you're gonna get taxed on it. I mean, like that's that's the biggest gripe about people with it within the state tax. Like if you know I had a company or a really big house or a farm, and I die, I want to give it to my kids, and they don't have the cash on hand to pay that a state tax. They have to sell the property, pay the capital gains on that property, and then pay the state tax. So it's just like a big show.

Where I really funked with big Coin was this initial phase when I first start handing about it, when you talked to me before seen about I thought you talked. I found about it in two thousand twelve, and you talk to me a mom, brother and my sister told me they know about it. In two thousand and thirteen. I was like, so, y'all just didn't tell me it was so it was a film. Oh yeah, and that's before I saw that movie. But I didn't I saw that movie that Yeah it was he was hustling, yeah,

and he stored the money on a big one. But it just went in one year and out there. Bro, when I had when I was playing g T A five, you do missions on there and I'd be like cryptocurrency transferred to your account or your wallet, and it just went one ar and out the other. I'm like, I could tell you gress be like much an idiot, Like you were sitting there for three years. You're just playing it through through. They're over here obviously getting big money

and they're transferring it through cryptocurrency. So you didn't think, what is that is that? Yeah? Like no, you just the same way people do right now. So it's like, I don't know, I get it, but it's like, so nobody told me conditially I was for it when outside of it being the stat the centralized, it was also underground. Yeah. See, I'm like when it was soak Road and all that, like, give me government, but I just don't like paying income taxes.

Nobody does no no like no no like like like how clueklus plan member hated you, like I hate it. How Hitler hated Jews. That's how much I hated. From that point of view, America is a corporation, right, So you're born on in their company. Right, they give you a number, your social purity and your job number. You're walking around start making money in their corporation. Yeah, you you on the street, you're in the bill, you you're doing all these things that they sign up for. This brother,

I didn't sign up for it. So hence, so I get it that people accepted. I strug I'm telling you mentally, I struggled to accept it because yeah, I get it too. I struggled to accept that because I made money. But you deserve a cutting up now, listening, I'm not a taxes talks around all day talking about he's a socialist, and that's why you're No, you're a You're a philanthropist, humanitarian, not a socialist, because they don't do a good job. Listen, it's not the fact that I have to pay the taxes.

I have no problem playing my taxes on my card. The DMV they fix the road. That's why I'm talking ship. When you don't fix the road, I pay taxes. Fix the fucking role bro, potholes of ship. I'm okay with the taxes. My problem is when you take my tax dollars and you don't do a good job, like when we go buy something right from a store. That tax money is supposed to go into the infrastructure of making it right and and classy and and and and healthy

and correct. For you, bro, do the right. If I'm paying income taxes to us and all you're doing the government money, that's what the world exists on a binary. So I am a socialist. I don't want to give the government my money. I would rather give it to anybody else. I would rather give hilanthropist. I rather get my money to a crack addict than the government. At least he go on small crack. The government gonna do number start fights like when income tax what's income tax back?

And like nineteen what thirteen or some ship. It was really it was like obscenely high for a very long time. But there wasn't a lot of income either, So it's like running time of the Great Depression and after that before that for a long time. But I'm saying income taxes not like like a thousand years old m It's like you just tax me because I made money. The income tax didn't start until I think, and it was and it was an idea, right there was raising money

for a war. Right, but let me access. Are there ways around paying taxes? Yes? Okay, So why are you complaining? That's that's what I'm saying. So so bitcoin is not a way, right you have you have businesses, you get tax right off, So why are you complaining? You know, no, no, no, no, no, no no. See that's the problem. Trump them got it right, Well you better figure out how to get them. Trump them spend thousands of dollars on tax mens per hour

to not pay a whole bunch of taxes. Yeah, it's tough, met, I'm telling you, bro in our in our shade ain't necessarily all right. Like I'm gonna be like, I'm gonna say this, I'll pay. I have to do my taxes, right, And I was, I was being drake. I didn't do my taxes the last two years. I was two terms that a social media marketing agency. If time was I just hadn't do my taxes, I'm like, all right, let me do my taxes, especially if I get my income tax train all that so, and plus I gotta have

