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Speaker 1: The one and only Max Kaiser were sitting down doing

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Speaker 1: this and uh so we're in Phoenix and we are

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Speaker 1: on your flon tour tour. Um, I think that came

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Speaker 1: from because that came from Bitcoin Miami, and it's kind

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Speaker 1: of a continuation or how did that, how did that

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Speaker 1: come up? Come apart? Right? The Bitcoin Miami have been

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Speaker 1: When I came on stage to do the Michael Saylor chat,

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Speaker 1: it just kind of burst out. You know, Ellen was

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Speaker 1: in the news and uh he got a lot of

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Speaker 1: bitcoiners kind of on the wrong wrong side, and so

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Speaker 1: it burst out and a lot of people found it

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Speaker 1: interesting or controversial and become now a pretty interesting name.

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Speaker 1: Show me name the tour after this. Yeah, well you're

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Speaker 1: no stranger to controversy, controversy, sales, I guess well, we've

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Speaker 1: been doing journalism for almost twenty years now, and because

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Speaker 1: we did do journalism for outlets like Al Jazeera, English

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Speaker 1: Press TV, which is Iranian, RT, which is Russian, BBC,

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Speaker 1: which is communist, we we we have a lot of

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Speaker 1: controversy that blows us around, just because the journalists tend

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Speaker 1: to attract controversy if they're doing journalism. Yeah, well they should.

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Speaker 1: Well they used to do journalism not so much anymore. Right,

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Speaker 1: journalism is a lost heart. Yeah, it's a lost art. So, um,

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Speaker 1: what do you mean he got people on the wrong side. Well,

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Speaker 1: he he initially got folks interested in you know that

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Speaker 1: he was taking a look at bitcoin and buying bitcoin,

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Speaker 1: but he immediately did the rookie mistake of getting involved

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Speaker 1: in the ship points and number one, and then in

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Speaker 1: subsequent interviews he was kind of making fun of Al

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Speaker 1: Salvador as being kind of a backwater. Uh country wasn't

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Speaker 1: going anywhere. That was very rude. He was talking about

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Speaker 1: bitcoin note operators. It's not really essential or even look them.

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Speaker 1: So he didn't do the homework. I like Michael Sailor,

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Speaker 1: it did the homework, has done the homework, really understand

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Speaker 1: it got into it. Elon is a dileton, just flew.

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Speaker 1: He's a fly by guy. He's like, oh, this looks

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Speaker 1: cute and he's like an area. Yeah, that's a great point.

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Speaker 1: Now you are like the o G in the space.

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Speaker 1: I saw something from you the other day, like two

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Speaker 1: thousand and eleven. You were like saying, like I want

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Speaker 1: to get a million people into bitcoin back in two

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Speaker 1: dozen eleven, So you've been around a long time. I'm

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Speaker 1: curious to get your take on this because now I've

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Speaker 1: been in since which is all long day but not

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Speaker 1: not near as you. But um, I had my own

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Speaker 1: path down the all coins, and it seems like the

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Speaker 1: more research you do roads come back to bitcoin. And

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Speaker 1: I don't know anybody, and I'm curious from your viewpoint,

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Speaker 1: like it seems like the more work that somebody puts

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Speaker 1: in to do the research, nobody, nobody decides it doesn't work. Right.

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Speaker 1: It's almost like once you've done the work, like you're

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Speaker 1: bought in um if you if your service level like Elon,

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Speaker 1: maybe right, But have you seen that the more even

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Speaker 1: more to put the work you put in the bitcoin,

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Speaker 1: the more your conviction increases, and the morning you become

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Speaker 1: bitcoin maximum? Right, So nobody nobody puts the work in

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Speaker 1: and understands and goes, oh, this is never gonna work.

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Speaker 1: It's never seen it. It's the opposite that. Ever in

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Speaker 1: ten years, I've never seen anybody who put in a

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Speaker 1: lot of work and it was decided that it actually

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Speaker 1: was something that they weren't interested in and then never happened. Yeah,

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Speaker 1: it's never happened. So I thought that was an interesting viewpoint. Now,

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Speaker 1: I'm super interested in your take on like some international things,

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Speaker 1: because I know you've lived all around the world and

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Speaker 1: as you said, you kind of do news for these

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Speaker 1: different outlets. Um. I've always thought that, you know, specifically

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Speaker 1: around bitcoin, that at some point it's going to be

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Speaker 1: the battle for the ages, because the world doesn't want

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Speaker 1: to give up their grip on fiat specifically, the dollar

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Speaker 1: doesn't want to give up the grip on the dollar

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Speaker 1: reserve asset. But that's a that's a US centric view.

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Speaker 1: What about from other parts of the world that maybe

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Speaker 1: doesn't have the dollar reserve asset? Do you think there's

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Speaker 1: a difference there. No, you know, starting in the the n

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Speaker 1: we just had the fiftieth anniversary of the Nixon Shock,

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Speaker 1: the Sunday ninth, you know, you must closed the gold window,

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Speaker 1: and we went on this massive global experiment for the

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Speaker 1: first time, all fiat money, no Fiat money backed by

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Speaker 1: anything another fiat money. And then during the fifty years,

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Speaker 1: you know, you've had collusion. No mean, prints wrote an

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Speaker 1: excellent book Collusion. The central banks kind of worked together

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Speaker 1: in keeping interest rates artificially low by keeping the money's

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Speaker 1: big gets pumped and pouring out all this fiat money

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Speaker 1: and by essentially making it easier to commit financial fraud,

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Speaker 1: because financial fraud is financial ultimately by borrow of money.

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Speaker 1: And if the cost of borrowing money is near zero,

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Speaker 1: you are allowing and condoning all that financial fraud to

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Speaker 1: just become rampant throughout the globe. And this is what

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Speaker 1: we've seen, and this is the problems. I'm just about

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Speaker 1: every single problem you can point your finger at has

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Speaker 1: its root in too much free money. Yeah. I I

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Speaker 1: just did a video on that fiftieth anniversary that Nick

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Speaker 1: Nixon shock, and I grabbed a clip of his his

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Speaker 1: address when he announced that, and uh, there was a

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Speaker 1: lot of things that are that are important to talk about,

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Speaker 1: but one of them was he was saying, we have

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Speaker 1: to protect the dollar from the speculators, because the speculators

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Speaker 1: will one the country's were demanding goal. We don't want

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Speaker 1: the fake currency, but to the speculators, like uh, kind

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Speaker 1: of the famous A Story of Sorrows how he broke

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Speaker 1: the bank gaming un speculating. So everybody knew that they

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Speaker 1: had printed too many dollars and they would do it.

