Ways To Think Through Critical Issues | Aleks Svetski - podcast episode cover

Ways To Think Through Critical Issues | Aleks Svetski

Aug 19, 202134 minSeason 1Ep. 106
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Episode description

Today I'm sitting with my good buddy Aleks Svetski, and we're going to discuss a problem I see in the world today that's very detrimental for millions of people. Which is the lack of being able to think under critical circumstances.

Reading and drawing conclusions from headlines doesn't draw real solutions, because it's partial reading. There's so much distortion in the markets today, and sometimes we get stuck making arguments at levels we shouldn't be discussing things. Like Blackrock is buying all the homes up.

They're stealing the American Dream from young couples, and forcing them into serfdom, now they have to rent. They're buying them 35% over market value, because they're being given free money from The Fed.

In my comments they're saying 'this is wrong', 'this is horrible', 'should be illegal' — and I agree but I don't believe there should be a law, like why don't we just take away the money printer that gives them the power in the first place. And that's what we're discussing today.

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Transcript

Speaker 1

M hey everyone, welcome to the episode of The Market Disruptor Show. Today we are live in action. I'm actually on a World Win two. I'm at the fourth conference i've been at in ten days. A lot of it's been spent with my good friend Alex Fetski here. I've had him on the show one time before, and he is, uh,

he's a deep thinker. He's someone that's really spent a lot of time to think things through, um, from multiple different angles and so um it's someone like to sit down with and bounce ideas off of as I kind of work through things myself. So anyway, welcome back to the show, Alex, Thank you man, and I appreciate the comment as usual. Yeah yeah, So, UM, we're gonna dig

into some stuff today. UM that kind of maybe carries from our first interview that we did, and it might be a little bit different than the information I bring to you on a regular basis. So don't turn this off just yet, because it's something that's super important and what I want to talk about today is ways to think through critical issues. Um. It's something that's very lacking that we have today. Um, we're in this like instant gratification where where everybody wants to read the headline and

then draw a conclusion. Right. But I get comments on my videos. I'm taking complex subjects stealing them down in twenty minutes, and people are like, give me the headline. I'm like, dude, you can't understand the deep subject, right, and so, UM, a couple of things that I'm thinking through and you can help me with this is just like, um, maybe like some sort of a structure or a sequence that could help people see through headlines and get to a priori truths as you call them, right or as

they're called or first principles. And so here's something that I'm kind of having conversations with a lot about. And there's so much distortion in the markets today, UM that a lot of times we get stuck making arguments at levels that we shouldn't be discussing things. UM. An example of this would be, UM, the news breaking out right now is Black Rock is buying all the homes up and they're stealing the American dream from young couples and

forcing them into serfdom. Now they have to rent. They're buying them for thirty five over market value because they've been given free money from the FED. I had nine comments on my video saying this is wrong, this is horrible, should be illegal, and I agree, but I don't believe there should be a law, Like why don't we just take away the money printer that gives them the money in the first place. So there's lots of arguments that we can make on these We can talk about masks.

Is that the right argument to makes? Tell me what do you think about that? Well, like you said, it's it's an argument on the wrong level. So the most important thing with all of this stuff is trying to find a consistent thread because like, if you keep flip flopping on morals and principles, it's like I'm for freedom

of speech, um, and I'm for private property. But like that crazy lady that jumped up on stage when Jack was speaking speaking, so like I didn't see that, but like, you know, someone told me the background story with her, and she's like, you know, chained herself like to the

Twitter headquarters in whatever. There's some jobs out there. But the thing is that it's symptomatic thinking versus causal thinking, right, so so so that they're trying to deal with the symptom and they're saying that's the problem, whereas there's a cause back upstream that no one's talking about and no one's trying to deal with. And this is where sort of bitcoin is differentiate from a lot of other people, is that, you know, we've spent time thinking about how

to remain consistent. In the process of trying to remain consistent with our arguments, we've realized that upstream, a lot of the problems happen here, and then you get these symptomatic, weird after effects that occur in society, like the black rocks buying things like you know, tech oligopolies like the