all that right for a bunch of ships. Anyway, I end up having to pay, like in Texas now, relative to what I've made over those couple of years. I look at it like whatever here, Like that's small, that five thousand whatever relative to what I made. So I'm not gonna complain about it. Now. If somebody else who only made maybe thirty thousand a year, if they had to pay five thousand dollars in taxes, they would be like, oh my god, they pay in Texas. No, somebody who

make thirty thousand dollars don't pay five grande. They don't. They get taxes back. They got a kid or two. No, that's that's a credit. They the taxes you pay is that tax it's roughly about that. Well, there's the rate and then there is the return. Average person looked at it like I'm getting two thousand dollars back and they made thirty thousand. They're happy. Basics to making x amount and then paying five grand. If you make over a Huney ground. Let's just like and you pay five grand

for two years of taxes. I don't care to, but it's worse than that metro like prime example, if you make five hundred thousand dollars, the taxes on that, So it's like taxes. No, No, it's more than that. So it's it's still how how close is it the thirty nine? Now for what? Okay, well that's like how many people make five hundred thousand dollars in the York And you notice that that's not that is important. Focus on my problems is relative because you're in the one percent if

you make five dollars years on my problems. So we're talking about my problem, right, So even if they take fifty, you get to fifty and you're mad about it, you still made more than of people and you're not because that's a quarter of a million dollars going into a furnace. Exactly, I get it. It's part of the rules. It's just what it is. No, No, half a minut a year. Yet, give me two years and we're gonna have a different conversation. I'm gonna come over here and be like, see how

you just take that? See that's that's See when you talk like that, right when you when you feel like you ain't getting this, remember I told you when you get it, how it's gonna be different. See how you've been getting how should be like when you get you be like all that ship you're talking about, You'll be like, motherfucker it is. I mean you just I get it. I do get it. That does suck. It is of your ship And you're like, what what is is is

it fair? It's fast right now? Yeah, so the state is at fifth think we're change straight capital just straight and right now capital. But right that's not because that's the problem. It's not going to human being. You just want to go give it out. Let me do it. Research.

You should do this. You should make a million dollars one year right off every last expense you possibly fucking can legally find out what the remainder is and research a few charities that are good and give it all to them and write the whole thing off exactly so you actually give it to the people. You know that. The point is I want some of the money. I see. I'm one of those types of people that would be the money you spent. You don't hide to all that

just like you want. That's a good point, because I'm not listening. I'm with sharing, bro. If I made a hundred million dollars, I'll probably bless all my partners with a million dollars. That's it. You're gonna get taxed, first off the government, right off the government, right off the rent taking fifty two. Lord knows if I made it, you don't know how much they're gonna take thirty million dollars. So then I can't get that. Get niggas a million

and now be ten homies. You really got to start thinking who your motherfucking homie is then, because you have to hold up, let me see who really the homie? We ain't homies like that, thousand, ten thousand. Get your colors. They can't be a four or forty two. Nig gotta be a standard coulorsh standard with a six cylinder in it, getting her four, So none of that. So that's all I'm saying. My thing is I have to pay taxes like right government, you have convinced me that I have

to pay taxes like. I don't want to go to prison for not paying taxes. Right now, I got too much stuff to do to be in jail, so I paid exist. But my thing is it's too much and they don't do the right things with the money. See that. I'm a socialist. I'm not a communist. I don't want the government to regulate right what I make or I don't want the government to tell me how like what they should do with the money. I just what's the second? S? And USS are our third? Yeah, the second one of

them is what is it? Socialists? Yeah? What? What? What? What is um? I get a Communism and socialism are our first cousins. They're the same fucking thing. They're not the same, they're the same. The government is more involved in communism, I don't know the same thing. Nazi is the National Socialist Party in Germany. They did say that to the Soviets, you know, Union of Soviet Socialist Republic. I mean it's just it's only in the name on