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Speaker 1: And I just thought if they never printed the dollars,

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Speaker 1: they wouldn't have had to protect it from the speculators.

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Speaker 1: Hey guys, let me just interrupt this interview real quick,

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Speaker 1: just to plug the show sponsor, and that is block Fi. Now.

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Speaker 1: Block five is doing amazing things in the bitcoin finance space.

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Speaker 1: As a matter of fact, they've cracked some really big

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Speaker 1: news by bringing on the x cftc UM chair Chris

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Speaker 1: gian Carlo UM and they are one of the most transparent,

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Speaker 1: most heavily regulated UM companies inside the United States, which

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Speaker 1: gives me a lot of trust into what their services are. Now,

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Speaker 1: I've recently did a video talking about how to retire

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Speaker 1: off bitcoin, and you can do that by leveraging debt

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Speaker 1: at an interest against bitcoin. And Block five is the

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Speaker 1: number one company in the United States or maybe in

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Speaker 1: the world to go to and use UM. They are

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Speaker 1: leading the charges or paying interest on your bitcoin if

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Speaker 1: you park it with him, or you can borrow against it. Now,

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Speaker 1: as I broke down in that video, you can borrow

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Speaker 1: against your bitcoin, and when you take debt against it,

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Speaker 1: it's not taxable. It's not a taxable event. You can

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Speaker 1: use that debt for anything that you want, including to

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Speaker 1: live off of to leverage up and buy more or

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Speaker 1: roll it into another asset. UM you can do something

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Speaker 1: like I've done recently, like sell some real estate put

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Speaker 1: that money into bitcoin. Now as that bitcoin price has risen,

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Speaker 1: I'm able to borrow against it and go back and

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Speaker 1: buy the same real estate or something similar, and I

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Speaker 1: still own the bitcoin, and I also own the new

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Speaker 1: asset as well. Lots of ways you can do this

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Speaker 1: um and block five is the company that I recommend.

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Speaker 1: Down in the description, I have a link that you

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Speaker 1: can click on. If you choose to use that link,

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Speaker 1: you can earn up the two d fifty dollars in

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Speaker 1: bitcoin just for using that link. So check out block fine.

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Speaker 1: Now all right, well, you know speculators are when policy

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Speaker 1: fails of capitalism. It's made up of free markets, and

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Speaker 1: you have buyers and sellers, and regulators regulate these markets

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Speaker 1: so that price discovery is piquin immius throughout the entire system.

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Speaker 1: And I just butchered that work. But I'm not going

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Speaker 1: to buy repronounce it nevertheless. Uh, when you have a

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Speaker 1: situation like Nixon had in nineteen seventy one where America

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Speaker 1: went too far into debt to pay for the Vietnam

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Speaker 1: War and they effectively defaulted on their gold obligations to

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Speaker 1: Great Britain by saying we're gonna send you our goal,

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Speaker 1: We're gonna send you more paper money. So the speculator

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Speaker 1: in this case was Nixon and speculating that Great Britain

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Speaker 1: would take paper and not go to war. And I

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Speaker 1: think Great Britain would have justifiably sent like France sent

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Speaker 1: today a worship to uh to New York. I guess

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Speaker 1: it was to pick up their goal. So they thought

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Speaker 1: it was an active war to try to monkey around

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Speaker 1: with their money. Great Britain should have done the same thing. Really,

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Speaker 1: But so that's what the speculation. He was speculating on

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Speaker 1: the spinelessness of the British people, and he he correctly

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Speaker 1: bet that they would be jellyfish and not respond. Yeah, so, um,

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Speaker 1: that's fifty It's been fifty years. So we had, you know,

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Speaker 1: are five thousand years of gold as a monetary standard

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Speaker 1: an hour fifty years in this monetary experiment of fiat currency.

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Speaker 1: And it just seems like when you look at the

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Speaker 1: world you kind of mentioned a minute ago, like interest

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Speaker 1: rates are at zero umrillion dollars of debt, Like how

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Speaker 1: fast and how far it's come. It just seems like

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Speaker 1: how much longer can I go for it? Man? Have

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Speaker 1: they pushed it to the max? Right? The swing vote

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Speaker 1: is China. So China has been a huge beneficiary of

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Speaker 1: the monetary system in the last twenty or thirty years.

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Speaker 1: They elevated themselves from their world status up to being

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Speaker 1: a superpower. So the question is at what point is

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Speaker 1: trying to open the trapdoor in the US dollar in conjunction.

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Speaker 1: Probably will move on Taiwan. They have to feel comfortable

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Speaker 1: that they can do that, and to do that, they

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Speaker 1: have been hoarding gold quite voluminously, un hundreds of tons.

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Speaker 1: They've got the one bout one road initiative that ties China, Russia,

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Speaker 1: it ran Um and now Afghanistan will probably join that quartet.

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Speaker 1: So uh, they I think believe that they're close to

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Speaker 1: being in a position to make a move on Taiwan.

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Speaker 1: They had a trial one of Hong Kong. They co

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Speaker 1: opted Um annexed Hong Kong without any pushback. Really no

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Speaker 1: no problem there. So I think it's all go, all

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Speaker 1: go ye for Taiwan. Yeah, and what do you think

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Speaker 1: the significance of Taiwan, Well, it would the chips are

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Speaker 1: manufacturing in Taiwan. It's a hugely strategic asset for China

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Speaker 1: from the technology side, technology side, So it's uh they

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Speaker 1: wanted so UM. I think that they're going to get it,

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Speaker 1: you know, and they've already told everybody they're gonna get it.

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Speaker 1: They took that Japan said, if you tempt it, we're

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Speaker 1: gonna step in. And they said if you even where

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Speaker 1: they say, if you even show one soldier, We're going

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Speaker 1: to nuke your whole island, I think they said. And

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Speaker 1: they have great allies, you know. I mean, Japan is

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Speaker 1: entirely depended on for an oil and they on domestic oil.