only reason. So I've got to finish this article at some stage, but I'm writing the Rise of the technolgragy Dic Leviathan, and the point of that article is about how the fact that a monopoly on money existed, like the fact that a state exists, actually that institution or that organization gave rise to the technocratical Leviathans that are

taking over now Google's, the Facebook, etcetera. And why they Capitalism sort of is like this this energy that you know, all free markets kind of permeate all existence, like we assume beings. All we do is we know, we take out time and energy, we take natural resources, and we actually do something with these things. So so we're always producing something. So you can't actually rip that out of society. But you know, in some societies where that is um

you know, more functional, you get more progress, etcetera. But innovation always occurs. Capitalism is always occurring. Now when you couple that with a system where you can you know, you can shift the what what can we call it the resource allocation uh in favor of one group to another by decree, not through competitive Hey guys, let me just interrupt this interview real quick, just to plug the show sponsor, and that is Block five. Now. Block five

is doing amazing things in the bitcoin finance space. As a matter of fact, they've cracked some really big news by bringing on the x c f TC UM chair Chris gian Carlo Um. And they are one of the most transparent, most heavily regulated UM companies inside the United States, which gives me a lot of trust into what their services are. Now, I've recently did a video talking about how to retire off bitcoin, and you can do that

by leveraging debt and interest against bitcoin. And Block five is the number one company in the United States or maybe in the world to go to and use UM. They are leading the charges there, paying interest on your bitcoin if you park it with them, or you can borrow against it. Now, as I broke down in that video, you can borrow against your bitcoin, and when you take debt against it, it's not taxable. It's not a taxable event.

You can use that debt for anything that you want, including to live off of, to leverage up and buy more, or roll it into another asset. UM you can do something like I've done recently, like sell some real estate put that money into bitcoin. Now as that bitcoin price has risen, I'm able to borrow against it and go back and buy the same real estate or something similar, and I still own the bitcoin, and I also own the new asset as well. Lots of ways you can

do this. UM and block five is the company that I recommend. Down in the description, I have a link that you can click on. If you choose to use that link, you can earn up the two fifty dollars in bitcoin just for using that link. So check out

block by now. UM not through competition. You get a situation where as you're doing it You'll still going to want to bet on the most competitive that's that's out there, the most innovative, but you create a flywheel effect where the couple that are ahead, you're going to give them, you know, nitrous ox side, whereas everybody else is not going to have it. So you'll end up creating an

oligopoly around the States. So that's why you know you've got your companies like you de pontr fires Is, your Googles, your Microsoft, and all of this, because they are the beneficiaries of cheap money printing. They are the beneficiaries of all of our four oh one case, they are the beneficiaries of all of the excessive money that gets dumped

on Wall Street and everything. So they end up with all the money, all the resources, and they can do stuff that no smaller competitor can do because they've got all of this extra money that they shouldn't have had in the first place. But again it's it's an upstream problem. Likewise with black Rock and trying to solve the trying to fix the symptom, all it's going to do is create another set of problems. Is the Cobra effect that

which we spoke about last time. So so we have to like and this is where the stoicism of a big poin of really comes in into place. Like as much as we might be angry about all of these things, I mean, look, I'm a example, I got sense It on like I got perma Band off Twitter for nothing, like for calling someone a skank, you know, like wow, but perma band for something, you know, I spent three or four years to build up you know, like a like it was a really good profile. Now it's right

to do that. I'm not angry about that. I'm you know, maybe piste off about like the vote police element of it, but you know whatever, it's their right to do so. But that's not where the problem is. The problem is upstream. So I'm wondering if you have some sort of a thought process that helps you get down to that level. So for example, using the block rock thing as an example, so, um, they're buying up homes over, they're putting in single family

people into serfdom. Now they have to rent. People are mad and people tell me that we should pass laws to make that illegal. And that's like that seems like a knee jerk reaction. As you said, treating the symptom. So do you have some sort of a framework that maybe like do you just ask why a bunch of times? Or like, um, how does the average person that doesn't really understand let's get to that level? I mean, is

there any way to do that? It's I guess this is where the first principles that we spoke about last time really matter, right, So it's like, you know, what what matters to you and let's maybe let's maybe listening. So, like, you know, do you believe in private property like that which is yours? You should have the right to do what you want with um and you know the limitation or the boundary of that is not to encroach upon, you know, what somebody can do with their own private property.