top of the front door. Well, just because they ruined a good thing, like how the clue klux Klan did with Jesus Christ or arians did with priests arias right right n Arianism, that don't mean they fucked it up. They just fucking ship up. And then the average human being is distracted by what they did to fuck it up. I don't care what they did with the cross you're burning across in the front yard. That ship ain't right. That don't discourage me from Christianity. Yeah, but Christianity is

like being a conservative. If I was a concern, if I was a conservative, I don't give an if it was the whitest white man who hated negros. Ever, we identify the same. The difference with me is I'm not looking for camaraderie because we are like just because this cript and your crypt that don't mean nothing. There's seven straight cript by myself. I'm not looking for, you know, how to all the shout out to all the harmies. That's banging neighborhood. They all don't like each other, but

they all say their neighborhoods together. But you don't like each other. Yeah, I'm not trying to do that. Like I'm like, I'm not trying to look for ways to come together with human beings. I know that sounds crazy, but for a socialist to say I'm not I just want to do right by humanity. I don't want to like you, then then then you should have an elaborate and robust system of being able to provide people something that they want for a compensatory return that they're comfortable with.

Not selling me, capitalism not selling. All you do is provide value to the world and they pay you for it. Yeah, be of service and give it to them, and then people pay you for it. Some people problems. Be of service to people. But but you can't create the problems too. But people have problems. Capitalism does not create the problems. Oh, that's that's so extreme capitalism obviously not the bare necessities

of either of all three. We're talking about the extreme versions of all three, the capitalism extreme versions of capitalism the most extreme. So the most extreme version of capitalism is a supremely lass a fair market system. That's all that it is. Satan no way, Yes, what's the most Every bad case of capitalism, exploitation, whatever else, has to do with one singular factor government intervention, violating and prostituting

the integrity of the marketplace system. You want to know why no one breaks into the Chevron mobile shell whatever oil trifecta in the United States, because no one is allowed to fucking drill or open up a refinery because the government won't let you. But that's because Chevron Mobile and them pay the government good money to not let you. Yeah, and if there was a veil separating that making that impossible, that's not the marketplace anymore. So you're saying that's done.

That's not done in capitalism, though, what do you mean it's not done in capitalism? What? What? What? That's the same thing, like what happened robin Hood and games Stop people start buying that up and why the other people were shortened in the hedge fund and they see you found out all them people are shortened. They're like, oh, we dump money in this. We're gonna take their money,

and that's like what happened. And then robin Hood, the company that owns robin Hood noticed that owns that same hedge fund, was like, oh, stop them from people from buying being able to buy a game Stop stocks, so that they gave them hedge fund people time to move their orders. That's not a free market. That's like illegal. That's like and that because of SEC backing, because that isn't legal. And the SEC said, you can go ahead and do this right now, and we won't treat you

like we treat the rest of the market. That's why things like bigcoin exists. That's why they're gonna lose because like like he said, he doesn't the government. He's the same age as man. He's thirty seven, so he's white. I'm black. It's a generational thing. That the reason how governments have done our generation and what we've we don't.

We haven't gotten nothing from We don't trust them. So as our generation keeps getting older and coming of age in the world, we're just we're the more dominant force. Our parents, baby boomers, as they die off and their assets come to us. We're gonna sell their stuff for things that we believe in. We're not gonna give it to the bank. We're gonna sell it for a bitcoins. What's gonna happen? Like but but that's only a tangible idea.

If you believe that, would you sell it for gold? No, because gold is we're analog is being eaten by digital. We've been watching them from what I'm saying, nineties to the two dollars the concept of gold right digital goal. Yeah, let me ask you a question. I don't I don't value I value freedom more than a stationary house in one location. For fifty years, but at the mode of Spain,

in Australia and Argentina Puerto Rico. Yeah, but I think the concept of gold being this heavy log logged around things is kind of misleading, right, that's not truly how it works. Like a million dollars in gold is not big. It's probably like gold is what eighteen hundred ounces, ten ounces, eighteen thousand, five ounces, nine thousand, twenty seven thousand dollars in golden donel back, Probably not even it don't even