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Speaker 1: And also that would mean that there they would be

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Speaker 1: UM easily defeated. UM and UM. I think also another

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Speaker 1: major swing player and this whole thing would be Germany,

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Speaker 1: because Germany, I think, is gonna leave essentially need lead

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Speaker 1: NATO and side with Russia, China, Ran Afghanistan go east

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Speaker 1: for the pipeline. They already had that. The nord Tream too,

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Speaker 1: is already going right from Russia right to Germany. Uh

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Speaker 1: and they've got like thirty or forty percent of their

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Speaker 1: energy directly comes from Russia now and the US can't

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Speaker 1: compete on that front. And uh so I think that

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Speaker 1: will kind of tip the balance to a new century,

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Speaker 1: a new alliance, and a new The biggest trades on

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Speaker 1: the world would be the one road, one about one road.

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Speaker 1: It wouldn't be the he used currently number one that

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Speaker 1: I think overtaken by this new mass. And to your point,

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Speaker 1: China has done that all with the dollar, because they've

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Speaker 1: weaponized the dollar against us and kind built this empire,

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Speaker 1: this this whole Eurasian land mask. Um. So you talk

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Speaker 1: about it like being oil, which is kind of interesting

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Speaker 1: because obviously the dollars switched from gold back to this

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Speaker 1: kind of petro dollar. But now today we have like

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Speaker 1: this whole E. S G narrative going around and like

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Speaker 1: now we have activist shareholders taking over Exxon, and like

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Speaker 1: now they're not even gonna be in the oil business anymore.

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Speaker 1: Germany seems to want to be getting rid of all

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Speaker 1: their fossil fuels and even nuclear. So you still think

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Speaker 1: that has a lot of weight. Well, let me make

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Speaker 1: sure I understand the question. So E s G. Well,

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Speaker 1: it seems like the labor of the month, at least

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Speaker 1: to call it social responsible investing, and that's murphed and

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Speaker 1: morphed into E. S G. And this is a talking

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Speaker 1: point in the talking shops around the world like Davos

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Speaker 1: and things like that. So what do you exactly, Well,

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Speaker 1: it just seems like you're saying, like, tie all this

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Speaker 1: together with the oil. But it seems like at the

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Speaker 1: same time, all these countries are trying to get rid

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Speaker 1: of the use of oil, get rid of fossil fuels altogether.

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Speaker 1: So it didn't seem like could be the thing to

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Speaker 1: unite everybody when everybody seems to be trying to get

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Speaker 1: off of it. I guess was my point right there,

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Speaker 1: trying to move to renewables as opposed to fossil fuels. UM.

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Speaker 1: The oil business isn't going wet, right, you know, the

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Speaker 1: supply made the window, but the demand is not going

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Speaker 1: to Chinese cult capacity like they just went up again.

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Speaker 1: It's quite sharply UM and UM. Renewables are it's it's

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Speaker 1: it's UM. It's not really it's gonna be a factor

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Speaker 1: if you if you look at even the way as

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Speaker 1: you mentioned the petrol dollar. Right, so the entire banking

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Speaker 1: system is tied entirely to the oil industry because it's

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Speaker 1: extremely capital intensive and UM, so they're they're also not

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Speaker 1: gonna be on board with with a switch out of oil. Um,

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Speaker 1: so E s G. It's it's a lugeon that is

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Speaker 1: you used to kind of, um have a way to

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Speaker 1: frame the narrative. You know, people would use that E

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Speaker 1: s G. To somehow, um shape news and shape the

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Speaker 1: narrative and things like that. But it's it's it's purely cosmetic.

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Speaker 1: There's absolutely no no basis. There's no no, no, no

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Speaker 1: reason to think that this is a factor at all. Yeah. Yeah,

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Speaker 1: like I said, I mean it's definitely I agree with you.

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Speaker 1: It's definitely a way to control companies and countries even

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Speaker 1: and uh it may limit the supply, but the demands

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Speaker 1: not going away, right, so we're still going to have that.

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Speaker 1: So um, I guess all this just kind of feeds

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Speaker 1: into the bigger narrative. Obviously we're bitcoiners, um, and you know,

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Speaker 1: going from the Nixon shock, Um, it's almost like these

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Speaker 1: are just ripples that have been sent out, Like all

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Speaker 1: these are kind of like effects. Um. The Afghanistan piece,

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Speaker 1: what you mentioned we were talking about before recording is

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Speaker 1: kind of a big turn of events. Um, what's happened there,

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Speaker 1: and and uh there's probably a bunch of opinions on

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Speaker 1: that but it's like as bad as that was, like

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Speaker 1: maybe that would have always been avoided if we didn't

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Speaker 1: have the feet currency from the Nixon Shock. Would you

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Speaker 1: say that, you know, if you have money allows you

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Speaker 1: to go in Afghanistan's for twenty years without any objective,

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Speaker 1: without any plan um, and to just funnel trillions to

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Speaker 1: defense contractors right to your buddies down the street in Washington.

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Speaker 1: That's all. It is a pastrough mechanism to channel printonalized cantellent. Yeah,

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Speaker 1: there was as a war game. There was someone put

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Speaker 1: on Twitter post from from Julian Assans from two thousand eleven,

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Speaker 1: twenty years ago, a decade ago, and he was saying,

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Speaker 1: Afghanistan is going to be a way to funnel money

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Speaker 1: from the taxpayers to these multinational companies. And then you

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Speaker 1: see it today and it's like, exactly what you're saying,

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Speaker 1: exactly what happened? You know, it's the same thing. Yeah,

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Speaker 1: essentially the same thing, you know, I kind of I'm

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Speaker 1: I'm surprised that America, after spending two twenty two trillion

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Speaker 1: dollars in twenty years, couldn't find Saudi Arabia on a map, right,

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Speaker 1: we went in there after nine eleven because to reprise

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Speaker 1: the attackers, and they for some you know, for twenty

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Speaker 1: nine cents you go to the gas station and buy

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Speaker 1: a world map and then their Saudi Arabia here, okay gas,

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Speaker 1: and that's not the same, right, So after twenty years

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Speaker 1: they finally figured that out. They're like, you know, we've

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Speaker 1: made a wrong turn. We went a little bit too

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Speaker 1: far the side. Well that happened. It's like in the

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Speaker 1: GPS in your car, okay, you know, the parking lot

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Speaker 1: for thirty minutes, because they keeps sending it round in

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Speaker 1: the round and round. That's American food policy. They're completely

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Speaker 1: stuck on stupid, right. But they're spending trillions of dollars.