So you know, so that that's something you know, I think we can all largely agree with, unless you're two year older socialist as a safe could say. You know, another thing would be you know, the freedom or speech like that, the right to think and say that what you believe. So we agree with that. So it's about kind of finding like, you know, what what else do you think could be? Um? You know, I think I think I think that's good. Right, So if you think about it where you have like these I guess you

have to have this this understanding of based truth. So private property for example, right, so if I believe in private property, Um, but then you're using private property for something I have horror. I hate. Well, I don't think it should be right for you to do that, But I don't want a lot to be passed to make it illegal for you to do that, because it's your private property and you should have the right to do

as you see fit. And so I guess it's like this, Uh, you're holding these contrasting thoughts in your mind, and maybe that's where people have that breakdown. And maybe maybe because they don't understand that based truth enough that yes. But but then like you know, just to counter that, playing devil's advocate is like on the flip side, you know, if someone on that side of defense might argue, well, we do live in this world of the feat world.

These guys get an unfair advantage. We're paying for it by becoming the surface. How else should we fight for this? Should we use the tools of the state to fight against the state? You know? So it's like so, so there's there's like a question of integrity there's a question of there's a question of efficacy, there's a question of what works what doesn't work, Like it's and another example

of this again would be um Twitter banning you. Well, they're a private company, they sud have the right for refuse service, right and so like, as a business owner, I want to retain the right to refuse service to whoever I wish, or hire fire whoever I wish. Um, but then I'm not happy they're banning people, censoring people. And I guess maybe the lines have gotten so muddy

between the states. Like so this this money system has distorted so many things where there's really no way to have that discussion or come out with any comparable answer. There isn't And and this is why I always come back full circle to the only way we solve any of this stuff is by first bankrupting state. Like, unless we do that, all we're doing is we're in like we're in the heat of battle here, Like we're not doing anything. It's old tactical bullshit, Like the only strategy

that works is bankrupt the state. You turn the tap off up here, Like if you want to beat an enemy at a wall, you don't go and fight the enemy consistently. You go blow up their food, you go blow up their water supply. They fucked, they finished, you know, like this is like age old strategy, like and that's what works. And now you stopped feeding the beast. Stop

feeding the beast. Like we're literally paying out j List And I think I said that to you a someone whatever it was, but like we're keeping them in business, and then we're wondering why they run such a bad business. Yeah, And then it almost like pits us against each other because now we're arguing over issues that really you're damned

if you do damned if you don't. Write, Like either side of the issue is not a good outcome, of course, and so now you and I are at each other talking about that and now maybe we're fighting about it when really neither answer is good because the problem doesn't get solved or get solved a different level exactly exactly.

And this is what like all that energy, all that stuff, like I mean, you know, I love what geoge is doing here at the event and everything, but most of the people he is speaking at the event, and I say, there's a little due respect, but that sitting here talking about like suing the Federal Reserve. It's not gonna do anything like, don't sue the Federal Reserve. Get your money out of this system, you know, take your wealth, take your capacity, and move it out. Like, let's talk about that.

That's a good point to bring up. So UM, So specifically, let's talk about one of these issues. For example, so UM, the problem with black rock is pricing people out of homes. That's kind of an urgent problem, like we need to like this needs to be fixed right now because people need to go buy homes to live in. Um. Owning in private property is one of the base things of building an economy. That's important. People should have a home.

And maybe that's a whole another conversation. But really the problem isn't the law of the problem is the FED giving them the money. Right, So in that scenario, let's not let's not make laws, let's go change the Fed. But here's the problem. Going to change the Fed takes a really long time. It could be a decade if we're lucky before, I don't know, a couple of years whatever. If we're lucky before we stop that versus we might be able to get a law past in six months.