gotta be that big. I don't gotta be that big because because again ten ounces, it's sixteen ounces, and the pound ten ounces, if it's eighteen hundred, that's eighteen thousand dollars nine thousand. For half, that's twenty seven thousand plus add one eighteen hundred, so that's twenty eight, right, eight per pound of gold. So a pound a punk as pound of gold is eight, right, So it's not a lot. It's just the fact that you can't shop with it,

like all the things that you like. If you went to the market, like right now, right now, let's say I passed away, I don't want to shop with it, because why would I want to shop with something that's appreciated. Why would I want to shop with something else seven pounds? Huh? I almost be doing the wrong math. How much is it propound per pound? So if you divide a million, yeah, something, I want to buy something with an asset that's appreciating

that two a year the last ten years. But my mind, is that right because we're not talking about appreciate, we talk about store it. Well, let's focus on store. So what I'm saying, let's say right now you have bigcoin. Right, let's say let's say moving forward fifteen years, right, which I'm not trying to talk to you, obviously that's not when I believe, right, So moving on, I'm saying, this is the thought ten years from now, right, the government's

fall back. They said, okay, they did the same thing to bigcoin that they did to go right. They make it to where in theory just can't pay taxes with it. Right, So you're going to the store. You got a million dollars worth a bigcoin, a million dollars. Let's say your bigcoin now that you have, you had it when it was at you bought it at twenty thousand, and now it's worth two million per bitcoin The problem is when you go to the store, what if they don't take bitcoin,

what do you do. It's not like I'm not gonna have cash. Now what I'm saying, Let's say you don't have cash. Let's say your your wealth is store in bitcoin. Let's say you're not making anything. Let's say you're making a dash. Can you use your next card? Shout out to the people next so and we appreciate you very much for your sponsorship of this program to do an instant conversion and then run on a on a known um master card. You see, my issue is the conversion.

Like right now, it's banned in Nigeria, it's trading at nine like it's and Peter peer transactions. No, people just interact with people. But I'm not disagreeing. I'm saying that's the point, like right now, where would you take gold? Right now? If I gave you a pound of gold and gave it to you in coins, how would you use it? How would you use the actual goal? And then the people don't take that. So but that's my point.

What so, let's say bigcoin or cryptocurrency moves into that space, or bigcoin, particularly if it moves to the space where people don't take that yet it still has value. Like I can do like like one goal like a gold coin with so I can't like sell it and get cash gold. It's not outlaw. So I'm asking you, I can always sell something. If it's a two million of coin, I can sell three thousand dollars worth than I and I have three thousand dollars in cash the next day.

But then now you have to pay a capital canes tax on the sale. Yeah, a year later, but I'll deal with that problem when it comes you. You need a point of sales service provider. That's what fancial student to do that. And at some point, like his his point being there, you know you you legislate that out of capacity, and it changes your perspective on the whole thing because now legal tender. When I'm ready to start buying things with a bitcoin, I'm gonna buy like like

you said, like a house. I'm not gonna go to the grocery store and buy a chicken. But think about this. Let's say let's say I gave you gold. Now, so the person that owns that, that's going to be even harder. That's what I'm saying. If it's a peer to peer transaction with somebody if if I'm talking to it, if you're talking to a real estate agent and you're talking to who whoever it is that because then they can't pay their taxes and you can't declare your property selling.

Ship every day houses cars, all types ship for a bitcoin right now, every single day. Millions of dollars of transaction happing in every single day right now. So why would that not be having in ten years from now? It's not, But it's not it's not at that space to think about it. It's not at that space then I'm talking. People are using are using bitcoin with an

intermediary exactly like the Lightning network. They have things like tap through all these different technologies as being added strike people are converting their whole salaries into it. But it's but listen to what I'm saying. When to find out when the financial right now? Could you take go to the bank to Bank of American, be like, hey, I need to get money for this. Can I take it? Can I take go to where if I'm this is what I'm gonna do. I'm gonna go buy you a

gold coin. I'm buying for you. I'm gonna take it where to bank, because this needs to be the experiment. It's gonna be the experiment. And I'm not again my job, right, I'm only a couple of years older than you, a few years old than you. That's not the point is to get you to see what I'm saying, so you always have the wisdom. So I'm gonna go buy you a coin, a gold coin, and I want you to try to use it to buy something. I want you to take it to the bank and try to change