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Speaker 1: If you have money, there's never any penalty, but they

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Speaker 1: just keep it in their pocket and they go buy

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Speaker 1: stocks and inside our training and Nancy Pelosi sixty seventy

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Speaker 1: million dollars at the time in Washington just trading an

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Speaker 1: inside information. Yeah, that's what we're paying for. Yeah, just

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Speaker 1: because list goes on and on. How money it breeds leprosy. Yeah,

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Speaker 1: And the politicians are essentially fiat lepers. They think they

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Speaker 1: live in a cave where they're just gregging all this

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Speaker 1: fee on money showing upon them from the febuaries are

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Speaker 1: banking the Treasury Department, and they're drug trolls under a bridge.

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Speaker 1: There's all the fat pigs, right, and that's what we

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Speaker 1: feat that's our taxes go. It's a pigsty vermin yea. Yeah,

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Speaker 1: you mentioned the accountability piece. So there's no accountability. So

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Speaker 1: of course if they if they're not gonna get in trouble,

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Speaker 1: they're not gonna lose their jobs, is not gonna get whatever,

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Speaker 1: then they're going to keep doing it. You know, they

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Speaker 1: just dropped palates of hundred dollar bills in to Afghanistan

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Speaker 1: and hope that it's all gonna work out well. Right,

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Speaker 1: the guy just made up at the hundred fifties hundred

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Speaker 1: sixty million dollars of our tax money. Right, I was

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Speaker 1: hoping to buy a gold fish or something for my house,

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Speaker 1: you know, put some life in the quarter, you got it?

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Speaker 1: Like now it's like no, it's over in Dubai or

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Speaker 1: where he's living large as a good uh you know,

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Speaker 1: out law worshiping Muslim, you know, down at the bar

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Speaker 1: five o'clock every night, washed on my money. Yeah, okay,

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Speaker 1: you know, at least like read the crime don't be

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Speaker 1: an assholes like chapter one. Yeah, so under a sound

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Speaker 1: money standard, under bitcoin standard, under a gold standard previous

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Speaker 1: to FIAT, countries would go to war and if they

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Speaker 1: calculated wrong, if they lost, then they go bankrupt, and

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Speaker 1: then there's real consequences. Wars would end, and then there

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Speaker 1: would be consequences. They'd go bankrupt and the country would fall. Right,

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Speaker 1: that's right, Well, that's exactly right. You're you're limited to

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Speaker 1: That's why you had to be strategic. You know, you

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Speaker 1: had like Napoleon or whoever, you know, great generals because

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Speaker 1: they were able to win war is given the constraints

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Speaker 1: of their budgets. Yeah, but if you have no budgetary

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Speaker 1: constraints and you can just like sitting somewhere in Delaware

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Speaker 1: behind a video console and start killing civilians like a

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Speaker 1: video game and con tail yourself millions of dollars and

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Speaker 1: just watch dead people pile up on the street and

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Speaker 1: like give yourself a Budweiser at five o'clock. There's no

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Speaker 1: there's no reason to stop. Why would you stop? There's well,

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Speaker 1: human life has no value in that scenario. So I mean,

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Speaker 1: if Karma's coming back, you know, as Malcolm X said

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Speaker 1: that chickens are coming home to roost. Yeah. Now there's

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Speaker 1: one parallel that we both have drawn that I want

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Speaker 1: to discuss real quickly, and that was in regards to Afghanistan.

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Speaker 1: Um Well, I started out saying that, you know, we've

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Speaker 1: always kind of known that the powers that be are

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Speaker 1: not gonna want bitcoin because it's going to take away

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Speaker 1: their feat control. Um and with with with Afghanistan, we

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Speaker 1: were warned Omar warrened Bush like, hey, come out of

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Speaker 1: the bush, that we're gonna come out with everything, and

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Speaker 1: nowhere you can hide, and he said, we'll wait you out.

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Speaker 1: And so Afghanistan is notoriously has been called the graveyard

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Speaker 1: of empires. Right, so everyone that goes there it gets

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Speaker 1: defeated and then the empire falls apart. And there's something

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Speaker 1: about Afghanistan. It's just hard to kill. And so just

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Speaker 1: they don't wait everybody out. It's the Bitcoin of countries.

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Speaker 1: It's the Bitcoin of countries. It's decentralized, so you can

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Speaker 1: knock out one tribe or one hill or one group

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Speaker 1: and it doesn't matter because it's infinitely replicated throughout this

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Speaker 1: entire region and there's no way to to kill it.

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Speaker 1: For that reason, it's totally decentralize, the same reason why

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Speaker 1: a big cooin is unkillable. It's unconfiscatable, it's immutable, it's

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Speaker 1: unstoppable PDP file swapping. They've been trying to get rid

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Speaker 1: of that for decades. They can get rid of it

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Speaker 1: because it's totally distributed centralized. So that's that's what Afghanistan has.

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Speaker 1: So um, that was predictable that the US would do

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Speaker 1: exactly what they did. I think that going into Afghanistan,

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Speaker 1: if there was any game plan, it was that we

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Speaker 1: know at ultimately that we could probably blow two trillions

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Speaker 1: or more in this unwinnable war for our friends. Sound

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Speaker 1: down at the Pentagon, right, that was the plan, Like

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Speaker 1: they did say it worked out beautifully because it worked

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Speaker 1: out exactly because you know, the network of these guys

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Speaker 1: has shot up absolutely dramatically. That the wealth in America

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Speaker 1: is increased by trillions of dollars, and that's the trillions

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Speaker 1: that have been printed show up on the cap table

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Speaker 1: of the network of those people who are benefiting from

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Speaker 1: the genocide little maniacs that are running the show in

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Speaker 1: the same amount. It's like, here's here's five dollars over here.

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Speaker 1: Hold now, it's over there. How did you get there? Well,

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Speaker 1: we pretended like we had. We were looking for a

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Speaker 1: song and been longing. If I can get to stand

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Speaker 1: there eleven, then he was responsible for all that tragedy,

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Speaker 1: even though it was not them. But we won't say

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Speaker 1: nothing because Americans too stupid, and they're like, it's a

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Speaker 1: monetization of the mass stupidity of an entire nation, a

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Speaker 1: million morons being wrapped in the boat Fiat money ties

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Speaker 1: and putting the part thank you very much, Fox, Yeah, yeah, yeah.