So like is it like this multi prong like should we wait a decade long term perspective too, to solve the problem at its root? Or do we deal with it on a more media basis? Okay, so to find emergency basis? Okay, what do you mean by solving the problem with the FED, Like, do you mean like going through day channels to try and solve taking away the money? proNT taking away the money print? Yeah? Stop being the beast?

Yeah so so Yeah, the reality of taking the food from the beast is is real, and I believe we'll do it, but I believe it's gonna be over a long period of time. But we have an immediate need right now that a law might be able to fix. We might be able to keep the illusion of fixing. Perhaps. Well, it fixes the symptom, it treats the symptom. I had heartburn. I took an ant acid. It's probably gonna caused more problems in my body later, but at least it took

away the heartburn today. Yeah. Well, this is one of those things. It's like, at what point do you draw the line? Right? I mean, I don't I don't know, I really, I mean, let's let's let's talk through the worst case scenary. Let's say we don't do anything, black Crow keeps buying houses at overmarket price. What happens then?

What's the next logan? And they own all the single family homes and nobody in America can own a home and everybody is a surf on the land renting, okay, and then, um, so what happens when the rent can't be afforded by black Rock by the people who are this surfs? Um, well, then the state will probably subsidize that and black Rock will still make its money maybe I guess. So people will still get housing that's affordable, they just won't own it. M hmm. But as an

owning private property a key piece of an economy. Yeah. But in the world today, I didn't think like whether it's black Rock. I mean Australia's PROBA got a bigger problem in the U S. And that's that's let's let's jump to another one. And I want to be careful because it's going to go on YouTube. But we have a medical condition going around the world today that may or may not be in agreement by a lot of people.

Will say um, And we have employers today that are taking actions against people based off of unsound evidence, um right, And so I would like them not to do that. So we could pass a law that as business owners aren't allowed to take those actions. But then we're taking away the rights of business owners to make those actions. Or at some point the money print you will dry that up and create cause this medical problem to go away. But that could be a long time, and now everyone's

lost their jobs. Look, I spoke about this one, you know, when all the discrimination laws were getting put up. It's like, you know, what do we do, Like we should stop businesses from me able to discriminate against someone. I actually think discrimination is healthy, Like I want to discriminate between people. I think my friends. I want to discriminate. We do

everything like that's what I choose. I want to drink, and everything we do is discrimination exactly so so so that's like discernment is part of you know, human action. That that's what we must do. Selecting choosing that is that is discrimination. So as much as the evidence in all of the garbage that's associated with all this stuff is like unsound, we as as human beings must be able to discriminate, and a business must be able to choose who it wants to hire, and now it doesn't

want to hire. UM. My point that I made, like I use racism as an example in this whole video that I did, and what I said was, let's say you're a white redneck employer and you are hiring someone for a particular role. Hey, sorry to interrupt this video just one more time. I'm not running Google ads. So it's actually way less interruption than I normally would have on a video. UM. And that's because it's sponsored by

block five. UM. They are opening up the world of bitcoin and financial products offering to pay you interest on your bitcoin. Um better than own in a rental property that you have to manage and control and have the risks. You can just earn interest on it, or you can leverage against it. Now, I plan to hold my bitcoin forever and literally never sell my bitcoin. So how do you do that? Well, if I need money, I don't

want to sell that bitcoin. I'm gonna pay tax on it, all right, I'm gonna end up with less and I don't have the bitcoin anymore. So a better way to do it is to borrow against the bitcoin. So I've put all my money into bitcoin. If I want to buy a car or I want to buy a house, I can borrow against it at very very low competitive rates. Get my house, get my car, whatever that may be, and get to keep the bitcoin. I've done a whole

video on this. You can find it. I'll link it down to the description below how to retire off a bitcoin without paying taxes and you can do that with Block five services. A link to the video down below. I'm also going to put a link to Block five. If you choose to click on that link to check them out. You can run up to two fifty in free bitcoin just for using that link. And that's it. Let's go ahead and get back to the interview someone who doesn't like them. Why would you even want to