it out for cash. They're not gonna let you, even though in theory, well obviously that's not true no more. But initially the money was supposed to be backed by golah. Let me say that's real quick. You're talking about the decentralized thing. The first thing that says is a peer to peer currency. It's not designed for me to have to go to a bank, is for me to get rid of them. But like, it's only good for small transactions. And here's why. If you make a purchase for a home,

you have to hold the title of that home. That's an important element that's involved. Part of that is declaring it for the tax board. When I say there's an intermediary. There's a there is a a currency exchange that occurs there so that you can base that purchase and that value can be established for so that the property tax can be issued and you can actually hold that title.

Otherwise you're just an occupant and the title is going to be floating around down at the county and someone can buy and you're gonna booted out stay with a car if if the DM if the count stay the California says we're not going to recognize bitcoin car purchases. You can buy your car, sure, and you can have the car, but you can't register the car. So you can't as soon as you take it on the street, you're not gonna have a tag. They're gonna pull up

on your car. You can't produce title, you can't produce straight. They're gonna take your car and make you pay them well first, make you give a ton of information. So that's that's my concern. It's not like a big thing obviously used to sell drums for crying, not a loud but the thing that but the thing about about a quarter million dollar necklace and bitcoin and own that and put it on eBay and get dollars out of it and buy a car, which is goal, which is gol Right,

that's what I'm saying, Like, so that's my point. I'm saying, like with gold, if I give you a gold coin, if you took it to the bank, you couldn't transfer for currency. Imagine bitcoin in that space where it's like you can't change it over and get dollars, like you have to go to one of them. I buy gold, people cash for gold. When the opposite happens and everyone and everybody adopts it, I mean Miami has already adopted, Louisiana has already put on their legislature and commended Stocean

Akimondo for helping with economic security. Those are all just false things that do not matter. But that's like somebody being alive when the Declaration of independence was written. It's just like that doesn't matter. Why not currency? Like, but I understand that this isn't I'm not saying, hey, next year or tomorrow, Hey, everybody needs to just be just should be interacting. I agree with the initial point that the most brillier ar the most brillier point is the

five percent. That's absolutely that's that's probably one of the greatest and most smartest things. You know, it's a lot a list of ship but that one tops. That's actually

really brilliant to take five percent and do it. That's because so then you play both sides of defense and you don't care what happens on either side, instead of being like, at least want to watch yeah, and you don't want to be watching like this happened, and then be like, well, I just watched it and was just figuring out ways to pick it apart and just didn't

see it. That's foolish to do that. That's completely foolish, instead of being like, you know what, let me just put a little here and then let's see in ten years, fifteen years of everything straight and then they'll figure it out. And if it gets outlawed, I can't use it. Well, it won't. It will not get I don't think it, but they but they don't rule. But they don't rule

that way anymore. It could never hypothetically, it could never ever ever be used as a currency anywhere ever, and it will still be a multi trillion dollar technological infrastructure foundation that holds its value. That's why other things built on top of Yeah, I invest in it as a robust, revolutionary technology. Some people invest in it on a currency standpoint, where it depends on what your vision is, but it does hold value potentially two ways. That's just my digital abundance.

Bitcoin brought digital scarcity for the first time, but people don't realize that there's only It's like if you're buying pieces of blocks of Manhattan for twenty four dollars and you didn't realize hundreds of years, like what Manhattan became, what New York City became, and what a block. I get the sense. I get the sense and value and why the bitches want Birkin bags and Herman's back because there's scarcity people just the average person hasn't actually scarcity.