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Speaker 1: I mean, if you have spent two and a half

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Speaker 1: trillion dollars, where do you think it went? Where did

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Speaker 1: they spend it? It went to those people, right to

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Speaker 1: those contracts, the stock market, the bond market, park, avenue

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Speaker 1: of apartments and houses in the Hampton's, Medigliani's van goes

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Speaker 1: right wineries in France. That's hey, sorry to interrupt this

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Speaker 1: video just one more time. I'm not running Google ads,

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Speaker 1: so it's actually way less interruption than I normally would

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Speaker 1: have on a video. And that's because it's sponsored by

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Speaker 1: block five Um. They are opening up the world of

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Speaker 1: bitcoin and financial products, offering to pay you interest on

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00:21:06,560 --> 00:21:09,439
Speaker 1: your bitcoin um better than owning a rental property that

398
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Speaker 1: you have to manage and control and have the risks.

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Speaker 1: You can just earn interest on it, or you can

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Speaker 1: leverage against it. Now, I plan to hold my bitcoin

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Speaker 1: forever and literally never sell my bitcoin. So how do

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00:21:19,600 --> 00:21:21,800
Speaker 1: you do that? Well, if I need money, I don't

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Speaker 1: want to sell that bitcoin. I'm gonna pay tax on it,

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00:21:24,200 --> 00:21:25,919
Speaker 1: all right, I'm gonna end up with less and I

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00:21:25,960 --> 00:21:28,320
Speaker 1: don't have the bitcoin anymore. So a better way to

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00:21:28,320 --> 00:21:31,040
Speaker 1: do it is to borrow against the bitcoin. So I've

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00:21:31,040 --> 00:21:33,119
Speaker 1: put all my money into bitcoin. If I want to

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00:21:33,160 --> 00:21:34,960
Speaker 1: buy a car, or I want to buy a house,

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00:21:35,080 --> 00:21:38,640
Speaker 1: I can borrow against it at very very low competitive rates,

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Speaker 1: get my house, get my car, whatever that may be,

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Speaker 1: and get to keep the bitcoin. I've done a whole

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Speaker 1: video on this. You can find it. I'll link it

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Speaker 1: down to the description below. How to retire off a

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00:21:48,040 --> 00:21:50,439
Speaker 1: bitcoin without paying taxes and you can do that with

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Speaker 1: block five services. I'll link to the video down below.

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Speaker 1: I'm also going to put a link to block five

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00:21:54,680 --> 00:21:56,360
Speaker 1: if you choose to click on that link to check

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Speaker 1: them out. You can earn up to two fifty dollars

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Speaker 1: in free bitcoin just for using link. And that's it.

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Speaker 1: That's ahead and get back to the interview. So, um,

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Speaker 1: bringing it back to bitcoin. I mean, so obviously bitcoin

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Speaker 1: could fix this by preventing it from happening in the

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Speaker 1: first place. But I also, like I said, like to

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Speaker 1: think about it being hard to kill. So just like

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Speaker 1: the Afghanistan was able to wait out the US government

426
00:22:16,200 --> 00:22:20,320
Speaker 1: for twenty years, Um, bitcoin can just wait out this

427
00:22:20,480 --> 00:22:22,880
Speaker 1: whole mess that's happening. I guess what is it if

428
00:22:22,880 --> 00:22:24,440
Speaker 1: you stand by the river long enough you see the

429
00:22:24,440 --> 00:22:26,240
Speaker 1: bodies of your enemies coming by a kind of a thing.

430
00:22:26,320 --> 00:22:30,600
Speaker 1: I read an proper this week. I learned something which

431
00:22:30,640 --> 00:22:34,919
Speaker 1: goes you have the watches, we have the time. I

432
00:22:34,960 --> 00:22:38,119
Speaker 1: like that, right, I like that? Yeah, Bitcoin is just

433
00:22:38,200 --> 00:22:43,119
Speaker 1: hop the zen moment of Hottle. It's like, um, you

434
00:22:43,240 --> 00:22:46,160
Speaker 1: cannot be. The only weapon they have to fight Bitcoin

435
00:22:46,320 --> 00:22:49,800
Speaker 1: with is to print more money and of course increases, Um,

436
00:22:49,840 --> 00:22:52,800
Speaker 1: the ash rain increases, the security increases the price. Yea.

437
00:22:52,960 --> 00:22:56,160
Speaker 1: So the more you attacked me, actually, my Dneworth skyrockets,

438
00:22:56,160 --> 00:22:58,600
Speaker 1: thank you very much. So attacked me all day long,

439
00:22:59,040 --> 00:23:02,720
Speaker 1: please you know. And and the more they attack it,

440
00:23:03,160 --> 00:23:05,840
Speaker 1: the more they prove the use case for it. Almost right,

441
00:23:05,880 --> 00:23:07,959
Speaker 1: Like if the government says don't do drugs, doesn't make

442
00:23:07,960 --> 00:23:09,240
Speaker 1: you want to go do drugs. When they say you

443
00:23:09,240 --> 00:23:10,639
Speaker 1: don't have the right to store your wealth in a

444
00:23:10,680 --> 00:23:12,960
Speaker 1: way we can't confiscate that, it makes me want to

445
00:23:12,960 --> 00:23:16,240
Speaker 1: do that. Well, it opens up people's eyes like, well,

446
00:23:16,280 --> 00:23:19,000
Speaker 1: what's what's going on here? Why are you concerned about this?

447
00:23:19,760 --> 00:23:22,760
Speaker 1: And some people jump into the rabbit hole. And as

448
00:23:22,800 --> 00:23:24,840
Speaker 1: we're saying before, the more you learn about and your

449
00:23:24,840 --> 00:23:28,200
Speaker 1: conviction goes up, and then you the network effect kicks

450
00:23:28,240 --> 00:23:30,199
Speaker 1: in and now you've got two hundred million users soon

451
00:23:30,200 --> 00:23:34,080
Speaker 1: it will be two billion users. And all the math

452
00:23:34,240 --> 00:23:36,639
Speaker 1: is on our side. You know, all the math is

453
00:23:36,680 --> 00:23:41,080
Speaker 1: on our side, and all the Fiat money bizarre, uh,

454
00:23:41,440 --> 00:23:44,720
Speaker 1: you know, runaway nightmare that's going on is also working

455
00:23:44,720 --> 00:23:48,199
Speaker 1: in our favor. And there's absolutely no possible way that

456
00:23:48,280 --> 00:23:50,879
Speaker 1: the central banks of any country right now, with the

457
00:23:50,880 --> 00:23:54,880
Speaker 1: exclusion of Russia, are able to actually raise interest rates

458
00:23:55,520 --> 00:23:58,240
Speaker 1: in a way that would stop this runaway freight train

459
00:23:58,359 --> 00:24:03,280
Speaker 1: of hyper inflationary collapse against bitcoin. So um, I want

460
00:24:03,280 --> 00:24:06,800
Speaker 1: to get into Max's crystal ball here, okay, and not

461
00:24:06,840 --> 00:24:08,920
Speaker 1: talking about I've got two in the moment, and I'm

462
00:24:08,920 --> 00:24:12,119
Speaker 1: not talking about price because I don't care about the price. Um.