be there? Like the fact that you know someone is forced to like you and forced to hire you based on something that they didn't like about, it's actually pathetic. So so tying that same pace to this is, you know, let businesses not hire the people who don't want to be vaxed or whatever, and they can go work somewhere else. And that means the people were probably a brain and a higher intelligence questions are going to go set up

their own things. Do their own things like yeah, I guess the problem with that is um again, and the markets are so distorted that then well then the government's going to pressure all the other companies so they can't hire people. Um yeah, Like these are these are arguments that can't be one because there's no good outcome either way, and ultimately it's the system that has to be rebuilt. I guess, um. I think it's just hard for most

people to kind of see down to that level. It is and and the question is do we want to remain consistent whilst right winning and I actually are on the side of let's be consistent. Let that Black Rock buy what they want to buy, Let employers fire who they want to fire, you know whatever, Like let's just let that play out, because it it's not a pretty ending either way, and it's about time we stopped creating

more after effects anyway. We don't need any of that, like irrespective, Like the thing is, they're going to fire all their good people, they're going to keep all their ship people whatever, They'll fire some good people, like, they'll

they'll keep some good people like whatever. The case is, right, it's it's going to be messy, but let's just not touch any more things like the more we just back off stay consistent, and the more we put our energy into literally figuring out ways to opt out and figuring out ways to to you know, build communities and figuring out ways to become more resilient and self sufficient in groups that are aligned, that's where the energy needs to go.

Like it's almost to play a game of tennis, like you need two people, let's just walk off the court, right, I think that you just had like resilience, right, And so you talk about like working at a job where people hate you or don't want you there. Um, that's

part of the problem that it's become so hard to survive. UM. Our money, our currency as has been used as like a savings technology, and it's very poor at that, right, So it's losing targeted to lose two value per year, and that with the incentives to always spend, has forced

people to a point where there's no savings. And the problem without having savings if you don't be So if I had six months or a year of living expenses saved up and my employer did something I don't agree with, I have the ability to walk off that job because I have the money for six months or a year to go find other options. But when I'm living paycheck to paycheck, I'm I'm a servant and they can abuse me as they see fit. And again that's back to

another symptom. That's not right, but it's not caused at the symptom level. It's caused because the money is not good for savings level, and it gets harder and harder to survive at the same time. Yeah, it's look this, this, this is the tragedy of the commons in action, like this is the tragedy of well, the tragedy of the commons is when everybody shares everything, so everybody over abuses everything.

So how does that fit into this? I mean, I'm I'm saying it on a on a more metal level in the sense that you know, we we are in a world of collectivism, and we've tried to make everything public in a common and we've literally eaten each other alive, and everything is so mixed that there is it's hard to disseminate between what's private property, what's you know, freedom of speech, what's the right to refuse, what's the right

to discriminate? Like it's all just so messy, and we will spend decades trying to pull it apart and try and figure out what we should do, what we shouldn't do. And and this is this is the cancer of progressive law, is that you know, you create one thing, you solve one problem, you create ten more. Then you have to solve ten problems, you create a hundred. And this is where we are, like we're literally at the end of this path or somewhere near the end of it, where

the thing is so complex. Now almost anything we do is going to break something else. I talked about it like a giant oak tree with ten thousand livres, and we could pull one leave at a time, and that's a problem. And we can talk about every little problem on that oak tree. But at the bottom, at the base, at the root, there's the money, the money printer. And so it's like this ball of yarn you pull one pulls, but at the end of that yard, it's like at

the bottom it's the money printer. Yeah. I mean, another analogy could be where you know, we're a patient on life support. Now that's like being supported by a hundred different drugs, and like each of the drugs also interact with each other and it's like, you know, now and you've got a new problem. Women, you got to add another drug in, but that's gonna like wreck everything else. Like we're literally the the economy of the world is

a patient on its last legs. And in some ways it's you know, maybe we just this is why I like sort of on Rand really battled with this in Atlas Shrug. You know, for a whole book. She's got you know, Dagny on one side, who's like the protagonist who she wants to stay and fight because she believes that the looters should not take over the world, and John Gold and the rest of them are like you staying and fighting. You think you're doing the right thing,