It is because everybody can't have one. Yeah, that's not that. Yeah, yeah, I don't know if I mean I think. I think. I think supplying demand is a big thing, and with supply not people rapidly growing. Well, the thing about burgers,

people just can't afford them. I don't think it's a scarcity of It's not like we got a hundred It's like, yeah, yeah, we're just gonna decided I'm gonna make thirty million of these handbacks and the first hundred thousands sold at ten grand of Pope, all of a sudden, they're gonna be like, we gotta get this fucking money back, drop them to

work they can sell, and then they're no longer cute. Yeah, because then everybody got him and they probably make that many anyway, and don't give a funk about tells me is that's what Kanye said. He wanted what easy and stuff. He hates that they'd be like people can't get him, and I hate he wants something that's everywhere, like and Adidas be trying to not like printiment because because they're like, no, bro,

this is too much cash. Because also I don't give I will kill for that nigga, bro, and not people think like I work with him, Like, bro, I don't even want to work with him. I'm not trying to what he stands for. He has my heart. Yeah, that's my god. You already know what I mean. Like, it's not perfectly me. If I was like a super square who just like shot, that would be me. Yeah. But that's how I hate that. I hate that saw something

about it though. This is what they said, like if they know his shoes are utunitly settling let's say in a year, he says one point five million, right, and you press up one point eight millions, three hundred sitting there, but he's like, man, press up ten million. We need twenty million out and they're like, well, they're not settling at that rate either, And then you don't want to shoes sitting there, and then they're just on the Then it looks bad because that's that bullshit. See that's that

not not what I'm saying. That's that bullshit. More people want them goddamn shoes, and they fucking printing for sure. They are printing with the bro Like I have to buy shoes, bro, every time I try to buy them, first off, they make you download the app just get them off stars. They make you download that, bro. It's like two times. Now I gotta have Now, I gotta have a value in my mind, Like, goddamn, bro, do I really want to pay? I have it because I

don't want to pay three or four. I haven't done it either. I looked at him till I was like folk hunting and it's some asshole that's like, well I can dis mine you, bitch. I ought to kill you capital And they're not like, let me just make fifty bucks. Okay, So when I did my social media just want to kill that, I just broken stabbed them with a knife. I did just say break even. Look capitalism and it's simple emphasis. It's just fine and it's simple infancy is fine.

If I have some shoes and I charged fifty dollars, I may I pay one twenty for him and I make a fifty dollar profit. That's fair. And I don't want to go around telling niggas was fair. Yeah, it's not fair. The problem is when you know I want them so bad, You're like, well, I'm gonna charge for five d because he really you bet that's the value of it. Yeah, I paid my pay that's my motherfucker's get killed and robbed. Yeah, that's why I would stab

dog right now, I'm right now, I'm looking at some yeases. Right, I'm about it too. The ye's were a hundred and fifty bucks. He's at I'm like, bro, i'll give you two hundred and eight dollars. He's already charging twenty fives for shipping, right, So I said, look, i'll give you two seventy five. And why I spend three hundred dollars? I think that's fair. That's double the value that I'm spending on him. Oh man, But you know it's you know, so many people want them. Bitch ass nigga. You're not

mad at him. I'm mad at him. No, you're mad at the other guy who's willing to pony up the money you aren't willing to pony up. No, No, I'm mad at the nigga. That's fel like, why you don't want to let another man win? You You're the only one allowed to win, So you're gonna take my blood to win. You can take every pint of my blood to win if that's what it takes to win. I mean, how bad you all the shoes? That's why, motherfucker this is. This is a complete absolute luxury item. It's not I

need shoes. Get those vans. I like his vans, buy them too. How many? How many shoes do you? Can? You wear it? One time? You need shoes? I don't. I don't listen to two ft. You got shoes on right now, and I guess what they're wearing them down. I'm wearing I'm preparing for the next time exactly. And those vans have a more robust soul than those, and quite frankly, all I'm seeing right here is that you just don't have a robust salt. I actually buy vans.