463
00:24:12,200 --> 00:24:14,280
Speaker 1: So if all we have to do is wait it out,

464
00:24:14,440 --> 00:24:16,080
Speaker 1: if we stand by the river long enough, the bodies

465
00:24:16,080 --> 00:24:19,560
Speaker 1: will fly by. Um. And it seems like, I mean,

466
00:24:19,600 --> 00:24:21,879
Speaker 1: the world is scary right now. We have a censorship

467
00:24:21,920 --> 00:24:24,200
Speaker 1: and oppression, and we have our funding terrorism and all

468
00:24:24,200 --> 00:24:27,880
Speaker 1: these things. We're you know, the financial institution or world

469
00:24:27,960 --> 00:24:29,679
Speaker 1: is ready for a reset. I mean, their backs against

470
00:24:29,680 --> 00:24:32,600
Speaker 1: the wall, and it seems like just left on their own,

471
00:24:32,600 --> 00:24:35,359
Speaker 1: they're crumbling, right. The whole system is falling apart as

472
00:24:35,400 --> 00:24:38,600
Speaker 1: you as you're making the case. Um with bitcoin, we're

473
00:24:38,600 --> 00:24:41,200
Speaker 1: even helping push it over the edge. Um. So how

474
00:24:41,240 --> 00:24:44,000
Speaker 1: long how long are we going to have to stand

475
00:24:44,000 --> 00:24:47,000
Speaker 1: by the river before we see this whole system crumble? What?

476
00:24:47,000 --> 00:24:49,280
Speaker 1: What what do you think as far as like the

477
00:24:49,320 --> 00:24:52,320
Speaker 1: future two years, five years, twenty years, etcetera. Well, it's

478
00:24:52,320 --> 00:24:55,840
Speaker 1: crumbling right now. And look different locations so and we

479
00:24:55,880 --> 00:24:57,920
Speaker 1: don't care about them because they're not recorded by the

480
00:24:58,000 --> 00:25:01,879
Speaker 1: news like other parts of the world, other parts of America.

481
00:25:02,000 --> 00:25:05,439
Speaker 1: All right, So ninety thousand dead people from oxy contin overdose,

482
00:25:05,480 --> 00:25:08,120
Speaker 1: and anyone report that on the on the cable news,

483
00:25:08,200 --> 00:25:10,919
Speaker 1: does their deaths of despair caused by money printing and

484
00:25:11,000 --> 00:25:16,200
Speaker 1: negligence and kind of a soft genocide by the pharmaceutical companies.

485
00:25:17,040 --> 00:25:20,639
Speaker 1: We have life expectancy in America going down for the

486
00:25:20,640 --> 00:25:24,720
Speaker 1: first time. We have inframortality going up. We have press

487
00:25:24,760 --> 00:25:27,880
Speaker 1: freedom sinking and not even running on even the top

488
00:25:27,920 --> 00:25:30,879
Speaker 1: thirty five anymore in the United States. So we're already crashing.

489
00:25:31,000 --> 00:25:33,560
Speaker 1: Let's just not being reported on. It's like the portrait

490
00:25:33,600 --> 00:25:38,040
Speaker 1: of Dorian Gray rights watching paint dry. There's nobody upstairs

491
00:25:38,119 --> 00:25:40,080
Speaker 1: that looks good though. This is the version of the

492
00:25:40,119 --> 00:25:42,480
Speaker 1: portrare of Dorian Gray in America. We're both the portrad

493
00:25:42,520 --> 00:25:46,120
Speaker 1: in the living room and the attic both look like ship. Yeah,

494
00:25:46,680 --> 00:25:48,600
Speaker 1: so we're witnessing and as why I said, we're's crumbling

495
00:25:48,600 --> 00:25:51,240
Speaker 1: around as and and given it just just on its own,

496
00:25:51,240 --> 00:25:54,280
Speaker 1: it's gonna fall apart um. Yeah, it just seems like

497
00:25:54,480 --> 00:25:56,080
Speaker 1: we're in for quite a ride over the next couple

498
00:25:56,080 --> 00:25:57,840
Speaker 1: of years. So as long as we just huddle, al right,

499
00:25:57,880 --> 00:25:59,440
Speaker 1: I guess as you said this in case of huddle,

500
00:25:59,480 --> 00:26:03,040
Speaker 1: will just weight long enough. Yeah, that's the best thing

501
00:26:03,080 --> 00:26:07,359
Speaker 1: anyone can do. So Bitcoin was a gift and it

502
00:26:07,440 --> 00:26:11,000
Speaker 1: gives us a way to hoddle through this period in

503
00:26:11,720 --> 00:26:15,439
Speaker 1: history and to come out the other side of it. Um,

504
00:26:15,560 --> 00:26:18,320
Speaker 1: do you think of it in terms of like holding

505
00:26:18,840 --> 00:26:21,879
Speaker 1: holding my purchasing power so that when we come on

506
00:26:21,920 --> 00:26:23,439
Speaker 1: the other side of it, as you said, then we

507
00:26:23,520 --> 00:26:26,280
Speaker 1: still have wealth that we can buy more goods and

508
00:26:26,280 --> 00:26:30,040
Speaker 1: services as opposed to buying this four number go up

509
00:26:30,040 --> 00:26:31,639
Speaker 1: technology and I'm we're all going to get rich. And

510
00:26:31,680 --> 00:26:34,800
Speaker 1: by lambos right, is it the insurance or is it

511
00:26:34,880 --> 00:26:38,000
Speaker 1: investment or is it both? You know, you do come

512
00:26:38,000 --> 00:26:39,960
Speaker 1: out the other side of it with your purchasing power,

513
00:26:40,000 --> 00:26:42,359
Speaker 1: but you know, more more crucially, you come out the

514
00:26:42,400 --> 00:26:45,480
Speaker 1: other side of it with something. Because we're heading into

515
00:26:45,480 --> 00:26:47,960
Speaker 1: a situation where well, it's just going to be confiscated.