but all you're doing is keeping their thing alive. Um, you keep it going. And yeah, I like, I mean I think of things in like a two prong approach though, right where it's like we can fight and resist at the same time. So you know, earlier we heard from a constitutional attorney talking about doing things through the legal system, and the legal system, the political system, the education system,

the media system. They all seem captured and control, like there's really not much we can do there, um, but we can win battles of perception and um um. It seems that there are some things that we can do and it's probably gonna have a little effect, but we can fight and we can resist. So that's the opt in out right. We can take our money out of the system, stop feeding the beast. Um, we can find a way to self sustain ourselves so that way we

can be resilient or resistant to that. So, I don't know, I think there's I think there could be a two prong approach, but at a multi program pitch. Yeah, So like the way I try, and I was having this exact conversation with someone, uh the other week or the other month or whatever. I said, Bitcoin is the is the one percent that you do that has does of the damage. That's that's your warhead, right, But there's still other things that you need to do, and that's where

you know, the sovereignty. That's where I mean, what you're doing with your channel, what I was doing, you know with my Twitter, and but you know what I do with my writing and all the other stuff. We are still having an impact, you know, and we're still having a positive impact on we changing perception, we're educating people. Were you know, slapping some sentence to some other, etcetera. So that needs to continue. And like I I by no means us discount or maybe discredit is probably more.

I probably do discount it a little bit, but I don't discredit that. Like I'm happy for people to go and fight that fight because it needs to happen. Where I sort of get annoyed is when people do that, but at the same time, simultaneous they say, oh, yeah, but bitcoin is not gonna do anything like that's just complete madness, because that is that's that's the fun, that's

the nuclear warhead, that's the big thing. So if we look if we look at history throughout revolution cycles, which I talked about earlier today over over I mean basically all of humanity, it's the cycle of oppression revolution, oppression revolution. But it's pretty easy to see right now for anybody, we're moving into this the suppression stage, right, so peak centralization, but not just that, Like the way technology is being developed, it almost looks like the perfect prison could be there.

And I think it's pretty evident to anybody paying attention that they see that. Um So what I mean, what other options do we have to break that trend? Yeah, um, I guess we have to look at what gives them the power to build that oppression. It comes back to the same thing, right, So look, you know, here's something to think about that. I've been doing some thinking on

this lately. Everyone talks about let's build a decentralized Twitter, let's build a decentralize this, to decentralize that, and all this stuff. And my argument is that trying to build for decentralization is actually a fool's Errand the only thing that creates natural decentralization in the world and in nature is competition. And what is happening in the world today with globalism and with you collectivism, is that it actually

eliminates competition. Now bitcoin reintroduces competition. So in a bitcoin world where you cannot socialize losses and privatized gains, in a bitcoin world where anyone at the bottom can earn the same type of money that you know, anyone at the top zoning, so you've got the capacity to climb

up society and they've got the capacity to fall. In that kind of world, what you end up having is you end up getting far more fierce competition, and you end up getting you won't get like competition where everyone's even, you get the kind of spread. But that's a perfectly organic, natural spread. Right. What we have today is a ninety nine point nine to zero points zero one, and the ninety nine pot nine are all sort of lowering down to be completely even um, and the zero point zer

one is this sort of elevated piece. Yeah, everyone thinks that socialism is is fairness, but if you look at any socialism or fascist or any of those, um, the majority of people are even lee poor. Yes, but then the top are extremely rich and so it's even more wealth and a qualite. Now the difference is instead of it being seventy thirty, now it's or something way more extreme. That's the thing or whatever. You can't force people upwards, but you can force them down. Verity to exist, we

might and it must be it must be dynamic. And this sort of comes back to, like I wanted to finish up the point of like um, equality of outcoming, quality of opportunity and equalities like in general is bitcoin gives us a quality of opportunity because those at the bottom have the capacity to climb, Like everyone has the opportunity to climb exactly, and everyone also has the opportunity to fall, and it's even across the board, like you can fall as much as you can climb. And then