They're priced fair. Yeah, they could charge more. Looks at these like vans and go man, those are forty bucks, Like that's how I look at or thirty like oh he ain't he ain't got it, or while he wearing them, check like that's how I look at I look at things based off the value as I got. I was always like this as a kid, I've got worse as an adult. I just told you this a couple of podcasts. Though. I like having things that everybody can have, and I did something to it myself with my brain to make

you become mines. Like. It's not because I could just got more money and I can afford more ship than you. It's like I actually care enough to customize. So my thing is even with the yeasiest, I'm not buying them so much because I need shoes. I'm buying them because I want to support Kanye West, like I believe in his vision and I want to just show the brothers some support. But it's not it's not the support. I'm not supporting him economically right that that that's just the

benefit he gets. I'm saying, I'm supporting him, saying, hey, I approve of what you're doing. I'm proud of it. I'm going to purchase your product by a pair of white Vans and put Kanye's name on It's not this product. That is kind of cool. I might do that. You can customize Vans because that's the buick regal, you know, customized out. Yeah, but that's fun though, and and and see, Pete, that's not fair. See that's the capitalism in you. That that's not right. See that's why I don't trust the

the United States sense of government. I trust minds. I should actually run the country, yes, because like literally, my sense of justice is fair. But then it probably would be. It's fair to you, it would be fair to everybody. It would be equally distributed to everybody. It would be fair to you, yes, But my I only have a sense of fair. Everybody else don't even have a good sense of fair. Ask them. They all think their sense of fare is just fair. That's why I can't ask

them because they're too whoever. That is all I'm saying, is all I'm saying, is bro the the things that's driving us, right, the things that's driving us. Yeah, I think we should be so much focused on our passion. I don't let mean when you gotta take care of your family, well, passion and purpose kind of first cousins. They're about to say purposes deeper, like what's your mission here? Why were you sent here? Why did gods send you here? You're not here to make money, You're not here to

like You're here to like accomplish something. You've got an expiration day. That's how I see it, and some people tap into it and neither day. You should be working every day towards to fulfill that, not going to work at the job and the warehouse job and doing but that their purpose could be be raising. No, and you're like a kid. You don't get and I read this too. You don't get nobility for sacrificing your life for your kids. I agree, you don't be. I can't be like I'm

a great dad. I'll just kick it at home. No, I gotta go build a company to companies do all types of or I have to just be I have to be the best version of me. Yeah, I have to be the best version of me. Because I was an approach, because I don't think everybody said the improvement daily exactly, because I don't think it's about the whole concept of generational wealth. I just was talking about that trash,

that ship. That's bullshit, like that's not the focus. To focus is being the greatest version in building, being everything you can be, and then that is wealth is wealth is a lot more than a company or economic basis. It's leaving someone something special. They're ahead of the curve based off of whatever you passed them down the worlds. They thought I've been telling people I'm trying to buy a house with the whale. I think I just told you I'm trying to buy property with the whale. I

want my own whale. That's because he wants to capitalize the month water. He could charge the niggas a bro only only only I'm the only well. For sure, you niggas would be at my well of like fuck that. This is what Every bottle of water is a big coined, big coin worth two million. Every bottle of water a gallon we got. That's y'all. Imagine if I had a fucking house, Imagine a million sicks, just amillion, how many sass is in the big cooin. People don't know these things.

Stock you can let me say that. You do not have to buy a whole bitcoin. You can buy twenty dollars worth. It's on your cash shop. You can buy fifty dollars here, twenty dollars here. Just use it as a bank account, savings account. Five percent, right, yeah, that's five percent, so five dollar cost averaging. Don't worry about the daily price up and down, long term seven years.

And what's your take on it? What would you advise people economically when it comes to cryptocurrency invest in unique technologies. It might be bitcoin. I have holdings in bitcoin, I have holdings in etherorem have I have more more holdings right now in stacks in the block stack ecosystem, which is built on top of it actually is. Do you have any doubts? No, I don't like that technology exactly like print ten thousand per minute, but but just the same.

It's it's it's it's what it's a it's a cheap knockoff of bitcoin sv Yes, yes, people you're going way far down. People don't even know. They ain't been down the rabbit hole. So yeah, that's all unless you want to be obsessively trade. That's the thing. You can't obsessively trade this ship because there's no fucking sleeping hours on exactly. I mean, it's not like the stock market focused from nine to four. No, you have to what are you gonna just mess out and stare at it for six months?

People do. It's ridiculous.