516
00:26:48,280 --> 00:26:50,880
Speaker 1: In Germany right now, the yield curve on the entire

517
00:26:50,880 --> 00:26:55,080
Speaker 1: German bond market is negative in nominal terms, and they're

518
00:26:55,119 --> 00:26:57,879
Speaker 1: now applying that to the people's bank accounts, their savings account.

519
00:26:58,160 --> 00:27:00,520
Speaker 1: So they're just confiscating money. It out of your bank

520
00:27:00,560 --> 00:27:04,359
Speaker 1: account in Germany right now. Um, they're just taking your money. Um.

521
00:27:04,400 --> 00:27:07,120
Speaker 1: So this is gonna be the situation all over the world.

522
00:27:07,160 --> 00:27:08,960
Speaker 1: In the US, we have the world reserve currency, the

523
00:27:09,000 --> 00:27:11,960
Speaker 1: US dollars, so slightly different but inflation does effectively the

524
00:27:12,000 --> 00:27:15,159
Speaker 1: same thing. So they're just stealing money through the money printing,

525
00:27:15,160 --> 00:27:19,600
Speaker 1: which causes all the inflation. And so it's confiscational wealth.

526
00:27:19,680 --> 00:27:23,080
Speaker 1: So it's it's about preserving purchasing power, but more importantly,

527
00:27:23,080 --> 00:27:27,440
Speaker 1: it's about having some wealth. It's unconfiscatable, it's unsensible. Uh,

528
00:27:27,480 --> 00:27:31,680
Speaker 1: It's it's like if you were escaping Nazi Germany and

529
00:27:31,680 --> 00:27:35,400
Speaker 1: and all, and you had no ability to walk out

530
00:27:35,400 --> 00:27:37,680
Speaker 1: of there with anything. You were completely naked, but you

531
00:27:37,760 --> 00:27:39,560
Speaker 1: had a sea phrase, a bitcoin in your mind of

532
00:27:39,640 --> 00:27:42,440
Speaker 1: twelve words, you could move a billion dollars. I could

533
00:27:42,440 --> 00:27:45,879
Speaker 1: go to the airport tomorrow, completely naked, walk land anywhere

534
00:27:45,920 --> 00:27:49,280
Speaker 1: in the world and have my wealth completely intact if

535
00:27:49,320 --> 00:27:51,760
Speaker 1: I just have to remember those twelve seed words in

536
00:27:52,080 --> 00:27:56,679
Speaker 1: the I thought about that in Uh, seeing those pictures

537
00:27:56,720 --> 00:27:58,800
Speaker 1: of all those Afghanists, I'll just people in Afghanistan trying

538
00:27:58,840 --> 00:28:01,240
Speaker 1: to escape and there's whatever, haven't hearn People loaded onto

539
00:28:01,320 --> 00:28:04,120
Speaker 1: one of those planes and they didn't have anything with them.

540
00:28:04,160 --> 00:28:06,280
Speaker 1: They had no luggage, they didn't have they didn't have

541
00:28:06,480 --> 00:28:08,440
Speaker 1: bars of gold, they weren't carrying their bank accounts or

542
00:28:08,440 --> 00:28:10,479
Speaker 1: their or their real estate. But they could and they

543
00:28:10,480 --> 00:28:12,920
Speaker 1: probably didn't. But that's where bitcoin comes in. They could

544
00:28:12,920 --> 00:28:14,600
Speaker 1: just know those words in their head, right, and it

545
00:28:14,640 --> 00:28:16,320
Speaker 1: does give you some peace of mind. Also, let's say

546
00:28:16,320 --> 00:28:18,440
Speaker 1: you're in a stressful situation like in Australia right now,

547
00:28:18,440 --> 00:28:22,080
Speaker 1: which has gone essentially you know, they're they're making the

548
00:28:22,160 --> 00:28:25,760
Speaker 1: Nazis I think lush. You know, like the Nazis would

549
00:28:25,760 --> 00:28:27,320
Speaker 1: look back and you know, if they can you look

550
00:28:27,359 --> 00:28:29,399
Speaker 1: in history, they would look to seeing what Australian government

551
00:28:29,400 --> 00:28:36,760
Speaker 1: and they'd be like, you guys, get it, good job. Yeah, right,

552
00:28:36,880 --> 00:28:42,680
Speaker 1: So they got an incredible advantage if you can actually

553
00:28:43,360 --> 00:28:47,240
Speaker 1: give yourself peace of mind by at least knowing that

554
00:28:47,400 --> 00:28:50,040
Speaker 1: at the end of the day they cannot confiscate that.

555
00:28:50,800 --> 00:28:53,040
Speaker 1: You know, they could take my gold teeth, they could

556
00:28:53,040 --> 00:28:55,520
Speaker 1: take my liver, if they could take my kidney, right,

557
00:28:56,040 --> 00:28:58,640
Speaker 1: but they can't take my sea friends. Yeah, so that

558
00:28:58,760 --> 00:29:02,520
Speaker 1: gives me some piece of my and like ultimately, um,

559
00:29:02,760 --> 00:29:05,880
Speaker 1: and they can only kind of fund themselves to FA money.

560
00:29:05,920 --> 00:29:10,680
Speaker 1: So we know that that's that's a path to annihilation.

561
00:29:10,840 --> 00:29:13,479
Speaker 1: So we get to get at the last laugh and

562
00:29:13,520 --> 00:29:15,800
Speaker 1: hopefully in the craziness of the world that we have

563
00:29:15,960 --> 00:29:18,560
Speaker 1: right now, people are realizing that if you want to

564
00:29:18,560 --> 00:29:20,880
Speaker 1: remain free, you might have to be able to move

565
00:29:20,880 --> 00:29:23,160
Speaker 1: around a little bit, and so you want to be

566
00:29:23,200 --> 00:29:25,800
Speaker 1: able to be agile with your wealth. And if you're

567
00:29:25,840 --> 00:29:27,880
Speaker 1: you know, if we look back to Nazi Germany early

568
00:29:27,920 --> 00:29:30,680
Speaker 1: days and not to Germany, um, the rich, the rich

569
00:29:30,800 --> 00:29:33,440
Speaker 1: Jews in Germany, they didn't want to leave because they

570
00:29:33,480 --> 00:29:36,600
Speaker 1: had all their wealth and they were stuck there, right,

571
00:29:36,600 --> 00:29:40,560
Speaker 1: and so being able to have that wealthy portable right Germany,

572
00:29:41,080 --> 00:29:42,800
Speaker 1: So being able to be portable with your wealth is

573
00:29:42,800 --> 00:29:46,080
Speaker 1: going to be a massive benefit in these coming years.