that creates more competitive pressure in society. It creates more competitive upward pressure, and it actually creates a corrective mechanism on the way down because you don't have a safety net. You're not going to be lied to, implacated that you know, it's okay to have nothing in blah blah blah. Right, So what we end up getting is we get dynamic inequality, which is far more natural in society. You know, you get you get the growth, you get the correction, you

get the ups and downs. But it's um, it's able to do it itself without what we have in today in the field society is actually we have fixed inequality. If you're poor, if you're at the bottom, you can't climb no matter what you do. Like, the more you work, the more you get inflated away, the more you get taxed, the more you lose what you have. And if you're at the top, simultaneously you can socialize all your losses,

you can privatize all your gains. And then us idiots in the middle who are in the upper and middle, lower middle and upper middle class. We pay for both, and but we're all fixed. We're stuck there. So so we actually live in a class system today, no different than the feudal system. In fact, probably worse because it's more insidious. Where bitcoin creates, we still have classes and bitcoin, you know, we'll have poor, will have you, lower middle class,

up middle class, will have all of that. But the membranes that separate the classes, they're permeable. People will be able to move up and down them. And then, to say fairness too, is that nobody can control it. So the Fiat money system is unfair because the people that can push the button have an unfair advantage. They give it to their friends, which gives them a freak advantage. Um, so the fact that you own the most of it

doesn't make it unfair. It's the fact that nobody can control it or create more for themselves and their friends that creates that fair systems. And so then we're stuck back to the way the world should work, which is people ask me, well, how are the poor people supposed to get it? And they say, well, by providing value to those that have it in exchange. Correct, Yeah, So, so if you in the future and you just nailed

it in the future. If you're a person with no bitcoin because you were too um like ginger On, the people who are going to have no bitcoin in the future are going to fall in a couple of categories. They were too dumb, they were too ignorant, they were too arrogant, or they genuinely didn't have any access to it, or they weren't born. You know, so so they were born and they're young, right, so so somewhere in those

five categories. Now you can stay dumb, ignorant, and arrogant if you want um or if you're in the other two categories where you weren't born, you were too young, or you just ennuinely didn't hear about it or have access to getting any then you go and work like you have two options. You either go and work for the ship money that you're being paid like you know, the f F funny money, or you're gonna work for

bitcoin and you start accumulating bitcoin. You figure out a business or service of products, something to provide, and you accumulate bitcoin. But the beauty this time is that you can actually keep your wealth and know that it's not going to be leached by somebody and simultaneously everybody else that's creating wealth in the world. Because bitcoin will measure everything and there's a fixed amount. As we produce more as a planet each the purchasing power of the bitcoin

actually grows. It's like holding an et f on human productivity. So you will benefit in two ways. Your your own bitcoin will appreciate in wealth, and you'll continue to compound how much bitcoin you have, you know, and then that sort of eliminates all this stuff, like you know how the fiat model works, like holding getting interest from a bank that won't exist anymore because the interest will be

the increase in you're purchasing power of the bitcoin. So you want to just story bitcoin you don't needs interesting, So so it actually changes so many things that we think are normal today that it's just going to not exist. Yeah, So if a purchasing power of my bitcoin increases, I don't need to go get interest. Interest is increasing my purchasing power. That's the hope, the hope. Yeah, well, interesting, Well that's good stuff. Hopefully that helps it helps to

learn how to think through things. Um, the human body is a complex system, just like the world and the economy. Of a complex system. So you can't treat symptoms, you have to treat the system. Um, so some good stuff. Alex is a deep thinker. If you haven't noticed, he writes some really good papers. Has one out recently. We'll make sure to link to it in the show notes down below. Um, anything else you want to say, dude? Um? Yeah, I mean if people want to find my new Twitter account,

ghost of Yeah, the ghost of Fetsky. He got he got censored on a Twitter for speaking truth. We have to make sure we'll link to that on the show notes as well. That we're gonna to wrap it up. Hopefully that is giving you a little bit of insight. Um, always look deeper, stop looking too symptoms, look for the cures, and then fight to cure those things and trust they consistent and try that's very consistent. That's very difficult. Um, let's say all right, thanks to

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