574
00:29:46,120 --> 00:29:51,240
Speaker 1: I think that's the key difference that is actually possible.

575
00:29:51,720 --> 00:29:54,640
Speaker 1: You have digital gold that is completely portable, and you

576
00:29:54,680 --> 00:29:56,719
Speaker 1: can't do it with gold or silver, it's not portable

577
00:29:56,760 --> 00:29:59,920
Speaker 1: like yeah, so that's it's a very remarkable thing. So

578
00:30:00,320 --> 00:30:04,560
Speaker 1: there will be bitcoiners left over after the Fiat holocaust.

579
00:30:05,120 --> 00:30:08,760
Speaker 1: There will be bigcoiners remaining who can restart civilization and

580
00:30:08,800 --> 00:30:12,920
Speaker 1: we'll be fucking like funnies and restarting humankind as bitcoiners.

581
00:30:13,800 --> 00:30:16,240
Speaker 1: You know that there may only be you know, I

582
00:30:16,280 --> 00:30:19,320
Speaker 1: don't know how many left the big coiners troop bitcoiners

583
00:30:19,520 --> 00:30:22,800
Speaker 1: that they will be inherent civilization and we will have

584
00:30:22,880 --> 00:30:25,479
Speaker 1: to start over again. We have to avoid large gatherings

585
00:30:25,480 --> 00:30:26,720
Speaker 1: so they don't take us all out at one time.

586
00:30:27,400 --> 00:30:31,640
Speaker 1: That's decentralized, decized everywhere there's that will be a pocket. Right.

587
00:30:31,680 --> 00:30:34,240
Speaker 1: So let's say that the U. S. Military decided to

588
00:30:34,360 --> 00:30:38,960
Speaker 1: drop a nuclear bomb on a Texas bit mining farm. Okay,

589
00:30:39,000 --> 00:30:42,720
Speaker 1: they'll still be farming in Iceland. Yea. So we saw

590
00:30:43,440 --> 00:30:46,560
Speaker 1: the network go down in China exactly, didn't even do anything, exactly,

591
00:30:46,640 --> 00:30:51,120
Speaker 1: did not hurt TikTok, next block and stop. The Bitcoin

592
00:30:51,200 --> 00:30:54,360
Speaker 1: protocol kept going and going and going. That's our savior.

593
00:30:54,800 --> 00:30:56,040
Speaker 1: You know. We want to make it to the other

594
00:30:56,080 --> 00:31:00,480
Speaker 1: side so we can be pro creating, starting civilization in

595
00:31:00,520 --> 00:31:05,920
Speaker 1: a massive orgy of bitcoin. Let's do it. Yeah, well good,

596
00:31:05,960 --> 00:31:07,360
Speaker 1: I mean that's a lot of stuff that we went through.

597
00:31:07,560 --> 00:31:11,280
Speaker 1: I love I love that point of just being hard

598
00:31:11,320 --> 00:31:14,000
Speaker 1: to kill that decentralized and just waiting long enough because

599
00:31:14,000 --> 00:31:15,320
Speaker 1: we know the system is going to fall apart, and

600
00:31:15,400 --> 00:31:18,600
Speaker 1: so we'll do that. So and you've been a big mortal.

601
00:31:18,840 --> 00:31:21,800
Speaker 1: It's immortal. Bitcoin is immortal. Yeah right, So it has

602
00:31:21,840 --> 00:31:27,880
Speaker 1: a mysterious origin, it performs miracles, and it's immortal. Where

603
00:31:27,920 --> 00:31:31,080
Speaker 1: have we seen that before? We've seen that narrative last

604
00:31:31,160 --> 00:31:35,720
Speaker 1: a few thousand years. Yeah, so yeah, bitcoin as the

605
00:31:35,760 --> 00:31:39,440
Speaker 1: second coming of Christ is a viable idea. Yeah, I

606
00:31:39,480 --> 00:31:43,840
Speaker 1: think so. It's a distributed Christ. Well, definitely, its blooming

607
00:31:44,120 --> 00:31:47,760
Speaker 1: and you know, a billion simultaneously, the same revelation that

608
00:31:47,960 --> 00:31:50,400
Speaker 1: love be take. It's all happening at one time, and

609
00:31:50,480 --> 00:31:56,120
Speaker 1: imagine Christ two point out the essentially a bitcoin. Yeah. Nice,

610
00:31:56,160 --> 00:31:58,000
Speaker 1: Well that will wrap it up. I can't wait for

611
00:31:58,000 --> 00:32:00,440
Speaker 1: the party tomorrow night. I'm sure. I'm sure we'll get

612
00:32:00,440 --> 00:32:02,880
Speaker 1: to hear plenty of those rants. I can't I can't

613
00:32:02,920 --> 00:32:06,880
Speaker 1: wait for that energy. Yeah, what else you want to say?

614
00:32:06,920 --> 00:32:09,080
Speaker 1: Anyone else? You want to talk about more events coming up?

615
00:32:09,160 --> 00:32:12,760
Speaker 1: Or uh? Well no, I mean we got something coming

616
00:32:12,840 --> 00:32:16,840
Speaker 1: up in Paris, and and you know, I lived in

617
00:32:17,120 --> 00:32:19,720
Speaker 1: France for fourteen years, and so I know France very well.

618
00:32:19,760 --> 00:32:21,320
Speaker 1: I know Paris very well. I'd love to go back

619
00:32:21,360 --> 00:32:25,440
Speaker 1: to France anytime I can. And and then from there,

620
00:32:25,640 --> 00:32:27,720
Speaker 1: we're not sure, but we can, As you say, it's

621
00:32:27,760 --> 00:32:30,880
Speaker 1: very agile, we can hopefully do more of these events

622
00:32:31,040 --> 00:32:35,440
Speaker 1: that get people down into these kind of revival events.

623
00:32:35,520 --> 00:32:38,600
Speaker 1: So follow Max on Twitter and on YouTube, and that

624
00:32:38,640 --> 00:32:40,240
Speaker 1: way you can find out where he's gonna be, and

625
00:32:40,280 --> 00:32:43,960
Speaker 1: when he does the Paris event, it much thank you, Okay,

626
00:32:44,040 --> 00:32:44,320
Speaker 1: all right,